American Express - Red Card

March 14th, 2006

The American Express red card is part of a Global Economic Initiative aimed at fighting AIDS, tuberculosis and malaria.

How REDmoney works:
Every time you spend you do the (RED) thing. And to keep things super simple the donation that goes to support (RED) is called REDmoney. Here’s how it works: When you spend up to £5,000 in any year, we transfer 1% of that spend to Global Fund-financed programs in Africa which positively impact the lives of women and children affected by HIV/AIDS.

Over £5,000 of spend a year and we increase the REDmoney rate to 1.25% for the amount above the threshold. To get things moving we’ll also give the Global Fund £5 of REDmoney when you use your Card in the first month.

Red Card Features

• No annual fee for life
• Typical 12.9% APR Standard Purchase interest rate
• 5.9% Introductory Balance Transfer rate if you transfer your balance within the first six months
• Global Assist, our 24 hour English language legal and medical helpline
• Travel Accident benefits up to £50,000
• Purchase Protection up to £20,000
• Refund Protection up to £200 per item

Entry Filed under: Credit Cards