Santander has partnered with American Express to launch the Santander American Express Credit Card in Mexico.
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Issued by Santander, the new credit card focuses on rewarding cardholders for their daily spending in department stores and supermarkets through its preferred points redemption program, Santander Rewards (Recompensas Santander), and includes a powerful points multiplier for interest-free installment payments during the first six months.
The cardholders will be benefitted from insurance platform, which provides services, such as travel assistance, travel accident insurance, car rental insurance, purchase protection insurance and extended warranty insurance.
The new card will be accepted on American Express’ global merchant network, as part of the partnership between both the companies.
Jorge Alfaro Lara, associate general director of consumer credit and payment tools at Santander Mexico, said: "For Santander, this partnership reaffirms our commitment to innovating in the marketplace. We are opening a new segment where clients are looking for a mix of the best services from both companies."
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By GlobalDataSantander will be responsible for owning the customer relationships, marketing and promoting the cards and managing credit authorizations and billing.
