06 July 2016 Current Affairs: SBI Card, a subsidiary of State Bank of India, launched a premium credit card with host of facilities targeting high networth customers.
'Elite' card is launched on the Master Card World platform and is enabled with NFC (Near Field Communication) technology.
This allows customers a contactless payment experience, adding more speed and suave to their wallets.
The new card comes with a joining fee of Rs 4,999 and all customers will receive a welcome gift worth Rs 5,000 in the form of vouchers from popular lifestyle and travel brands.
Benefits : The card offers privileges such as 24x7 concierge services, golf course reservations, spa, limousine or movie ticket bookings, all of this can be availed with just one phone call.
Up to 50,000 bonus points on milestone spends of Rs 3 lakh can be earned by cardholders and they will get Rs 500 off on movie tickets on on every month .