The new Bancolombia American Express card will have no management fee



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Salomón Asmar Soto – [email protected]

Bancolombia has announced the launch of its first credit card with no handling fees: the Free American Express Card, developed to complement the organization’s portfolio for its customers.

“Our bank premise is about listening to our customers, and that’s what happened here: we understand that people want to have a means of payment that at the same time funds their consumption needs and has no associated charges.” said Cristina Arrastía, Bancolombia’s Vice President of Business.

In this sense, the specifications of the card have been defined, which offers quotas between $ 400,000 and $ 10 million, billing in pesos and dollars, the possibility of canceling the debt in the time that the customer prefers, modification of the term of purchases, as well as advances of the total amount with disbursement on account.

“This charter is the materialization of a purpose that as an organization leads us to promote economic development that impacts on the well-being of every Colombian”, added Arrastía, underlining that it is a product that completes Bancolombia’s offer, in which we they are a card for every style and moment of life.

To meet the demand for a product without a handling fee, the organization eliminated the costs of having special benefits associated with a credit card, such as insurance, medical care, home, travel, and accumulation. points, among others.

“American Express is proud to present this alliance which demonstrates our brand’s commitment to the country, as well as the desire to continue investing in the Colombian market with the best value proposition for customers,” said Carolina Lamiaux, Regional Manager business development at American Express.

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