American Express Red

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The American Express Red is an American Express credit card which has been launched for the first time in the United Kingdom in March 2006. Applicants must be UK residents. It is part of the Product Red initiative.

The principle of the card is that every time money is spent with it, 1% of the amount is sent to a fund called Global Fund, created in 2002 to fight against AIDS, Tuberculosis and Malaria. When the yearly spending amount exceeds £5000 a year, this percentage is increased to 1.25%.

In the UK, the card is advertised by spokespersons such as Bono and Elle Macpherson.

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American Express
v • d • e
Payment Products: Credit cards • Charge cards • Traveler's cheques • Centurion Card • Red Card • ExpressPay
Magazines: Travel + Leisure • Food & Wine • Departures Magazine • Executive Travel
Spun-off companies: Ameriprise Financial • First Data Corp. • Lehman Brothers • American Railway Express Agency • Merchants Despatch 
Notable Current & Former Executives: Henry Wells • William Fargo • J.C. Fargo • Ralph Reed • James D. Robinson III • Lou Gerstner • Sandy Weill • Harvey Golub • Ken Chenault • Gary Crittenden

Corporate Directors: Ken Chenault (Chairman) • Daniel Akerson • Charlene Barshefsky • Ursula Burns • Peter Chernin • Vernon Jordan, Jr. • Jan Leschly • Rick Levin • Richard McGinn • Edward Miller • Frank Popoff • Robert Walter • Ron Williams

Other: Amex Bank of Canada • The Adventures of Seinfeld & Superman • World Monuments Watch • The Great Salad Oil Swindle

Annual Revenue: $24.27 billion USD ( 10% FY 2005) | Employees: 65,800 | Stock Symbol: NYSE: AXP | Website: www.americanexpress.com
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