Do you have a favorite credit card? AmEx ranks high with customers

The Federal Reserve has granted a request by American Express to become a bank holding company. (AP)

August 23, 2012 3:08:32 PM PDT
Do you favor one credit card over others in your wallet?

A new survey by JD Power and Associates finds American Express is the most beloved credit card among U.S. consumers.

It got top scores for card terms, billing and payment processing, rewards and problem solving.

Discover card also rated well with customers.