Blue from American Express wins popular support in the Kingdom
- Saudi Arabia: Wednesday, June 11 - 2003 at 16:25
- PRESS RELEASE
Popular demand for the new Blue Card issued by Amex (Saudi Arabia) Limited has exceeded all expectations.
The futuristic design of the Card, with its jewel-like square blue hologram, indicates that this is no ordinary piece of plastic. The Blue Card is a modern concept for people who want an easy-to-use financial tool that serves the everyday needs of their active lifestyle.
"The introduction of Blue has put the benefits of being an American Express Cardmember within the reach of a wider public and its popularity indicates a significant change in spending habits. The Blue Card is being widely used for everyday purchases, such as in supermarkets, retail outlets, restaurants, as well as for luxury goods and travel." said Mazin Khoury, Chief Executive Officer of Amex (Saudi Arabia) Limited.
Blue Cardmembers enjoy a unique 1% MoneyBack feature by which one Riyal is credited to their account for every 100 Riyals purchased using the Card. In addition, Cardmembers can choose to settle their accounts in full without incurring any service charges or pay as little as 5% of the amount due and spread the balance payments over time.
Blue offers many other great benefits like Express Cash which allows Cardmembers to withdraw cash from many ATMs in Saudi Arabia and the world, Retail Protection which insures recently purchased goods on the Card against loss, theft or damage for up to 90 days, Online Fraud Guarantee which insures against unauthorized use of the Card over the internet making it the most internet friendly Credit Card, and Travel Accident Insurance which is automatically extended to Blue Cardmembers when they purchase their airline tickets using their Blue Card.
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Notes and Media Contacts »
Amex (Saudi Arabia) Limited was established in 1999 as a joint venture company equally owned by Amex (Middle East) E.C. and the Saudi Investment Bank. It owns and operates the American Express Card and Merchant business in Saudi Arabia. The Saudi Investment Bank is a Saudi Arabian Joint stock company established in 1976. Amex (Middle East) E.C. is a Bahrain joint venture company equally owned by Mawarid Holding Company and the American Express Company.
For further information please contact:
Ahmed Al Hassani
Media Manager
SACCS - Jeddah
Tel: (+9662) 663 2525
Fax: (+9662) 663 2323
Nabil Abou Alwan
Head of Marketing
Amex (Saudi Arabia) Limited
Tel: (+9661) 474 9004
Fax: (+9661) 472 1844
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Posted by Anne-Birte Stensgaard, Senior News Editor



