Cardmembers can now earn more Membership Rewards® factors on business spending at selected
tour-associated and everyday merchants as well as overseas currencies transactions
HONG KONG, June 20, 2022– American Express is increasing assist for corporates and corporations
in Hong Kong with an upgrade version of its American Express Gold Corporate Card and Corporate Card. Corporate
clients might be capable of leverage an elevated earn fee on commercial enterprise expenditures to obtain better company
financial savings and progressed cash waft, equipping them with more potent competitive edge to capture enterprise opportunities amid
the enhancing marketplace surroundings.
Tony Tsai, Vice President & General Manager, Global Commercial Services, Hong Kong and Taiwan and Foreign
Currency Solutions, Asia Pacific at American Express said, “We’re committed to ensuring our
products offer more fee to help organizations pass similarly, and even more so as they’re charting a route past the
pandemic. With this in thoughts, the improved rewards on the Corporate Card Program are designed to in shape the spending
patterns and evolving desires of our customers’ enterprise operations, with a view to assist them steer through the
unchartered water and emerge more potent.”
Enhanced Earn Rate to Meet New Normal Needs
American Express Corporate Cardmembers[1] can now earn up to two Membership
Rewards factors for every HK$1 spent at decided on merchants[2] across Program diverse
classes designed to suit conventional journey and enjoyment call for as well as the new everyday operational wishes
– inclusive of online marketing and virtual equipment; eating and meals shipping; freight and logistics; tour,
accommodations and inn eating as well as airline spending. In other words, commercial enterprise charges with traders inclusive of
Amazon Web Services, Apple, FedEx, Google Ads, Meta Ads, in addition to a number of the most premium global resorts and
airlines will now grow to be even extra rewarding.
Cardmembers can also revel in the equal better earn fee for each HK$1 expenditure made in maximum foreign foreign money
transactions[three], making agencies’ overseas forex spending each
fine and convenient as go-border enterprise returns.
Cash Flow Management Becoming Important as Business Spending Expected to Rise
American Express has revealed in a latest worldwide enterprise survey that managing commercial enterprise spending and cash waft is
turning into greater important during the publish-pandemic global. The Global Business Spend Indicator through American
Express[4] has found that extra than half of (fifty one%) of the global
companies surveyed count on more B2B spending inside the next six months, with the spending increase expectations upward push with
commercial enterprise length. It was also revealed that seventy two% of the surveyed businesses discovered that dealing with cash float and running
capital have turn out to be more critical over the past three hundred and sixty five days.
With the American Express Corporate Cards, no longer best can company clients enjoy the more monetary efficiency
from the get admission to to an intensive array of advantages and rewards under the Membership Rewards Program, they can also
enjoy brilliant cash drift flexibility, better visibility and manage over their commercial enterprise spending in addition to the ease of
facilitated pass-border transactions.
Learn more approximately the American Express Gold Corporate Card and American Express Corporate Card at amex.co/3PvjOcm and amex.co/3sJOX25 respectively.
Please download Press Images from right here.
About American Express Global Commercial Services
Through our Global Commercial Services division, American Express offers powerful backing and assist that enables
companies of all sizes gain financial savings, manage and performance. We provide a set of charge and lending
merchandise, answers for travel and regular enterprise spending, go-border payments, worldwide foreign money solutions, and
business financing. To study extra about Global Commercial Services, go to enterprise.americanexpress.com/hk.
Priscilla Ching
+852-2811-6327
priscilla.ching@aexp.com
Eric Chan
+852-2811-6107
eric.chan1@aexp.com
OGILVY PUBLIC RELATIONS
Hon Man Li
+852 9638 1208
janice.ng@ogilvy.com
Leanne Pok
+852 9379 9694
leanne.pok@ogilvy.com
Source: American Express Company
Location: Greater China (Mainland China, Taiwan and Hong Kong)
[1] Participation in the Membership Rewards Program is open to all Cardmembers
whose Card Accounts are billed in Hong Kong dollars from Hong Kong difficulty to the approval of Amex. For info
please confer with amex.co/3xcqbsR.
[2] For the total listing of selected traders, please discuss with amex.co/39dePwH.
[three] Selected foreign currency approach any forex apart from Hong Kong Dollar
(HK$) and Renminbi (RMB).
[4] GLOBAL BUSINESS SPEND INDICATOR BY AMERICAN EXPRESS
METHODOLOGY
The Centre for Business and Economic Research commissioned Opinium to conduct a survey of more than 3,500 organizations
inside the UK, Australia, Canada, Japan, Program Mexico, and the united states, asking them approximately their expectations concerning B2B
spending inside the next six months. The survey covered questions asking about the gadgets on which groups are
expecting to peer better or lower spending. Furthermore, corporations were asked for the drivers of adjustments in spending
conduct. Finally, the survey furnished insights into how contemporary financial demanding situations, especially inflation and
deliver chain disruptions, impacted groups’ operations and how they are trying to find to respond to those problems.