24 February 2018
Visit www.avoka.com

American Express offers cashback rewards on prepaid debit account

19 August 2015  |  1807 views  |  0 Source: American Express

Available today, American Express (AXP) announced Serve Cash Back, a new prepaid debit Account option that will earn Accountholders 1% cash back on purchases.

Consumers who spend in line with the 2012 - 2013 U.S. Department of Labor national averages for gas, groceries, dining out, clothing, transportation and entertainment using the Serve Cash Back Card could potentially earn more than $400 annually2 when earning 1% cash back.

“We know consumers are looking to stretch their budgets and get more from every dollar they spend,” said Stefan Happ, Chief Commercial Officer, Enterprise Growth, American Express. “With the American Express Serve Cash Back Card, we are defining a new standard in the prepaid industry and rewarding our customers where they’re already spending - on everyday items such as gas, groceries and clothing.”

Earning cash back will help customers put money aside towards future purchases. After earning cash back, customers will be able to log in to their Serve Account, view how much cash back they’ve earned, and elect to redeem that amount on their next purchase.

In addition to the 1% cash back benefit, customers will enjoy features of the flagship Serve product, including:

Free Direct Deposit and the newly added ability to get your paycheck up to two days before payday3
Free online bill pay
Free withdrawals at over 24,000 MoneyPass® ATMs4
American Express world-class 24/7 service
Fraud Protection
Access to Amex Offers (exclusive discounts from popular merchants)

The Serve Cash Back monthly fee is $5.95. There is no credit check, no hidden fees and no minimum balance.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.ebaday.comvisit www.swift.com/your-needs/instant-paymentsVisit http://info.nice.com

Top topics

Most viewed Most shared
Ripple makes new connections to emerging marketsRipple makes new connections to emerging m...
11846 views comments | 16 tweets | 10 linkedin
hands typing furiouslySome Interesting Applications Of The Inter...
10337 views 3 | 9 tweets | 1 linkedin
Basel Committee outlines disruptive fintech scenariosBasel Committee outlines disruptive fintec...
8602 views comments | 15 tweets | 26 linkedin
Investment Association sets up fintech accelerator for asset managersInvestment Association sets up fintech acc...
8123 views comments | 19 tweets | 10 linkedin
R3 creates Legal Centre of Excellence for blockchain technolgyR3 creates Legal Centre of Excellence for...
7798 views comments | 10 tweets | 14 linkedin

Featured job

Basic c. EUR 90K OTE c. EUR 180K plus full bene...
Paris (preferred) or London

Find your next job