American Express unveils reinvented corporate programme
American Express has announced a reimagined corporate programme, which it says contains new offerings to meet the needs of companies and their employees. The American Express Corporate Program – the suite of products that includes the American Express Corporate Green, Gold, and Platinum Cards – will roll out a set of tools and solutions that are designed to make business travel more efficient and enjoyable, help ease the task of expense management, and provide benefits that can extend to card members’ personal lives.
American Express is also unveiling a custom offering under the Corporate Program for startups as they continue to rapidly scale and grow their businesses. The Corporate Program for Startups will offer the option of full corporate liability, as well as offering dynamic spending capacity that flexes with the startup’s linked business bank account. For startups, this should mean big spending power that is not fixed, with no personal credit score impact, no personal guarantee, and no security deposit.
The enhanced Corporate Card Program includes new partnerships with Uber and ID biometrics firm CLEAR, and an expanded partnership with Hilton. In addition, Gold and Platinum Corporate Card Members can use enhanced benefits that can make business travel easier, such as annual airline fee credits (new, US$100 for Corporate Gold, and enhanced, US$200 for Corporate Platinum) for use on things like Wi-Fi, meals on planes, and baggage fees on their selected qualifying airline. This is in addition to existing benefits like Fee Credit for Global Entry or TSA Pre✓ (Corporate Gold and Corporate Platinum) and access to both Fine Hotels & Resorts and the Global Lounge Collection (Corporate Platinum).
The updated American Express Business App will help Corporate Card Members view and manage their business transactions, statements and account, as well as organise their expenses via enhanced expense reports that can be created within the app instantly. New expense reports capabilities include categorising transactions, attaching receipt images to reports, and exporting reports into PDF form.
The app also now supports American Express Maps, giving Card Members visibility into nearby merchants where they can use their Card, with icons that indicate Card Member favourites and small businesses nearby.