IndiGo, Kotak Mahindra Bank To Launch Co-Branded Credit Card: Check Features

IndiGo airlines, in partnership with Kotak Mahindra Bank, launched a co-branded credit card which allows customers to gain points that can be used to purchase tickets on its flights.  The Kotak IndiGo 'Ka-ching' credit card comes in two variants -- 6E Rewards and 6E Rewards XL, the airline said in a statement.

In the statement, the airline said that as a part of welcome benefits, customers of the credit card will avail a complimentary air ticket worth up to Rs 3,000. The credit card was launched by IndiGo chief commercial officer William Boulter and Kotak Mahindra Bank president for consumer assets Ambuj Chandna at the Delhi airport.

The co-branded credit card will enable customers to accrue accelerated '6E Rewards' (points) on all spends that can be redeemed against the purchase of airline tickets anytime with no blackout dates.

Customers will have access to other special benefits on IndiGo, including discounted convenience fee, priority check-in, choice of seat and a complimentary meal, besides earning additional rewards on dining, shopping, transport, medical bill, utilities, fuel and other major categories, according to the company's statement.

"With travel taking off in a big way, we have partnered with IndiGo to help our customers go places with Ka-ching...The Kotak-IndiGo Credit Card is a valuable addition to our growing portfolio of cards and will be the preferred card in our customers' wallets," said Chandna.

Shares of InterGlobe Aviation Limited - the operator of IndiGo airlines, settled 1.54 per cent lower at Rs 1,978.05 apiece on the BSE. Shares of InterGlobe Aviation opened on the BSE at Rs 2,008.95, touching an intra day high of Rs 2,023.95 and an intra day low of Rs 1,960, throughout the trading session.