More Rewards in Store for Navy Federal Members with New American Express Card
May 09 2017 - 12:05PM
Business Wire
World’s largest credit union and American
Express partner to launch everyday rewards credit card
Navy Federal Credit Union and American Express (NYSE: AXP)
announced today a new partnership that will result in a new rewards
credit card for Navy Federal members: the Navy Federal More Rewards
American Express® Card. This new credit card will be accepted on
the American Express network and will be available Fall 2017.
“The More Rewards Card enhances our rewards card program
overall,” said Matt Freeman, head of credit card products at Navy
Federal Credit Union. “And, at the same time, we’re bringing real
value to our members for the way they shop every day.”
Freeman explained the More Rewards Card will reward members for
the everyday purchases they make most. The targeted launch date is
in the fall, in time for members to earn rewards during the holiday
shopping season.
“Navy Federal Credit Union is an outstanding organization, and
one that shares our incredibly strong commitment to delivering
exceptional customer value,” said Tessa Dooley, director of
marketing and product development, Global Network Partnerships,
North America, American Express. “We look forward to working
closely with them to deliver compelling benefits, rewards and
services to their very important members.”
When the Card is launched, Navy Federal members will be able to
apply online, by calling the 24/7 contact center, or by visiting
any of its 298 branch locations. The Card will be serviced by Navy
Federal and accepted on the American Express global merchant
network.
“With a simple, easy-to-understand rewards programs and superior
service, this Card is an excellent complement to our host of
rewards cards,” continued Freeman.
Navy Federal has ranked the highest for credit unions in
customer service polls, including Forrester’s US Customer
Experience Index and the American Customer Satisfaction Index
(ASCI). Freeman said members would get that exact same service with
this card and all of their cards.
About Navy Federal Credit Union: Navy Federal Credit
Union is the world’s largest credit union with more than $81
billion in assets, 7 million members, 298 branches and a workforce
of over 14,000 employees worldwide. The credit union serves all
Department of Defense and Coast Guard active duty, veterans,
civilian and contractor personnel and their families. For
additional information about Navy Federal, visit
www.navyfederal.org.
About American Express: American Express is a global
services 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.
Since 1997, American Express has partnered with a select group
of leading banks and financial institutions around the world to
issue American Express-branded products and acquire merchants onto
the American Express merchant network. By leveraging its
partnerships, global infrastructure and the powerful appeal of the
brand, American Express has gained even broader reach for its
network worldwide.
Federally insured by NCUA. Equal Opportunity Employer.
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version on businesswire.com: http://www.businesswire.com/news/home/20170509005091/en/
Navy Federal Credit UnionBrian K. ParkerCorporate
Communications703-206-1588brian_k_parker@navyfederal.orgorAmerican
ExpressKeri BusterCorporate
Communications212-640-6193keri.k.buster@aexp.com
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