Cebu, 09 July 2015 – BDO and American Express formally launched the American Express Cashback Credit Card. Exclusively issued by BDO in the Philippines, the American Express Cashback Credit Card gives its Cardmembers simple and straightforward features – cash rebates for every purchase, whether local or overseas.

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“Being able to save on expenses is a priority of Filipino consumers,” says Ma. Nannette R. Regala, BDO Senior Vice President and Consumer Lending Group Marketing Head, “and this is precisely why we decided to make available in the market a credit card that provides outright cash rebates – with no minimum spend and no limit on amount of cashback that Cardmembers can earn.”

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Made for the price-conscious consumers.

The American Express Cashback Credit Card will prove to be the ideal card to pay for everyday expenses, as well as big ticket items. It is different fromother cashback products in the market as its Cardmembers’ cashback rewards are automatically credited to their accounts, no matter how much value of the purchase is.

American Express Cashback Credit Cardmembers will earn 1% cashback on all local purchases and 2% cashback on every overseas purchase. As an introductory offer, Cardmembers will enjoy a special 5% cashback rate (Terms and Conditions Apply) for purchase made locally and overseas until August 31, 2015.

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According to Sanjiv Malhorta, Vice President of Business Development, Bank Partners, Partner Card Services Asia at American Express, ” American Express is committed to helping our cardmembers enjoy life with our world class services and product benefits. Once again, we’re glad to be working with out partner BDO for the new American Express Cashback Credit Card. This card will enable more people in the Philippines to gain access to our competitive benefits through the global merchant network American Express offers. ”

Apart from the cashback feature, the American Express Cashback Credit Card will carry with it a range of exclusive benefits and privileges that American Express is known for.

To find out more about the American Express Cashback Credit Card, visit www.americanexpress.com.ph or call the 24-hour BDO Customer Contact Center at 631-8000 / 1-800-10-6318000 (Domestic Toll-Free).