Under the terms of this agreement, Bank of China will issue the Bank of China Private Bank American Express Card – Bank of China’s first credit card designed for its private banking customers.
According to American Express, the new card offers VIP banking services, access to premium golf courses, fast-track service through immigration and security at select airports and unlimited access to lounges in major airports around the world.
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Cardmembers can also avail special benefits and privileges across an array of hotels through the American Express Entre program, as well as offers from merchants around the world through American Express Selects.
In addition, the card provides access to a 24-hour concierge service, comprehensive overseas relocation services and healthcare and wellness services provided by Raffles Medical Group. The card also provides dual currency functionality, with two accounts in RMB and US dollars, respectively, American Express added.
"The launch of the Bank of China Private Bank American Express Card represents an important opportunity to further expand the reach of our brand and offer world-class benefits and services to the growing number of affluent consumers in China," said Dave Keung, vice president and group general manager, American Express Global Network and Merchant Services, American Express.
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