Axis Bank launches India’s first numberless credit card: What it means for users – Times of India
One of the private sector banks operating in India has launched the first-ever numberless credit card in the country. The bank partnered with fintech startup Fibe, (previously known as EarlySalary) to launch the new type of credit card for the tech-savvy generation. 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 With a numberless credit card, customers will get an added level of security as there is no card number, expiry date, or CVV printed on the card plastic. This will reduce the risk of identity theft or unauthorised access to customer’s card details and will ensure security and privacy. This card is powered by RuPay, thus allowing the customer to link this credit card to UPI. The card will be accepted across all offline stores as well as all digital platforms (except international transactions). It also offers the tap-and-pay feature for added convenience. Furthermore, this card has zero joining fees and zero annual fees for a lifetime. This card will be available to Fibe’s existing 2.1 million+ customers. The co-branded credit card offers other features like cashback of a flat 3% on online food delivery across all restaurant aggregators, local commute on leading ride-hailing apps and entertainment on online ticketing platforms. In addition, customers also get a 1% cashback on all online and offline transactions. Some of the other features of this card include access to four domestic airport lounges per quarter, a fuel surcharge waiver for fuel spends between Rs. 400 and Rs. 5,000 as well as the added advantage of Axis Dining Delights, Wednesday Delights, End of Season Sales, and RuPay portfolio offerings available across all their cards.