Future Group Ventures into Credit Card biz with ICICI Bank

ICICI Big BazaarIt could be a venture that could bring one of the most innovative companies in their respective businesses to launch a co-branded credit card.

Future Group’s financial services arm, Future Capital Holdings has tied up with India’s largest private sector bank, ICICI to launch Future Card, which is a credit card cum loyalty card. As opposed to the current ICICI Bank Big Bazaar card, this card would offer customers discounts and benefits across all Future Group stores such as Pantaloons, Central, Big Bazaar, Food Bazaar, Home Town, e-zone among others.

Customers will receive four loyalty points for every Rs 100 spent at Future group’s retail stores and one loyalty point for every Rs 200 spent outside the group’s retail stores. All 5 lakh existing holders of ICICI Bank Big Bazaar card would have option to migrate to Future Card.

While ICICI will do all the legal work along with collection and recovery of money from card holders, Future Group would market and distribute the cards for which it will receive Rs.600 for every new credit card issued.

Find this article at: http://www.labnol.org/india/corporate/future-group-ventures-into-credit-card-biz-with-icici-bank/1756/

Tags: , , , Corporate, India

Reader Comments

Dear Sir/Madam,

I need some detail of ICICI BaNK FUTURE cARD. and also any hidden cost plz confirmed.

I m waiting your reply

thnx n regards
‘anand

DEAR SIR/MAM,
KINDLY FURNISH THE DETAILS OF ICICI BANK FUTURE CARD ,MERITS AND HOW TO APPLY FOR IT.

WITH REGARDS
HARISH UNIYAL

what is the elegibity criteria of fouture card for icicibank a/c holder & salaried person

i have applied for icici bank future card 1 month before every thing is done from bank, from verification to personal visit in office and home, and after verification i have not got reply or call from bank, pls! help me out regarding this

Dear sir,
Pls let me know is there any hidden charges in ICICI Bank FUTURE CARD

I want to know that how can I see my credit card statement frequently & at which date I can get physical statement at my given postal address in time.

I just wanted to know is there any Balance transfer facility avialable for ICICI Bank Future card.

Thanks In Advance..



Google Custom Search