American Express Credit Cards At A Glance

American Express Credit Cards (or Amex cards) will offer you the maximum payment flexibility to better manage your purchases: you can choose to pay the minimum due every month, pay off the complete balance of the card to avoid paying interest, or you can also convert your transactions into easy monthly installments and pay for them flexibly at reduced interest rates. The customers also benefit from the range of payment options offered by the bank and the best part is that, they can make payments directly from their bank account.

Main Feature

The main feature of all American Express cards is that that the company is dedicated to provide its customers with the highest standards of protection and control, a world of benefits and special offers at selected partners and access to exclusive loyalty programs. Thus, you will be able to enjoy exclusive benefits that are not offered to people who have credit cards from other banks. These cards will provide a number of important benefits in terms of flexibility, convenience, safety and control of your expenses.

Credit Limit

The credit cards come with a preset credit limit that can be revised by the bank based on the relationship that you build with them. If you make payments on time and use your card sensibly, the bank might even increase the limit and allow you to access more credit without any difficulty. In case you exceed the limit of your card, you will need to pay an over limit fee which is not very high. However, you can easily avoid exceeding the limit of your card by keeping a track of your transactions and making payments on time and at regular intervals.

Convert Purchases into EMIs

Amex cards can help you to better manage your expenses as they will allow you to convert your transactions into EMIs. You can set a flexible repayment plan that you can customize over time depending on your availability and needs by making a call to the Customer Service Team of the bank. You can choose the duration of time within which you would like to pay for the transaction. When you make the installment payments, more credit will be available to you. When you opt for this feature, you can save money as the interest charged for the purchases will be reduced.

Flexible payment options

When you opt for any of the credit cards offered by American Express, you will not have to pay off the credit card balance in full every month. In case you decide to pay off the balance in full within the payment due date, you can avoid paying interest for your purchases. However, if you do not have the required financial resources to pay off the balance in full, you can choose to any amount which is equal to or more than the minimum payment due for the card. Thus, you will enjoy the flexibility of making payments at your own convenience.

Loyalty Rewards

American Express will reward you for all your purchases with their credit card, giving you access to the loyalty program. You can get up to 1.5 percent of the value of the transaction as cash back for most of the transactions completed with the True Cash Back Card. Similarly, other cards from the bank will provide you with access to air miles that can be redeemed for air tickets, hotel bookings, travel deals, vouchers and a variety of other benefits. Some of the cards will help you to earn reward points at a faster rate and you can then redeem the points for all types of deals and offers.

Protection and control always within reach

With American Express Credit Cards, you will have the security you need at every opportunity, for all your day to day purchases and more importantly when you are on the go, thanks to the 24/7 Customer Service offered by the bank, 365 days a year. You will easily get answers to all your queries and questions and you can even contact their Customer Service Team online. Even when you are travelling abroad, you will be able to easily contact the bank and get your card blocked in case it is lost or stolen. You might even be able to get a replacement card on an emergency basis.

Online and Mobile Services

You can check your account at any time by accessing your logging in to the online banking portal of the bank and by accessing the mobile banking portal through iPhone and other smartphones. You can receive updates via SMS or email and you can also opt out of paper statements by opting for e-statements that will be sent to your email address.  Through the online and mobile platforms of the bank, you can not only view statements and access information about your credit card account, you can also make payments and access other features of your card.

Special Offers and Promotions

When you opt for the Credit Cards from American Express, you will reserve special offers and a variety of useful promotions from time to time. With the help of these offers and promotions, you can access a world of exclusive privileges from merchants that are part of the Amex network. You can find out about these promotions by visiting the website of the bank or other third party financial websites that offer information about Amex card promotions. The promotions are usually available for a limited period of time and are available for dining, travel, shopping, entertainment etc.

Eligibility Criteria

To apply for a credit card with American Express, you should meet the following criteria:

• You should be aged 21 years and above
• You should be a permanent resident or a citizen of the country where you want to apply for Amex cards
• You should have a minimum income of $30,000 per annum.
• You should be able to provide proof of income, identity proof, proof of address and other documents required by the bank.