SBI Card — a joint venture between SBI and US conglomerate GE — too has a tie up with the airline, under which it offers free flights to its valued customers and regular credit card users. The companies, however, said they were closely monitoring the current situation and the current crisis would not dent their brand value.
“We are hoping that Kingfisher steers out of the crisis soon but we have also started working on providing alternative plans for our customers,” a senior executive of American Express told Hindustan Times.
Card holders who have won enough “reward points” could even get back cash in exchange of their accumulated reward points. Amex has already held a meeting to take stock of the situation on Friday.
A spokesman for ICICI Bank said that though customers would be provided with other equivalent benefits, there was no immediate cause to worry, ” he said.
# # #
Deal4loans.com is a completely independent Loan comparison service and our directory of lenders gives you all the information you need about the online loan companies you are considering and what they offer.