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ABN Amro Bank Freedom Card Review

  • ABN Amro Freedom Card is designed exclusively for shoppers as it earns them those shopping privileges and benefits. Though the benefits on offer are discount benefits and Reward Points program which are common among most shopping cards the card has nothing new or exclusive to offer its users.

    As for the card’s Reward Points program it allows its users to earn one point for every Rs 100 spent. Though the value of each Reward point is not known yet they can be redeemed for exciting range of gift vouchers. Surprisingly, the card does not have feature like Cash Back which is extremely common among shopping cards. Thus even though the card has few good features the major ones are missing.

    Another setback for the card is its high cost. The card has a Joining fee of Rs 295 and Annual fee of Rs 595. The features which are common to most other shopping cards, does not justify its high cost.

    The card can be compared to other similar shopping cards like SBI Silver and More Card and Axis Bank Silver Credit Card. The card when compared to these cards is similar on offerings but very high on cost. Also the interest rate charged on the card is 3.5% p.m. which again is high in comparison to the other two cards.

    Reward Points 3
    Interest Rate 3
    Joining and Annual fees 2
    Benefits 2
    Over limit penalty 2

     

    Published on August 4, 2010 · Filed under: ABN Amro Bank Credit Card;
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