American Express has seen its quarterly profits climb, following a strong rise in credit card use, especially by international cardholders.
American Express is putting more aside to counter defaults on loans
The US credit card and travel services firm saw profits for the three months to June reach $1.057bn (£513.3m), from $945m in the same period last year.
The results - which beat forecasts - were also helped by a $65m tax break.
The rise in credit card use comes as several banks have seen a rise in defaults on credit card loans.
Last week both JP Morgan Chase and Capital One Financial said their level of write-offs from bad debt had increased in the quarter compared to last year.
Like other firms in the sector, American Express has decided to increase the amount of money it will set aside for defaults on loans.