OPEN: The Small Business Network from American Express announced the launch of a new and unmatched savings program that provides small business owners withcombinable and trackable savings on business purchases from partners including AT&T (NYSE: T), FedEx(R) (NYSE: FDX), Hertz(R), Staples(R) (Nasdaq: SPLS) and others when they use their American Express(R) Business Cards.
Unlike other small business credit card savings programs, OPENSavings(SM) eliminates the need for offer codes, coupons or program enrollment and provides automatic savings to business owners. In addition, the savings provided by the new program are combinable with other marketplace offers or volume discount pricing that an individual business may already receive from program partners.
OPEN Savings program partners and discounts include:
* AT&T – Save 5% on all small business long distance and local calling plans
* FedEx(R) – Save 5% on select FedEx Express and FedEx Ground services
* Hertz – Save 5% on car rentals
* Staples(R) – Save 2% on all purchases
* 1-800-FLOWERS.COM(R) – Save 15% on everything, including flowers, chocolates gift baskets, and more
* USA TODAY – Save 10% on all subscriptions
* ExpensAble – Save 25% on expense management software
“Our customers told us that they want easy-to-redeem savings atindustry- leading companies that can be combined with other offers or discounts and tracked on an ongoing basis, and OPEN Savings delivers just that,” said Ed Vittoria, vice president, OPEN: The Small Business Network from American Express. “By upgrading our technology capabilities and working with a great set of partners, we’ve been able to create a program that raises the bar for business savings programs and further establishes the OPEN Network’s leadership in meeting the needs of small businesses.”
When American Express Business Cardmembers use their Cards at program partners, they will now be able to track their OPEN Savings on their monthly statements or when they view their accounts online. OPEN Savings discountsare calculated on the full transaction amount, including any taxes andsurcharges. Terms and conditions apply. For complete information, visit OPEN.americanexpress.com/savings.
About OPEN: The Small Business Network from American Express
OPEN: The Small Business Network is a division of American Express that offers small business owners a wide range of tools, services and savings designed to meet their evolving needs, including charge and credit cards, convenient access to working capital and credit information, enhanced online account management capabilities and enhanced savings on everyday business expenses from industry-leading partners. To obtain more information aboutthe OPEN Network, visit OPEN.americanexpress.com or call 1-800-NOW-OPEN to apply for a Card or loan.
American Express Company is a diversified worldwide travel, financialand network services company founded in 1850. It is a world leader in chargeand credit cards, Travelers Cheques, travel, financial planning, business services, insurance and international banking.