With 4 years validity, both cards come with hosts of benefits including 2X Rewards Points on LIC Renewal Premium Payments
Mumbai –29 July 2021: LIC Cards Services Limited (LIC CSL) and IDBI Bank partners to launch two variants of co-branded RuPay Credit Cards - LIC CSL ‘Lumine’ Platinum Credit Card and LIC CSL ‘Eclat’ Select Credit Card powered by IDBI Bank. Initially, the card variants are targeted to LIC Policyholders, LIC Agents, and Employees of LIC of India and its Subsidiaries/Associates. The cards come with a host of attractive benefits for the customers. Lumine and Eclat cardholders may enjoy the best-in-class credit limit to suit their Lifestyle. Cardholders will earn 3 delight points on every spend of Rs. 100 through Lumine card and 4 delight points on Eclat card. These cards offer special benefit of 2X reward points while paying renewal insurance premium of LIC.
Lumine and Eclat Cardholders will earn 1000 and 1500 Welcome Bonus Delight Points respectively on spending Rs. 10,000 within 60 days from the date of card issuance. The cards come with attractive Insurance Coverage viz. Air Accident Insurance Cover, Personal Accident/ Permanent Disability cover, Credit Shield Cover, and Zero Lost Card Liability. Along with the benefit of 1% fuel surcharge waiver on transactions of Rs. 400 onwards, both cards have the facility for its users to convert their transactions of over Rs. 3000 to EMI with zero processing and foreclosure fee. They can choose their EMI tenure options of 3, 6, 9 or 12 months as per their requirement. The Eclat cardholders will also get complimentary lounge access at Domestic and International Airports. Both the cards come with a validity of 4 years and interest free credit period of up to 48 days.
As part of the ‘welcome aboard’ offer, the cards are also offering various attractive merchant discount offers for its initial customers.
Official Press Release Source Link - https://www.npci.org.in/PDF/npci/press-releases/2021/NPCI-Press-Release-LIC-CSL-launches-Co-branded-RuPay-Credit-Cards-powered-by-IDBI-Bank-Lumine-and-Eclat.pdf