AXP Company Statement re: Hilton

Self-published
April 16, 2020
NEW YORK

As Hilton disclosed today, we pre-purchased $1 billion worth of Hilton Honors points toward our co-branded credit card program that we manage together, which we may use for future promotions, rewards and incentive programs for our joint customers. The points pre-purchase program is part of a pre-existing contractual agreement between American Express and Hilton that was negotiated in prior years and already contemplated in our capital and liquidity planning.

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.

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