Does American Express works in India?

American Express in India predominantly works with private lenders such as ICICI Bank, HDFC Bank, Citibank and IndusInd Bank to issue premium travel and leisure cards through various co-branded merchant tie-ups. India has 62.3 million credit cards and 902.3 million debit cards in circulation.

How can I surrender my Amex card in India?

The cardholder simply has to call the customer care number printed on the back of their credit card. Once connected they have to let the representative know why they want to cancel the account and share certain details to establish identity.

Is American Express issuing new cards?

American Express (Amex) is set to partially resume business in India from next month after it was temporarily banned by the Reserve Bank of India (RBI) from issuing new cards to domestic customers over non-compliance with data localisation rules.

Which Indian Bank has American Express card?

American Express in India predominantly works with private lenders such as ICICI Bank, HDFC Bank, Citibank and IndusInd Bank to issue premium travel and leisure cards through various co-branded merchant tie-ups.

Can I use my American Express card internationally?

You can use your US Amex card abroad to make purchases or withdraw cash. In many places in Europe, for example, stores and restaurants prefer not to accept Amex payments because of higher merchant charges.

How can I cancel my American Express card online in India?

Online

1. Go to the Amex website.
2. Log in to your online account.
3. Find the live chat icon in the lower left-hand corner of your screen.
4. Click Chat to start talking to a customer service representative.
5. Once connected, let them know you want to cancel your credit card.

Can I cancel my American Express card online?

You cannot cancel American Express cards online through your account. However, it is possible to cancel your cards via chat.

Why did RBI stop Amex?

Amex is planning to partially resume its business in the country three months after the central bank suspended it for violations. The RBI had prohibited Amex and Diners Club on April 23 from issuing new cards on their networks due to data storage violations.

Is American Express a bank?

An online-only bank with no monthly fees and no balance requirements. 1 Besides credit cards, though, the online-only American Express Bank offers a couple of personal banking options, including a high-yield savings account and certificates of deposit (CDs).