SBI Cards and Payment Services (SBICARD) — Corporate Action

SBI Card launched the IndiGo SBI Card, a co-branded premium credit card with two variants in partnership with IndiGo airline. Cardholders earn up to 29,000 bonus IndiGo BluChips annually through base rewards (1-2 BluChips per ₹100 spent), accelerated rewards on travel bookings (3-7 BluChips per ₹100), and milestone benefits. Annual fees are ₹1,499 (standard) and ₹4,999 (Elite). The Elite variant offers 6 complimentary international lounge accesses yearly, travel insurance, and lower 1.99% forex markup, compared to standard's 3.50%.

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About SBI Cards and Payment Services Limited (SBICARD)

Financial Services · Finance · Listed on NSE

Market Cap: ₹59,570.5 Cr P/E: 27.5

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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