NE BUSINESS BUREAU
MUMBAI, DEC 18
IndusInd Bank in partnership with Mastercard announced the launch of its first metal credit card – ‘PIONEER Heritage’ for the Bank’s ultra-high net worth segment of customers, according to a release.
Equipped with best-in-class features & privileges across an array of categories like travel, wellness, lifestyle among others, the all-new credit card has been specially curated to match the requirements of affluent Indian professionals and entrepreneurs. It is also part of the ‘World Elite’ platform by Mastercard comprising privileges that complement the lifestyle of the discerning few. The ‘World Elite’ platform is Mastercard’s signature global program that offers the choicest benefits to HNI cardholders across their passion points.
With the launch of the ‘Pioneer Heritage Credit Card’, IndusInd Bank has joined the ranks with few other banks globally, that offer a credit card which has been exquisitely crafted with metal.
Speaking on the launch of the new card, Mr. Samir Dewan, Head – Affluent Banking, IndusInd Bank said, “At IndusInd Bank, we believe that it is important to anticipate our customers’ needs, and curate the most rewarding experiences for them. With the launch of the PIONEER Heritage Credit Card, we are strengthening as well as broadening our card proposition for the PIONEER banking customers, providing them access to world class services by leveraging on our wide network and relationships. We believe, the new credit card is a compelling proposition that offers best-in-class privileges and indulgences across travel, wellness, lifestyle and luxury categories, thereby offering our wealth customers with an unmatched banking experience.”
Commenting on the launch, Mr. Aman Ahuja, Vice President, Product and Innovation, South Asia, Mastercard said “Mastercard is pleased to partner with IndusInd Bank for the launch of our very first metal credit card ‘PIONEER Heritage’. India has over a million millionaires, and the number is growing by 12-13% every year. These High-Net-Worth-Individuals (HNWIs) exhibit an increasing demand for services, experiences, and differentiated products. Mastercard is committed to bringing customized experiences to this elite, affluent segment. This metal credit card is specially designed to offer Priceless moments to the ultra-high net worth segment of customers to meet their diverse preferences with meticulously customized offerings. This card offers a combination of niche banking solutions and carefully curated lifestyle privileges.”
Key benefits of the ‘IndusInd Bank Pioneer Heritage Credit Card’ as follows:
Travel
- Unlimited complimentary access to participating international and domestic airport lounges
Financial
- Waiver on card annual fee if the cardholder meets the minimum spends criteria of INR 10,00,000 or more (combined spends of Primary and all Add-on Cards, if any) during the period
- Lifetime waiver of late payment charges, cash advance fee as well as over limit fee
Lifestyle
- Unlimited complimentary golf games and lessons at select golf courses in India
- 4 complimentary movie tickets per quarter as well as 20% discount on events on bookmyshow.com
- Complimentary membership for the card holder and his/her spouse to the Club ITC Culinaire
Insurance
- Complimentary personal air accident cover of Rs. 2.5 crores
- Insurance cover for a sum up to the credit limit on the card
- Lost baggage insurance of Rs.1,00,000
- Loss of travel document insurance of Rs. 75,000
To apply for the ‘IndusInd Bank Pioneer Heritage Credit Card’, one can visit any of the existing IndusInd Bank PIONEER lounges or can also contact their PIONEER relationship manger. More information on this credit card is available on < https://bank.indusind.com/pioneer/personal-banking/cards/pioneer-heritgae-credit-card.html >
PIONEER Banking
IndusInd Bank launched ‘PIONEER Banking, its wealth management platform in January 2020, which caters to the high net worth segment of customers. Based on state-of-the-art research based capabilities of the Bank, the service merges bespoke wealth management solutions with a wide array of personal & commercial banking products, curated to suit the requirements of the discerning few, the release added.
