AmEx, Foursquare create discount partnership

June 23, 2011 11:23:11 AM PDT
American Express has struck a deal with Foursquare, a popular social networking app for mobile phones, to provide discounts to AmEx cardholders who use the location-based app service to "check-in"' at many stores and restaurants.

AmEx cardholders who link their social networking profiles to Foursquare can earn cash back for spending at participating stores and discounts at restaurants.

American Express says it will announce additional offers in the coming weeks.