SBI Card, India's largest pure-play credit card issuer, in partnership with Singapore Airlines, the national carrier of Singapore, has launched the _______ SBI Card in October 2024. 

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  1.  Aeroplan
  2. FlyMore
  3. KrisFlyer
  4. AirPass

Answer (Detailed Solution Below)

Option 3 : KrisFlyer
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The correct answer is KrisFlyer.

Key Points

  • SBI Card, India's largest pure-play credit card issuer, has partnered with Singapore Airlines to launch the KrisFlyer SBI Card.
  • The KrisFlyer SBI Card was introduced in October 2024.
  • This card is tailored to benefit frequent flyers and users who travel internationally, particularly with Singapore Airlines.
  • Cardholders can earn KrisFlyer miles on their spending, which can be redeemed for flights and other rewards.
  • The partnership aims to enhance travel experience and provide exclusive benefits to the cardholders.

Additional Information

  • SBI Card
    • SBI Card is a joint venture between State Bank of India and GE Capital.
    • It is the second-largest credit card issuer in India.
    • SBI Card offers a wide range of credit cards catering to various customer needs.
    • It has a customer base of over 10 million.
  • Singapore Airlines
    • Singapore Airlines is the flag carrier of Singapore.
    • It operates a hub at Singapore Changi Airport.
    • The airline is known for its excellent service and has won numerous awards.
    • Singapore Airlines has a strong presence in Asia and operates flights to over 60 destinations worldwide.
  • KrisFlyer
    • KrisFlyer is the frequent flyer program of Singapore Airlines.
    • Members can earn miles through flights, credit card spending, and other partners.
    • Miles can be redeemed for flights, upgrades, and other rewards.
    • KrisFlyer offers elite tiers like Elite Silver and Elite Gold with additional benefits.
  • Credit Card Rewards
    • Credit card rewards programs allow cardholders to earn points, miles, or cashback on their spending.
    • Rewards can typically be redeemed for travel, merchandise, gift cards, or statement credits.
    • Some credit cards offer bonus categories like dining, travel, or groceries where users can earn higher rewards.
    • Many cards also provide introductory bonuses for new cardholders who meet spending requirements.

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