IRCTC and SBI Card together July 28, 2020 launched their new Co-branded Contactless Credit Card on RuPay Platform.
Basic Facts
The new credit card was dedicated to the service of the nation by Shri Piyush Goyal, Minister of Railways and Commerce & Industry.
The IRCTC SBI co-branded card working on RuPay Platform is one of the many “Make In India” activities undertaken by the Railways”
With the aim to offer a safe transaction environment to the customers, the new RuPay credit card is equipped with Near Field Communication (NFC) technology whereby the users can expedite their transactions at the POS machines by just tapping the card on the machines without requiring to swipe the card.
Designed to reward frequent railway travellers, the new co-branded credit card offers the rail passengers maximum savings proposition on their travel together with exclusive benefits on retail, dining and entertainment as well as transaction fee waivers.
The Cardholders will receive up to 10% value back on 1st AC, 2nd AC, 3rd AC, Executive Chair Car & AC Chair Car bookings made at IRCTC website. The card also offers online transaction fee waiver (1% of transaction amount), 1% fuel surcharge waiver and 4 premium lounge free access at Railway stations in a year (one per quarter).
