Earnings rose in the third quarter at the card units of American Express Co. and Dean Witter, Discover & Co. - but they still suffer high levels of credit card losses.

Profits in the American Express Travel Related Services unit rose 8.8% from a year earlier to $323 million. Dean Witter Credit Services earnings rose 7%, to $120 million.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.