American Express is taking control of restaurant reservations

Trying to book a table at a popular restaurant? American Express is making it easier for their cardholders. The company recently acquired Tock, a booking app for thousands of restaurants and venues. American Express already owns Resy, a rival booking app, and offers exclusive table access to their customers. By acquiring Tock, American Express gains even more control over restaurant reservations. While this benefits restaurants in connecting with new customers, it could make it harder for non-cardholders to secure reservations. This move by American Express is part of a larger trend of credit card companies offering exclusive perks to their customers.