SBI Cards & Payments Services has partnered with Indian air carrier Vistara to launch co-branded credit cards for frequent flyers.
The premium credit cards are available in Club Vistara SBI Card PRIME and Club Vistara SBI Card variants.
Vistara said that the new credit cards will offer a host of benefits on domestic and global travel spends to improve travel experience of cardholders.
The Club Vistara SBI Card PRIME cardholders can avail one-way premium economy tickets on joining and hitting spends-based milestone(s) and up to six free cancellations of flight tickets booked on Vistara channels.
Additionally, the card-members can avail complimentary Club Vistara Silver tier membership along with up to four global and eight domestic complimentary lounge access, among other benefits.
SBI Card managing director and CEO Hardayal Prasad said: “SBI Card has always strived to bring products for its customers that are customised as per their diverse lifestyle and preferences, offering maximum value and enhanced experience. Travel is one of the key spend categories for our cardholders.
“Through our partnership with Vistara, India’s best airline, we aim to address the unique requirements of our customers, especially urban millennials, whose spend on travel has increased over a period of time and are looking for related privileged benefits.
“This launch has increased our travel credit card portfolio that we have built over the years, targeted at fulfilling the varied needs of our customers.”
Additionally, both cards offer welcome tickets on Vistara’s domestic network, complimentary Club Vistara Silver/Base tier membership, One-Class upgrade voucher, travel insurance, free cancellation on Vistara bookings, and attractive rewards on hitting milestone spends.
For every INR100 spent on booking of flight tickets with Vistara, the Club Vistara SBI Card PRIME cardholders can earn nine Club Vistara (CV) points.
The card-members of Club Vistara SBI Card can receive up to four CV Points for every INR200 on eligible spends.
The rewards points can be exchanged for domestic and international flights on Vistara and its partner airlines.
The applicants are required to pay INR1499 ($21.01) plus taxes for Club Vistara SBI Card, while Club Vistara SBI Card PRIME can be obtained by paying INR2999 ($42.03) excluding taxes.
Last month, SBI Cards launched contactless mobile phone payments service known as SBI Card Pay.