AMEX debuts new rewards programme for corporate accounts

AMERICAN EXPRESS has launched its new Corporate Membership Rewards in Singapore – the first Asian market to access the programme that offers savings and benefits on corporate expenditure.

The programme allows businesses to consolidate reward points earned through multiple cards issued to employees into a single company account, and to use these points for redemptions on items such as statement credits against travel-related charges, credit amounts against corporate card statement balance, dining and fuel vouchers, and employee incentives.

Every S$1.60 (US$1.30) spent on the American Express corporate card earns the company one rewards point.

Jennifer Berthold, vice president & general manager, global corporate payments, American Express, said: “This programme provides the type of corporate savings and maximum benefits from company spending that our corporate customers have been telling us they want.

“(It) provides businesses an additional way to save by virtually turning company-wide expenses into savings.”

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