On Tuesday, Railway Minister Piyush Goyal launched the IRCTC SBI Card on RuPay platform that is designed to reward frequent railway travellers 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 up to 10 percent value back on AC1, AC2, AC3, AC CC bookings made on the IRCTC website. The card also offers a 1 percent transaction fee waiver and 350 Bonus Reward Points upon card activation.
Reward points accumulated on the card can be redeemed against free tickets on the IRCTC website.
Launching IRCTC & SBI cobranded RuPay Credit Card https://t.co/wigeWNBTuB— Piyush Goyal (@PiyushGoyal) July 28, 2020
Equipped with Near Field Communication (NFC) technology, the card allows customers to simply tap their cards at a secure reader for convenient, secure and faster transactions.
Discounts on e-commerce websites such as BigBasket, OXXY, foodfortravel.in, Ajio and one percent fuel surcharge can also be availed.
"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 of 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," said Rajnish Kumar, Chairman, State Bank of India.