Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

SBI Card partners with Fabindia to launch Fabindia SBI Card

Posted On: 2021-06-24 07:33:40 (Time Zone: UTC)


SBI Card, India's second-largest credit card issuer and Fabindia, India's largest retail platform for a wide range of handcrafted products by the artisans of the country, 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.

The new co-branded contactless credit card combines the best in class rewards points on retail spends with value back on varied spends categories, thus addressing 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 INR 30,000 and INR 75,000 respectively. Fabindia SBI Card SELECT offers 10% value back to customers buying in-stores at Fabindia along with complimentary domestic airport lounge access. The card also offers milestone benefits worth INR 1250 on quarterly spends of INR 200,000, in the form of gift vouchers. The Fabindia SBI Card SELECT customers also get Fabindia gift vouchers worth INR 1500 as a welcome gift.

Speaking about the partnership, Mr. Rama Mohan Rao Amara, Managing Director & Chief Executive Officer, SBI Card, said, "It has always been our endeavor 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."

Mr. 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."

Highlights of Fabindia SBI Card SELECT and Fabindia SBI Card

Fabindia SBI Card SELECT

- Welcome Benefit: Fabindia gift vouchers worth INR 1500.

- Direct access to Fabfamily loyalty programme Platinum Tier, which was provided to customers only after qualifying the annual spending of INR 75,000. Fabfamily loyalty programme offers many benefits, like, Shopping by appointment, Preview to Sales & launch of new collection, among others.

- Milestone Benefit: Gift vouchers worth INR 1250 on achieving quarterly spends of 02 lakhs.

- Airport Lounge Access: 04 Complementary Domestic Lounge (one per quarter) & Priority Pass Membership.

- Fuel surcharge waiver available at a cap of INR 100 per month.

- Annual fee reversal on annual spends of INR 200,000.

Reward Points:

- 10 Reward Points on every INR 100 spent in-store at Fabindia
- 03 Reward Points on every INR 100 spent on dining, movies and entertainment
- 02 Reward Points on every INR 100 spent on international spends
- 02 Reward Points on every INR 200 spent on other spends

Fabindia SBI Card

- Welcome Benefit: Fabindia gift vouchers worth INR 500.

- Direct access to Fabfamily loyalty programme Gold Tier, which was provided to customers only after qualifying the annual spending of INR 30,000.

- 0Milestone Benefit: Gift vouchers worth INR 750 on achieving quarterly spends of 01 lakhs.

- Fuel surcharge waiver available at a cap of INR 100 per month.

- Annual fee reversal on annual spends of INR 100,000.

Reward Points:

- 05 Reward Points on every INR 100 spent in-store at Fabindia
- 02 Reward Points on every INR 100 spent on dining, movies and entertainment
- 01 Reward Points on every INR 100 spent on international spends
- 01 Reward Points on every INR 200 spent on other spends

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 INR 499/- and INR 1499/- respectively.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

Multi Commodity Exchange of India Limited Q1FY22 consolidated PAT at Rs. 39.80 crores

pTron launches country's first Made-in-India Active Noise Cancellation TWS Earbuds with Pooja Hegde

Aksharchem India Ltd resumes production of H-Acid plant at Indrad

IMFA Q1 FY22 results boosted by higher FeCr prices

Gayatri Projects Limited inks MoU with overseas investor for exploring fund infusion

United Drilling Tools Ltd Board declares First Interim Dividend of Rs. 0.60

Avantel Ltd receives order for Rs. 7.80 crore

ITC Ltd reports consolidated net profit of Rs. 3343.44 crores in Q1FY22

Mayukh Dealtrade Ltd Q1FY22 net profit at Rs. 25.44 lakhs

Kothari Fermentation and Biochem Ltd posts Rs. 1.70 crore PAT in Q4FY21

Vivanza Biosciences Ltd Q1FY22 consolidated PAT at Rs. 32.18 lakhs

Zee Media Corporation Ltd Q1FY22 consolidated loss at Rs. 9.06 crore

Sacheta Metals Ltd Q1FY22 PAT at Rs. 0.44 crore

ICICI Bank Ltd reports consolidated PAT of Rs. 4747.42 crore in Q1FY22

Zenotech Laboratories Ltd Q1FY22 PAT rises to Rs. 3.49 crore

CyberTech Total Revenue for Q1FY22 was Rs 351 million, up by 12.4% QoQ basis

NILA Spaces Limited to develop residential project at GIFT City, Gandhinagar

Raymond strengthens its board through the appointment of new director

KPI Global Infrastructure Ltd to migrate to main board of BSE and NSE

United Drilling Tools Ltd Q1FY22 PAT rises to Rs. 14.12 crore

Sportking India Ltd Q1FY22 net profit zooms to Rs. 78.99 crore

Jasch Industries Ltd Q1FY22 PAT slips QoQ to Rs. 3.10 crore

G N A Axles Ltd Q1FY22 consolidated PAT jumps to Rs. 29.46 crore

Chembond Chemicals Ltd Q1FY22 consolidated net profit at Rs. 4.78 crore

Camex Ltd Q1FY22 consolidated loss at Rs. 53.73 lakhs

Automotive Stampings and Assemblies Ltd Q1FY22 loss at Rs. 8.80 crore

Zen Technologies Ltd Q1FY22 consolidated loss at Rs. 1.13 crore

Hikal Ltd halts factory operations temporarily at Mahad unit due to flooding

Trishakti Electronics and Industries Ltd Q1FY22 PAT at Rs. 28.13 lakhs

Indian Metals and Ferro Alloys Ltd Q1FY22 consolidated PAT jumps to Rs. 99.09 crores

H G Infra Engineering Ltd receives LOA from NHAI for UER project in Delhi

JSW Steel Limited completes payment of consideration to Welspun Corp for acquisition of PCMD business

3P Land Holdings Ltd Q1FY22 consolidated PAT at Rs. 8.62 lakhs

ICRA reaffirms longterm rating of Cantabil Retail India Ltd

ICRA Ltd assigns rating to Edelweiss Financial Services Limited

Majesco to build a Proptech Ecosystem, to acquire 51% stake in K2V2 Technologies Pvt Ltd

Transcorp International returns to Cash Profits - remains bullish on outward remittance and PPI Payments Systems business

Dynamatic Technologies Ltd concludes sale of foundry business

Veer Global Infraconstruction Limited acquires land in Vasai, Palgarh

Kirloskar Industries Limited's arm approves revised plan for its land parcel at Kothrud, Pune

Aurionpro Solutions Ltd posts Q1FY22 consolidated PAT of Rs. 14.21 crore

CyberTech Systems and Software Limited Q1FY22 consolidated net profit at Rs. 3.94 crore

Reliance Industries Ltd Q1FY22 consolidated net profit declines to Rs. 12273 crores

Symphony Ltd Q1FY22 consolidated PAT at Rs. 6 crore

Artson Engineering Ltd reports net profit of Rs. 55.53 lakhs in Q1FY22

Dynamatic Technologies Ltd Q1FY22 consolidated PAT at Rs. 2.52 crore

Majesco Ltd Q1FY22 loss at Rs. 2.41 crore

Sat Industries Ltd Board recommends Dividend of Rs. 0.10

Navkar Corporation Ltd board approves expansion plan

N R Agarwal Industries Limited's ratings reaffirmed, rated amount enhanced


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020