American Express Revamps its 24K and 18K Gold Collection | New Brands Added - ChargePlate - The Finsavvy Arena

American Express Revamps its 24K and 18K Gold Collection | New Brands Added

American Express New Gold Collection


American Express 24 Karat and 18 Karat Gold Collection, often synonymized with American Express Membership Rewards Credit Card and American Express Gold Charge Card, has got a makeover and now looks more attractive and diverse.



    What has changed?


    Today, on the 31st of March'22, American Express has added five new brands in its 24K and 18K Gold Collection. These newly added brands in not-so-identical segments can readily facilitate Amex cardmembers with significant options to redeem their membership reward points as per their choice/requirement.


    18K Gold Collection (New VS Old)



    New Redemption Options Old Redemption Options
    Amazon EGV worth INR 7,000 Amazon EGV worth INR 7,000
    TAJ EGV worth INR 9,000 TAJ EGV worth INR 9,000
    Flipkart EGV worth INR 7,000 Statement Credit worth INR 6,000
    Croma EGV worth INR 8,000 Amex Domestic Travel EGV worth INR 7,000
    Shoppers Stop EGV worth INR 8,000
    Big Basket EGV worth INR 8,000
    Myntra EGV worth INR 8,000



    18K GC Reward Rate



    24K Gold Collection (New VS Old)



    New Redemption Options Old Redemption Options
    Tanishq EGV worth INR 10,000 Tanishq EGV worth INR 10,000
    TAJ EGV worth INR 14,000 TAJ EGV worth INR 14,000
    Flipkart EGV worth INR 9,000 Statement Credit worth INR 9,000
    Croma EGV worth INR 9,000
    Amazon EGV worth INR 9,000
    Vistara EGV worth INR 11,000
    Shoppers Stop EGV worth INR 11,000


    24K GC Reward Rate




    CP's Take


    This is a very good step taken by American Express. It has enabled cardmembers to choose their redemption option across various brands. As far as the omission of statement credit is concerned, we are not sure if people used it anyway, as it offered the lowest reward rate.



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    American Express


    American Express Revamps its 24K and 18K Gold Collection | New Brands Added American Express Revamps its 24K and 18K Gold Collection | New Brands Added Reviewed by Rahmat on March 31, 2022 Rating: 5

    1 comment:

    1. this costs you money because you have to pay the processing fees on their purchases. closest ATM near me

      ReplyDelete

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