Axis Bank introduces the first numberless credit card in India: What it means for customers
In a pioneering move in the Indian banking sector, a private sector bank has introduced the first-ever numberless credit card in the country. This innovative credit card was launched in collaboration with Fibe, a fintech startup (formerly known as EarlySalary). The unique feature of being "numberless" likely adds a layer of security and convenience for the tech-savvy generation of customers, making transactions more secure and private. This development represents a notable advancement in the financial services industry in India.
Fibe Axis Bank Credit Card: Availability
Customers can access their Fibe Axis Bank Credit Card details on the Fibe app.
How the numberless credit card will help users
The introduction of the numberless credit card offers several compelling advantages to customers:
1. Enhanced Security: By not displaying the card number, expiry date, or CVV on the physical card, this innovative card reduces the risk of identity theft and unauthorized access to cardholder details, significantly enhancing security and privacy.
2. RuPay Integration: The card is powered by RuPay, which enables customers to link it to the Unified Payments Interface (UPI), enhancing its usability and convenience for various digital transactions.
3. Acceptance: The card is accepted at both offline retail stores and digital platforms, except for international transactions, making it versatile for everyday use.
4. Tap-and-Pay: It offers the convenience of tap-and-pay functionality, making quick payments hassle-free.
5. No Joining or Annual Fees: With zero joining fees and zero annual fees for a lifetime, this credit card provides cost savings for cardholders.
6. Cashback Benefits: The card offers attractive cashback benefits, including a flat 3% cashback on online food delivery, local commutes, and entertainment purchases. Additionally, customers can earn a 1% cashback on all online and offline transactions.
7. Airport Lounge Access: Cardholders gain access to four domestic airport lounges per quarter, enhancing their travel experience.
8. Fuel Surcharge Waiver: The card includes a fuel surcharge waiver for fuel purchases within a specific spending range, which can help cardholders save on fuel costs.
9. Additional Benefits: Cardholders can enjoy special privileges like Axis Dining Delights, Wednesday Delights, End of Season Sales, and access to RuPay portfolio offerings available across all their cards.
This co-branded credit card, offered in partnership with Fibe (formerly EarlySalary), provides a comprehensive set of features and benefits that cater to the evolving needs and preferences of today's tech-savvy consumers.