Financial giants BDO and American Express partner to create the new Explorer Credit Card
As we’re on the tail end of the pandemic and celebrating a new year, there’s even more reason to plan out your travels for the rest of 2023. Whether you’re thinking of scrambling across Tokyo’s Shibuya crosswalk, exploring the cultural sites of Singapore, maybe even rediscovering the local destinations like Palawan, it’s definitely revenge travel season!
We’ve all missed the distinct feeling of getting lost in a new place and discovering ourselves in the process. It’s time to say yes to the trip you’ve put on the backburner with the all-new Explorer Credit Card by financial giants BDO and American Express.
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After three years of the pandemic, borders are reopening and travel is back. Cardmembers who are frequent travelers—eager to explore the world again—can earn American Express’ Membership Rewards® points, which never expire, and can be redeemed for air miles with a wide range of airlines including award-winning ones, as well as hotel loyalty points redeemable at thousands of hotel properties.
You can easily travel for less! Every P40 spent entitles Cardmembers to earn one Membership Rewards® point. Each point can then be redeemed for one air mile at six frequent flyer partners: Mabuhay Miles, KrisFlyer, Cathay Membership, Royal Orchid Plus, Enrich and Delta SkyMiles. The points can also be converted into hotel loyalty points from Marriot Bonvoy and Hilton Honors, which both have thousands of properties worldwide including the Philippines. In addition, the Explorer Card has one of the best rewards rates in the country and no conversion fee.
Other benefits of the Explorer Card include up to P10M Travel Accident and Inconvenience Coverage, 2,000 Bonus Membership Rewards points upon reaching P600,000 spend per year, year-round deals, rebate or cashback and instant savings from BDO partner merchants, Complimentary Annual Fee for the first year (Principal and Supplementary) and Waived Annual Fee upon reaching P450,000 spend per year.
“We have seen substantial growth in travel-related spending among our American Express Cardmembers. In 2022, airline ticket purchase alone [had] increased exponentially versus the previous year,” reveals Rolando C. Tanchanco, BDO Senior Executive Vice President and Consumer Banking Group Head. “With the return of consumer confidence in travel, the American Express Explorer Credit Card is a timely addition to our extensive line-up of credit card products with our partner American Express.”
The Explorer Card was first introduced by American Express in Australia in 2016 and Hong Kong in 2021. Now, American Express with BDO are bringing the Explorer Card to the Philippines—a first in Southeast Asia. The new card forms part of the extensive range of BDO-issued American Express Cards.
For more details or to apply for the American Express® Explorer™ Credit Card, visit www.americanexpress.com.ph or go to any BDO branch near you.
Photos American Express and BDO
Art Macky Arquilla