American Express partners with MakeMyTrip to launch travel credit card

By: |
Updated: November 28, 2014 8:45:34 AM

American Express and MakeMyTrip, has launched the new 'American Express MakeMyTrip Credit Card'

American Express, the world’s largest card issuer by purchase volume, and MakeMyTrip(MMYT), has launched the new ‘American Express MakeMyTrip Credit Card’ offering savings and benefits for travellers and shoppers alike.

With a first year fee of INR750, the American Express MakeMyTrip Credit Card offers MMYT vouchers worth INR9000 on joining, which can be redeemed across flights, hotels and holiday offers on MMYT. The card also offers five per cent cashback (upto INR3,000) on MMYT bookings, and additional MMYT vouchers of INR2000 and INR5000 on spending INR1.25 lacs and INR2.5 lacs in a year, respectively. Powered by Payback, the new card makes spending more rewarding with upto five Payback points for every INR100 spent on all bookings at MMYT, two points for every INR100 spent elsewhere, and multiple Payback points on spending at over 50 Payback partner brands.

Speaking on the occasion, Manoj Adlakha, VP and GM, consumer services, American Express Banking Corp. said, “American Express, MakeMyTrip and Payback together make a winning combination for customers, enabling them to save more and earn more through this new offering. At a nominal fee of INR750, exciting travel related privileges with best-in-class benefits such as MMYT vouchers, cashback for travel and accelerated points on MMYT bookings as well as other spends, the American Express MakeMyTrip Credit Card is a powerful proposition for the value-seeking customer.”

Mohit Gupta, chief business and marketing officer, MakeMyTrip, said, “Travel is one of the fastest growing sectors in India. With the growing popularity of online transactions and utility associated with plastic money, this strategic alliance presents an opportunity for our customers to benefit from their purchases. The American Express MakeMyTrip Credit Card, has been conceptualised and designed with a focus on offering travel convenience. Customers will appreciate the exciting welcome gifts and redeemable points which can be redeemed across flights, hotels and holidays on MakeMyTrip. With the launch of this card, we aim to further strengthen our commitment towards offering a delightful customer experience.”

The new card also offers exclusive savings on dining and 2.5 per cent fuel surcharge waiver at HPCL outlets. Further, the card allows customers the flexibility to spread their payments into easy installments over a period of time, at attractive interest rates.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.

Switch to Hindi Edition
FinancialExpress_1x1_Imp_Desktop