IndusInd Bank partners with Tiger Fintech to launch a co-branded credit card

IndusInd Bank and Tiger Fintech - a BajajCapital Group company, today announced the launch of the IndusInd Bank Tiger Credit Card, a co-branded credit card powered by Visa. With this launch, customers will get access to best-in-class creditcard to meet their lifestyle needs.

The credit card comes with a host of attractive benefits including a carefully crafted 'Magnificent Rewards Program' where customers earn up-to 6X accelerated rewards. Cardholders will also be able to convert their rewards points to air miles and enjoy discounted foreign currency mark-up of 1.5% on international spends.

This co-branded credit card also offers access to complimentary benefits like 24x7 concierge facility, domestic and international lounge access at the airports, games/lessons of golf, assured movie tickets and many other entertainment benefits.

Speaking on the development, Mr. Soumitra Sen, Head - Consumer Banking and Marketing, IndusInd Bank, said "IndusInd Bank has always been a pioneer in bringing forth some of the most innovative propositions through its exclusive suite of credit cards and various strategic alliances. We are delighted to partner with Tiger Fintech (A Bajaj Capital Group Company) to launch this co-branded credit card 'IndusInd Bank Tiger Credit Card'. This partnership is a testament to our dedication in providing lifestyle-based solutions and expanding our offerings to meet the evolving needs of our customers."

Mr. Sanjiv Bajaj, Director, Tiger Fintech (A Bajaj Capital Group Company), added, "Our collaboration with IndusInd Bank to launch this co-branded credit card amplifies our commitment to delivering value to our customers. This card transcends the boundaries of traditional financial services, offering benefits that enrich our customers' lifestyle and entertainment experiences. This strategic alliance between the two brands empowers our customers with a bundle of benefits that extend beyond their fundamental banking and finance needs, enhancing their overall financial journey."

Mr. Sujai Raina, Vice President and Head of Business Development, India for Visa,said, "We are delighted to partner with IndusInd Bank and Tiger Fintech to launch this co-branded credit card that unlocks great value for consumers through a curated set of benefits including accelerated rewards, lifestyle privileges and discounted fees for international transactions, backed by Visa's promise of a safe, secure and seamless payment experience."

Shares of IndusInd Bank Limited was last trading in BSE at Rs. 1381.10 as compared to the previous close of Rs. 1393.95. The total number of shares traded during the day was 43024 in over 3159 trades.

The stock hit an intraday high of Rs. 1393.90 and intraday low of 1369.00. The net turnover during the day was Rs. 59593480.00.

Source : Equity Bulls

Keywords

IndusIndBank INE095A01012 TigerFintech CoBrandedCreditCard PoweredbyVisa BajajCapital