Mercedes Benz Teams with AmEx for Upscale 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 » Mercedes Benz Teams with AmEx for Upscale Card

Mercedes Benz Teams with AmEx for Upscale Card

Mercedes Benz Teams with AmEx for Upscale Card
The content is accurate at the time of publication and is subject to change.

The co-branding of Mercedes Benz with American Express may seem like somewhat of a no-brainer, as both names conjure up luxurious associations for so many. The two cards being trotted out – the “Mercedes-Benz Credit Card from American Express” and the “Platinum Card from American Express Exclusively for Mercedes Benz” – feature a co-mingling of perks from both the Membership Rewards program of American Express and the annual benefits offered by Mercedes-Benz.

American Express has teamed up with other companies to offer a co-branded card a handful of times before. Prior partnerships include companies such as JetBlue and Delta Airlines.

“Partnerships are an important part of our consumer card strategy, and we are excited to welcome Mercedes-Benz to our growing family of co-branded cards and to our Membership Rewards program,” announced Gunther Bright to autoremarketing.com. He is the sitting senior vice president and general manager of co-brand partnerships at American Express.

“This truly is a world-class collaboration. We’re offering Mercedes-Benz enthusiasts what they value most — premium rewards that benefit their lifestyle and their vehicle.”

Consumers can choose between the Mercedes-Benz Credit Card from American Express, offering a slew of perks including5X rewards points at Mercedes-Benz dealerships, 3X points for gas purchases, 2X points at restaurants and a $500 certificate toward the purchase or lease of a new Mercedes-Benz. This, after spending $5,000 and all for a $95 annual fee. The Platinum Card from American Express Exclusively for Mercedes-Benz avails holders ofaccess to Airport Clubs, The Fine Hotels & Resorts Program and Platinum Card Concierge, a $200 Airline Credit, no foreign exchange fees, a $1,000 certificate toward the purchase or lease of a new Mercedes-Benz after spending $5,000 and more, but all for a $475 annual fee.

“Our research has shown that existing customers really want to see their experience deepen with the brand,” said Geoff Robinson, Mercedes-Benz’s vice president of marketing for Mercedes-Benz Financial Services, according to the Wall Street Journal.

Because the cards are co-branded, anyone who enrolls is included automatically in American Express’s Membership Rewards program where they can then redeem any points for vacations, tickets to concerts and various gift cards. Points can also be converted into airline frequent-flier mile programs for award seats.

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 Visa Cards From CRYPTO.com

Posted: July 17, 2018

CRYPTO.com, a payments and cryptocurrency platform, is now offering three new cards - Icy White, Jade Green and Royal Indigo. These are Cryptocurrency-based credit cards. With them, people can get a wide range of perks and benefits, ... Continue reading
A New Priority Pass Restaurant and Lounge in Washington D.C.

Posted: July 16, 2018

Hitting the lounge for some rest and relaxation when flying can be a great perk. And now people with Priority Pass membership - or a credit card giving them Priority Pass lounge access - have two new options to check out when passing ... Continue reading
New LL. Bean Credit Card

Posted: July 13, 2018

L.L. Bean's credit card portfolio was purchased by Citi Retail Services, and they have now partnered with MasterCard to launch a new credit card, offering 4% on purchases made at L.L. Bean. But that is not all; With the L.L. Bean ... 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, or wholesale clubs up to the quarterly maximum each time you activate.
For Excellent, Good Credit
We'll match all the Miles you've earned at the end of your first year. For example, if you earn 30,000 Miles, you get 60,000 Miles.
For Excellent, Good Credit
0% Intro APR on Balance Transfers and Purchases for 18 months. After that, the variable APR will be 15.74% - 25.74% based on your creditworthiness*
For Excellent, Good 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!