American Express Bank of Canada
in Canada 🇨🇦
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About American Express Bank of Canada in Canada
American Express Bank of Canada is a federally regulated Schedule II bank that operates as the Canadian banking subsidiary of American Express Company. As a Schedule II bank (foreign bank subsidiary), it is wholly owned by American Express Travel Related Services Company, Inc., with ultimate ownership by American Express Company of the United States.
The bank specializes in consumer and commercial payment card services, offering credit cards, charge cards, and non-card lending products to individuals, small businesses, mid-sized companies, and large corporations across Canada. It is a member of both the Canadian Bankers Association (CBA) and the Canada Deposit Insurance Corporation (CDIC), ensuring deposit protection for Canadian customers.