American Express has a long history of community giving and has contributed more than $1 billion to charitable causes around the world since 1954. We enable our Card Members to do the same - over the last decade, Card Members have contributed more than $110M to charities through donations using American Express Membership Rewards®[1] points. This effort expands the ways Card Members can give back using their American Express Cards.
According to Amex Trendex[2], giving back is a high priority for consumers with 79% of survey respondents feeling that it is important to support and donate to local charities, and 59% preferring to shop with brands that are socially conscious. During the initial 12-month pilot, select U.S. American Express Card Members can choose from nearly two million charities to direct their support, including those that align with American Express’ Environmental, Social and Governance strategy to promote diversity, equity and inclusion, build financial confidence and advance climate solutions.
“Amex Card Members have expressed wanting simple ways to make charitable contributions with their dollars and have always prioritized giving back, so we’re extremely excited to pilot the Amex Round-Up feature in partnership with Philanthropi,” said Lisa Yokoyama, Vice President and Head of Product for Amex Digital Labs. "We believe the Amex Round-Up program has the power to drive significant contributions to the charities our customers care about.”
To develop Amex Round-Up, American Express teamed up with Philanthropi, a portfolio company of Amex Ventures that is focused on leading the next generation of philanthropy through its innovative Giving as a Service™ platform, which democratizes giving for everyone. While donor advised funds have generally been available only to high net worth individuals, Philanthropi’s platform enables anyone to make giving a part of their daily lives and they recently expanded their platform for all consumers.
“Everyday givers are what drive the philanthropic ecosystem. Providing them with easy ways to give back is integral to helping them amplify their impact as well as sustain charitable giving over time. The new Amex Round-Up program is designed to do just that,” said Keith Leaphart, Founder & CEO, Philanthropi. “We are proud to collaborate with American Express on this initiative and are looking forward to what the future holds.”
American Express is currently piloting the Amex Round-Up Program by invitation to a select number of American Express Card Members in the United States and its territories. During the pilot, only Primary Card Members will be eligible to enroll in Amex Round-Up.
Card Members can see if they are eligible to enroll and can learn more about how to give back with Amex Round-Up and read full terms: https://www.americanexpress.com/en-us/banking/round-up/terms-of-service/
ABOUT AMERICAN EXPRESS
American Express is a globally integrated payments 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, instagram.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.
Key links to products, services and corporate responsibility information: personal cards, business cards, travel services, gift cards, prepaid cards, merchant services, Accertify, Kabbage, Resy, corporate card, business travel, diversity and inclusion, corporate responsibility and Environmental, Social, and Governance reports.
ABOUT PHILANTHROPI
Philanthropi is leading the next generation of philanthropy through its innovative giving platform, which democratizes giving for everyone and amplifies its impact. By partnering with financial institutions, employers, universities, and non-profit organizations, Philanthropi fosters new levels of engagement and empowers everyday donors to support their favorite non-profit organizations with the click of a button. Tapping into the largest donor segment – the everyday philanthropist – Philanthropi unlocks the potential of the charitable ecosystem. For more information, visit www.philanthropi.com
MEDIA CONTACTS
Jacara Jenkins
jacara.jenkins@aexp.com
[1] Terms and Conditions for the Membership Rewards® program apply. Visit membershiprewards.com/terms for more information. Participating partners and available rewards are subject to change without notice. The value of Membership Rewards points varies according to how you choose to use them. To learn more, go to www.membershiprewards.com/pointsinfo.
[2] This poll was conducted between May 31- June 2, 2022 among a sample of 2000 Adults with an HHI >70k+. The interviews were conducted online. Results from the full survey have a margin of error of plus or minus 2 percentage points.