Dena Bank Credit Card from SBI
SBI Cards in association with Dena Bank has launched SBI Dena Bank Credit Card for Dena Bank customers. The credit cards will be managed by SBI Cars and Payment Services.
SBI Dena Bank card is offered in two different categories - Gold and International. Offers attractive rewards program. Some of the customers will be eligible for Flexipay - easy installment plan where customers can choose the one best suited to their financial needs and NIL surcharge on fuel and lubricant purchases.
SBI Cards also said that its card issuance has come down to third of its peak of monthly issuance of 100,000 cards. Deliquencies in the Credit Card industry is a whopping 15%. Outstandings on SBI Cards is around Rs 2,000 crore. SBI is making all efforts to reach to customers with good payment track record but are facing problems in the current economic slowdown and offering them good packaged payment deals.
Do let us know your experience about SBI Credit Card settlements as this will also help other readers.
SBI Dena Bank card is offered in two different categories - Gold and International. Offers attractive rewards program. Some of the customers will be eligible for Flexipay - easy installment plan where customers can choose the one best suited to their financial needs and NIL surcharge on fuel and lubricant purchases.
SBI Cards also said that its card issuance has come down to third of its peak of monthly issuance of 100,000 cards. Deliquencies in the Credit Card industry is a whopping 15%. Outstandings on SBI Cards is around Rs 2,000 crore. SBI is making all efforts to reach to customers with good payment track record but are facing problems in the current economic slowdown and offering them good packaged payment deals.
Do let us know your experience about SBI Credit Card settlements as this will also help other readers.
Labels: Card-Issuance-Declines
Published by CardBhai @ 10:29 PM
1 Reader Comments
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1 Comments:
sbi is the forerunner in harassing the defaulted customers. words cannot describe the tortue they meet out to defaulting customers. they have automated telecalling and call numbers may even reach thirty callas a day. the only option is to change the nuymber after u default with them. further, for best settlement offer default for atelast 180 days and more. the default should be such that not a single penny is paid to the credit. then only u can get the best settlements done. for some of my customers they have settled 78,000 outstanding at 13,000 one shot. the default peroid was more than six months. in another case they settled 69,000 for 11,000 one shot payment. opt for one shot to get maximum waiver
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