Mercantile Partners with American Express and the American Society of Interior Designers to Launch a Small Business Credit Card for Design Professionals
American Express (NYSE:AXP), Mercantile and the American Society of Interior Designers launched the ASID American Express Business Card, issued by Celtic Bank on the Amex Network.
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Rhea-AI Summary
American Express (NYSE:AXP), Mercantile and the American Society of Interior Designers launched the ASID American Express Business Card, issued by Celtic Bank on the Amex Network. The card targets interior designers and small design firms with tools tailored to project-based cash flow and vendor management.
Features include flexible approval pathways with weekly autopay options, the Credit LimitShieldSM auto-payment threshold, support for building business credit profiles, competitive rewards on everyday spending, and access to Amex Offers, network benefits and insurance protections. The program runs on the American Express Agile Partner Platform and is expected to expand to additional professional verticals.
Details
News Market Reaction – AXP
On May 26, the day this news came out, AXP closed 0.34% below the previous close.
Data tracked by StockTitan Argus for the May 26 session.
Key Figures
- Partnership duration
- 5 years
- Mercantile’s association partnerships built over past five years
Previous Partnership Reports
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Synchrony to issue MyLowe's Pro Rewards Amex card for home improvement pros.
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Amex, Resy and Chef’s Table link streaming brand to live dining events.
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Multiyear extension with NBA and related leagues as Official Payment Partner.
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Expanded Emburse partnership adding Amex virtual cards and real-time data.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
New ASID program offers a purpose-built business credit card and credit tools for a profession defined by project-based cash flow
The partnership is tailored to independent designers and small design firms — businesses that manage significant project expenses, seasonal revenue cycles, and client payment timing that rarely align with traditional credit structures. Through Mercantile's platform, ASID will offer a new member and partner-focused business credit card designed around the financial realities of running a modern design practice.
The ASID American Express® Business Card includes:
- Approval pathways, including weekly autopay options that may help qualified businesses with lower credit profiles access credit
- A unique Credit LimitShieldSM feature that allows cardholders to self-select a percentage threshold that triggers an automatic payment to ensure there is always available credit to make purchases without interruption or delay
- The ability to build a stronger business credit profile over time, reducing reliance on personal credit
- Access to Amex Offers and Amex Network benefits across travel, lifestyle, and retail, as well as insurance protections
- Competitive rewards on everyday business spending offered by Mercantile
"Interior designers are running sophisticated businesses," said Khoi Vo, President and Chief Executive Officer of the American Society of Interior Designers. "They are managing complex project timelines, vendor relationships, and fluctuating cash flow, and that requires financial tools built for how this work actually operates. This partnership with Mercantile reflects ASID's commitment to strengthening the business of design as much as the practice itself. When designers have access to the right resources, they can grow more sustainably, run more efficiently, and stay focused on what they do best: creating spaces that improve people's lives."
"The ASID American Express® Business Card is designed to help interior designers run their businesses — managing vendors, materials, project timelines, and client billing — by providing financial tools that support their growth," said Scott Shaw, CEO and President at Onboard Partners, Mercantile's parent company. "This partnership with ASID and American Express reflects our commitment to working with trusted professional associations to deliver credit programs specific to their needs."
"American Express is pleased to partner with Mercantile and the ASID," said Will Stredwick, SVP and GM of Global Network Services for
The ASID program joins a growing roster of association partnerships Mercantile has built over the past five years. This milestone marks the start of the broader Mercantile American Express card program expected to roll out across professional verticals, supporting entrepreneurs and small business leaders in ways unique to the needs of their profession.
The Mercantile & ASID cobrand program is built on the American Express Agile Partner Platform (APP), which enables fintechs and program managers to create and introduce customized payment products quickly, securely, and seamlessly in partnership with American Express.
For more information, visit about.asid.cards
About Mercantile
Mercantile is a financial services platform and a division of Onboard Partners, focused on expanding access to credit for small and professional service businesses. Mercantile works with trusted organizations to design and operate responsible, scalable credit card programs that support growth, transparency, and long-term financial health. Programs are enabled on leading payment networks, including American Express.
About the American Society of Interior Designers
Founded in 1975, the American Society of Interior Designers (ASID) is the leading professional organization for interior designers. ASID advances the interior design profession and unites a community that believes design impacts lives. Through education, knowledge sharing, advocacy, community building and outreach, ASID strives to advance the interior design profession and demonstrate the power of design to positively change people's lives. ASID's community of 19,500+ members engage in a variety of professional programs and activities through a network of 48 chapters throughout
About American Express
American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services, and experiences that enrich lives and build business success.
Founded in 1850 and headquartered in
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SOURCE Mercantile
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