After seven years of topping the list of America’s favorite credit cards, American Express finally has some competition.
Discover (DFS) tied American Express (AXP) for the number one spot this year, according to J.D. Power’s annual report on credit card satisfaction.
Both companies received scores of 819 out of 1,000 based on survey responses from 20,000 credit card customers who rated issuers on their terms and conditions, interaction with customers, billing and payment policies, rewards programs, resolution of cardholder issues, and other services.
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