![]() ![]() He said co-branded cards constitute as much as 30 per cent of total cards in company's home market in the US. Porush Singh of Mastercard said Ka-ching card comes with the highest safety standards. Banks, issuers, and credit card companies mentioned in the articles do not endorse or. The card is being launched in partnership with Mastercard, which is the largest issuer for HDFC Bank, Rao said. Information in these articles is brought to you by. He said customers can also earn 10-15 per cent rewards on dining, shopping, transport, medical bill spends with featured partners, apart from priority check-in, seat choice, and complimentary meals. ![]() The premium variant of the card offers complimentary air tickets worth ₹1,500-3,000, apart from host of other benefits, and can be redeemed against its tickets, Boulter said. IndiGo Chief Commercial Officer William Boulter said this is the first such tie-up for the airline and expressed hope that Ka-ching card will help it increase customer satisfaction. He, however, did not quantify it in percentage. Rao said travel and hospitality contribute 12-13 per cent of total spend on the bank's credit cards.Ībout the delinquency rate in the cards business, Rao said like the parent HDFC Bank, which has the best asset quality with under 1.5 per cent bad loan levels, cards business also has the lowest NPA levels. It also had a similar card with the now-defunct Jet Airways. The bank also has similar tie-ups with Walmart and Times Group. Parag Rao, head of the cards business at the bank, told PTI that around 20 per cent of its total cards are co-branded, and such cards see around 30 per cent more spending. ![]()
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