American Express Corporate Meeting Card

The American Express Corporate Meeting Card is a straightforward corporate card provided by American Express, tailored to assist businesses in effectively handling meeting and event expenditures. Specifically designed for corporate use, this card enhances visibility and oversight of all meeting-related costs. It serves as a versatile tool for planning and covering various types of gatherings, including conference meetings, association meetings, conventions, business and executive meetings, and more.

Key Highlights of American Express Corporate Meeting Card

  1. Monitor and record all meeting expenses to enhance visibility.
  2. Enhance adherence to supplier policies.
  3. Reduce reliance on paperwork, leading to savings in both costs and time.
  4. Ensure timely payments to vendors and suppliers.

Features and Benefits of American Express Corporate Meeting Card

The American Express Corporate Meeting Card offers several features and benefits:

Managing Meeting Expenses with American Express Corporate Meeting Card:

  1. Expense Tracking: The card facilitates comprehensive tracking of meeting and event expenses, providing a detailed record for corporates.
  2. Policy Compliance: Enhance policy compliance with suppliers, reducing complications and ensuring smoother expense management.
  3. Systemized Control: Implementing systematic control prevents difficulties in tracking payment channels, especially when payments are traditionally made via checks.
  4. Cost and Time Efficiency: By reducing reliance on checks, the card minimizes costs and time efforts associated with corporate payments.
  5. Flexibility in Payments: The card offers flexibility by enabling prompt payments to vendors, streamlining financial transactions for corporates.

Zero Liability Protection:

  1. Fraudulent Transaction Safeguard: Cardmembers are shielded from liability for fraudulent transactions if the card loss is reported within 3 working days.
  2. Limited Liability: In the event of delayed reporting, the cardmember’s liability is capped at Rs. 1,000, providing financial security in case of unauthorized card usage.

American Express Corporate Meeting Card Fees and Charges

Explore the fee structure for the American Express Corporate Meeting Card and discover the financial advantages that come with it.

1. Joining Fee and Annual Fees:

  • No Joining Fees for the American Express Corporate Meeting Card.
  • The Renewal/Annual fee for the card is Rs. 2,100.

2. Late Payment Fee:

  • The American Express Corporate Meeting Card, being a charge card, incurs a delinquency fee.
  • The delinquency fee is 3.5% of the outstanding amount, with a minimum charge of ₹100 per transaction.

3. Forex Mark-up Fee:

  • A foreign currency fee of 3.5% (plus applicable taxes) is applied to all foreign currency transactions using the American Express Corporate Meeting Card.

4. Cash Advance Charges:

  • Cash advance transactions on the American Express Corporate Meeting Card are subject to a charge of 3.5% of the withdrawn amount.

Eligibility Criteria for American Express Corporate Meeting Card

Here are essential criteria for applying for an American Express Corporate Meeting Card:

  1. Applicants must be at least 21 years old.
  2. Ownership of a business with a consistent income is a requirement.

Documents Required for American Express Corporate Meeting Card

To apply for the American Express Corporate Meeting Card, you will typically need to provide the following documents:

  1. PAN Card or FORM 60 is a primary identification document.
  2. Passport and Driving License are valid proofs of identity.
  3. Voter’s Identity Card serves as an official identification document.
  4. A Job card issued by NREGA, signed by a state government officer, is acceptable.
  5. A Letter from the National Population Register with name and address details is a valid proof.

How To Apply for American Express Corporate Meeting Card?

Follow these steps to apply for the American Express Corporate Meeting Card:

  1. American Express Bank offers both online and offline channels for customers to apply for the AmEx Corporate Meeting Card.
  2. Offline application: Visit the nearest AmEx branch and complete a physical application form, ensuring you bring all required documents.
  3. Online application: Access the official American Express Bank website, where you can fill out the digital application form for the AmEx Corporate Meeting Card.
  4. An alternative online method is to apply by contacting customer care.

Frequently Asked Questions (FAQs)

1. What is the American Express Corporate Meeting Card?

The American Express Corporate Meeting Card is a specialized card designed for businesses to manage expenses related to corporate meetings, events, and business gatherings.

2. How can I apply for the AmEx Corporate Meeting Card?

You can apply for the card either offline by visiting a nearby AmEx branch and filling out a physical application form, or online by visiting the official American Express Bank website and completing the digital application form.

3. What documents do I need to provide when applying offline?

When applying offline, ensure you bring all necessary documents as per the bank’s requirements. These may include identification documents, business proof, and any other documents specified by American Express.

4. Can I apply for the AmEx Corporate Meeting Card online?

Yes, you can apply online by visiting the official American Express Bank website and filling out the digital application form.

5. Is there an option to apply for the card through customer care?

Yes, you can also apply for the AmEx Corporate Meeting Card by contacting customer care.

6. What are the key features of the American Express Corporate Meeting Card?

The card is tailored for corporate expenses related to meetings and events, offering features such as expense tracking, reporting tools, and potentially exclusive benefits for business users.

7. How long does it take for the card application to be processed?

The processing time may vary, and it’s advisable to check with American Express for specific details. Typically, the processing time includes verification of documents and approval procedures.

8. What are the eligibility criteria for the AmEx Corporate Meeting Card?

Eligibility criteria may include factors such as the business’s financial standing, credit history, and other relevant parameters. Specific requirements can be obtained from American Express.

9. Are there any annual fees associated with the AmEx Corporate Meeting Card?

Information about fees, including annual fees and any other charges, can be obtained from the bank. These details are often outlined in the terms and conditions.

10. How can I manage and track expenses with the AmEx Corporate Meeting Card?

The card typically offers tools and features for expense management and tracking. Users may have access to online account management systems and reporting tools to monitor and control expenses.