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ZYNC from American Express® Launches “The Quarterlife Project,” Empowering 20-Somethings to Take Control of Their Finances

Mercator Advisory Group by Mercator Advisory Group
January 15, 2011
in Analysts Coverage
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In a new generational marketing effort tied to its new Zync Charge Card, American Express is making available financial management content oriented to the needs and concerns of “Quarterlifers,” consumers in their twenties. Included is a Quarterlife Survey of financial concerns, which highlights the anxiety felt by many in this segment:

The project kicks-off with the release of new survey findings indicating making money is the top concern for people in their twenties (96%), with nearly eight in ten (79%) saying they feel overwhelmed by their current financial situation. In addition, more than half (57%) of those surveyed indicated they are still financially dependent on their parents and other family members to help pay bills.

Content featured at facebook.com/zync includes:
1. ZYNC Virtual Quarterlife Coach: featuring tips and e-mail advice from Gen Y expert Christine Hassler
2. Info on the ZYNC Charge Card
3. ZYNC Advisory Panel: ZYNC Card’s Advisory Panel, now known as the ZAP, posts articles on art, culture, fashion, food, personal finance, giving back, and other topics.
4. CurrencySM a service of American Express: a new online service available at getcurrency.com provides advice on managing personal finances

See the original press release at: http://eon.businesswire.com/news/eon/20110113005030/en/ZYNC-American-Express%C2%AE-Launches-%E2%80%9CThe-Quarterlife-Project%E2%80%9D

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