The travel card allows a customer spending Rs 5 lakh in a year to earn up to three Delhi-Mumbai return tickets on Air India.
Commenting on the launch, Pratip Chaudhuri, chairman, SBI said, Through this card, both the brands wish to add value to the travel experience of the Indian consumer. We are extremely pleased to partner with Air India and hope that our combined synergies ensure a rewarding experience to our customers in the travel segment.
Rohit Nandan, Chairman and Managing Director, Air India said,: We at Air India are committed to providing our passengers with a comfortable travel experience. Today the discerning passenger looks for simple and comfortable solutions to travel.
The Air India SBI Signature Card will come with a joining gift of 20,000 reward points, for the customer. In addition to this, the card will offer 4 reward points for retail spend of every Rs 100 and 20 reward points for every Rs 100 spent on the Air India website and booking offices for purchase of air tickets.
The card also offers bonus reward points at various spend milestones such as- 20,000 reward points on spending Rs 3 lakh; another 20,000 reward points on spending Rs 5 lakh and 50,000 reward points on spending Rs 10 lakh. These reward points can be redeemed for Air India Air mile in a ratio of 1:1. Customers can also redeem the reward points collected on this card for gifts from the SBI Card rewards catalogue.