American Express And Wells Fargo Team Up on Credit Cards

American Express Company (NYSE:AXP) and Wells Fargo & Co (NYSE:WFC) are joining hands to facilitate Wells Fargo's attempt to market a portfolio of credit cards to its consumers.

The fourth-biggest U.S. bank, Wells Fargo & Co (NYSE:WFC), will make Amex Cards available in the market place nationwide by mid-2014. However, financial terms of the deal were not disclosed.

Wells Fargo to launch pilot program soon

The nation’s largest home lender, Wells Fargo customers will be able to apply for the Amex cards through mail, online, phone and 6,000 retail store locations. Wells Fargo & Co (NYSE:WFC) will conduct a pilot program for customers...