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American Express announced the launch of the American Express Explorer Credit Card The Explorer Card a new product to meet the changing needs of customers in Hong Kong today and in the future.The Explorer Card offers members a variety of lifestyle privileges along with the ability to earn 5X Membership Rewards points when they spend at selected popular online merchants food delivery services and home entertainment platform. Importantly as the world gets back to travelling again the product allows customers to redeem air miles and hotel stays and gives airport lounge access as well as other premium travel benefits backed by American Express. There is no set limit on the amount of rewards customers can earn.Susanna Lee Managing Director Hong Kong and Taiwan and General Manager Insurance Asia American Express said As consumers adapt to the new normal in their lives they are switching to online purchases and digitized services. We are launching this product to help them make the most out of their spending whether online or in physical locations at home or abroad. This is a product that will give them what they need today while getting them ready for the next adventure they have been longing for.The American Express Explorer Credit Card takes on the iconic classic American Express card design glazed with a space blue tone preserving the brands expression for sophistication and quality while projecting a sense of positive change for the future.Key card benefits and rewards includeThe ability to earn rich rewards with no expiration and no points limits3X Membership Rewards points for every HK1 spent HK5 1 Mile1 on eligible local transaction.5X Membership Rewards points for every eligible HK1 spent online HK3 1 Mile1 on selected e-commerce platforms food delivery services and home entertainment platform2.3.75X Membership Rewards points for every HK1 equivalent spent in eligible foreign currencies HK4 1 Mile1.Attractive and flexible rewardsPay with Points Cardmembers can choose to offset purchases or items on their Card statement using points they have earned. This is equivalent to 1 cash back for eligible local spending 1.25 cash back for eligible foreign currencies spending and 1.67 cash back for eligible spending at selected online and travel merchants.Flexible redemption of miles and hotel points With no administration fee Cardmembers can transfer their points to 10 airlines and 2 hotel loyalty programs giving Cardmembers a seamless and flexible redemption experience. For more details please visit americanexpress.com.hkAirMiles.Premium rewards - Cardmembers can also redeem from a wide collection of more than 150 rewards including gift cards and premium merchandise such as dining vouchers home electronics and kitchenware.Make your next adventure more rewarding5X Membership Rewards points for every eligible HK1 spent HK3 1 Mile1 on all American Express accepted airlines and selected popular online travel portals2 with no maximum limitComplimentary access to Plaza Premium Lounge for Basic and Supplementary Cardmembers for a total of 10 times per year.To celebrate the launch of the American Express Explorer Credit Card American Express will waive the first-year annual fee in addition to exciting welcome offers worth up to HK4200 for successful applications from now until May 31 2021. Terms and conditions apply.For more details about the American Express Explorer Credit Card please visit explorenow.com.hk or scan the QR code to learn more.1 Conversion rate as of February 20212 For further details of participating merchants please visit httpsamex.co2LBpfdN.