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December 15, 2014

ICICI Bank launches transparent credit card with American Express

ICICI Bank, an Indian private sector bank, has launched a Coral American Express credit card with a transparent design and a distinctive look adding to the bank’s exclusive gemstone collection of credit cards.

By Verdict Staff

ICICI Bank, an Indian private sector bank, has launched a Coral American Express credit card with a transparent design and a distinctive look adding to the bank’s exclusive gemstone collection of credit cards.

ICICI Bank Coral American Express credit card will offer an extended credit period to customers enabling them to carry over the retail purchase balances in first two billing statements to the third statement.

The card will endow cardholders with complimentary movie tickets, visits to altitude lounges at Mumbai and Delhi airports, discounts in restaurants and exemption of surcharge on fuel transactions at HPCL stations besides offering cash-back points for each INR100 spent on dining, groceries, supermarkets and online merchandise.

Sanjay Rishi, president for South Asia at American Express, said: "This launch marks a further strengthening of the relationship between ICICI Bank and American Express.

"We already partner with ICICI Bank on customer loyalty programs, insurance services, retail banking services as well as initiatives to expand card accepting merchants. The launch of the ICICI Bank Coral American Express Card combines the strengths and capabilities of both organizations to offer an exciting new payment choice to customers."

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