Ola partners SBI to launch Ola Money SBI Credit Card with no joining fee. Eminently however, Paytm tied up with Citi prior this week to release its own co-branded credit card, the Paytm First Credit Card. With these two consecutive Visa declarations, the co-branded credit cards are back in highlight in the nation, despite the fact that co-branded credit cards are not really another idea.
The Ola Money SBI Credit Card, which is powered by Visa and is professed to give flexible, seamless and advantageous payments to the car hailing platform’s users. Ola is focusing on 10 million Ola Credit Cards to be issued by 2022.
Ola users will almost certainly apply for, manage, and view their Ola Money SBI Credit Card legitimately on the Ola application with a couple of taps, an organization proclamation said. Intrigued buyers can likewise select for the credit card on the Ola site.
Card users will likewise profit by the cashback and rewards, in a split second credited to their accounts as Ola Money with lifetime legitimacy which can be recovered against Ola rides just as flight and lodging bookings.
Cashback examples shared by the organization incorporate 7 percent cashback on Ola Cab burns through, 5 percent cashback on flight bookings, 20 percent cashback on local lodging bookings, 6 percent cashback on universal inn bookings, 20 percent cashback on more than 6,000 eateries the nation over, 1 percent cashback on different spends, lastly, 1 percent extra charge waiver on all fuel transactions.
Called the Paytm First Card, it is touted to offer 1 percent universal unlimited cashback to users alongside no confinements on acquiring classes. While the Paytm First Card accompanies a yearly charge of Rs. 500, the charge is professed to be postponed if the spends surpass Rs. 50,000 every year.
Robert Arviso is an Android developer and YouTuber from Houston. His interests are ranging from anything to do with mobiles, computers and gaming. In free time, Robert loves to play games and watch movies.