SBI has partnered with Fabindia to provide better facilities to the premium class customers. This will benefit customers in other things including digital transactions.
SBI Card partners with Fabindia
SBI Card has joined hands with lifestyle retail chain Fabindia for the convenience of the customers. Under this, a contactless co-branded credit card has been launched. Through which you will get a gift voucher of up to Rs 1500 for shopping and making the rest of the purchase. Apart from this, many other facilities including reward points will also be given. This card will be for the customers of the premium segment.
SBI Card said in a statement that the new co-branded contactless credit card combines best-in-class reward points on retail spending with value back on various spending categories, thus helping to meet the overall spending needs of premium cardholders. .
These benefits will be available with the welcome benefit
Through the new contactless card, customers will get gift vouchers of Rs 500 to 1500 as welcome benefit. In addition, there will be direct access to the Fabfamily loyalty program Platinum Tier, which is offered to customers only after qualifying for an annual spend of Rs 75,000. Apart from this, purchase by appointment, assessment of sales and launch of collection etc. are included. If there is a quarterly expenditure of 2 lakhs on this card, then you will get a gift voucher of Rs 1250. In this, fuel surcharge exemption will be available on a maximum limit of Rs 100 per month.
For every Rs.100 spent in the Fabindia store, you will get 10 Reward Points. Apart from this, 03 reward points for every Rs 100 spent on dining, movies and entertainment, 02 reward points for every Rs 100 spent on international expenses and 02 reward points for every Rs 200 spent on other expenses.
Partners expressed happiness
Ram Mohan Rao Amara, Managing Director and CEO, SBI Card said, “At SBI Cards, it has always been our endeavor to provide the best of products, services and a superior experience for our customers. We are delighted to bring to us yet another great proposition and associate with Fabindia. The launch of the new FabIndia SBI Card further strengthens our premium portfolio, will help enable our customers to embrace digital payments and contribute to the digital economy of the country.”
Vini Singh, Managing Director, Fabindia said, “We are delighted to announce the launch of Fabindia SBI Card, and our association with SBI Card, one of the most trusted names in India”.
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