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American Express introduces SmartEarn Credit Card for millennials
Business

American Express introduces SmartEarn Credit Card for millennials

Agency News

New Delhi, Sep 6: American Express, the world’s largest card issuer by purchase volume has launched the all-new SmartEarnTM Credit Card.

The card, created for millennials in India, is stacked with value benefits, according to a statement here on Friday.

The highlight is enhanced gratification through accelerated rewards on everyday transactions by millennials: such as ridesharing, movie-booking, and other online purchases. Along with rich benefits, the SmartEarnTM Credit Card reflects the premium brand heritage of American Express.

The card offers fast and easy ways to redeem rewards, with the ability to pay using points when shopping, using points to pay statement credit, or redeeming them for gift cards at merchants of choice. The card carries an annual fee of Rs 495, along with Rs 500 cash-back in the first year in the form of statement credit.

Manoj Adlakha, CEO – American Express Banking Corp., said ''At American Express, we recognize that millennials display clear and unique lifestyle preferences – they are digital natives who are optimistic, impatient, passionate – and busy. They are savvy shoppers who aim to derive maximum value in their financial transactions. The Smart Earn Credit Card is bundled with offerings that cater to millennial needs. Not only will it enable Card members to earn every time they spend, through a rich blend of rewards and cashback but will also provide them with the powerful Brand benefits of American Express - Service, Security and Trust.'' (UNI)