07 November 2018 Current Affairs: The co-branded card is available on the Visa platform.
This move is expected to help significantly expand the credit card customer base for the bank.
This will make online shopping more affordable and provide the best value to Amazon Pay customers.
The features of the card are:
- It enables Amazon Prime members to earn 5 percent reward points on shopping on Amazon.in.
- Other customers to get 3 percent reward points.
- Additional 2 percent reward points on spends at Amazon Pay partner merchants across categories such as food delivery, utility payments, movie ticketing etc.