New Delhi [India], October 8 (ANI): India's robust economic growth is driving a surge in demand for premium credit cards, especially among High-Net-Worth Individuals (HNWIs). As the country's GDP climbs to USD 3.5 trillion and personal fortunes expand, affluent Indians are seeking exclusive services, including credit cards that cater to their sophisticated needs.
Also Read | Australia Women vs New Zealand Women, ICC Women's T20 World Cup 2024 Match Live Streaming Online: How To Watch AUS-W vs NZ-W Free Live Telecast on TV?. The Reserve Bank of India has reported a 16.4 per cent year-on-year increase in credit card issuance, reaching 105.
4 million cards as of August 2024. Along with this, transaction volumes and average ticket sizes have grown due to increased spending on travel and leisure. In response to these trends, American Express India has launched an enhanced suite of benefits for its Consumer Platinum Card®, focusing on travel, lifestyle, and everyday conveniences.
Also Read | 70th National Film Awards 2024: Winners, Date and Telecast Time, All You Need To Know About the Prestigious Event. The updated offerings provide card members with additional value across key categories, including luxury hotel stays, dining discounts, and personalised global services. The revamped benefits offer a cumulative annual value of over Rs450,000, including a Rs60,000 welcome gift and three new elite-tier memberships that grant access to exclusive privileges.
Moreover, Platinum Card mem.
