Bank of Maharashtra and SBI Card Launch Co-Branded Credit Card

The Bank of Maharashtra (BoM) has partnered with SBI Card to introduce a new co-branded credit card, targeting discerning customers with premium and highly-rewarding shopping experiences. The joint venture aims to cater to diverse lifestyle needs, providing benefits such as accelerated reward points, fuel surcharge waivers, and exclusive discounts on travel, dining, and shopping. The card will be available on both RuPay and VISA payment platforms, ensuring wide acceptance globally. Customers can apply for the card through BoM's branches.

Key Takeaways:

  • The co-branded credit card, Bank of Maharashtra-SBI Card, has been introduced in three variants: Bank of Maharashtra SBI Card ELITE, Bank of Maharashtra SBI Card PRIME, and Bank of Maharashtra SimplySAVE SBI Card.
  • The offering provides accelerated reward points, fuel surcharge waiver, utility bill payment options, and exclusive discounts on travel, dining, and shopping.
  • The card features contactless payment options for seamless transactions.
  • Customers can access the card platform backed by the strong brand equity of both organizations.
  • The partnership is driven by customer-centricity and aims to deepen customer engagement and enhance value.
  • The card will enable customers to make payments at millions of merchant outlets globally.

Statistics:

  • The credit card is available on both RuPay and VISA payment platforms.
  • The card will be accessible through Bank of Maharashtra's branches.
  • The co-branded credit card is designed to cater to diverse lifestyle needs of customers across the country.
  • The card offers fuel surcharge waivers, utility bill payment options, and exclusive discounts on travel, dining, and shopping.

Sources:

  • PTI
  • Bank of Maharashtra
  • SBI Card