SBI Card & Reliance Retail join hands to roll out Reliance SBI Card – Times of India

by The Technical Blogs

NEW DELHI: SBI Card and Reliance Retail on Tuesday launched the co-branded ‘Reliance SBI Card’ which aims to offer a holistic and rewarding shopping experience to customers across segments.
It enables cardholders to unlock rewards and benefits while transacting at Reliance Retail’s extensive and diverse ecosystem.
Additionally, Reliance SBI Card users can also enjoy thoughtfully curated offers rolled out by SBI Card on an ongoing basis.
V Subramaniam, Director, Reliance Retail Limited, said: “We are excited to partner with SBI Card, a leader in the card industry, to offer Reliance SBI Card with a wide range of benefits, exclusive discounts and rewards for shopping with us online and at all our stores.”
The partnership amongst the two aspires to redefine customer experience and create a new benchmark for credit card rewards in the Indian market.
Abhijit Chakravorty, MD & CEO, SBI Card, said: “Reliance SBI Card has been developed as a holistic product that is relevant for major consumer segments. It is a powerful addition to our robust co-brand portfolio, and we expect this to become a popular credit card given the universal usage avenues that it offers.”
The annual renewal fee of Reliance SBI Card PRIME is Rs 2,999 plus applicable taxes and that of Reliance SBI Card is Rs 499 plus applicable taxes.
Cardholders can avail renewal fee waiver upon achieving the annual spends milestone of Rs 3,00,000 on Reliance SBI Card PRIME and Rs 1,00,000 on Reliance SBI Card.

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