The fintech arm of MakeMyTrip , TripMoney, on Wednesday announced that they have joined hands with SBM Bank India to launch a rupee-denominated secure credit card, TripMoney Global Card. The card launch comes at a time when the world in re-opening its borders for Indian travellers as Covid cases in the world ebbs.
The press release conformed that this value-loaded credit card is highly secure, offers various advanced money management features and most importantly, relieves overseas travellers from paying mark-up on forex conversions and more.
Unlike other credit cards which require credit history, this secured credit card requires customers to load money in INR as security and also track balances in INR.
In addition, the card carries no hidden charges such as currency exchange conversion across POS, ATMs, and eCommerce websites – offering transparency to travellers.
The TripMoney Global card,…