Elite Credit Card From SBI For High Net Worth Users Launches In India
New Delhi, Jul 5 () SBI Card, a subsidiary of State Bank of India, today launched a premium credit card with host of premium perks targeting high networth consumers.
The new SBI ‘Elite’ card is released on the MasterCard Globe system and is equipped with NFC (Near Field Communication) modern technology, meeting the most up to date global standards.
This permits clients a contactless experience while making purchases, including more features people would be happy to keep in their pocketbooks, SBI Card CEO Vijay Jasuja said.
The brand-new card has a sign up fee of Rs 4,999 however all customers will certainly get a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brand names.
“We believe that this card will certainly give our customers an encounter of costs opportunities that are unique and also match their way of life. The launch of this new card will certainly help raise seepage from 15 per cent to 20 percent in the entire portfolio,” Jasuja included.
The third-largest card company has total card base of 3.75 million.
Talking about the benefits, he added that the card provides opportunities such as 24×7 concierge solutions, golf course appointments, spa, limo or movie ticket bookings, all this can be availed with merely one call.
For the frequent fliers, he stated, the card supplies lounge accessibility with top priority pass program at over 850 airports around the world.
Approximately 50,000 perk points on turning point invests of Rs 3 lakh can be earned by cardholders as well as they will get Rs 500 off on movie tickets on every month, he kept in mind.
We will be doing a full review of the SBI Elite card soon, so stay tuned to CreditSmart!