TestCloud
Prep • Practice • Perform
Log In

HSBC India and IHCL have launched India's first co-branded hospitality credit card, the 'HSBC Taj Credit Card'.

Banking & Finance | Dated: 28 Dec 2024

On December 17, 2024, HSBC India (based in Mumbai, Maharashtra) and Indian Hotels Company Limited (IHCL) (also based in Mumbai) joined hands to launch the HSBC Taj Credit Card, India's first co-branded hospitality credit card. This card is designed for luxury customers, offering unique experiences and exceptional services.

🎯 Key Highlights:

  • - The card was introduced in collaboration with IHCL and VISA (Visitors International Stay Admission).
  • - The HSBC Taj Credit Card provides exclusive benefits for customers who appreciate premium hospitality, luxury travel, and personalized services.

💡 Other Important Facts:

  • (i) The HSBC Taj Credit Card offers a joining fee of Rs 1,10,000 (payable after activation) and an annual fee of Rs 1,10,000 (charged annually after 12 months).
  • (ii) The HSBC Taj Credit Card offers a welcome offer of a voucher for a 1-night stay with breakfast at Taj Palace Hotels and 2 nights at any IHCL hotel, along with unlimited access to both domestic and international airport lounges.
  • (iii) Earn 8 NeuCoins for every Rs 100 spent at IHCL Hotels and 4 NeuCoins for every Rs 100 spent at Ginger Hotels (IHCL's brand).

📚 Test Your Knowledge:

Which bank has Recently launched India's first co-branded hospitality credit card with IHCL?

Correct Answer: HSBC India Bank

🚀 Quick Recap:

About HSBC Bank India

  • CEO: Hitendra Dave
  • Headquarter : Mumbai