Wells Fargo, American Express Announce Credit Card Partnership

Two companies that share the same founders and a rich history, Wells Fargo

and American Express

, announced today a new chapter of partnership that will see Wells Fargo issuing new credit cards accepted on the American Express network. Wells Fargo will make the cards available in the marketplace nationwide by mid-2014. Financial terms of the agreement were not disclosed. “We are delivering on our strategy to expand our credit card business,” said John Stumpf, Chairman and CEO of Wells Fargo. “Our goal is to offer Wells Fargo customers a suite of cards that help them meet their financial goals. We're proud to have American Express as a partner in this