NEWS & ADVICE : CREDIT CARDS
Axis Bank's travel card reaches $1 bn volume
By Ankit Sharma
Aug 6, 2010
Print    Email    RSS   

Private sector lender Axis Bank's Travel Currency Card Program which came with a tie up with Visa has touched a volume of $ 1 billion. This is the first card in India to touch the level.

The program brings the facility of loading money in local currency by both business and general travellers which they can use in prepaid form for meeting expenses while travelling.

Axis Bank's Executive Director S K Chakrabarti said: "(Our customers) have loaded in excess of $100-million onto their cards over April and May this year alone."

Although credit cards are widely used by travellers, prepaid cards have been found to be a more favored choice by travellers.


 


(Comments Posted : 0) Post Your Comments
Show All Comments
COMPARE QUICKLY
 Select a product:
 

CALCULATE QUICKLY
 Select a product:
 

EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #3
An insight into two wheeler insurance
A chronicle of excesses by loan recovery...
Carnival of Indian Personal Finance Blogs #2
Some Facts About Zero Interest Credit...


Radhey@09646870399 @Escoℛts In#Chandigarh...
Radhey@09646870399 @Escoℛt In#Chandigarh...
Radhey@09646870399 @Call#Giℛls In#Chandigarh...

NEWS THIS WEEK
91st Founders day of the Karnataka Bank Feb 18, 2015
Banks on strike from 25th February Feb 16, 2015
SBT bank postponed the Open House meet Feb 13, 2015
Yes bank planning to line up for credit card portfolio Feb 12, 2015
Pocket banking – new app by ICICI bank Feb 11, 2015
News Archive