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.