- It is a credit line product of RBL Bank which will be a part of Paisabazaar’s neo-lending product and will replace its Paisa on Demand (PoD) credit card.
- Offered by RBL Bank with no joining fee or annual fee, the Duet will be a lifetime free credit card.
- The Duet Credit Card will offer two credit offerings:
- Cashback on purchases made through the credit card
- A line-of-credit from RBL bank that will enable instant money transfer
- A flat 1% cashback can be earned for all online and offline purchases with no upper limit on the cashback earned.
- The bank will also provide a line of credit above INR 3,000 and up to the credit limit of the cardholder.
- RBL Bank was established in 1943 with its headquarters in Mumbai. The current MD & CEO of the company is R Subramaniakumar.
Question:
Q.1 Which of the following recently launched the Duet Credit Card?a. RBL Bank
b. PNB
c. Axis Bank
d. BOI
