IDFC goes unique, launches a new RuPay credit card

Mumbai: IDFC FIRST Bank on Tuesday announced the launch of another credit card program – a unique one that the bank states could also earn its holders an interest.

Backed by a fixed deposit, the bank’s new RuPay credit card is anticipated to provide an opportunity to earn lucrative interest rates as well as rewards.

Currently the bank has stated that the card will provide access to 60 million UPI merchants and offers 1% cashback as a reward on every transaction.

The bank believes that card available for subscription online is a continuation of its philosophy of customer centricity, product concept, and design.