SBI Card, India’s largest pure-play credit card issuer, in partnership with Singapore Airlines Limited (SIA), the national carrier of Singapore, has launched the KrisFlyer SBI Card.
According to a press statement, this is the airline’s first co-branded credit card in India and this travel-centric co-branded credit card has been designed to cater to super-premium cardholders, offering exclusive privileges in the air and on ground with the SIA Group that comprises Singapore Airlines, Scoot airline, KrisShop, Kris lifestyle app and Pelago.
The statement adds that the newly launched credit card is available in two variants, KrisFlyer SBI Card and KrisFlyer SBI Card Apex. It says that with this partnership, KrisFlyer SBI Card customers will gain a range of accelerated rewards and milestone benefits on their travel spends.
Packed with exclusive welcome offers of 3,000 KrisFlyer miles on the KrisFlyer SBI Card and 10,000 KrisFlyer miles on the KrisFlyer SBI Card Apex, the cards aim to redefine the travel experiences of customers by providing them with convenience and luxury. The statement adds that cardholders can earn up to 80,000 or more KrisFlyer miles per year.
Customers can enroll for the card digitally via SBI Card Sprint, by visiting the SBI Card website and can also enroll offline by visiting SBI Card retail kiosks.
“International travel has emerged to be a key spending category with rise in income, rapid advancement of technology and digitalisation. We are delighted to partner with Singapore Airlines to present top-notch and luxurious experience to the super-premium cardholder segment, with an array of exclusive benefits, setting new benchmarks in the industry,” says Abhijit Chakravorty, MD and CEO, SBI Card.
“Our collaboration is a significant step toward enriching travel experiences of the customers by combining SBI Card’s secure and seamless payment solutions and Singapore Airline’s unparallel network and world class flying experience,” Chakravorty adds.
“KrisFlyer has evolved from an airline loyalty programme to a travel and lifestyle-centric rewards programme that unlocks an entire universe of special benefits for our customers. With international travel growing so rapidly, this exclusive co-branded credit card with a partner as trusted as SBI Card, gives our members in India a new avenue to earn miles and privileges, not just when they fly with us. We are very pleased and proud to have collaborated with SBI Card in what is surely going to be a very successful partnership,” says Bryan Koh, Divisional Vice President Loyalty Marketing, Singapore Airlines.
The statement adds that the co-branded credit card will offer enhanced mileage earning opportunities to customers. With an expenditure of INR 250,000 on Singapore Airlines using the KrisFlyer SBI Card and INR 750,000 on Singapore Airlines using the KrisFlyer SBI Card Apex, customers will enjoy the privilege of being upgraded to KrisFlyer Elite Silver and KrisFlyer Elite Gold memberships, respectively.
The airline says that customers with upgraded memberships will also get a chance to enjoy benefits such as additional baggage allowance, priority check-in and boarding, exclusive bonus miles, special seat selection privileges, lounge access, enhanced travel insurance coverage, and much more, adding extra comfort and convenience to their travel experience.
The statement adds that reward points earned by customers will be credited monthly to their account in the form of KrisFlyer miles at no additional cost.
It says that miles earned can be redeemed for flight tickets or upgrades on Singapore Airlines, flights on Scoot, gifts purchased from KrisShop and on booking travel experiences globally via Pelago.
The joining and annual renewal fee for the KrisFlyer SBI Card is INR 2,999 plus applicable taxes, and INR 9,999 plus applicable taxes for the KrisFlyer SBI Card Apex.