Welcoming American Express Card Members into your business generally means welcoming customers with higher spending power.
For starters, they're remarkably high earners as the average monthly personal income of American Express Card Members is 1.6 times higher than non-American Express card holders1 . This means there’s greater potential, as American Express Card Members spend 2.7 times as much on average per month on plastic than other card holders in Singapore1 .
Card Members are also more loyal to American Express, and the Merchants who welcome it. 68% of Card Members are enrolled in a Membership Rewards programme1 with a higher inclination to spend more on the Card, and also actively seek out establishments where the Card is accepted. In fact, 16% of Cardmembers go out of their way to visit establishments that accept American Express1 .
The American Express brand signals security and trust to customers and prospects and supports their confidence to spend more with you; and in saying “yes” to your customers’ preferred form of payment you extend the highest level of service through the point of sale.
So why not apply today to accept American Express Cards, and welcome our Card Members as your future customers. Please complete our short online form and we'll be in touch soon. Alternatively, you can call us on1800-235-6755(Monday – Friday, 9am to 6pm) or email NewMerchant@aexp.com.