SBI Card Share Price: The country’s largest pure-play credit card firm has announced that it has partnered with Titan Company Limited to launch Titan SBI Card. This is a unique shopping credit card specially designed to meet the aspirational spending needs of customers
SBI Card Share Price: Shares of SBI Cards and Payment Services Limited saw a rise of more than 1 percent today on March 21. This stock closed at Rs 702.50 with a gain of 1.44 percent. With this rise, the market cap of the company has reached Rs 66,800.78 crore. Actually, SBI Card in collaboration with Titan Company has launched a new co-branded card, which is named Titan SBI Card. After this news, buying was seen in the company’s shares today.
What is special in the new credit card?
The country’s largest pure-play credit card firm has announced that it has partnered with Titan Company Limited to launch the Titan SBI Card. This is a special shopping credit card specially designed to meet the aspirational spending needs of the customers. The company gave this information in its stock exchange filing.
The Titan SBI Card offers benefits like cashback and reward points on spends across multiple lifestyle categories. The card also offers Titan gift vouchers. Under this, cardholders can avail exclusive benefits worth more than ₹2 lakh every year. The Titan SBI Card offers thoughtfully designed benefits on high value spend categories including watches, jewelery and spectacles.
You will get these amazing benefits
Its key benefits include up to 7.5% cashback on purchases from Titan, Tanera, Titan iPlus and the company’s non-jewellery brands. This card comes with 5% cashback on Mia, Caratlane and Zoya across their offline and online stores. Additionally, Titan SBI Card users will be able to avail Titan Gift Vouchers worth up to 3% of the value of spend on purchases from Tanishq.
How has been the performance of SBI Card shares?
SBI Card shares have fallen by 5 percent in the last one month. At the same time, it has given negative returns of 12 percent in the last 6 months. The stock has fallen 9 percent so far this year. At the same time, in the last one year it has seen a decline of about 3 percent. The stock has lost 3 percent in the last 5 years.
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