SBI Cards & Payment Services, in partnership with Fabindia, launched co-branded contactless credit cards named ‘Fabindia SBI Card’ and ‘Fabindia SBI Card SELECT’ to offer a rewarding shopping experience to its premium customers.
- The contactless credit card provides reward points for the premium cardholders on their retail spending with the value back on varied spending categories.
Benefits of Fabindia SBI Card SELECT Fabindia SBI Card:
i.It offers 10 percent value back to customers for buying in-stores at Fabindia along with complimentary domestic airport lounge access.
ii.It also offers milestone benefits worth Rs 1,250 on quarterly spending of Rs 2,00,000, in the form of gift vouchers.
iii.Customers with these cards are provided direct entry to FabFamily loyalty programmes and avail its benefits (which was provided for customers with annual spending over Rs 30,000 to Rs 75,000).
Recent Related News:
ICICI Bank and SBI Cards have a strong growth in new Credit card issuance from December 2020 to February 2021, after the temporary halt of HDFC Bank Ltd from issuing new cards from December 2020.
About SBI Cards and Payment Services:
It is India’s 2nd largest credit card issuer.
Establishment – 1998
Headquarters – Gurgaon, Haryana
MD & CEO – Rama Mohan Rao Amara
About Fabindia:
It is India’s largest private platform for Handicraft and Traditional Skills.
Establishment – 1960
Headquarters – New Delhi
MD and CEO – Viney Singh
