American Express Canada has launched of American Express^® Personal Loans, a new digital lending platform that offers personal loans. A targeted group of eligible customers (by invitation only) can apply for a loan online and receive their funds in as little as one to three business days.¹ Whether making a major purchase, renovating their home, or experiencing significant life events, Personal Loans marks another way Amex has their customers’ backs.

With American Express Personal Loans, eligible customers can take advantage of set monthly payments, a fixed personalized interest rate and an easy digital application process. For added convenience, pre-authorized loan repayments also help customers avoid late payments on their account.

The launch of Personal Loans follows American Express’ recent debut of new and improved digital offerings to consumers. This includes the launch of Amex Offers, which brings Cardmembers rewards and perks from the places they like to shop, dine, travel and more.  Additionally, the refreshed American Express^® App features an all-new ‘Membership’ hub where Cardmembers can explore nearby Amex airport lounges or book their next trip on American Express Travel Online.

For more information on American Express Personal Loans, please visit www.americanexpress.ca/personal-loans.