CURRENT AFFAIRS

Detailed explanation-1: -IndusInd Bank Pioneer Heritage Metal Credit Card is the first metal credit card launched by the bank in partnership with Mastercard. The card is best suited for the ultra high net worth customers, specially the affluent Indian professionals and entrepreneurs.

Detailed explanation-2: -With the launch of the ‘Pioneer Heritage Credit Card’, IndusInd Bank has joined the ranks with few other banks globally, that offer a credit card which has been exquisitely crafted with metal.

Detailed explanation-3: -Metal credit cards as we know them today debuted in 1999 with the introduction of the Centurion Card from American Express. Also known as the Black Card, this credit card is still available today and seen by many as the ultimate payment status symbol.

Detailed explanation-4: -OneCard is a metal credit card that is offered in collaboration with several providers including SBM Bank, South Indian Bank, Federal Bank, BOB Financial and CSB Bank. It is a lifetime-free credit card that is best suited for people who are new to credit and want to earn reward points on their purchases.