Mumbai, July 13 (IBNS) Tata Capital, a Systemically Important Non Deposit Accepting Core Investment Company, has announced the launch of its all new Tata Platinum, Tata Titanium and Tata Corporate credit cards.
Tata Card is a white label credit card issued, operated and serviced by SBI Cards, one of India’s leading Credit Card issuers. Tata Capital Financial Services Limited (TCFSL) undertakes its marketing and distribution.
While the Platinum and Titanium variants are targeted at the growing number of affluent and mass affluent retail customers, the Tata Corporate Card would cater to the expense management needs of customers in the corporate segment.
The new cards offer upto 6% value-back at select Tata establishments and upto 3x reward points on select departmental stores, dining, groceries and international spends.
Praveen P Kadle, MD & CEO, Tata Capital Limited said, “The new variants will help us strengthen our Tata Cards portfolio. We believe that both the retail and corporate credit card segments in India are growing rapidly and our endeavour is to understand the needs of various segments and offer innovative solutions."
Kadambi Narahari, CEO, SBI Cards and Payment Services Private Limited, said, “These new credit cards will augment Tata Cards’ existing portfolio. The Tata Corporate Card adds a new dimension to our portfolio and will help us connect with business users within and outside the Tata Group.”
The new credit cards are being offered with an advanced EMV chip capability providing enhanced security for card transactions for use in India and abroad.