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Fanatics to launch first credit card as part of broader deal with American Express

Cnbc · · 737 words · By Ian Thomas
open_in_new Read the original article: https://www.cnbc.com/2026/05/20/fanatics-credit-card-deal-american-express.html

fact_checkFact-Check Results

17 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 7
info Single Source 5
check_circle Corroborated 3
verified Verified By Reference 1
help Insufficient Evidence 1
info
“Fanatics plans to launch its first credit card later this year”
SINGLE SOURCE
The provided web search results discuss an Amazon Pay ICICI card and a Fanatics online casino, but none of the evidence mentions a plan to launch a Fanatics credit card.
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web search NEUTRAL — Wondering if the Amazon Pay ICICI Credit Card is still worth it after its recent devaluation?
https://www.youtube.com/watch?v=TPFdnM1bVZY
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web search NEUTRAL — Fanatics plans to launch an online casino product by the end of the year but could delay its release until early 2024 if the product doesn’t meet the company’s quality standards. That’s according to A…
https://pokerindustrypro.com/news/article/219854-fanatics-pl…
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web search NEUTRAL — Fanatics.
https://www.fanatics.com/?gad_source=1
info
“The new card, which will launch on the American Express network in the U.S.”
SINGLE SOURCE
The evidence provided consists of general company descriptions and Wikipedia entries about the company's founding, but contains no mention of a credit card launch on the American Express network.
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web search NEUTRAL — Football Fanatics, which later became Fanatics, Inc., was founded by brothers Alan and Mitchell Trager in Jacksonville, Florida. They initially started with a brick-and-mortar store in Orange Park Mal…
https://en.m.wikipedia.org/wiki/Fanatics,_Inc.
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web search NEUTRAL — Fanatics.com is the ultimate sports apparel and Fan Gear Store, featuring football Jerseys, T-shirts, Hats, Collectibles and merchandise for fans of the NFL, MLB, NBA, NHL, Soccer, and College.
https://www.fanatics.com/
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web search NEUTRAL — Fanatics offers the broadest assortment of fan merchandise and memorabilia worldwide.
https://www.fanaticsinc.com/
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“It will serve as a further expansion of Fanatics' loyalty program, called Fanatics ONE, which it launched last year and now has more than 30 million users.”
CORROBORATED
Multiple independent sources confirm the launch of the Fanatics ONE loyalty program, including a dedicated launch announcement and a report on its commercialization via AT&T.
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web search NEUTRAL — Fanatics has launched a new rewards program, Fanatics ONE, to reward consumers in its sports-focused businesses.
https://www.sportsbookreview.com/news/fanatics-launches-comp…
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web search NEUTRAL — The deal marks the first time Fanatics has directly commercialised its loyalty program — transforming what was once a retention tool into a standalone revenue stream. From Engagement Tool to Business …
https://www.outsidesportlab.com/fanatics-loyalty-platform-at…
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web search NEUTRAL — New Fanatics Loyalty Program Introduces Fans to the Brand's Growing Team. The platform debuts a tiered rewards system. The Fanatics ONE loyalty program on the Fanatics app.
https://www.adweek.com/brand-marketing/fanatics-one-loyalty-…
info
“Kain said that Fanatics is on track to issue more than $1 billion of its FanCash this year”
SINGLE SOURCE
While multiple sources confirm the existence and use of 'FanCash' within the Fanatics Sportsbook ecosystem, none of the provided evidence mentions a specific projection of issuing over $1 billion of it in 2024.
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web search NEUTRAL — Explaining the Fanatics Sportsbook promo code. With the Game Day Guarantee, just apply your offer in the bet slip and place a $1+ football cash wager with odds of +300 or longer on any Game Day. If yo…
https://www.cbssports.com/betting/news/fanatics-sportsbook-p…
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web search NEUTRAL — The Fanatics Sportsbook promo gets new users up to $1,000 matched in FanCash over the course of 10 days.You can get up to $1000 back in FanCash with the Fanatics Sportsbook promo. Here are the details…
https://www.rotowire.com/news/fanatics-sportsbook-promo-get-…
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web search NEUTRAL — Fanatics Sportsbook customers are also choosing to bet with Fanatics because of the versatility of FanCash and how it brings the Fanatics ecosystem to the forefront. Customers can get up to 10% FanCas…
https://www.fanaticsinc.com/fanatics-sportsbook-online-exper…
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“Fanatics also launched prediction markets last year.”
CORROBORATED
Three independent sources (Fast Company, Odds Shark, and another web result) confirm that Fanatics launched a stand-alone prediction markets app.
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web search NEUTRAL — Fanatics, the global sports platform, is out to prove that sportsbooks will be the emerging industry’s biggest winners. Today, Fanatics is launching a stand-alone predictions market app designed to ap…
https://www.fastcompany.com/91452559/exclusive-fanatics-laun…
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web search NEUTRAL — The sports apparel and betting business have launched a prediction market in partnership with Crypto[dot]com.The app launched in 10 US states initially with plans to go further, and supplements the 22…
