Credit One Bank and American Express announced a co-branded rewards card called the Credit One Bank American Express Card, which offers 1% cash back on all purchases. 

The card is the first issued by Credit One Bank that operates on the American Express network. 

"The new Credit One Bank American Express Card offers our card members more choice and value while broadening our credit card offering," Robert DeJong, CEO at Credit One Bank, said in a company release. "And, at the same time, we're offering customers the chance to offer more cash back rewards on every purchase, whereever they use the card."

The card will offer unique discounts from major brands through the Amex Offers program and early access to concerts and events through American Express experiences. 

Cover image: Credit One.