SBI Card Launches Titan SBI Card in Partnership with Titan

By siliconindia  |  Thursday, March 21, 2024

SBI Card Launches Titan SBI Card in Partnership with Titan
SBI Card, a leading credit card issuer, has announced a strategic collaboration with Titan Company Limited, a renowned name in the premium retail segment, to introduce the much-anticipated Titan SBI Card. This unique offering aims to cater to the discerning lifestyle spending needs of consumers, promising a range of exclusive benefits across various lifestyle categories.
Abhijit Chakravorty, the Managing Director and CEO of SBI Card, expressed his enthusiasm about the partnership, emphasizing the significance of introducing a specialized credit card tailored to meet the evolving demands of customers. He highlighted the Titan SBI Card as a valuable addition to their premium portfolio, designed to maximize benefits for cardholders as they indulge in their lifestyle preferences.
Titan Company Limited's Managing Director, C K Venkataraman, echoed this sentiment, citing India's burgeoning consumer market and the growing demand witnessed across different consumer segments. The partnership with SBI Card is seen as an opportunity to further elevate consumer aspirations by offering unique benefits and reinforcing Titan's commitment to societal and eco-conscious initiatives.
Here are the top features of the Titan SBI Card:
  • Titan SBI Card will offer special benefits on high-value spend categories such as jewellery, watches, and eyewear.
  • The card will offer 7.5% cashback on Titan in watches category; Taneira in women ethnic wear category; Titan EyePlus in eyewear category; and other non-jewellery Titan brands.
  • Cardholders are eligible for 5% cashback when they shop using Titan SBI Card from Mia, Caratlane, and Zoya across their offline and online stores.
  • Additionally, upon shopping from Tanishq, they get Titan gift vouchers worth 3% value of the spends.
  • The car will also offer many benefits to customers beyond Titan’s ecosystem including travel lifestyle benefits. Titan SBI Card offers 8 complimentary visits to domestic airport lounges (maximum 2 visits per quarter) and 4 complimentary visits to international airport lounges (maximum 2 visits per quarter).
  • Further, cardholders receive 6 Reward Points on every Rs 100 spent on non-Titan brands including dining and other e-commerce websites.
  • Cardholders are eligible for spend-based fee reversal upon reaching annual spends milestone of Rs 3 lakh during a card membership year.
  • As the cardholders’ cross annual spends milestones of Rs 5 lakh and Rs 10 lakh, they are eligible for gift vouchers worth INR 5,000 and INR 10,000 respectively of any Titan brand.
  • The joining and annual renewal fee of the card is Rs 2,999 plus applicable taxes. The contactless card is available on RuPay as well as VISA payment platforms.

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