CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Name the Private sector lender who join hands with standard Chartered for co-branded credit cards.
A
Axis Bank
B
Bandhan Bank
C
IDBI Bank
D
Kotak Mahindra Bank
Explanation: 

Detailed explanation-1: -Other examples of popular co-branded cards include the Hilton Honors American Express Surpass® Card*, Amazon Prime Rewards Visa Signature Card* and the Costco Anywhere Visa® Card by Citi*.

Detailed explanation-2: -Samsung, India’s largest consumer electronics company, and Axis Bank, India’s third largest private sector bank, have partnered to launch an exclusive co- branded credit card, powered by Visa.

Detailed explanation-3: -Standard Chartered credit cards provide you with a plethora of additional benefits to enhance your premium lifestyle. With a Standard Chartered credit card, you earn cashback on making payments for fuel and other utility bills including your phone bill.

Detailed explanation-4: -A co-branded credit card is sponsored by both the entities and is designed to carry features from both. Depending on the partner, the bank has tied up with, customers can enjoy benefits while making purchase transactions.

There is 1 question to complete.