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Did IndusInd Bank Amex Celesta Credit Card provide all the benefits which American Express Platinum Travel Credit Card have ?
- Thread starter jetesh
- Start date
helloworld
TF Legend
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Benefits provided by each card:
www.indusind.com
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// FYI (from cleartax)
American Express cards are either credit cards or charge cards issued by the publicly-traded financial services company—American Express. These cards are also referred to as AmEx cards and are quite unique in the way they operate.
While banks process most of the transactions, not every part of the process is controlled by the banks. Payment companies, such as Mastercard, Rupay, and Visa help banks in managing the transactions between the seller and the banks.
On the contrary, American Express issues their own cards to individuals, corporate consumers, and small businesses. Also, the transactions are completely controlled and managed by American Express.
However, the transactions processed by the financial service company, i.e. American Express, attracts a service charge from both the card owner and the seller. The company generates substantial revenue from this service.
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IndusInd/ICICI amex cards are issued by IndusInd/ICICI Bank on amex platform. These are way different from the proprietary amex cards.
In simple terms, IndusInd/ICICI AMEX is just another IndusInd/ICICI credit card but only using the amex network.
The terms and conditions, the interest rates,the offers, the reward points, the customer service. Every thing is managed by IndusInd/ICICI. All payments made to the card, go to IndusInd/ICICI.
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Both are different banks, where one uses network of another bank to process the transactions.
Benefits provided by each card:
Platinum Travel Credit Card Benefits | AMEX India
Explore all the thrilling benefits, offers and rewards of your Platinum Travel Credit Card that you get to enjoy as a cardholder. Click here to find out more.
www.americanexpress.com
IndusInd Bank Celesta American Express Credit Card Features & Benefits
Choose the IndusInd Bank Celesta American Express Credit Card for superior banking services. Avail yourself of complimentary lounge access, BookMyShow offers, air accident assurance, and more.
// FYI (from cleartax)
American Express cards are either credit cards or charge cards issued by the publicly-traded financial services company—American Express. These cards are also referred to as AmEx cards and are quite unique in the way they operate.
While banks process most of the transactions, not every part of the process is controlled by the banks. Payment companies, such as Mastercard, Rupay, and Visa help banks in managing the transactions between the seller and the banks.
On the contrary, American Express issues their own cards to individuals, corporate consumers, and small businesses. Also, the transactions are completely controlled and managed by American Express.
However, the transactions processed by the financial service company, i.e. American Express, attracts a service charge from both the card owner and the seller. The company generates substantial revenue from this service.
---
IndusInd/ICICI amex cards are issued by IndusInd/ICICI Bank on amex platform. These are way different from the proprietary amex cards.
In simple terms, IndusInd/ICICI AMEX is just another IndusInd/ICICI credit card but only using the amex network.
The terms and conditions, the interest rates,the offers, the reward points, the customer service. Every thing is managed by IndusInd/ICICI. All payments made to the card, go to IndusInd/ICICI.
---
Both are different banks, where one uses network of another bank to process the transactions.
Last edited:
Inshort we are not getting the same special privileges and experiences offered by AMEX cards. I thought a few of them would at least be able to be provided to us by AMEX.-------------
Benefits provided by each card:
Platinum Travel Credit Card Benefits | AMEX India
Explore all the thrilling benefits, offers and rewards of your Platinum Travel Credit Card that you get to enjoy as a cardholder. Click here to find out more.www.americanexpress.com
--------------IndusInd Bank Celesta American Express Credit Card Features & Benefits
Choose the IndusInd Bank Celesta American Express Credit Card for superior banking services. Avail yourself of complimentary lounge access, BookMyShow offers, air accident assurance, and more.
If they provide same benefits, why two cards?
// FYI (from cleartax)
American Express cards are either credit cards or charge cards issued by the publicly-traded financial services company—American Express. These cards are also referred to as AmEx cards and are quite unique in the way they operate.
While banks process most of the transactions, not every part of the process is controlled by the banks. Payment companies, such as Mastercard, Rupay, and Visa help banks in managing the transactions between the seller and the banks.
On the contrary, American Express issues their own cards to individuals, corporate consumers, and small businesses. Also, the transactions are completely controlled and managed by American Express.
However, the transactions processed by the financial service company, i.e. American Express, attracts a service charge from both the card owner and the seller. The company generates substantial revenue from this service.
---
IndusInd/ICICI amex cards are issued by IndusInd/ICICI Bank on amex platform. These are way different from the proprietary amex cards.
In simple terms, IndusInd/ICICI AMEX is just another IndusInd/ICICI credit card but only using the amex network.
The terms and conditions, the interest rates,the offers, the reward points, the customer service. Every thing is managed by IndusInd/ICICI. All payments made to the card, go to IndusInd/ICICI.
---
Both are different banks, where one uses network of another bank to process the transactions.
praveensudhakaran
TF Premier
Thank you, the search bar didn't gave these results. Will try advanced search next time
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