ICICI Bank announced the launch of a co-branded multi-currency card with online travel booking portal Goibibo. The card also includes benefits of up to Rs20,000, including gift vouchers of Rs15,000 from Goibibo. Additionally, customers get 40 paise discount on the currency conversion rate on loading of a minimum of $1,000.
In a piece of good news for travel lovers. ICICI Bank announced the launch of a co-branded multicurrency travel card with Goibibo which will offer monetary benefits to international travel enthusiasts.
According to the ICICI Bank release, cardholders will get to benefits up to Rs 20,000 which includes gift vouchers worth Rs 15,000 from Goibibo along with other benefits, that can be used to purchase flights and book hotels on the travel site.
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According to UN World Tourism Organisation estimate, India is the second fastest growing outbound tourism market in the world, after China. Around 50 million Indians are estimated to travel overseas in 2019, more than double of 23 million in 2017. To cater to this burgeoning segment, we have introduced the card with more convenience and unprecedented benefits.
The ‘Goibibo ICICI Bank Travel Card’ not only offers the convenience of one-card-across-countries with an option of loading upto 15 currencies, but also comes bundled with some of the best-in class services. Additionally, one can easily apply for it digitally from Goibibo’s site and mobile app by furnishing a few details.
In addition to this co-branded travel card, we cater to our travel enthusiast customers with other products such as Sapphiro Travel Card and Coral Travel Card. We aspire to accomplish a new dimension in consumer space in Indian digital payments and contribute largely to the growth of the Bank’s travel card portfolio.”
Saujanya Shrivastava, Chief Business Officer, Goibibo said, “As more and more Indians travel overseas for leisure or business, they are consistently looking for hassle-free and safe ways of making payments without the fuss that comes with currency conversion. With an aim to make travel an even more rewarding experience, we are happy to partner with ICICI Bank to offer a host of tailor-made services that will deliver most meaningful and distinctive value proposition for the new age travelers.’’
