TripMoney ties up with SBM Bank to launch Global Credit Card; Check Out Key Benefits

fintech branch of makemytrip TripMoney on Wednesday announced that it has joined hands with SBM Bank India to launch TripMoney, a rupee denominated secured credit card. global card, The card launch comes at a time when the world is re-opening its borders for Indian travelers as the number of COVID cases in the world continues to decline.

The press release confirmed that this value-weighted credit card is highly secure, offers various advanced money management features and most importantly, relieves foreign travelers from paying mark-ups on foreign currency conversions and more .

Unlike other credit cards that require credit historyThis secured credit card requires customers to load money in INR and track the balance in INR as a form of security.

Also, the card does not have a number hidden charges Such as currency exchange conversion at POS, ATMs and eCommerce websites – providing transparency to travelers.

The TripMoney Global Card powered by Visa can be used in 150+ countries. The card targets international travelers, including the student population, who prefer a combination of lifestyle benefits with advanced digital wealth management features.

Elaborating on the importance of the card, Rajesh Mago, Co-Founder and Group CEO, MakeMyTrip said, “As part of our Travel Super App vision, we are actively involved in building products and solutions with an aim to enhance overall travel. Continuing to invest. experience of our customers. TripMoney’s Global Card offers Indian travelers a secure, transparent and fast money management solution that can be accessed anytime and from anywhere. We are excited to partner with SBM Bank India and look forward to introducing a new way of managing expenses for outbound travelers.”

Commenting on the launch of the card, Neeraj Sinha, Head – Retail & Consumer Banking, SBM Bank India, said, “India continues to grow in terms of its aspirations as well as the number of tourists it attracts globally. In order to facilitate a seamless, memorable holiday experience, it is important to ensure a reliable and secure financial ecosystem – so that travelers can enjoy the destination without worrying about their financial needs.At SBM Bank India, we provide cashless concern for global travelers Excited to join hands with TripMoney to expand an open financial product.With the opening of borders, the TripMoney Global Card will also help travelers to open up a world of financial possibilities.Moreover, we now have a wealth of students studying abroad. There is a growing class who are new to credit but have lifestyle aspirations.”

Additional Benefits of TripMoney Global Card

To allow travelers to save more and earn rewards while traveling internationally, cardholders are also entitled to avail offers on flights, hotels and holidays as well as discounts of up to INR 70,000 on MakeMyTrip and Goibibo.

– Supplemental membership to the invitation-only loyalty programs of both brands, MMT Black and Gotribe, is also offered as an add-on for these cardholders.

The card is designed with several built-in advanced security features such as instant lock and unlock via the app – while on the go.

-App allows passengers to set transaction limits for multiple payment modes to prevent any fraud, options to locate nearest ATM booths, view transaction history, query any transaction and much more – Simply In just a few taps.

subscribe to mint newspaper

, Enter a valid email

, Thank you for subscribing to our newsletter!

Never miss a story! Stay connected and informed with Mint.
download
Our App Now!!

,