Federal Bank Launched RuPay Signet Contactless Credit Card

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News Desk, News Nation 360 : Federal Bank joined hands with the National Payments Corporation of India (NPCI) to launch the ‘Federal Bank RuPay Signet Contactless Credit Card’. One of the major highlights of this card is, it comes with the lowest Annual Percentage Rate (APR) starting from just 5.88% per annum. Adopting a ‘Digital First’ card approach, the card is immediately made available for use in FedMobile, the Bank’s Mobile Banking application, through a 3 click process. The physical card will be delivered to the customer in due course. Specially designed for millennial customers, this card offers an interesting 3-2-1 rewards structure personalised for them. They would get 3x rewards on spends for Electronics & Apparel categories, 2x rewards on Entertainment category and 1x rewards for other categories, using the Federal Bank RuPay Signet credit card. Commenting on the launch, Praveena Rai, COO, NPCI said that they are excited to launch with their partner bank - the Federal Bank RuPay Signet Contactless Credit Card. This card has a significant potential to attract new-age customers as it has a complete package of benefits suiting their lifestyle backed up with an

innovative cashback scheme. At NPCI, for RuPay, they continue to work towards offering a delightful and contactless shopping experience to all their customers. They also believe their association with Federal Bank will provide a wider penetration of RuPay contactless cards in the country.The Federal Bank RuPay Signet credit cardholders will gain access to a wide variety of offers and deals across categories including travel, food and dining, shopping, sports, entertainment, lifestyle and much more. With a range of exciting offers, the card is presently offered to existing customers of the Bank. The offers include Amazon Gift vouchers as welcome benefits, attractive reward points, Buy One Get One (BOGO) free offer at INOX, complimentary membership programs, complimentary Swiggy vouchers, complimentary lounge access at Domestic and International airports and much more.

Pic : Courtesy

Report : Anustup Kundu