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American Express Steps Up its Backing to SMEs in Hong Kong with a newly-improved American Express® Gold Business Card

New product comes with an improved welcome offer for businesses, in addition to the ability to earn 60% more rewards.


American Express is stepping up its support to small-to-medium enterprises (SMEs) in Hong Kong with an upgrade of the American Express Gold Business Card. The new product empowers businesses to get the most out of their spending, enjoy better financial flexibility and control of their commercial payment solutions, helping them stay focused on developing their businesses.


With the upgrade, Gold Business Cardmembers can now earn 2.5 Membership Rewards® points for every HK$1 spent on local transactions, and 3 Membership Rewards points for every HK$1 spent on foreign currency transactions[1]. An extensive array of benefits and rewards – including statement credits, cash vouchers, business meals, Asia Miles and more – are available for redemption.

With no expiry date and no maximum limit on points to be earned, companies can make more out of their business expenditure and thus enjoy greater financial efficiency.

Ryan Norine, Vice President and General Manager, Global Commercial Services, Hong Kong and Taiwan, American Express said, “More than ever, cashflow is critical to small businesses. We have heard their concerns and have upgraded the American Express Gold Business Card to help SMEs in Hong Kong stay competitive in this ‘new normal’, by enabling them to maintain a healthy cashflow while keeping their business going.”


The American Express Gold Business Card offers Cardmembers ready access to credit with up to 51 credit-free days[2] as well as no pre-set spending limit[3], giving SMEs added purchasing power and financial flexibility to grow their businesses. The Card also comes with American Express’ commercial payment solution which consolidates business spending and provide increased visibility and control over their expenses.

Refinery Motion Limited is an e-commerce retailer in fashion and an American Express Gold Business Cardmember. Its Director, Ms. Law, shared, “The strongest support that this product provides to SMEs like us is the strengthened cashflow. The feature of no pre-set spending limit has allowed us to manage different operating expenses at ease. When using the card for supplier payments, not only do we enjoy the credit-free period, but also earn Membership Rewards points for extra rewards. In addition, I particularly appreciate American Express’ efficient, reliable and caring customer services which are truly exceptional and have let us dedicate our focus on growing the business.”


New Cardmembers may earn 450,000 Membership Rewards® points upon spending HK$60,000 in the first three months[4], including a welcome bonus of 300,000 points and local spending rewards of 150,000 points. This would be enough to redeem 30,000 Asia Miles[5] or HK$1,500 statement credit.

Other privileges and benefits that American Express Gold Business Cardmembers can enjoy:

  • Up to US$350 Promotional Credit[6] at Amazon Web Services (AWS)
  • Savings and offers for Cardmembers through the American Express Selects® Program[7] as well as other benefits covering entertainment, shopping and more
  • Complimentary business insurance for Basic and Supplementary Cardmembers[8]
  • Enhanced security with fraud protection
  • Online account management tool and quarterly management reports for better expenses management and control

American Express Gold Business Card has an annual fee of HK$980, with an offer of first year annual fee waiver now available[9]. Learn more about the product:

Bringing more values to businesses in Hong Kong is part of the ongoing #AmexBacksHK campaign that American Express has launched to help customers get the most out of their memberships, and American Express will continue to provide exceptional customers services while creating more values to back local consumers and businesses.


Through our Global Commercial Services division, American Express offers powerful backing and support that helps companies of all sizes gain financial savings, control and efficiency. We provide a suite of payment and lending products, solutions for travel and everyday business spending, cross-border payments, global currency solutions, and business financing. To learn more about Global Commercial Services, visit

Source: American Express Company

Location: Greater China (Mainland China, Taiwan and Hong Kong)

[1] American Express Gold Business Cardmembers are automatically enrolled into the Membership Rewards Gold Business Program. Subject to the Terms & Conditions of the American Express Membership Rewards Program.

[2] Actual credit-free period will vary based on the date of charges and the billing cycle cut-off date.

[3] No pre-set spending limit does not mean unlimited spending, charges are approved based on Cardmember’s payment history, credit records, spending pattern with American Express and the Cardmember’s current financial resources.

[4] To be calculated in local currency. Welcome offer Terms and Conditions apply.

[5] Asia Miles redemption fee applies.

[6] Terms and conditions apply. Learn more:

[7] Terms and conditions apply. Learn more:

[8] The insurance plan is underwritten by Chubb Insurance Hong Kong Limited, American Express International, Inc. does not act as an agent or fiduciary for you, and American Express International, Inc. may act on behalf of the insurance provider, as permitted by law. Exclusions and limitations apply.

[9] Terms and Conditions apply.

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