Mercedes Benz Partners with American Express for New Credit Card

August 22, 2011, Written By Lynn Oldshue

Mercedes Benz and American Express have partnered to offer two new co-branded credit cards. The cards offer Membership Rewards program from American Express and annual benefits from Mercedes-Benz. Cardmembers can earn and redeem points for premium rewards that they can use to travel, shop and now service or purchase a Mercedes-Benz vehicle.

The Mercedes-Benz Credit Card from American Express cardholders receive 5 points for every dollar of eligible purchases at authorized Mercedes-Benz dealerships (excluding monthly loan and lease payments), 3 points for every dollar of eligible purchases of automobile gasoline (individual purchases of $400 or less) at domestic stand-alone gas stations. 2 points for every dollar of eligible purchases at restaurants, 1 point on all other eligible purchases. The card has a $95 annual fee.

The Platinum Card from American Express exclusively for Mercedes-Benz offers slightly less points per purchase (5 points for every dollar of eligible purchases at authorized Mercedes-Benz dealerships, 1 point on all other purchases) but does give the cardholder a $200 airline credit as well as access to airport clubs and a concierge service. This card has an annual fee of $475.

Both of these co-branded cards waive some excess miles at lease-end (1,000 and 2,000 respectively), award an annual certificate for Mercedes-Benz accessories ($50 and $100), and give a certificate toward the purchase or lease of a new Mercedes-Benz after spending $5,000 ($500 and $1,000). The certificate must be used within one year of the issue date.

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The information contained within this article was accurate as of August 22, 2011. For up-to-date
information on any of the terms, cards or offers mentioned above, visit the issuer's website.

About Lynn Oldshue

Lynn Oldshue has written personal finance stories for for twelve years. She majored in public relations at Mississippi State University.
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