IA unveils debit card with ABN Amro, MasterCard International

By Our Corporate Bureau | 22 Apr 2003

Mumbai: Indian Airlines chairman and managing director Sunil Arora has launched the airline''s co-branded debit card with ABN Amro Bank and MasterCard International.

Indian Airlines ABN Amro Bank Maestro co-brand debit cardholders will be entitled to a 10-per cent discount on return tickets bought at IC booking offices.

Cardholders will also get free membership to the Indian Airlines frequent flyer programme, besides conversion of ABN-Amro Bank reward points to mileage points. The co-branded debit card can be bought on payment of a registration fee of Rs 399 and an annual renewal fee of Rs 250.

ABN-Amro Bank (India) executive vice-president and country representative Romesh Sobti says: "Our consumer banking business rests on providing superior products and services designed to add value to our customers, and the co-branded airline debit card is another step in this direction."

About the number of cards targeted to be sold in the first year, Sobti says they have set "very aggressive targets."