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Indian Bank Launched VISA Co-branded Metal Credit Card

Published on September 05, 2023
Current Context: Indian Bank VISA Co-branded Metal Credit Card With OneCard, this is a new partnership between Indian Bank and OneCard, a fintech company that offers a mobile-first, contactless, and metal credit card.
Indian Bank Launched VISA Co-branded Metal Credit Card
  • The card is designed to provide a seamless and transparent credit consumption experience to the digitally savvy consumers in India. The card has no joining or annual fees, and offers 5X rewards on the top two spend categories.
  • The card also comes with a powerful mobile app that allows users to control various aspects of their credit card, such as transaction limit, online/offline use, contactless payments, and reward redemptions.
  • The card is expected to revolutionize the credit card landscape in India by introducing state-of-the-art technology and user autonomy.
  • The partnership has also positively influenced the market sentiment, as the Indian Bank’s share price saw a 1.59% increase on Monday.

Question:

Q.1 Which fintech company has partnered with Indian Bank to offer a mobile-first, contactless, and metal credit card?
a. OneCard
b. Paytm
c. PhonePe
d. MobiKwik
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