IndusInd Bank has rolled out spend based targeted offer on their American Express Credit Cards this month. The offer, known as “Amazing Offer”, will enable card holders to qualify for Amazon vouchers on meeting the spend target. The spend targets are multi-leveled and are open to all eligible customers, which is a good news.
- Offer: Get Amazon vouchers on meeting the spend criteria below:
Level Minimum Spend Amazon Voucher Amount Reward Rate Level 1 Rs. 15,000 Rs. 500 3.33% Level 2 Rs. 30,000 Rs. 1,500 5.00% Level 3 Rs. 60,000 Rs. 5,000 8.33%
- Period: 15th November 2019 to 15th December 2019 (inclusive of both days)
- Excluded Transactions: Cash Withdrawals, Wallet Loading, EMI and Loan on Phone transactions
- Type: Targeted, not valid if communication is not received from IndusInd Bank
- Source: SMS
- Terms & Conditions
This is am amazing offer for IndusInd Bank Amex card members as it pushes the incremental reward rate to 8.33%. Only downside is that wallet transactions are not considered towards spend target. Also note that one customer can qualify only for one level, not multiple.
Let me know your thoughts on this offer in comments below.