American Express Business Development Executive Interview Questions and Answers

Credit card is a payment card issued to users as a method of payment.

• Credit cards allow users to borrow money up to a certain limit to make purchases.

• Users are required to pay back the borrowed amount along with interest and fees.

• Credit cards offer rewards and cashback programs to incentivize usage.

• Credit card companies charge merchants a fee for accepting payments through their network.

• Credit card fraud is a common issue and users should take precautions to protect their inf...read more

A credit card is a payment card issued by a financial institution that allows the cardholder to borrow funds for purchases.

• Credit cards are a convenient form of payment that allows users to make purchases and pay for them later.

• They provide a line of credit, which is essentially a loan from the issuing bank.

• Cardholders can use credit cards to make purchases online, in stores, or over the phone.

• Credit cards often come with rewards programs, such as cashback or travel points.

• CI...read more

I can contribute to HNI merchant sales by leveraging my strong network, strategic partnerships, and proven track record in driving revenue growth.

• Utilizing my extensive network of high-net-worth individuals to generate leads and referrals

• Establishing strategic partnerships with key players in the industry to expand market reach

• Implementing targeted marketing campaigns to attract HNI clients

• Leveraging my experience in driving revenue growth through effective sales strategies

• Pr...read more

Charge cards require full payment each month while credit cards allow for carrying a balance.

• Charge cards require full payment each month while credit cards allow for carrying a balance.

• Charge cards typically have higher annual fees and stricter credit requirements.

• Credit cards offer rewards programs and cash back incentives while charge cards do not.

• Examples of charge cards include American Express Platinum and Centurion cards while examples of credit cards include Visa and ...read more

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