American Express OPEN® Enhances Small Business Savings Program with FedEx Freight
MEMPHIS, Tenn., June 30, 2011—American Express OPEN and FedEx Corp. (NYSE: FDX) will now offer the OPEN Savings® program to FedEx Freight customers using their AMEX OPEN card for payment of LTL (less-than-truckload) shipping services.
Cardmembers will now save 5% on FedEx Freight shipping services. FedEx customers also can continue to save 5% on FedEx Express and FedEx Ground shipments and on select FedEx Office print and businesses services when using their AMEX OPEN card for payment.
FedEx and American Express have worked together since 1998 to provide discounts and a single resource for shipping, office products and print services to small businesses.
“Small businesses are savvy and they are constantly looking for ways to improve their bottom line,” said Laurie Tucker, FedEx senior vice president of corporate marketing. “The expansion of our shipping offering will now allow AMEX OPEN cardmembers to save on crucial FedEx Freight shipments.”
OPEN Savings gives small business owners automatic savings virtually every time they use an American Express® Business Card to make purchases at any OPEN Savings partner. Cardmembers are able to apply their OPEN Savings on top of any other partner sales, discounts or promotions.
OPEN Savings has delivered more than $425 million in savings to American Express Business Cardmembers since 2004. The small business savings program eliminates the need for offer codes, coupons or program enrollment and provides automatic savings from well-known brands. Savings can also be combined with other marketplace offers or volume discount pricing that businesses may already be receiving from program partners.
OPEN Savings is a benefit embedded within all American Express® Business Cards. American Express OPEN Cardmembers simply need to use their credit or charge card for purchases with any OPEN Savings partner to take advantage of discounts. The savings automatically appear on the Cardmember’s monthly statement and can be tracked at www.opensavings.com. OPEN Savings discounts are calculated on the full transaction amount, including any taxes and surcharges. Terms and conditions apply.*
About American Express OPEN
American Express OPEN is the leading payment card issuer for small businesses in the United States and supports business owners with products and services to help them run and grow their businesses. This includes business charge and credit cards that deliver purchasing power, flexibility, rewards, savings on business services from an expanded lineup of partners and online tools and services designed to help improve profitability. Learn more at www.OPEN.com and connect with us at openforum.com and twitter.com/openforum.
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 www.americanexpress.com and connect with us on www.facebook.com/americanexpress, www.twitter.com/americanexpress and www.youtube.com/americanexpress.
*OPEN Savings®: Savings range from 3-10%. Payment must be made with an American Express® Business Card at the time of purchase. Savings will be credited to your account. If purchases that received the OPEN Savings discount are refunded, the OPEN Savings discount will be reversed and debited from your account. Participation and offers are subject to change without notice. For full partner terms and conditions, visit opensavings.com.
About FedEx Freight
With corporate offices in Memphis, Tenn., the FedEx Freight Segment includes FedEx Freight, a leading U.S. provider of LTL freight services; FedEx Freight Canada, an LTL operating company serving most points in Canada; and FedEx Custom Critical, North America’s largest time-specific, critical shipment carrier. For more information, visit fedex.com.
About FedEx Corp.
FedEx Corp. (NYSE: FDX) provides customers and businesses worldwide with a broad portfolio of transportation, e-commerce and business services. With annual revenues of $39 billion, the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world’s most admired and trusted employers, FedEx inspires its more than 290,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities. For more information, visit news.fedex.com.