AU Small Finance Bank (AU SFB) and ixigo on Thursday, November 2, announced the launch of their premium co-branded credit card. The co-branded credit card provides benefits in accordance to the evolving needs of modern travellers, who seek flexibility, convenience, and value, the bank said in a statement.
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With this co-branded card, travellers can get discounts of up to 10% on flight, bus and hotel bookings made through the ixigo platform. The USPs of the ixigo-AU co-branded credit card are the exclusive benefits tailored for train travellers to make their travel more rewarding.
The card offers the convenience of zero payment gateway charges for train bookings twice a month along with best-in-class reward points on all offline and online spends. Moreover, it is the only OTA travel credit card to give access to up to 8 railway lounge and 8 domestic airport lounges per calendar year (without any spend criteria) along with one international lounge access per year (priority Pass available on request).
As a joining bonus, customers will also receive 1,000 reward points and ixigo money worth ₹1,000 on their first successful transaction within the initial 30 days of card issuance.
Speaking on the launch of ixigo-AU SFB’s first co-branded credit card, Sanjay Agarwal, Founder and MD & CEO, AU Small Finance Bank, said, "Research from the World Travel & Tourism Council (WTTC) suggests that the travel sector is poised for a significant rebound, with an expected 20.7% year-on-year growth in 2024, surpassing pre-pandemic levels. This growth indicates a robust spending trend among Indian tourists in 2023. Recognizing this, AU Small Finance Bank has partnered with ixigo to offer unparalleled banking services to travel enthusiasts."
Customers can also get 1 percent fuel surcharge waiver on transactions, making every drive cost-effective. The card has an annual fee of ₹999 + GST, waived with just ₹1,000 spending in the initial 30 days. Furthermore, the annual fee for the following year is also waived with a minimum spend of ₹1 lakh in the preceding year.
(Edited by : Anshul)
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