ICICI Bank Partners with NPCI to Launch RuPay Credit Cards – India Education | Latest Education News | World Education News

Mumbai: ICICI Bank today announced its partnership with National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay, the native payment network. For starters, the ICICI Bank RuPay credit card is available in the Coral variant of the Bank’s Gemstone series, soon to be followed by the Rubyx and Sapphiro variants.

Called ‘ICICI Bank Coral RuPay Credit Card’, the contactless card offers a host of privileges and benefits, including reward points on everyday purchases like shopping and dining, paying utility bills, free access to airport and train station lounges, waiver of fuel surcharge, discounts on movie tickets and meals, among others. The card also offers exclusive RuPay network benefits such as accident insurance coverage for the cardholder and dedicated personal concierge services.

Speaking at the launch, Mr. Sudipta Roy, Head of Credit Cards, Payment Solutions and Merchant Ecosystem, ICICI Bank, said, “ICICI Bank has always been at the forefront of delivering innovative, powerful and distinctive value propositions to its customers. We are delighted to partner with NPCI to launch ICICI Bank credit cards on the RuPay network, which is an Indian card payment network equipped with state-of-the-art technology. This partnership combined the benefits of ICICI Bank credit cards with RuPay’s exclusive offers, providing enhanced benefits to customers. We will be adding more cards from our Gemstone collections to the ICICI Bank Rupay family of debit and credit cards.

Ms. Praveena Rai, COO, NPCI said“We are pleased to partner with ICICI Bank to launch Coral Credit Card on the RuPay network. We believe that our association with ICICI Bank

provide a convenient, rewarding and enjoyable shopping experience for card users. Over the years, RuPay has gradually established itself as a modern, contemporary and

young brand by offering innovative and customer-oriented value propositions supported by cutting-edge technology.

Exclusive advantages* of the “ICICI Bank Coral RuPay credit card”:

· Earn 2 reward points, on every Rs 100 spent on the card (excluding fuel)

· Earn 1 reward point, out of every 100 rupees spent in utility and insurance categories

· Get 2000 bonus reward points by spending Rs 2 lakh on the card in one year. Additionally, earn 1,000 bonus reward points every time Rs 1 lakh is spent on the card thereafter (with a maximum of 10,000 reward points per year)

· Complimentary access to domestic airport lounge and select railway lounges in India

· Exclusive discounts on movie ticket bookings on BookMyShow

· Personal accident insurance cover of Rs 2 lakh

· 24/7 concierge service

· Exclusive dining offers through the ICICI Bank Culinary Treats Program

· Fuel Surcharge Exemption on Fuel Transactions

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