SBI Card and Indian Railway Catering and Tourism Corporation Ltd (IRCTC) recently launched the IRCTC SBI Card on the RuPay platform. Designed to reward frequent railway travellers, the card offers travellers on Indian railways maximum savings proposition on their travel, together with superior benefits on retail, dining and entertainment, besides transaction fee waivers.
Cardholders of IRCTC SBI Card on RuPay platform will receive upto 10% value back on AC1, AC2, AC3, AC CC bookings made on IRCTC website. The card also offers a 1% transaction fee waiver and 350 Bonus Reward Points upon card activation. Reward points accumulated on the card can be redeemed against free tickets on IRCTC website stated an official release from SBI.
The card is equipped with Near Field Communication (NFC) technology therefore customers can simply tap their cards at a secure reader for convenient, secure and faster transactions.
The Minister of Railways and Commerce & Industry Government of India, Mr Piyush Goyal said “The IRCTC-SBI co-branded credit card is one of the many Make in India activities undertaken by the Railways. It is my belief that IRCTC SBI Card on RuPay platform will be the most popular choice of card across all strata of society. This card will make us self- reliant and I also urge all the citizens to come forward and make their contribution in creating an Aatmanirbhar Bharat.
Some highlights of IRCTC SBI Card:
- Upto 10% value back on AC1, AC2, AC3, AC CC bookings made at irctc.co.in
- 1 % transaction fee waiver on bookings made through IRCTC website
- 350 activation bonus reward points
- Redemption of reward points on IRCTC website for free tickets
Commenting on the occasion, Mr Rajnish Kumar, Chairman, State Bank of India, said, “The market of frequent rail travellers in India is vast and there is huge potential for credit cards catering exclusively to the needs of such travellers. IRCTC SBI Card, launched in 2006, is one the best performing travel products from SBI Card. With the launch of this flagship product onto the indigenous RuPay network, a wider audience will be able to avail of the strong value proposition offered by the card. With this launch, SBI Card once again reaffirms its commitment to bring consumers secure, value added, cashless payment solutions.”
Also commenting on the partnership, Mr. M.P. Mall, Chairman and Managing Director, IRCTC said, “IRCTC is one of the most widely used travel portals in the country and operates around 72% of the reserved train ticket bookings business in India. This partnership with SBI Card adds another feather in our cap with its launch and extends another Co-Branded Credit Card / Loyalty programme on RuPay Platform.”
In addition to savings on rail travel, the IRCTC SBI card offers several benefits for online shoppers. Customers can avail attractive discounts while shopping at BigBasket, OXXY, foodfortravel.in, Ajio, etc.