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World's first traveler's cheques issued by American Express

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards.

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan.

Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay, Visa, and Mastercard. 141.2 million Amex cards were in force worldwide as of December 31, 2023, with an average annual spend per card member of US$24,059. That year, Amex handled over $1.7 trillion in purchase volume on its network. Amex is the 16th largest US bank, with a total of US$270 billion in assets or 1.1% of all assets insured by the FDIC.

Historical Significance

American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards.

Events Before

  1. Physicist J. J. Thomson (33) weds Rose Elisabeth Paget

    Physicist J. J. Thomson (33) weds Rose Elisabeth Paget

  2. Eritrea is consolidated into a colony by the Italian government

    Eritrea, officially the State of Eritrea, is a country in the Horn of Africa region of East Africa. Its capital and largest city is Asmara.

  3. German Chancellor Otto von Bismarck resigns after 19 years after a disagreement with German Emperor Wilhelm II

    German Chancellor Otto von Bismarck resigns after 19 years after a disagreement with German Emperor Wilhelm II

  4. Painter Pierre-Auguste Renoir (49) weds Aline Victorine Charigot

    Painter Pierre-Auguste Renoir (49) weds Aline Victorine Charigot

  5. Canadian boxer George Dixon becomes the first Black world champion when he stops English bantamweight champion Edwin "Nu

    Canadian boxer George Dixon becomes the first Black world champion when he stops English bantamweight champion Edwin "Nunc" Wallace in 18 rounds in London

Events After

  1. Ellis Island opens as a US immigration inspection station and becomes the gateway to the United States for more than 12

    Ellis Island opens as a US immigration inspection station and becomes the gateway to the United States for more than 12 million people

  2. Manuel Roxas is born

    Manuel Roxas is born

  3. Painter Paul Gauguin marries Teha'amana, a 13-year-old Tahitian girl

    Eugène Henri Paul Gauguin was a French painter, sculptor, printmaker, ceramist, and writer, whose work has been primarily associated with the Post-Impressionist and Symbolist movements.

  4. The rules of basketball are first published in Triangle magazine, written by James Naismith

    The rules of basketball are first published in Triangle magazine, written by James Naismith

  5. The Coca-Cola Company is incorporated in Atlanta, Georgia

    The Coca-Cola Company is an American multinational corporation founded in 1892 headquartered in Atlanta, Georgia.

More from the 1890s

Physicist J. J. Thomson (33) weds Rose Elisabeth Paget

Physicist J. J. Thomson (33) weds Rose Elisabeth Paget

Ellis Island opens as a US immigration inspection station and becomes the gateway to the United States for more than 12

Ellis Island opens as a US immigration inspection station and becomes the gateway to the United States for more than 12 million people

German physicist Wilhelm Röntgen announces his discovery of X-rays

German physicist Wilhelm Röntgen announces his discovery of X-rays

Eritrea is consolidated into a colony by the Italian government

Eritrea, officially the State of Eritrea, is a country in the Horn of Africa region of East Africa. Its capital and largest city is Asmara.

Frequently Asked Questions

What happened on August 5, 1891?
American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards. It is headquartered at 200 Vesey Street, also known as American Express Tower, in the Battery Park City neighborhood of Lower Manhattan. Amex is the fourth-largest card network globally based on purchase volume, behind China UnionPay, Visa, and Mastercard.
Why is World's first traveler's cheques issued by American Express significant?
American Express Company or Amex is an American bank holding company and multinational financial services corporation that specializes in payment cards.

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August 5 in HistoryYear 1891