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FINANCIAL SERVICES | Tony Chua, Hong Kong
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American Express and Groupon Hong Kong join forces

Collaboration between companies in Hong Kong enables new ways for consumers to take advantage of rewards points.

American Express and Groupon Hong Kong announced that the two companies are partnering to bring amazing benefits and rewards to consumers in Hong Kong. Beginning August 18, American Express Cardmember can redeem Groupon cash voucher at a savings of 60%. Customers who use their American Express card when transacting on the Groupon Hong Kong website are also eligible to win one million reward points.

The collaboration sets a major milestone for both American Express and Groupon Hong Kong. Groupon Hong Kong has become the first Membership Rewards partner of American Express from the online group-buying category, adding a new dimension to the American Express Membership Rewards program and offering American Express Cardmembers broader choice in their rewards selection.

The collaboration kicks off on August 18 with the "8 Million Membership Rewards Points Lucky Draw". With each transaction of any spending amount on www.groupon.hk made with eligible American Express Cards during the promotion period of August 18 to September 30, Cardmember will receive one entry into the lucky draw for a chance to be one of eight winners of one million MR points. The more transactions made, the higher the chance to win. Details of the "8 Million Membership Rewards Points Lucky Draw" are available at www.groupon.hk.

From August 18 to September 30, American Express Cardmembers redeeming a HK$100 Groupon cash voucher with 30,000 MR points will enjoy a total rebate of 18,000 MR points. This promotion equals a remarkable 60% savings on the redemption. For details on the redemption offer, please log on to www.americanexpress.com/hk/en/emr/.

"We are thrilled to make our first-ever collaboration in the online group-buying space with a global brand like Groupon, and have them as our Membership Rewards partner in Hong Kong," said Mr. Y C Koh, Chief Executive Officer, Greater China & Southeast Asia, American Express. "This will enable us to bring additional value to our Cardmembers, broadening their choices and enhancing their experience with American Express. I am very excited about this collaboration and it is indeed a win for American Express, Groupon and our Cardmembers."

"The collaboration highlights our unwavering commitment to enriching the online group-buying experiences for our customers in Hong Kong," added Mr. Danny Yeung, Chief Executive Officer, Groupon Hong Kong. "Now, American Express Cardmembers can connect with the best local deals in Hong Kong with the bonus of earning even more group-buying power."

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