Voted as one of the top-notch companies in the world, American Express Canada has established its roots in the industry since 1850. Started off as a postal and goods delivery service company American Express has come a very long way since then. They have always taken the advantage of every situation in broadening their horizon in terms of business. The factors that led to its establishment were the failure of the U.S. Postal Department. The lack of commitment by U.S. Postal led to a great business opportunity to American Express. They exploited the idea of shipping valuable parcels and goods like cash, merchandise, jewellery etc. across the continent. The past had helped American Express Canada or AmEx as it known sometimes to build up a reputation that is hard to break.
Inevitable Expansion
During the turn of the century, American Express Canada realized the profits in the financial service area and turned towards this venture to ripe the benefits of the changing economy. Expanding its business with interchanging financial bases American Express expanded its services via credit cards, charge cards, debit cards, travel cheques etc.
There are various kinds of services offered by American Express Canada in order to help its customers need their financial requirements. The introduction of Centurion Cards, Blue Cards, Travel Cheque Cards etc. were useful in creating a niche audience for them. Very recently in 2007, American Express has launched another such card called the Plum Card.
Plum Card Mania
A Plum Card is a type of a charge card i.e. it provides its customers an alternative mode of payment to cash whenever they buy something. Issued by American Express’ OPEN for smaller business subsidiaries it was in the beginning started off as an experiment project. American Express in Canada issued only ten thousand Plum Cards initially but looking at the success rate of some of its small business divisions such as Pink berry was motivated them to issue more Plum Cards in the future. In 2008, its global customers demanded more Plum Cards that eventually issued on their request.
Ripe the benefits of Plum Card
The Plum Card offers many rewards to its existing brigade of customers by providing:
- 1. 5 per cent discount if the customer pays within ten days of the closing date.
- Facility of block payment that let you pays only 10 per cent of the advanced balance by the initial amount by the please-pay-by date and the rest before the last please-pay-by date.
- Facility of getting another fees free Plum Card for a nominal amount of 45 USD.
- Get trade terms on everything possible
- No restriction on spending limit
- OPEN savings lets you get amazing discounts from firms that are associated with American Express in Canada
- 24/7 customer helpline
- Protects your business against emergencies
- Car rental loss and damage insurance
- Gives you Card Baggage Insurance Plan
- Facility of Identity Theft Assistance
- You can get an Emergency Card Replacement if case of a loss.
Share your experiences
American Express Canada in the year 2008 launched a world platform for its card members. The establishment of the Advisory board of Plum Card now let its members to share their experiences, file complaints, creative ideas, and communicate with fellow cardholders of the Plum Card.
Companies like Pure Apt, Tom Glass, Aixen Inc., Yerba Beuna etc. are some of the businesses that have benefited with the use of Plum Cards. A Plum Card is an asset for small business houses where the inflow of cash is regular. It always helps to get some discounts on your payments. The Plum Card designed for business ventures where the cash flow is between 6 to 7 digit figure limit.
If you are an owner of a successfully running business division and do not have a Plum Card then this is the best time to apply for one. It will help you in managing your expanses and controlling your finances. Gift your business a new position of autonomy.
Additional Benefits
The Plum card also lets you choose the date of payment that is comfortable for each customer. You can choose a date that is flexible for you for making the payment. In addition, get automatic statement credits on every Plum Card. Purchase confidentially is another feature of Plum Card that is very attractive to the business houses. It gives you protection in areas like:
- Purchase Protection
- Return protection
- Extended Warranty
- Dispute Resolution
If you are, a cardholder then it will entitle you to get discounts and offers from companies like FedEx, Epson, Carey, Barnes & Nobles, and Hyatt etc.
The American Express in Canada Plum Card is a perfect tool for your business development and growth. You will never regret buying a Plum Card in your life instead it will be the best decision ever.
American Express Canada