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06/06/2014

Lloyds Bank Cardnet in partnership with American Express®

The benefits of accepting American Express

We always like to help our customers find great ways to build their business, which is why we are offering the potential benefits of accepting American Express Cards.

There are over four million American Express Card members in the UK. By accepting American Express Cards you may welcome new customers into your business and offer flexibility to your existing customers. You could also open your doors to attract higher spending, loyal customers. On average, UK American Express Card members spend 74% more than other credit card holders*, while remaining more loyal to businesses that welcome American Express Cards**.

Shop Small® and Small Business Saturday®

As an American Express merchant, you will also have the opportunity to join in with UK initiatives like Shop Small and Small Business Saturday. These initiatives encourage UK American Express Cardholders to spend in participating small businesses.

How to get started

For customers of Lloyds Bank Cardnet who don't already accept American Express Cards into their business, you can call us on 01268 567 100. A representative from Lloyds Bank Cardnet will then get in touch to continue the application process.

View the full list of cards you can accept with Lloyds Bank Cardnet

* UK American Express Cardmembers reported spending on average 74% more over a period of 3 months on total personal retail purchases than Non-Cardmembers over the same period.

** 67% of UK American Express Cardmembers reported that they would be more loyal to a merchant that accepted American Express compared to one that did not, and this is also compared to 50% of Non-Cardmembers who gave the same response about their most frequently used credit card.

*/** Source: American Express commissioned an internet panel survey which was conducted in September - October 2013 based on purchases made in the 3 months prior to the survey. Definition of American Express Cardmembers: Respondents who reported that they have an American Express Card and that they used that card to pay for retail purchases in the prior 3 months. Definition of Non-Cardmembers: Respondents who reported that they do not have any type of American Express Card and that they used a Visa, MasterCard, debit card, cash/cheque, or Payment Services (i.e., PayPal, Click & Buy, Moneybookers) to pay for retail purchases in the prior 3 months.

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Your information will be held be Lloyds Bank plc trading as Cardnet, part of the Lloyds Banking Group. More information on the Group can be found at lloydsbankinggroup.com.


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