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Irina Kamkhadze: We see no downward tendency of Visa growth rates in Armenian market

VTB Bank (Armenia) Visa cardholder becomes winner of Summer with VTB campaign and gets a vacation package to Malta for two persons

Delegation of IFC and EBRD visits Amulsar Gold Project site

Oppositionist: The case with ASALA veteran demonstrates state terrorism in Armenia

Armenia's Health Care Ministry organizes a training course to assess local doctors' readiness for Ebola

Naira Zohrabyan: There is no sector in Armenia where human rights are not breached

Speaker of the Armenian parliament agrees to the idea that there are numerous unsettled conceptual problems in the republic

Gabor Brodi: Armenia must not choose between European Union and its neighbors in the region

A delegation of South Caucasus Railway to attend 61st meeting of CIS Rail Transport Council in Baku

Georgian Ambassador: Armenia and Georgia are facing problems in their trade relations

ACBA-Credit Agricole Bank sums up CASHBACK QUEST results

Social Democratic (Hnchakyan) Party (SDHP) urges Armenia's leadership to inform the world community of Ankara's intention to seize Kessab

Heritage: Shant Haroutiunyan was convicted after Serzh Sargsyan's notorious speech at Columbia University in U.S.

Eduard Sharmazanov: Fairy-tales of the Turkish authorities about the Armenian genocide are simply funny

Between October 25-31 the 6th edition of ReAnimania to be held in Yerevan

Opposition MP Nikol Pashinyan urges Armenian Parliament to define concept of political prisoner

Armenian National Congress to do its best to free Shant Harutyunyan and his friends

Expert: Armenia's path and prospects in Eurasian Economic Union are vague

MP: Armenia, which has a ruined agriculture, can offer nothing to Eurasian market

Orphan Rug showcase in Washington is connected with tension in Turkish-US relations, Turkish media report

Naira Zohrabyan: Verdict against Shant Harutyunyan demonstrates that Armenia's judicial system is not independent

Armen Martirosyan: Armenian authorities do not want Armenia to lag behind Azerbaijan by number of political prisoners

OSCE MG Co-Chairs discuss preparations for upcoming summit hosted by French President later this month in Paris

VivaCell-MTS is the General Partner of the International Microelectronics Olympiad of Armenia

Beeline awards winners of My Beeline Armenia contest

RA Ombudsman Karen Andreasyan hosted at VivaCell-MTS

Armenia presents books on Armenian Genocide at Frankfurt Book Fair

Leader of Tseghakron Party Shant Harutyunyan sentenced to 6 years in jail, his son given a 4-year suspended sentence

Habitat for Humanity Armenia with the support of INECOBANK repairs entrances of apartment house in Yerevan's Shengavit community

Tatul Manaseryan: Armenia must not cherish hopes that EEU membership will give it more investments

Raffi Hovannisian hopes the opposition's steps will be clarified on October 24

Alexander Iskandaryan: Peace and war are the two things Russia does not need in the South Caucasus

VTB Bank (Armenia) reopens three more renovated branches

VTB Bank (Armenia) reopens three more renovated branches

Lydian International expected to launch gold recovery in Armenia in first half of 2017

Howard Stevenson: Amulsar Gold Project will change "bad reputation" of mining industry in Armenia

Yerevan: Baku's statements once again show Azerbaijan's dalliance with the upcoming Sargsyan - Aliyev meeting in Paris

Ambassador: Festival of Iranian film to be held in Yerevan

Kirsan Ilyumzhinov: Love for chess is in Armenians' blood

Heritage Party: Agreement on Armenia's accession to Eurasian Economic Union is non-constitutional

INECOBANK and Rostelecom issue a joint credit card for Rostelecom subscribers

Artak Zakaryan: Armenia is ready to cooperate with the EU in all the fields possible

ACBA-Credit Agricole Bank announces a CASHBACK QUEST contest for AmExR Cashback cardholders

  • by Erik Abrahamyan

  • Monday, August 25, 19:46

 ACBA-Credit Agricole Bank has announced a CASHBACK QUEST competition for the American ExpressR Cashback cardholders. The press service of the Bank has told ArmInfo that the citizens and residents of Armenia above 18 have an opportunity to receive 10 money prizes worth 150 thsd AMD each, as well as the main prize worth 1.5 mln AMD.

The source says that to participate in the contest one should register at www.cashbackcard.am before 12 September 2014 and apply to the Bank for an American Express Cashback card. The first year of service will be free for all the participants. The CASHBACK QUEST contest starts on 27 September and will last till October 17, 2014. The contestants will be given various tasks. After settling each task, the participants will earn bonus points, and the participant with the biggest number of bonus points will be the winner. The more tasks are settled, the more bonus points are accumulated. Further information is available at www.cashbackcard.am.

To remind, in July 2014 ACBA-Credit Agricole Bank and American Express announced the issue of the American ExpressR Cashback card, which is an innovative product allowing the cardholders to manage their funds and accumulate compensations by CASHBACK payments. CASHBACK makes the daily purchases of the cardholders more profitable because it covers all purchases made in Armenia. The holders of American ExpressR Cashback cards offer 1% cashback for all point of sale transactions made in Armenia or 2% cashback for all transactions in a number of supermarkets in Yerevan and regions of Armenia. The American ExpressR Cashback card is the first American Express card in Armenia, which can be provided without any credit line.

According to the Analytical Review "Armenian Banks in Card Business" prepared by ArmInfo, ACBA-Credit Agricole Bank initiated the introduction of American Express cards and opened a new field for development of the card market in Armenia. At the initial stage (in March 2010) the Bank received the right to service the AmEx cards in the trade outlets of Armenia. Afterwards, it became the exclusive agent of American Express and on 23 November 2010 the Bank launched the issue of American Express Gold cards. In October 2011 ACBA-Credit Agricole Bank introduced an unprecedented card product in the Armenian market - American Express Blue Card (AmEx Blue). Along with it, ACBA-Credit Agricole Bank issues and services local ArCa cards and international Visa and MasterCards. By the number of active ArCa cards, the Bank is among the TOP-3, and by the number of Visa and MasterCards it is among the TOP-5. The Bank is ranked 2nd in terms of plastic transactions and it is in the lead in the number of ATMs and POS terminals (187 and 1210, respectively).

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