ICICI Bank, India’s largest private sector bank tied up with Bangalore Metro Rail Corporation to launch ICICI Bank Unifare Bangalore Metro card to offer debit and credit card benefits to commuters.
Co-branded with MasterCard, the smart card uses Near Field Communication (NFC) technology and offers the commuters dual benefits of an ICICI Bank credit or debit card and BMRCL’s smart card, called Namma Metro Smart Card. “It has a unique auto recharge facility of loading Rs 200 when the balance drops below Rs 100. This auto recharge facility eliminates the need to wait in queues at ticket counters and vending machines,” ICICI bank said in a statement.
Rajiv Sabharwal, Executive Director, ICICI Bank said, “...We have tied up with metro rail operators for similar cards in Delhi, Mumbai and Hyderabad.”
Commuters can redeem reward points accumulated on their card for free metro rides, get 15 per cent discount on metro fare, 2.5 per cent fuel surcharge waiver across HPCL pumps with transaction swiped on an ICICI Merchant Services’ machine discounts on dining bills at select restaurants among others.
Both existing and new credit or debit card customers can apply for this card, the bank said.