On July 28, 2020 Indian Railway Catering and Tourism Corporation Limited(IRCTC) and SBI Card launched a co-branded contactless credit card, IRCTC -SBI Platinum Card on RuPay Platform to reward the frequent railway(train) travellers. The card is equipped with Near Field Communication (NFC) technology by which users can facilitate their transactions at the point of sale(POS) machines by Tap and Pay Option. This enables consumers to transact safely and securely online.
- The card offers exclusive benefits for rail passengers on retail, dining, entertainment besides transaction fee waivers. It also offers maximum savings proposition on their travel
Key Benefits of the cardholders
i.When the cardholders make bookings on IRCTC website, they will receive up to 10% value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car & AC Chair Car bookings
ii.It offers online transaction fee waiver (1% of transaction amount), 1% fuel surcharge waiver and 4 premium lounge free access at Railway stations in a year (one per quarter).
iii.Upon activation of the card the cardholders will receive 350 Bonus Reward Points.
iv.The accumulated reward points can be redeemed against purchase of train tickets on IRCTC’s ticketing website.
v.It also offers several benefits for online shopping portals. The customers can avail discounts when shopping on e-commerce sites.
Recent Related News:
i.Yes Bank & Affordplan Jointly Launched Co-Branded Healthcare Card Called ‘Swasth Card’ under Swasth program with the aim to enable families plan and manage their finances for their healthcare needs.
ii.SOLV partnered with Standard Chartered Bank to Launch Credit Card for MSMEs
About IRCTC:
Headquarters– New Delhi, India
Chairman & Managing Director– Mahendra Pratap Mall
About SBI Card:
Headquarters– Gurgaon, Haryana.
Managing Director(MD) and Chief executive Officer(CEO)– Hardayal Prasad(will retire on July 31, 2020) Ashwini Kumar Tewari to take charge from August 1, 2020.
