AU Zaggle Co-Branded Credit Card Launched by AU Small Finance Bank
Why in the news
A small finance bank teamed up with a fintech firm to bring out a co-branded retail credit card.
Key facts
- Card name: AU Zaggle Co-Branded Retail Credit Card.
- Partners: AU Small Finance Bank and Zaggle.
- Networks: Visa and RuPay.
- Rewards: customisable, with cashback through Zagg Coins.
- Payment options: UPI payments and contactless tap-to-pay.
| Feature | Detail |
|---|---|
| Type | Co-branded retail credit card |
| Card networks | Visa, RuPay |
| Cashback | Zagg Coins |
| Digital use | UPI and contactless |
Significance
- Supports wider digital banking through a card that links credit with UPI and contactless use.
Exam angle
- Bank involved: AU Small Finance Bank.
- Partner firm: Zaggle.
- Reward currency: Zagg Coins.