Hungarian OTP Bank Partner with American Express

OTP Bank will be responsible for issuing the cards, managing the customer relationships, providing customer service, billing and credit management. OTP Bank will also be the only bank that will acquire merchants in Hungary to accept the American Express Card at their establishments. Unique Benefits and Services for Hungarian Consumers The OTP Bank American Express Gold Card is designed to meet the financial and travel needs of OTP Banks private banking and premium customers. This product offers no pre-set spending limit and is a pay-in-full charge card that requires the customer to pay off the balance every month. OTP will also issue Blue from American Express. In addition to its unique, clear design that includes a smart chip, the product offers Cardmembers 1% cashback on annual spending, which is accounted for as a credit on a Cardmembers statement at year-end. The card also offers the flexibility that allows Cardmembers to pay off their balances over time. Both products will offer OTP Bank-American Express Cardmembers a rich package of benefits and services including 24x7 customer service both in Hungary and around the world; access to the worldwide network of 1,700 American Express Travel Service Offices where Cardmembers can seek assistance and receive 48-hour emergency card replacement and access to specially negotiated promotions and discounts in Hungary and all over the world through American Express Selects. In addition, the Card products will provide access to Travel Accident Insurance, which provides coverage for accidental death or dismemberment while traveling; Purchase Protection that provides coverage for goods purchased with the Card that are damaged or stolen and Fraud Protection, which limits a Cardmembers liability if their Card is used for fraudulent purposes. Both the American Express Gold Card and Blue from American Express issued by OTP can be used to make purchases at the wide variety of Hungarian merchants that accept the card, including large retailers, gas and petrol stations, hotels and restaurants, and the millions of establishments that accept the American Express Card for payment globally.OTP Bank becoming the exclusive issuer of American Express Cards in Hungary. OTP Bank, Hungarys largest consumer bank, will issue the American Express Gold Card and Blue from American Express. Both cards will be marketed to customers and prospects throughout the OTP Bank branch office network. OTP Bank will be responsible for issuing the cards, managing the customer relationships, providing customer service, billing and credit management. OTP Bank will also be the only bank that will acquire merchants in Hungary to accept the American Express Card at their establishments. Unique Benefits and Services for Hungarian Consumers The OTP Bank American Express Gold Card is designed to meet the financial and travel needs of OTP Banks private banking and premium customers. This product offers no pre-set spending limit and is a pay-in-full charge card that requires the customer to pay off the balance every month. OTP will also issue Blue from American Express. In addition to its unique, clear design that includes a smart chip, the product offers Cardmembers 1% cashback on annual spending, which is accounted for as a credit on a Cardmembers statement at year-end. The card also offers the flexibility that allows Cardmembers to pay off their balances over time. Both products will offer OTP Bank-American Express Cardmembers a rich package of benefits and services including 24x7 customer service both in Hungary and around the world; access to the worldwide network of 1,700 American Express Travel Service Offices where Cardmembers can seek assistance and receive 48-hour emergency card replacement and access to specially negotiated promotions and discounts in Hungary and all over the world through Am