Solutions for Expense Management 

Terms & Conditions

^®: Used by Amex Bank of Canada under license from American Express 

1. DPO Extension: 30+ days of float extension depends on billing cycle, date of purchase, and date of payment.
   
   
2. Membership Rewards: Earn one point for virtually every dollar charged on eligible, enrolled American Express® Corporate Cards. In the case of a Corporate Card, participation in the Membership Rewards program is subject to the approval of the Company or other entity in whose name the Corporate Card account is opened. In order to participate and before any points can be earned, the Cardmember must first enrol in the program (except for the American Express Corporate Platinum Card which, if Company approval is given, is automatically enrolled in the Program). The Company or other entity may also cancel participation in the Program at any time. Rewards are subject to availability and restrictions may apply as to when the reward can be redeemed. Amex Bank of Canada reserves the right to terminate the program with three (3) months prior notice. Interest charges, annual fees, other fees, and cash equivalent transactions are not purchases and do not qualify for Membership Rewards points. Redeemed rewards are not refundable, exchangeable, replaceable, or transferable for cash or credit. Amex Bank of Canada reserves the right to change the Program Terms and Conditions, including without limitation assignment and reassignment of tiers and associated rights, at any time without notice. To cancel enrolment in the Membership Rewards program at any time, please call 1-800-716-6661. Please visit www.membershiprewards.ca or call 1-800-716-6661 for more information, for current annual fees, or for full Membership Rewards Terms and Conditions.
   
   
3. As a Charge Card, the balance must always be paid in full each month in which no interest charges will apply. The interest-free grace period is 28, 29, 30 or 31 days from the closing date of the current statement to the closing date of the next statement depending on the number of days in the calendar month in which the closing date occurs. The number of interest-free days varies based on a variety of factors, including when charges are posted to your account, whether your account is in good standing, and the closing date of your statement.
   
   
4. No Pre-Set Spending Limit on purchases does not mean unlimited spending. Your purchases are approved based on a variety of factors, including your credit history, account history, and personal resources. Proof of resources and security may be required