South Indian Bank and SBI Card, a credit card issuer has announced their collaboration to launch co-branded credit cards for the customers of South Indian Bank.
Through this alliance, South Indian Bank and SBI Card will launch two variants of credit card on VISA platform, namely South Indian Bank Platinum SBI card and South Indian Bank SimplySave SBI card.
While the South Indian Bank Platinum SBI card has been designed keeping in mind the premium customers and offers features in line with their lifestyle habits, the South Indian Bank SimplySave SBI card is aimed at the value conscious consumers. It offers rewards and features that take into account the spending requirements of customers who want accelerated rewards from their credit card.
K. Thomas Joseph, Executive Vice President (Admin), South Indian Bank, said the co-branded credit card offering in association with SBI card would be a perfect value addition for our customers, who can now enjoy enhanced facilities under the wide range of services offered under its ambit.
According to Vijay Jasuja, CEO, SBI Card, the partnership with South Indian Bank would be mutually beneficial, as it will help them to grow their customer base.
The Platinum and Simply SAVE credit cards will be offered at a joining fee of ₹2,999 and ₹499 respectively.
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