Credit Card Wars: Gen Z and Millennials Fueling the Luxury Boom

The Credit Card Wars are heating up! American Express and Chase are battling for dominance in the premium card market, and younger consumers are fueling the fight. Amex Platinum sign-ups doubled after a refresh with millennial-friendly perks, while Chase Sapphire Reserve also saw record growth despite rising fees. Find out how Gen Z and millennials are reshaping the future of luxury credit cards and driving billions in purchases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.