FacebookTwitterLinkedIn

credit cards of American Express for Shopping in Kolkata

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 Kolkata.


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

Different Types of Credit Cards and TypesJoining FeeAnnual Fee


Know More about cards


55274 Reviews Sort
Newest

good

1 year ago | HEMPARNA
Net banking is convenient to make payments.The card was processed within 15 days of time.

poor

9 months ago | MD SABIR HUSSAIN
Jet Airways American Express Platinum Credit Card is not providing notification to remind about the due dates and all,its really incinvinient

Excellent card

1 year ago | Santosh Subudhi
I have taken a credit card from American Express Gold Card . You can get loads of points and Earn 1 Membership Rewards Point for every1 Rs. 50 spent except for spends at Fuel, Insurance, Utilities and Cash Transactions.

Great card

1 year ago | Sudesh Chaudhary
If you enjoy golf this card gives you 2 complimentary rounds of golf at a resort of your choice every month. They also teach you how to play golf.

Get me proper response with this card

1 year ago | Ram Mohan
The card providers gave me proper response in regards to my credit card application. The customer support service and the response is good with the bank.

High interest rate of this card

9 months ago | Gautam Mandal
Rate of interest of this card is a bit high which is not a good this about this in comparison to other banks.

Online use this credit card is very easy

2 years ago | B Shashikanth Jahagirdar
The net banking is a good option with this card. Net banking ensures that you can use credit cards in the comfort of your home or office and every transaction can be tracked through secure statements, text messages and emails issued by the bank.

Attractive card

1 year ago | Rajendra Prasad Imandi
Attractive feature of the card is with more reward points which you can earn on this card can be used to buy stuffs from rewards catalog or you can even convert to cashback against statement.

Average card

1 year ago | Pradep Kumar Singh
Am yet to receive. But yes, its obvious and i expected this to happen someday or other.Because 5% as cashback is actually quite much.

Bad customer service

3 months ago | Dhananjay Kumar
I am not satisfied with the Jet Airways American Express Platinum Credit Card & services. Customer care service is too bad that you won't be able to resolve your queries in one go. Moreover, they charged you with extra and some hidden charges.