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credit cards of American Express for Shopping in Coimbatore

Explore Cards
55274 Reviews
Pros & Cons
More Details
Explore Cards
55274 Reviews
Pros & Cons
More Details

Introduction:

Imagining the world without credit cards is impossible to begin with. It has become an integral part of how we live and how we form economic relationships with economic entities around us. It has revolutionized the way with which we purchase goods and services from retailers. A credit card might seem to be like a plastic card but in actuality it is a powerful tool, and when used wisely, it not only makes the cardholder?s purchasing power exponential but also helps to raise the credit standing too. This means that it becomes easier for someone owning a credit card to get their loan applications sanctioned because their credit-worthiness is reliable and banking institutions are more than ready to give them the loan that they need.

So how does a credit card work? Well, as we have noted, a credit card is essentially a plastic card that contains a microchip attached with it. The microchip is the most important component of the card as far as functionality goes, since it is digitally connected with the details of your account that is kept in the bank?s database. When the card is used to pay for a transaction, the bank is notified and it automatically loans the amount of the purchase _ essentially crediting your account with the amount _ and allowing you to pay for the product you have procured. Since the amounts are actually loans that the bank credits you with, you have to repay the total amount of credit back to the bank within a specific period of time.


The Pioneers, American Express:

As far as the Indian financial market is concerned, it can be said without a doubt that American Express has been a pioneer in this field. Credit cards existed in India since the 1980s but owing to the sheer lack of awareness among the populace, many did not know about it. All of that changed, however, when the Indian government liberalized its economic set up in the early 1990s and opened the floodgates to welcome in free market mechanisms, foreign investment and the availability of scores of products. This enabled the growth of the middle class as a conspicuous aspect of Indian socioeconomic realities, and gave them immense purchasing power. This also coincided with the invasion of the Indian market by foreign firms and corporations who were eager to place their products and services up for sale.

At such a scenario, the pioneering service of American Express is worth mentioning. They went on a veritable campaign to raise the awareness of the customers. They succeeded in making people aware about the existence of credit cards and their usefulness both as excellent replacements for currency and as a tool for improving one?s credit standing. They introduced a plethora of credit cards that catered to the needs and desires of the ever expanding middle class. If credit cards are popular today, one should be ever grateful to the work of American Express in the years following the economy?s liberalization.


American Express Credit Cards:

Owing to the rich experience of popularizing and offering various credit cards for a variety of customers, American Express credit cards are a combination of that experience as well as the knowledge regarding what does a growing middle class wants. So if you ever want to go on a Shopping spree and buy up accessories or items of interest, you can utilize the credit cards by American Express specifically programmed for this particular use, and utilize it to buy whatever you want and get the best deals from retail outlets in and around Coimbatore.


Best credit cards of American Express for Shopping in Coimbatore - Apply Now

Different Types of Credit Cards and TypesJoining FeeAnnual Fee


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55274 Reviews Sort
Newest

very good

10 months ago | SUCHISHITA MAHARANA
I hold a credit card with American Express Gold Card limit which i hold is 40000 I am satisfied with my limit. I do get reward points with the card. Net banking is much comfortable .

Excellent

2 months ago | BIPLAB KARMAKAR
It is an awesome experience with Jet Airways American Express Platinum Credit Card. team. The rate of interest and charges is fine

Excellent card

10 months ago | Palash Das
American Express Gold Card taking average interest rate on yearly basis and they have an annual fee . You also get buy 1 ticket and get the other ticket free any day of the week, through bookmyshow.

Wonderful experience with this card

1 year ago | Vasantha Kumari Dasi
I have had a wonderful experience using this card. The Bank and itÕs executies are very approachable and provides good service, which is not in common.

You can use anywhere

1 year ago | Dinesh Kumar
I have been using American Express Gold Card for 8 months. American Express Gold is always good. Emi option is available in American Express Gold. You can access cash from anywhere.

Good card

7 months ago | Janardan Narayan Ambekar
I am using this card from quite a long time. Its good,but their joining fee is a little high ,so i am ok with the card so far.

EMI facilities are avaliable

1 year ago | Ritu Agarwal
I have been using American Express Gold from last 8 months. This card has the EMI options available along with the cash despense facility.

Good card

1 year ago | DIMPLE SINGLA
I am using this card from quite some time. I specially used it for dining benefits. With this card you can get 2 reward points per every 150 spent.

Satisfy with the credit limit of this card

1 year ago | DAMODAR TANWAR
I am satisfied with the credit limit with this card. There has been offers with reward points during online purchases. I use this card for most of my bill payments, shopping and other purchases also.

DidnÕt find any good offer

1 year ago | Lokesh Kagitha
I am not satisfied with the ICICI Bank Platinum Credit Card. I did not find any good offers in this credit card so far. The credit limit I got is very low when compared to other credit cards.

Satisfy with the credit limit of this card

1 year ago | Komal Mahesh Otwani
I hold Jet Airways bank credit card and the credit limit is 42,000 which is satisfactory . The customer service and responses was good. I get book my show tickets and reward points .