American Express Debuts eGift Card - Other News

ADVERTISING DISCLOSURE

ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site. Credit-Land.com receives compensation from most 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. Credit-Land.com has not reviewed all available credit card offers in the marketplace.

Credit Card Applications » News » Other » American Express Debuts eGift Card

American Express Debuts eGift Card

American Express Debuts eGift Card
The content is accurate at the time of publication and is subject to change.

American Express is at it again, introducing yet another new product to consumers. After having just recently partnered with the luxury automobile maker Mercedes Benz to offer two co-branded cards, AmEx is unveiling a virtual gift card well in advance of the holiday season. Called the eGift card, it is designed to be purchased and used online.

The only fees attached to the eGift card is a one-time, upfront $2.95 charge, after which the user will not have to pay an activation fee, a fee to check the card balance or any monthly service charges. Also, once loaded onto an eGift card, the funds will never expire.

“As consumers spend more time shopping online, we saw a need for a virtual gifting product,” said the company’s SVP and GM of the Americas with American Express’ Global Payment Options Stefan Happ in a statement, according to the website My Bank Tracker. “We took the best of our successful Gift Card program and made it available as a virtual product, the American Express eGift Card, thus satisfying a growing need among consumers. It’s also ideal for those last-minute shoppers and for loved ones, friends and family who don’t live nearby as there’s no shipping and it arrives in the recipient’s inbox in minutes.”

Available via telephone or on the American Express website, the eGift Card can be loaded with a minimum of $25 up to a maximum of $200. The card is delivered to the recipient’s email inbox upon purchase, and can typically be used mere moments after activation. Givers have to option of personalizing the eGift card by writing a unique message to accompany it.

American Express also recently joined forces with wireless carrier Sprint to avail customers of their rebates on prepaid cards issued by AmEx. These cards, known as American Express Prepaid Reward Cards, differ from eGift cards in that they are only free for the first six months after issuance. From then on, until they are used, cardholders pay a $3 monthly fee.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.
Add to Favorites:

Related News:

New Vendor Payment option from American Express and Bill.com
New Vendor Payment option from American Express and Bill.com

Posted: February 21, 2019

American Express and Bill.com have teamed up to roll out American Express Vendor Pay, a platform letting businesses make payments using their already existing American Express Corporate or American Express Business credit card. Vendor Pay… Continue reading

Get a 100,000 Bonus Points with the New Marriott Bonvoy Amex Cards
Get a 100,000 Bonus Points with the New Marriott Bonvoy Amex Cards

Posted: February 18, 2019

The new Marriott Bonvoy Amex cards are out and now new cardholders are eligible to get 100,000 bonus points. All they have to do to get the bonus points is spend $5000 with their new card within 90 days of getting it. The bonus is… Continue reading

The New Synchrony HOME Credit Card
The New Synchrony HOME Credit Card

Posted: February 12, 2019

Shopping for your home can get expensive but earning rewards can make it more affordable. In keeping with this theme, Synchrony is rolling out their newest credit card – the Synchrony HOME Credit Card. With this card, people earn 2% cash… Continue reading

Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Earn 5% cash back at different places each quarter like gas stations, grocery stores, restaurants, Amazon.com and more up to the quarterly maximum, each time you activate.
For Excellent, Good Credit
INTRO OFFER: Discover will match ALL the Miles you've earned at the end of your first year, automatically. For example, if you earn 30,000 Miles, you get 60,000 Miles. That's $600 towards travel!
For Excellent, Good Credit
Earn unlimited 1.5% cash back on every purchase, every day
For Average, Fair, Limited Credit
You've successfully subscribed!

Please specify the following:All these fields are optional

Your Credit History
Themes you are interested in:

By providing this information you help us make our news letters more useful and informative. Thank you!