Bank of Maharashtra and SBI Card Co-Branded Credit Cards
Why in the news
Bank of Maharashtra (BoM) is expanding its retail range by teaming up with SBI Card to issue co-branded credit cards.
Key facts
- Partners: Bank of Maharashtra and SBI Card.
- Benefits: reward points, cashback on selected spends, EMI options and discounts at merchants in dining, travel and e-commerce.
- Access: digital platforms and branches, with easy onboarding for eligible customers across India.
Strengths combined
| Partner | Contribution |
|---|---|
| Bank of Maharashtra | Wide banking network and customer trust |
| SBI Card | Credit card know-how, digital abilities, diverse product suite |
Exam angle
- Type of tie-up: co-branding.
- Card issuer partner: SBI Card.
- Public sector bank involved: Bank of Maharashtra.