NEWS & ADVICE : CREDIT CARDS
Deutsche Bank & Matrix set to offer Credit Card for international travelers
By Ankit Sharma
Jun 2, 2009
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Deutsche Bank AG, India has partnered with telecom service provider, Matrix Cellular Services International Pvt. Ltd. to launch the co-branded Deutsche Bank Matrix Credit Card.

A premium offering, the card has been created keeping in mind the needs and lifestyle of international travellers. The power packed platinum card has all the features of Platinum card which include emergency services (platinum personnel), insurance cover, organiser for tracking expenses and exclusive international travel privilege plans. The card will also offer a Matrix gift voucher of up to Rs 10,000.

Anil Ramachandran, head - credit cards, Deutsche Bank AG, India, said, "We are delighted to partner with Matrix Cellular towards the launch of this co-branding initiative. At Deutsche Bank our mission has been clearly to provide solutions and enhance value, through products which meet the needs of today's demanding customer. The co-branded credit card with Matrix Cellular fits in well and complements the discerning lifestyle needs of the international traveller."

The card also offers other privileges for its users, like rewards points. Cardholders can earn up to three reward points for every Rs 100 spent on the international transactions and six reward points for every Rs 100 spent on the domestic transactions. The points can be redeemed against Matrix Talktime or other redemption options availed by the bank. Besides this, the cardholders would be entitled to various offers of Matrix and host of other lifestyle-travel benefits offered by the bank for the cardholders, including special golf offers, international airlines offers, 24 X7 concierge services; to mention a few.

Gagan Dugal, managing director, Matrix Cellular said, "Deutsche Bank Matrix Platinum Credit Card is a platform to reward our patrons and we see this as an opportunity to build on our existing brand assets. It is a distinctive and highly relevant customer-focused benefit platform which not only allows the Card Members to enjoy all lifestyle travel benefits but also offers a great redemption programme. Unlike most co-branded card redemption programmes, Deutsche Bank Matrix Platinum Credit Card Members will be able to redeem their accrued points on other categories as well."

Delhi based, Matrix Cellular Services provides various telecommunication solutions like international SIM cards, 3G data cards and wireless communication for the Indian travellers going abroad.

 


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