Evolve Bank & Trust Unveils the Cream Card With Neon Money Club on American Express Network

Evolve Bank & Trust, a recognized leader in the payments and Banking-as-a-Service (BaaS) sectors, has announced its partnership with Neon Money Club. This collaboration has led to the launch of the Neon Money Club Cream American Express® Card, now available for pre-order since November 1, 2023. The partnership between Evolve, Neon Money Club, and American Express aims to merge financial wellness with investment opportunities through their unique offering.

The Cream Card introduces an innovative concept allowing cardholders to convert their Neon Money Club points into stock investments. Neon Money Club matches the points converted, doubling the investment potential in the NMC app. Also, card members will benefit from the broad range of American Express Network perks such as Amex Offers, presale ticket access, dining benefits, and purchase protections.

Both companies have expressed their enthusiasm for this joint venture. Luke Bailey, CEO of Neon Money Club, emphasized the importance of partnering with institutions that support their vision of promoting financial wellness among consumers. Similarly, Scot Lenoir, Chairman of Evolve, highlighted the expansion within the digital payment industry and the excitement over bringing innovative financial solutions to the market. This partnership with American Express aims to facilitate easy market entry for fintech innovations according to William Stredwick of American Express.