American Express Launches Matching Donations Program to Raise Up to $1 Million For Communities Impacted By the Coronavirus Pandemic

American Express (NYSE: AXP) announced on Wednesday it is continuing its support of organizations combatting COVID-19 with the launch of a donation matching program to help feed local communities impacted in the U.S. The credit card giant reported that the program is part of its $5 million commitment to support COVID-19 relief efforts.

American Express reported that when U.S. Consumer, Small Business and Corporate Card Members who are enrolled in the Membership Rewards program use Membership Rewards points towards a donation to Feeding America through JustGiving, American Express will match the dollar amount of each donation – up to $1 million in total donations.

“American Express is dedicated to backing its customers and communities. Over the coming months we plan to provide up to $5 million in various forms of financial support to help fight the spread of COVID-19. This amount includes the company’s previous commitment of $2 million in grants to the International Medical Corps, the CDC Foundation, Feeding America and the COVID-19 Solidarity Response Fund for the World Health Organization; additional grants we expect to make to community organizations; and the Membership Rewards donation matching program announced today.”

American Express then added that the Membership Rewards donation matching program was created out of a strong desire from its Card Members to use Membership Rewards points to support organizations fighting COVID-19.

“We know that together with our Card Members, we can make a difference for organizations providing critical support during this time. We encourage Card Members across the U.S. to join us in our efforts to address the impact of COVID-19.”



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