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Amazon India Credit Cards Essay

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105. Amazon India Credit Card Offers

Amazon India frequently runs promotions, offers, deals, and discounts to encourage more customers to shop products from them. The lucrative deals they run have made them a customer’s favourite and have also helped them stay ahead of their competition in India. A huge chunk of the discounts and offers are reserved for credit card users from different banks. However, there are also campaigns run by Amazon India during specific times of the year during which they offer huge discounts to all of their customers who shop during the offer period.

They have heavy sales during festivals such as Diwali, Holi, Christmas, Eid, etc. There are also season-based sales such as the Spring Sale, Summer Sale, Monsoon Sale, …show more content…

3000 or higher. The bank charges a uniform interest rate of 14% on all of the EMI plans. You can easily opt for an EMI plan of a longer duration since the interest rate is low to repay for the products you bought with your SBI Card.

CitiBank EMI Plan: CitiBank brings many amazing offers to its credit card holders. One of them is the EMI plan when they shop on Amazon. When the customer does a transaction worth Rs. 3000 or more, he can choose to repay it over the course of 3, 6, 9, and 12 months at a nominal interest rate instead of paying it in one month. The interest rate for 3 and 6 months is 13% and for 9 and 12 months is 15%.

Kotak Mahindra Bank EMI Plan: Kotak Mahindra Bank, also known as Kotak Bank, allows people shopping on Amazon using their Kotak Bank credit cards to pay for their purchases to avail amazing deals. One of the ongoing offers is to convert their purchases into 3, 6, 9, or 12 months EMI by opting for it while making the payment. The bank levies a nominal interest rate of 12% for EMI plans of 3 and 6 months and 14% for EMI plans of 9 and 12 …show more content…

You need to check with your bank before planning to prepay your EMI. Some banks levy foreclosure charges at 3% of the outstanding balance
• Minimum merchant EMI booking amount is set at Rs. 3000. The amount can vary depending on the merchant
• The first EMI is billed on the first credit card billing date that falls post the date of purchase. Subsequent EMIs are also billed on the billing date of the credit card
• A customer has to choose the EMI payment plan when he/she proceeds to make the payment for the Amazon products
• The customer will only see the EMI offer if the purchase is eligible for this Amazon India credit card offer
• In the case of return, exchange or refund, deducted interest for the EMI plan is not

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