Fibe and Axis Bank Partner to Launch India’s First Numberless Credit Card
10 October 2023: Fibe, (formerly known as EarlySalary), India’s leading Fintech, and Axis Bank, one of the largest private sector banks in India, today, partnered to launch India’s first-ever numberless credit card for tech-savvy Gen Zs.
With a numberless credit card, customers get an added level of security as there is no card number, expiry date or CVV printed on the card plastic. This reduces the risk of identity theft or unauthorised access to the customer’s card details, ensuring absolute security and privacy. Customers can easily access their Fibe Axis Bank Credit Card details on the Fibe app, giving them complete control over their information.
Power-packed co-branded credit card offers industry-best features, like a cashback of flat 3% on online food delivery across all restaurant aggregators, local commute on leading ride-hailing apps and entertainment on online ticketing platforms. In addition, customers also get a 1% cashback on all online and offline transactions.
The card is powered by RuPay, which allows the customer to link this credit card to UPI. The card is accepted across all offline stores in addition to all digital platforms. It also offers the tap-and-pay feature for added convenience. Furthermore, this card has zero joining fee and zero annual fee for lifetime. This card will be available to Fibe’s existing 2.1 million+ customers.
Some of the other features of this card include access to four domestic airport lounges per year, fuel surcharge waiver for fuel spends between Rs.400 and Rs.5,000 as well as the added advantage of Axis Dining Delights, Wednesday Delights, End-of-Season Sales and RuPay portfolio offerings available across all their cards.
On this partnership with Axis Bank, Akshay Mehrotra, Co-Founder and CEO, Fibe said, “We take great pleasure in introducing India’s first numberless credit card, in association with Axis Bank. This exceptional card represents a significant stride in our commitment to offering secure and inclusive financial solutions to the ambitious youth of India. We aim to empower our users with a safe and secure payment ecosystem clubbed with the convenience of UPI payments, thereby establishing a fresh benchmark in the credit card industry.”
