Credit One Bank, a US-based credit card issuer, has launched a new cash back rewards credit card in collaboration with American Express.

The Credit One Bank American Express card offers unlimited 1% cash back rewards on every dollar spent.

The cardholders will also get retail and return protection, travel accident insurance as well as extended warranty coverages.

It is the first credit card issued by Credit One Bank on the American Express Network.

Credit One Bank CEO Robert DeJong said: “The new Credit One Bank American Express Card offers our card members more choice and value while broadening our credit card offerings overall.

“And, at the same time, we’re offering customers the chance to earn more cash back rewards, on every purchase, wherever they use the card. American Express is a leader in rewards and loyalty, and we are proud to offer our customers a strong product with the security and value of the American Express Network.”

American Express senior vice president of global network services William Stredwick said: “We look forward to partnering with Credit One Bank, one of the fastest-growing issuers in the industry, to offer their customers a card with the strongest value, rewards, and services of any Credit One Bank credit card.”

Credit One Bank provides a complete line of consumer credit card products. It is the exclusive issuer of the official credit card of NASCAR and the official credit card of the NHL’s Vegas Golden Knights.