American Express Refunds Merchant Discount Rate for Charitable Contributions for Hurricane Sandy Relief

Company Also Contributes $1,000,000

NEW YORK--(BUSINESS WIRE)-- In response to the devastation caused by Hurricane Sandy, American Express (NYSE: AXP) today announced that it will rebate the merchant discount rate for charitable contributions for Hurricane relief that Cardmembers make directly to these non-profit organizations using their American Express Cards:

The rebate is effective retroactively from Monday, October 29 through December 31, 2012.

Cardmembers can also use their Membership Rewards® points for charitable contributions to these organizations as well as others.

In addition, American Express will donate $1,000,000 to the American Red Cross and other organizations involved in Hurricane relief efforts.

About American Express

American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/companies/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products and services: charge and credit cards, business credit cards, travel services, gift cards, prepaid cards, merchant services, business travel, and corporate card

Media Contact:
Marina Norville, marina.h.norville@aexp.com, +1.212.640.2832

Source: American Express