It’s Diwali season, and credit card issuers are rolling out attractive offers to encourage festive spending. American Express India has launched a notable Diwali promotion that can help cardholders save significantly on their purchases.
24Karat GOLD Diwali offer
Receive Tanishq Gold Vouchers worth Rs. 5,000 for every Rs. 50,000 spent
American Express is offering the limited-time 24Karat GOLD Diwali promotion. Key details are summarized below.
- Offer period: 1 October to 31 October
- Earn Tanishq Gold Vouchers worth Rs. 5,000 for every Rs. 50,000 of cumulative spend on your American Express card during the offer period.
- Maximum vouchers you can earn: Rs. 20,000 (after cumulative spend of Rs. 2,00,000).
- Vouchers will be sent electronically to the email address registered with American Express within 60 days after 31 October 2016.
- Vouchers are redeemable against purchases at Tanishq stores, including gold coins.
- Vouchers may be combined with other ongoing offers at Tanishq outlets.
- Multiple vouchers can be combined for a single purchase/redemption.
This offer effectively gives up to 10% value back if you reach the maximum qualifying spend of Rs. 2,00,000, making it an attractive option for planned festive purchases. Since other American Express promotions often run concurrently, you may be able to stack benefits to increase overall value.
Other ongoing American Express offers:
- 3% fuel cashback on selected American Express credit cards.
- Rs. 1,000 cashback for using American Express eZeClick (equivalent to about 5% value back on qualifying spends).
- Rs. 600 BookMyShow voucher on each supplementary card.
The offer begins on 1 October. Share your thoughts or experiences in the comments below.
Update 1: Holders should expect vouchers by late December 2016; please be patient while they are processed.
Update 2: Vouchers began issuing from 26 December 2016; many cardholders received their vouchers in a single email.