CLEAR and American Express Renew Partnership to Provide Premium Travel Experiences at Airports to Card Members
Rhea-AI Summary
CLEAR (NYSE: YOU) has announced the extension of its partnership with American Express for a second one-year renewal term. The collaboration, which began in 2019, allows eligible American Express Card Members to receive up to $199 in annual statement credits for CLEAR Plus Membership when enrolling and paying with qualifying American Express credit cards.
CLEAR Plus provides members with an expedited airport experience across its nationwide network using face-first technology for rapid identity verification. The benefit remains available to U.S. Card Members holding Personal, Corporate, and Small Business Platinum Cards, American Express Green Cards, and Hilton Honors American Express Aspire Cards.
Positive
- Partnership renewal with major credit card company American Express secures continued revenue stream
- Maintains $199 annual statement credit benefit, encouraging customer acquisition and retention
Negative
- Short-term renewal of only one year indicates potential uncertainty in long-term partnership stability
NEW YORK, March 25, 2025 (GLOBE NEWSWIRE) -- CLEAR (NYSE: YOU), the secure identity platform, is extending its partnership with American Express for its second one year renewal term. CLEAR and American Express entered into the partnership in 2019, which provides eligible American Express Card Members who enroll in CLEAR, and pay using their qualifying American Express credit cards, up to
American Express U.S. Card Members with the following Cards can continue to enjoy their CLEAR Plus benefit:
- Personal, Corporate, and Small Business Platinum Card®
- American Express® Green Card
- Hilton Honors American Express Aspire Card
To learn more about Card eligibility, please visit americanexpress.com/us/clear.
About CLEAR
CLEAR's mission is to strengthen security and create frictionless experiences. With over 30 million Members and a growing network of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and we never sell Member data. For more information, visit clearme.com.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10- K. The Company disclaims any obligation to update any forward-looking statements contained herein.
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FAQ
What is the renewal term for CLEAR's partnership with American Express in 2025?
How much credit do American Express cardholders receive for CLEAR Plus membership?
Which American Express cards are eligible for CLEAR Plus membership credits?
What technology does CLEAR (YOU) use for airport identity verification?
