SHOPPING SPREE! SBI Card, Fabindia join hands to launch an exclusive co-branded contactless credit card
SBI Card and Fabindia have joined hands to launch an exclusive co-branded contactless credit card – Fabindia SBI Card.
SBI Card and Fabindia have joined hands to launch an exclusive co-branded contactless credit card – Fabindia SBI Card.
The card is designed with thoughtfully curated benefits and privileges to offer a rewarding shopping experience to its premium customers and comes in two variants – Fabindia SBI Card SELECT and Fabindia SBI Card.
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Customers can apply for the Fabindia SBI Card and Fabindia SBI Card SELECT at the various Fabindia stores and online through the e-apply platform on the SBI Card website, Fabindia website & mobile application from the first week of July. Both the cards can be availed at the annual fee of Rs 499 and Rs 1,499, respectively.
"The new co-branded contactless credit card combines the best-in-class rewards points on retail spend with value back on varied spends categories, thus addressing the overall spending needs of premium cardholders. What’s more, the Fabindia SBI Card customer gets direct entry to Fabindia’s FabFamily loyalty programmes at higher tiers (Gold and Platinum) which is otherwise provided to the customers only after qualifying the minimum annual spending of Rs 30,000 and Rs 75,000, respectively."
Fabindia SBI Card SELECT offers 10 per cent value back to customers buying in-stores at Fabindia along with complimentary domestic airport lounge access. The card also offers milestone benefits worth Rs 1250 on quarterly spending of Rs 200,000, in the form of gift vouchers. The Fabindia SBI Card SELECT customers also get Fabindia gift vouchers worth Rs 1,500 as a welcome gift.
Speaking about the partnership, Rama Mohan Rao Amara, Managing Director & Chief Executive Officer, SBI Card, said, “It has always been our endeavour at SBI Card to bring best-in-class products, services and an unmatched experience to our customers. We are delighted to have Fabindia as our partners to bring yet another powerful and unique value proposition to our affluent and premium consumer segment. Introduction of the new Fabindia SBI Card further bolsters our premium portfolio, reinforces our commitment to enable our customers to embrace digital payments and contribute to the country’s digital economy.”
Viney Singh, Managing Director, Fabindia said, “We are pleased to announce the launch of Fabindia SBI Card, and our association with SBI Card, one of the most trusted names in India. The past year has been marked by fundamental shifts in the way we live and interact, amply underlined by the changing patterns evident in our spending, evolving priorities and growing reliance on technology. The solutions and incentives that Fabindia and SBI Card together bring to our customers are designed to contribute significant value and result in customer delight.”
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01:56 PM IST