American Express Brazil today announced the launch of a new blue-colored revolving credit card, the American Express Credit. In addition to the quality service traditionally associated with American Express products, the card will offer a competitive monthly interest rate that may be further reduced through timely repayment and frequent card usage. Depending on the level of usage, cardmembers will be able to reduce or eliminate the annual card fee.
“We at American Express are dedicated to bringing a broad range of fine products to the marketplace in order to better serve our customers,” said Hélio Lima, president of American Express Brazil. “With the new blue card, American Express offers Brazilians a fresh and exciting new means of payment. American Express Credit has a look and personality all its own — dynamic, fresh and contemporary. With flexible card fees and interest rates, it will appeal to a younger, more active market segment.”
Noting that todayâs announcement is the third revolving credit card product American Express has launched in Latin America this year, Roberto Cavalcanti, president of American Expressâ Latin American and Caribbean region, added, “This further speeds our strong momentum in Latin America. This product launch follows closely on the heels of two similar and highly successful credit card launches in Argentina and Mexico. Additionally, this year we have announced card partnerships with BCN, Sony and Banco Excel Economico in Brazil; Banco Bital in Mexico; Banco Popular in Puerto Rico; and Credomatic Bank in Costa Rica, Nicaragua, El Salvador, Honduras and Guatemala.”
Benefits and services offered with the new American Express Credit include:
Up to 100 percent discount on the annual fee through continuous card usage;
Up to 20 percent discount on interest rates, with monthly spending over R$200 and timely repayment;
Automatic billing to a cardmemberâs bank account, for ease of settlement;
Access to participation in the Membership Rewards program;
Access to more than 135,000 ATMs worldwide; Access to 1,700 travel service locations in 130 countries;
Emergency assistance and card replacement when traveling;
Global Assist for medical and legal assistance when traveling;
Automatic Accident Insurance when a cardmember purchases airline tickets with American Express Credit.
American Express is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, financial planning, investment products, insurance and international banking.
