Mumbai: Private sector lender ICICI Bank on Friday launched India's first credit card with a transparent design.
The card, part of ICICI Bank's 'Gemstone Collection', has been launched in association with American Express.
The 'ICICI Bank Coral American Express Credit Card' will provide benefits on the lifestyle front, including an introductory extended credit period offer and bonus reward points on online transactions, ICICI Bank Executive Director Rajeev Sabharwal said here.
"The card combines the strengths and capabilities of both organisations and offers an exciting new payment choice to customers," American Express President (South Asia) Sanjay Rishi said.
Plastic credit cards are generally opaque in nature, having details like the card holders' name, photograph, signature and bar code, among others. This card has all these features, but without the opacity.
Its features include an extended period for repaying of retail purchases for the first two bill cycles by paying the minimum amount due.
Other offers include complimentary movie tickets, access to certain lounges at Mumbai and Delhi airports, minimum 15 percent discount on bills at leading restaurants across the country and no surcharge on fuel transactions at HPCL outlets, among others.
