BUSINESS

Poonawalla Fincorp And IndusInd Bank Join Hands For eLITE RuPay Credit Card

If you are fond of watching movies and want cashback on UPI payments every time you purchase a movie ticket or make any other payments, then Poonawalla Fincorp IndusInd Bank eLITE RuPay Credit Card is the best option for you. This card has been recently launched by private sector IndusInd Bank in association with NBFC company Poonawalla Fincorp.

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Since this credit card is based on the RuPay network, you will also be able to avail UPI facility through it. You can link this credit card to some UPI apps like Bhim, Paytm, Mobikwik, Freecharge and PayZapp and can make payment with this card by scanning the Merchant UPI QR Code. Apart from this, you can also make UPI payments to online merchants.

Customers can earn rewards for every Rs 100 spent, including UPI transactions, and benefit from 2.5 times reward points on e-commerce transactions. Additional perks include a Rs 0.40 cash credit per reward point, buy-one-get-one movie ticket offers through BookMyShow, a 1 per cent fuel surcharge waiver, and milestone achievement rewards. We are listing the features of the card below.

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Special Features of the Card-

Except for travel and some categories, 2.5 reward points will be given for every Rs 100 e-commerce transaction. Since the value of one reward point is equal to 40 paise. In this way, the reward rate will be equal to 1 per cent.

1 reward point (reward rate = 0.40%) for every Rs 100 UPI transaction, except for travel and some categories.

1 reward point (reward rate = 0.40%) will be given on every offline transaction of Rs 100, except for travel and some categories.

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When you book one movie ticket from BookMyShow, you get a chance to get a second movie ticket for free. Every month you can get movie tickets worth up to Rs 200 for free.

Talking about milestones, you can earn 3,000 bonus reward points by spending Rs 4 lakh or more in a year with this card.

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