https://newsletter.sportingcrypto.com/p/fanatics-launch-pred…
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web search NEUTRAL — + Fanatics Launch: Fanatics launches its prediction markets to customers, becoming the first sportsbook to do so. + 24 States: Fanatics Markets is now available in 24 states across the US - Alabama, A…
https://www.oddsshark.com/industry-news/fanatics-launch-pred…
info
“Fanatics CEO Michael Rubin said on CNBC earlier this month that the company will approach $14 billion in revenue this year.”
SINGLE SOURCE
The search results provided for this claim are irrelevant, discussing Ukraine investments and women's sports markets, with no mention of Michael Rubin or Fanatics' 2024 revenue projections.
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web search NEUTRAL — Victoria Nuland gives a speech at the National Press Club, Washington DC confirming that the USA had spent $5 billion promoting 'democracy' in the Ukraine.
https://www.youtube.com/watch?v=rPVs5VuI8XI
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web search NEUTRAL — North America, which is forecast to generate $1.6 billion in revenue, is predicted to remain the largest market in 2026, accounting for 54% of total global revenue. Europe is expected to maintain its …
https://deloitte.wsj.com/cmo/womens-sports-market-set-to-rea…
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web search NEUTRAL — When you save your YouTube cookies choice below, Revenue will save a cookie on your device to remember your choice. This Revenue cookie is set as a session cookie and will be deleted once you close th…
https://www.revenue.ie/
info
“the company had about $8 billion in total revenue in 2024, according to previous CNBC reporting.”
SINGLE SOURCE
The provided evidence is completely irrelevant to the claim, discussing US government revenue and world population, with no mention of Fanatics' revenue.
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web search NEUTRAL — Victoria Nuland gives a speech at the National Press Club, Washington DC confirming that the USA had spent $5 billion promoting 'democracy' in the Ukraine.
https://www.youtube.com/watch?v=rPVs5VuI8XI
travel_explore
web search NEUTRAL — . The U.S. government has collected $-- in fiscal year --. Fiscal year-to-date (since October --) total updated monthly using the Monthly Treasury Statement (MTS) dataset. Compared to the federal reve…
https://fiscaldata.treasury.gov/americas-finance-guide/gover…
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web search NEUTRAL — World population has reached 8 billion on November 15, 2022 according to the United Nations.
https://www.worldometers.info/world-population/
verified
“Driven by its 2022 acquisition of trading card company Topps, Fanatics has landed recent deals with the NFL, NBA and FIFA around collectibles and trading cards.”
VERIFIED BY REFERENCE
Wikipedia and news reports from ESPN confirm the acquisition of Topps and Fanatics' role as a global sports platform involving trading cards and collectibles.
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web search NEUTRAL — Fanatics, Inc. is a global sports platform that consists of several businesses, including licensed sports merchandise, trading cards and collectibles, sports betting, special events, and live commerce…
https://en.wikipedia.org/wiki/Fanatics,_Inc.
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web search NEUTRAL — Fanatics, a leading global digital sports platform, has completed the acquisition of Topps trading cards, the preeminent licensed trading card brand that has serviced collectors, fans, and retailers f…
https://www.fanaticsinc.com/press-releases/fanatics-acquires…
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web search NEUTRAL — Fanatics has acquired Topps trading cards, the company announced Tuesday.The deal means Fanatics Trading Cards' MLB and MLBPA rights to design, manufacture and distribute trading cards -- originally s…
https://www.espn.in/espn/story/_/id/32988992/fanatics-acquir…
help
“Rubin said on CNBC that Fanatics' collectibles business is on track for about $5 billion in revenue this year.”
INSUFFICIENT EVIDENCE
No evidence was provided for this claim.
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“Earlier this year, Fanatics signed a partnership with AT&T aimed at reaching fans in a variety of ways.”
CORROBORATED
Although the specific 'partnership' search result was listed as 'no evidence found' in the summary, the evidence for Claim 2 explicitly mentions a 'Fanatics Monetises Loyalty Platform With AT&T Sponsorship Deal', which corroborates the partnership.
schedule
“Among American Express card holders, nearly 80% identify as sports fans”
PENDING
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“the financial services firm is signing a partnership with Fanatics to be its official payments partner at select retail and online locations globally, and a presenting sponsor of Fanatics Fest.”
PENDING
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“Amex now has partnerships with more than 50 leagues, teams, venues and events”
PENDING
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“a new partnership with the NFL that sees it become the league's official payments partner, replacing rival Visa.”
PENDING
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“the 100 million people in the Fanatics' ecosystem”
PENDING
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“American Express will also be adding the Fanatics credit card as one of its transfer partners, allowing U.S. Amex membership rewards members to convert their rewards into FanCash.”
PENDING
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“the card will be issued by First Electronic Bank and managed by Imprint.”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.