American Express Card Member Rewards Expense increased by 6.1% to $4.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 11.7%, from $4.38B to $4.89B.
axp_card_member_rewards_expense| Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $3.11B | $3.59B | $3.57B | $3.77B | $3.96B | $3.79B | $3.77B | $4.23B | $4.17B | $4.38B | $4.62B | $4.61B | $4.89B |
| QoQ Change | — | +15.4% | -0.6% | +5.5% | +5.0% | -4.1% | -0.5% | +12.0% | -1.4% | +5.0% | +5.5% | -0.2% | +6.1% |
| YoY Change | — | — | — | +21.1% | +10.2% | +6.2% | +0.2% | +6.9% | +9.9% | +16.0% | +9.3% | +10.6% | +11.7% |