Credit Card News

Advertising Disclosure is an independent, advertising-supported web site. receives compensation from many credit card issuers whose offers appear on our site. Compensation from our advertising partners impacts how and where their products appear on our site, including, for example, the order in which they may appear within review lists. has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Products » Santander American Express Card to Offer “Recompensas Santander” in Mexico

Santander American Express Card to Offer “Recompensas Santander” in Mexico

Add to Favorites:

Say “hola!” to the newest American Express credit card, Santander American Express, which will be issued in Mexico. It’s set to offer rewards for purchases in department stores, supermarkets, and anywhere else the card is used through a rewards program called “Recompensas Santander.”

The first six months of purchases with the new card will be interest free, and cardholder will get a rewards bonus for purchases made during this period. The card is designed to offer extra rewards in Mexican department stores and supermarkets. Customers will earn three points per dollar spent in department stores, and two points per dollar in supermarkets, in Mexican stores only. All other purchases will earn one point per dollar, including all purchases made outside of Mexico.

Purchases made during the first six months will be interest free and paid according to installments, and will earn three points per dollar spent. Points are given according to the number of U.S. dollars spent.

The card also comes with an insurance platform, including travel assistance, travel accident insurance, car rental insurance, purchase protection insurance and extended warranty insurance. The Santander card will be accepted not just in Mexico, but anywhere across the globe where American Express is a valid method of payment.

Partnering to offer rewards in Mexico

Santander will handle the marketing, promotion, and customer service for the new rewards credit card. They will also be in charge of credit authorizations and billing. American Express will process payments through their global network.

Santander expects the new card to open a new segment for them in the marketplace and is pleased to be partnering with American Express. Jorge Alfaro Lara, associate general director of consumer credit at Santander Mexico, said the card would give clients “a mix of the best services from both companies.”

Lisandro Delfino, American Express’s VP of global network partnerships Latin America, said, “With this new alliance, we have a great opportunity to extend the reach of the benefits and services of the American Express network and create a new attractive array of products for Santander’s customers.”

Add to Favorites:

Related News:

Earning More On Broadway
Earning More On Broadway

By Dar Dowling, Posted: September 09, 2014

First Bankcard and Audience Rewards, the rewards program of Broadway, are rolling out the new Audience Rewards American Express Card, offering double and quadruple points on shows, live entertainment and trips to the theater. Continue reading
New American Express FlexPerks Cards from US Bank
New American Express FlexPerks Cards from US Bank

By Dar Dowling, Posted: November 06, 2014

US Bank has joined forces with American Express to offer three new credit cards in its FlexPerks rewards line including the FlexPerks Reserve American Express card, Continue reading
A New Rewards Card from Amex
A New Rewards Card from Amex

By Dar Dowling, Posted: May 11, 2015

American Express and Plenti announced the rollout of a co-branded credit card for members of the new loyalty program. With the new card from Amex, people earn one point for every dollar spent, as well as earning points through the Plenti ... Continue reading
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Unlimited 1.5x rewards on every purchase, every day. For every $1 you spend, you earn 1.5x Miles.
For Excellent, Good Credit
Get a dollar-for-dollar match of all the cash back you’ve earned at the end of your first year, automatically.
For Excellent, Good Credit
Guaranteed $500 Unsecured Credit Limit
For Bad Credit