COBRANDED CREDIT CARDS
RBI imposes Rs 29.6 lakh penalty on HSBC The Reserve Bank of India (RBI) has imposed a Rs 29.6 lakh penalty on The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with certain directions related to cards. The bank failed to ensure no negative amortisation while ...
28 Jun, 2024, 07.10 PM ISTBanks seek clarity from RBI on credit card network norms Several banks have sought clarity from the Reserve Bank of India (RBI) regarding guidelines that mandate offering existing credit card customers a choice of networks like Rupay, Visa, and MasterCard. As per RBI's guidelines issued in March, card iss...
26 Jun, 2024, 12.51 AM ISTUPI integration gives a fillip to RuPay credit cards distribution RuPay credit cards are seeing a growth in usage after linking with UPI, with its issuance at 30%, up from a mere 5% in 2022-23. The shift towards UPI-based credit cards on third-party apps like Google Pay and PhonePe poses a challenge for banks, rai...
14 Jun, 2024, 11.12 AM IST- ADVERTISEMENT
UPI boosts RuPay market share; cost pressure for gaming firms Happy Thursday! The integration of UPI with RuPay credit cards has pushed up new issuances but transaction growth hasn’t kept up. This and more in today's ETtech Morning Dispatch.
13 Jun, 2024, 07.21 AM ISTAdani One launches cobranded credit cards with ICICI Bank, enters financial services Adani One, the super app by Adani group, launches cobranded credit card with ICICI Bank. The card offers rewards for spends within Adani ecosystem.
04 Jun, 2024, 08.03 AM ISTAdani Group & ICICI Bank launch co-branded credit cards with airport lined benefits Adani Group and ICICI Bank have joined hands to introduce co-branded credit cards offering airport-linked benefits, aiming to enhance customer experience across various businesses. The Adani One app, launched in December 2022, serves as a digital pl...
03 Jun, 2024, 07.03 PM ISTAdani Group wants a slice of India's payments and e-commerce pie: Report India's Adani Group is seeking a licence to operate on the public digital payments network and is in talks with banks for a co-branded credit card. The conglomerate also plans to offer online shopping via the govt-backed Open Network for Digital Com...
28 May, 2024, 11.16 AM ISTNew credit card rules, changes in May 2024: These 4 banks have revised their credit card rules Credit card customers should be aware of the changes and make sure to follow the latest fee and guidelines set by the bank or credit card company. The top banks that have revised their credit card rules this month are Bank of Baroda, Yes Bank, IDBI ...
27 May, 2024, 11.40 AM ISTNew credit card rules: Bank of Baroda hikes interest rates and late payment fees on this credit card Bank of Baroda credit cards: The hiked rates are applicable from June 26, 2024, as per the Most Important Terms and Conditions pages on the GetOnecard website.
24 May, 2024, 01.40 PM ISTTop travel credit cards with most value-back: Airport lounge access, discounts on airfare, business class vouchers, rewards Top travel credit cards: Here are some of the top banks' travel credit cards providing significant value-back on travel spends. Some of these cards are co-branded with popular travel portals or airlines while others offer general travel benefits.
18 May, 2024, 03.25 PM ISTClub Vistara points to merge with Air India Flying Returns: What frequent fliers should know about migration; last date to opt out Vistara-Air India merger: After the much-anticipated merger between Air India and Vistara, Club Vistara will be discontinued. Here is a look at what Club Vistara members should know about the integration with Air India Flying Returns, as per the ema...
17 May, 2024, 02.14 PM ISTMother's Day gift: Can credit card be a good gift to your mother especially when she is not earning? Mother's day: This mother's day give her the gift of financial freedom by by taking out a credit card and giving to her. A credit card will be useful for her in many situations like in case of emergencies, household shopping, etc. A credit card will...
15 May, 2024, 11.28 AM ISTRewards credit cards with most value-back potential: SBI Card, HDFC Bank, Axis Bank, IDFC First Bank, American Express Listed below are the best rewards credit cards in India, chosen basis their reward earning rate, redemption value and overall value-back potential across multiple spending categories.
06 May, 2024, 04.41 PM ISTVirtual RuPay credit card on UPI launched: Earn 8 reward points on every UPI payment of Rs 200; know features, other key details YES Bank has partnered with ANQ, a Bengaluru-based financial service provider to unveil two unique co-branded credit cards — YES Bank ANQ Pi credit card and YES Bank ANQ Phi credit card. What are the features of these two new credit cards? Find out ...
04 May, 2024, 02.54 PM ISTTop banks' co-branded credit cards: Cashback offers, fuel surcharge waiver, discounts, freebies, annual fee Top co-branded credit cards: Banks and other credit card issuers offer credit cards in collaboration with popular brands across different segments. Let us look at the top banks' co-branded credit cards across different spending categories such as sh...
04 Apr, 2024, 04.31 PM ISTFederal Bank, South Indian Bank stop new co-branded card issuance Federal Bank has three co-branded credit cards with partnerships with OneCard Scapia Technology Pvt. Ltd and FI Brand Pvt Ltd, targeting mostly the new generation customers. The bank on Wednesday said it is in the process of rectifying the areas tha...
13 Mar, 2024, 11.36 PM ISTHow RBI is upping the scrutiny on credit cards The Reserve Bank of India is tightening its grip on cobranded credit cards, a recently booming sector. This stricter scrutiny aims to prevent unregulated entities from gaining backdoor access to the credit card industry.
11 Mar, 2024, 09.14 AM ISTETMarkets Management Talk | Poonawalla to launch co-branded card in Q4, says MD Abhay Bhutada Poonawalla Fincorp plans to launch co-branded credit cards this quarter after receiving approval from the RBI. The credit cards will complement their existing product basket and make them an active participant in the payment ecosystem. The strategy ...
20 Jan, 2024, 09.15 AM ISTCobranding with Tata Neu, Swiggy widens HDFC Bank cards’ reach HDFC Bank has distributed a million-plus cards with Tata Group’s super app Tata Neu and around 120,000 with foodtech major Swiggy, two people in the know told ET.
12 Jan, 2024, 09.04 AM ISTCobranded credit card rush; threat of complete ban on offshore crypto apps Happy Friday! Banks are pushing the pedal on their cobranded credit card strategy as they gain traction through large consumer facing internet companies. This and more in today’s ETtech Morning Dispatch
12 Jan, 2024, 07.52 AM IST