This is meant to be a 2-in-1 transit credit card – a first in India – which will facilitate contact-less access for Delhi Metro stations, allowing users ‘tap and go entry’ as well as double up as a credit card.
Atul Karmarkar.Com Posts
Came across a huge advertisement in the TOI today, showcasing Kotak Cards. The difference between this offering and those by other banks is the orientation of the card, or to put it more simply, this is India’s first ever ‘vertical credit card’ !
Kotak is offering a suite of four cards, 2 Gold Cards, a Platinum Card and a Signature Card, all on the Visa platform. Some of the features of these cards are;
Found a letter from ICICI Bank waiting for me as I came home today. It was to inform that from 01-Jul-08, they would be revising the minimum quarterly average balance (QAB) from Rs.5,000 to Rs.10,000 for savings accounts.