Fidelity Investments said it is dropping American Express Co. (AXP) and Bank of America Corp. (BAC) as its credit card partners, and joining with U.S. Bancorp (USB) and Visa Inc. (V), Reuters reported Monday on its website.

Fidelity had partnered with American Express and Bank of America for 12 years.

The changes are effective Monday, Fidelity said.

Full story at: www.reuters.com/article/us-fidelity-banks-creditcards-idUSKBN0UI0BW20160104

Write to nymonitoring@dowjones.com

 

(END) Dow Jones Newswires

January 04, 2016 09:03 ET (14:03 GMT)

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