HDFC Bank launches co-branded bank card with Tata Neu: Details right here

HDFC Bank on Wednesday launched the ‘Tata Neu HDFC Bank Credit Card’ in partnership with Tata Neu. The card will supply unique advantages to its prospects, with much more rewards for patrons who transact on Tata Neu and its companions.

The bank card will likely be accessible in two variants – Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card, and each these variants will likely be accessible on RuPay and Visa networks, the financial institution knowledgeable in an announcement.

According to the personal sector lender, the brand new bank card will permit prospects to earn rewards on all spends, each on-line and in-store within the type of NeuCash. (1 NeuCoin = Rs 1)

“Customers will earn 2 per cent NeuCoins with Tata Neu Plus HDFC Bank Credit Card, and 5 per cent NeuCoins with Tata Neu Infinity HDFC Bank Credit Card on all purchases on partner Tata brands, both online and in-store. For domestic and international purchases outside of partner Tata brands, customers will earn 1 per cent and 1.5 per cent NeuCoins on the respective card variants,” the assertion mentioned.

Additionally, these new bank cards will enhance current rewards for Tata Neu prospects on each buy made by means of Tata Neu. Combined with current Tata Neu advantages of 5 per cent NeuCash, a buyer can now earn a complete of seven per cent or 10 per cent of the worth of their spends on the Tata Neu app relying on the cardboard variant.

Speaking on the bank card launch, Parag Rao, Group Head- Payment Business, Consumer Finance Technology and Digital Banking at HDFC Bank mentioned, “We are delighted to partner with Tata Digital on this exciting proposition that has brought together so many of their leading brands under the ambit of the Tata Neu app. Our range of cards will further enhance the shopping experience for customers, allowing them to redeem extraordinary rewards against a host of products ranging from groceries to flights.”

Modan Saha, CEO – Financial Services at Tata Digital mentioned, “We are delighted to partner with one of India’s largest financial institutions – HDFC Bank – to offer our customers a credit card that will make their shopping experience even more rewarding. Customers will have a wide range of categories to choose from including grocery, travel, electronics, fashion, health, and wellness. The Tata Neu HDFC Bank Credit Card resonates with the core proposition of Tata Neu – simplifying the lives of Indian consumers. We expect the card to further enhance the Tata Neu experience and have a wide appeal among our target audiences across the country.”

With the Tata Neu HDFC Bank Credit Card, prospects would be capable to use NeuCash earned to make purchases throughout classes starting from electronics, vogue, journey, hospitality, groceries, and pharmacy on Tata Neu and throughout all associate manufacturers (on-line and in-store), giving them the flexibleness and incentive to transact on Tata Neu ecosystem. They may also avail complimentary lounge entry throughout airports in India and abroad.