STOCK TITAN

American Express and Uber Expand Partnership to Introduce New Offerings for Platinum, Gold & Green Card Members

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership
Rhea-AI Summary

American Express (NYSE: AXP) partners with Uber to offer exclusive benefits for U.S. Consumer Platinum, Gold, and Green Card Members, aimed at enhancing at-home dining experiences. Effective immediately, Platinum, Gold, and Green Card Members receive a complimentary Eats Pass Membership for up to 12 months, valued at $119. Additionally, starting next year, Gold Card Members will gain $120 in annual Uber Cash for Uber Eats or rides. These initiatives stem from a shared commitment to meet consumer demands for food delivery, building on existing dining benefits to elevate customer experience.

Positive
  • Complimentary Eats Pass Membership for up to 12 months, valued at $119 for eligible card members.
  • $120 in annual Uber Cash for Gold Card Members, increasing the overall value of card benefits.
Negative
  • None.

NEW YORK--()--American Express (NYSE: AXP) and Uber today announced an exclusive new offer for U.S. Consumer Platinum, Gold and Green Card Members and an Uber Cash benefit for Gold Card Members to bring their next at-home dining experience right to their doorstep and support the local restaurants in their communities.

More than 50% of consumers share that they have been ordering take out or food delivery more often than before the start of the pandemic*. That’s why American Express and Uber have once again teamed up to introduce an exclusive offer and benefit for Card Members looking to bring the restaurant experience home:

  • Starting today, U.S. Consumer Platinum, Gold and Green Card Members have access to a complimentary Eats Pass Membership for up to 12 months. Eats Pass is a monthly subscription through Uber Eats that offers unlimited $0 delivery fee and 5% off restaurant orders over $15 and $0 delivery fee on grocery deliveries over $30 in select markets - a value of up to $119 (typically $9.99/month). Card Members must enroll by December 31, 2021.
  • Starting early next year, The American Express Gold Card will provide Card Members with up to $120 annually ($10/month) in Uber Cash which can be used on Uber Eats orders or Uber rides in the U.S. This builds on the Card’s existing benefits which include 4X Membership Rewards at restaurants worldwide and at U.S. supermarkets on up to $25,000 in eligible purchases per calendar year, 3X Membership Rewards points on eligible airfare, and a $120 (up to $10/month) annual dining credit for spend with select merchants.

“Our Card Members crave food experiences and we’re seeing that they’re continuing to seek out food delivery services to create those special experiences at home, while also beginning to explore local dining destinations again,” stated Rachel Stocks, Executive Vice President, Global Premium Products and Benefits at American Express. “We’re excited to expand our partnership with Uber to provide value to our Card Members who are looking to get even more out of their Membership”

"We're thrilled to expand our partnership with American Express in the United States to offer Card Members a year of free Eats Pass," said Pierre-Dimitri Gore-Coty, Vice President of Delivery at Uber. "This year people everywhere have come to rely on—and look forward to—food delivery, in a new way. These complimentary Eats Pass memberships will bring the best of Uber Eats to the doorsteps of Card Members—from delicious dine-in from local favorites to grocery delivery and more."

These offers build on the existing, popular dining benefits available across U.S. Consumer Platinum, Gold and Green Cards including:

  • $200 in Uber Cash annually that can be used on Uber rides and Eats and automatic Uber VIP status which unlocks exclusive perks, discounts, and giveaways where available for Platinum Card Members
  • 4X Membership Rewards® Points at restaurants, including takeout and delivery, and 4X Membership Rewards Points on U.S. supermarkets on up to $25,000 in eligible purchases per calendar year for Gold Card Members
  • 3X Membership Rewards Points at restaurants worldwide including takeout and delivery for Green Card Members

This new offer and benefit are the latest expansion of the longstanding partnership between American Express and Uber which is focused on delivering unique, exclusive and relevant value to Card Members, especially as their passion for dining and local exploration continue to grow.

See here to learn more: www.americanexpress.com/uber

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 credit cards, travel services, gift cards, prepaid cards, merchant services, Accertify, InAuth, corporate card, business travel, and corporate responsibility.

ABOUT UBER EATS

Uber Eats allows people to discover merchants, order food, groceries, and more at the touch of a button, and have it delivered reliably and quickly. The business leverages Uber’s technology and logistics expertise to partner with 500,000 merchants in 6,000+ cities globally, while keeping average delivery time under 30 minutes.

*Methodology

This poll was conducted online between September 17-September 18, 2020 among a national sample of 2000 Adults with a household income of $70,000 or greater, and that traveled by plane at least once in 2019.

Contacts

AMERICAN EXPRESS
Yasamin Haghshenas
Yasamin.Haghshenas@aexp.com

UBER EATS
Lexi Levin Mitchel
lexilevin@uber.com

FAQ

What benefits do American Express cardholders receive from the new partnership with Uber?

American Express cardholders will receive a complimentary Eats Pass Membership for up to 12 months and Gold Card Members will get $120 in annual Uber Cash.

When does the new Eats Pass Membership for American Express cardholders start?

The Eats Pass Membership is available immediately for eligible American Express cardholders.

What is the value of the Eats Pass Membership offered by American Express?

The Eats Pass Membership is valued at $119, providing unlimited $0 delivery fees on orders over $15.

What is the purpose of the collaboration between American Express and Uber?

The collaboration aims to enhance at-home dining experiences while supporting local restaurants in the community.

Which American Express cardholders are eligible for the new Uber benefits?

U.S. Consumer Platinum, Gold, and Green Card Members are eligible for the new Uber benefits.

American Express Company

NYSE:AXP

AXP Rankings

AXP Latest News

AXP Stock Data

213.77B
551.79M
21.64%
64.43%
1.27%
Credit Services
Finance Services
Link
United States of America
NEW YORK