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ICICI Bank partners with NPCI to launch RuPay credit cards

ICICI Bank Partners with NPCI: ICICI Bank has announced a partnership with the National Payments Corporation of India (NPCI) to launch a range of credit cards on RuPay. RuPay Credit Card of ICICI Bank is at the present available to the customers in the Coral variant of the Bank’s Gemstone series. The Rubyx and Sapphiro variants will be coming soon. The card will be much beneficial to the customers. Sudipta Roy, head, of credit cards, payment solutions, and merchant ecosystem of ICICI Bank said that they will add more cards from their Gemstone collections to the family of ICICI Bank RuPay Debit and Credit Cards. ICICI Bank Coral RuPay Credit Cards is an Indian card payments network issued with state-of-the-art technology.

ICICI Bank partners with NPCI to launch RuPay credit cards

The ICICI Bank Coral RuPay Credit Card, is a contactless and the first card. ICICI Bank Coral RuPay Credit Card provides several offers to customers that include rewards points on daily transactions including groceries, utility bills, free domestic airport and train lounge access, and savings on dining and movie tickets, among other things. The cardholder will receive exclusive RuPay network benefits such as accident insurance coverage and dedicated personal concierge services. RuPay is the indigenous payments network.

ICICI Bank Coral RuPay Credit Card: Benefits

The benefits that a customer will get through the ICICI Bank Coral RuPay Credit Cards are summarized below:

  • Earn 2 reward points, on every Rs.100 spent on the card (except fuel).
  • For every Rs. 100 spent on utilities and insurance categories customers will be able to earn 1 reward point.
  • On spending Rs.2 lakh on the card in a year one will get 2000 bonus reward points. Additionally, earn 1,000 bonus reward points each time Rs.1 lakh is spent on the card thereafter (with a maximum of 10,000 reward points per year).
  • Complimentary access to the 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 services.
  • Exclusive dining offers through ICICI Bank Culinary Treats Programme.
  • Waiver of fuel surcharge on fuel transactions.

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About ICICI Bank

ICICI Bank is a multinational bank and financial services company of India.

CEO: Sandeep Bakhshi

Headquarters: Vadodara

Established In: 1994

Founder: Industrial Credit and Investment Corporation of India

Revenue: 1300 Crores USD

Subsidiaries: ICICI Lombard, ICICI Prudential Life, ICICI Securities, ICICI Home Finance Company, etc.

About NPCI

NPCI(National Payments Corporation of India) is an initiative of the Reserve Bank of India(RBI) and Indian Bank’s Association(IBA) under the provisions of the Payment and Settlement Systems Act, 20072

Founded: 2008

Headquarters: Mumbai

Functions: For operating retail payments and settlements system in India

Founders: Reserve Bank of India, Indian Banks’ Association

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