American Express and Best Buy Team Up to Enable Card Members to Use Membership Rewards Points on BestBuy.com

‘Pay With Points’ On BestBuy.com for Delivery or Same-Day In-Store Pick Up at Best Buy Locations Nationwide

American Express (NYSE:AXP) and Best Buy today announce the launch of a new e-commerce technology integration that enables U.S. Card Members enrolled in the Membership Rewards® program to seamlessly use their points for online purchases on BestBuy.com. Starting today, Card Members can use their Membership Rewards points for all or part of each online purchase and either pick it up in one of Best Buy’s stores or have it delivered to their door.

“Our Card Members love shopping at Best Buy and we wanted to provide them with more value, choice and flexibility each time they check out,” said Leslie Berland, executive vice president, Global Brand, Marketing & Digital Partnerships at American Express. “We worked closely with Best Buy to integrate this seamless experience that further enhances the utility of our world-class Membership Rewards program in a powerful, new way.”

“In our stores and online at BestBuy.com, our customers expect choice and flexibility from us on how they pay for and receive the consumer electronics they want,” said Mary Lou Kelley, president of e-commerce at Best Buy. “We are excited to partner with American Express and allow Card Members the ability to convert their Membership Rewards points into the latest and greatest consumer electronics products and services.”

‘Pay With Points’ at Best Buy

American Express’ unique technology enables eligible Card Members to easily use Membership Rewards points for all or part of their BestBuy.com purchases, and allows them to check their Membership Rewards points balance before they check out on BestBuy.com. There are no codes or registration needed. Best Buy also offers all customers shopping on BestBuy.com – including Card Members who choose to use points for their purchase – the option to get their purchases quickly with same day pick-up in store, as 70 percent of Americans live within 15 minutes of one of Best Buy’s 1,400 U.S. locations.

To use Membership Rewards points online at BestBuy.com:

• Open “Your Cart” and proceed through the checkout process
• Enter an eligible American Express Card at online checkout and check your Membership Rewards points balance and the equivalent dollar value
• Designate how many points to use towards your purchase (Card Members can use points for all or part of their order)
• Complete the checkout process by confirming and placing the order

Card Members will see their points balance updated in 2 – 4 business days in their Membership Rewards program account.

For more information, visit amex.co/bestbuy and BestBuy.com/paywithpoints.

About the Membership Rewards Program

The Membership Rewards program from American Express offers more than a million rewards from more than 500 brands. The program allows Card Members to earn one point for virtually every dollar charged on eligible, enrolled American Express Cards, with many opportunities to earn points faster. Membership Rewards points are redeemable in a wide selection of reward categories. Points have no expiration date, and there is no limit on the number of points a Card Member can earn. For more information about the Membership Rewards program, visit: membershiprewards.com or call 1-800-AXP-EARN (297-3276).

About American Express

American Express is a global services company, providing customers with access to products, insights and experiences that can enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress, and youtube.com/americanexpress.

Key links to products and services: charge and credit cards, business credit cards, Plenti rewards program, travel services, gift cards, prepaid cards, merchant services, business travel, and corporate card.

Trademarks and/or registered trademarks are owned by their respective companies

View source version on businesswire.com: http://www.businesswire.com/news/home/20150730005803/en/

American Express:Amy Marino, [e-mail]