MoneyWorks4Me

SBI’s JV ties up with Air India to launch distinct travel credit card

17 Sep 2013 Evaluate

SBI’s joint venture (JV) - SBI Cards has tied up with Air India to launch distinct travel credit card for Indian customers. This new Air India SBI Card allows a customer to instant access at 1 million Visa ATMs worldwide including over 18,000 Visa ATMs in India and more than 10,000 State Bank ATMs spread across more than 100 cities in India.

This new card also allows a customer spending Rs 5 lakh in a year to earn up to three Delhi-Mumbai return tickets on Air India. Further, this new Credit Card will provide best-in-class travel experiences and benefits to business and leisure travelers.

SBI Cards is a joint venture between State Bank of India, the country's oldest and largest bank, and GE Capital to offer Indian consumers extensive access to a wide range of world-class, value-added payment products and services.

Peers
Company Name CMP
State Bank Of India 952.80
PNB 114.30
Bank Of Baroda 234.55
Canara Bank 119.00
Union Bank Of India 173.00
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