- AMEX Bank of Canada
AMEX Bank of Canada is a unit of American Express Canada (AMEX Canada) and is owned by
American Express of the United States. It is a provider of account products and various credit card services. American Express Canada was founded in 1853 inToronto , however it currently has its headquarters of 3,000 employees inMarkham, Ontario , as well as an office in Hamilton.The company began operations as a bank on
1 July ,1990 following anorder-in-council made by theBrian Mulroney government on21 November ,1988 . This decision was not without controversy as federal banking policy at the time would not ordinarily have permitted American Express to operate as a bank. [Newman, Peter C. (July 30, 1990). "The brash new kid on the block. (American Express Co. opens Amex Bank of Canada amid controversy)"(column). "Maclean's", July 30, 1990 v103 n31 p33(1)]ervices
Products offered by the bank include:
Credit card s:
* Gold Cash Rebate Credit Card
* Platinum Credit Card
*Costco Platinum Cash Rebate Card
*AirMiles Card
* AirMiles Platinum Card
*Holt Renfrew Card
* Blue Sky CardCharge card s:
*Aeroplan Plus Card
* AeroplanPlus Gold Card
* AeroplanPlus Platinum Card
* Green Card
* Gold Card
* Platinum Card
* Holt Renfrew Platinum CardCorporate card s:
* Corporate Card
* Business Card
* AeroplanPlus Corporate Card
* AirMiles Gold Business Card
* Costco Corporate Card
* Corporate Purchasing CardOther:
* Investment Savings Account
* RSP Investment Savings Account
* Business Investment Savings Account
* Term Loans
*Private Banking
* Certified Cheques
* Travellers Cheques
* RSP
*Insurance Membership Rewards
Membership Rewards offers an assortment of choice to redeem. The program consists of a range of rewards, including merchandise, fine dining rewards and travel certificates which can be used to book travel. [http://www99.americanexpress.com/myca/loyalty/catalog/action?request_type=un_intlCatalog&action=ParticipantsSearch&Face=en_CA]
Earn one point for virtually every dollar you spend on your Card while Platinum Card or the Holt Renfrew Platinum Card members earn 1.25 points on virtually every dollar spent on your card [http://www10.americanexpress.com/sif/cda/page/0,1641,13474,00.asp]
Membership
AMEX Bank of Canada is a member of the
Canadian Bankers Association (CBA) and is a registered member of theCanada Deposit Insurance Corporation (CDIC), a federal agency insuring deposits at all of Canada's chartered banks. It is also a member of:*
Aeroplan Rewards
*Air Miles References
External links
* [http://www.americanexpress.ca AMEX Bank of Canada Official site]
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