Tuesday, March 28, 2006

SpiceJet, SBI Cards launch co-branded credit card

New Delhi: Low-cost airline SpiceJet on Monday announced a tie-up with SBI Cards in an effort to capture a fast-growing segment of consumers with high disposable income.
The co-branded credit card is being launched in association with MasterCard International, a global payments industry leader with acceptance at over one million ATMs (automated teller machines) and 24 million locations worldwide.
The SpiceJet SBI MasterCard is loaded with complimentary air accident insurance cover worth Rs. 50 lakh, purchase protection and flexi-pay features. The facilities also include loss of baggage cover worth Rs. 10,000 and delay in checked-in baggage cover worth Rs. 5,000.
28/03/06 The Hindu