YES Bank and ANQ Launch Pi and Phi Co-Branded Credit Cards

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Synopsis:

YES Bank collaborates with ANQ, a Bengaluru-based fintech company, to unveil two co-branded credit cards, Pi and Phi. The Pi card offers seamless credit on UPI transactions with no fees, while the Phi card caters to domestic and international spending needs, both offering rewards and benefits. Users can earn up to 8 reward points on Pi and 24 reward points on Phi, enhancing their spending experience.

YES Bank News Today

YES Bank has partnered with ANQ, a fintech company specialising in digital banking solutions, to launch two co-branded credit cards named Pi and Phi, aiming to bridge the gap between traditional banking and fintech innovation.

The founder of Bengaluru-based ANQ, Ashish Khandelwal emphasises their rewards program, where customers can earn gold rewards based on daily gold prices. They want to help people build wealth by turning assets into tokens.

Additional Read: Share Market News

Features of Pi Credit Card

The Pi Credit Card is a digital payment solution facilitating seamless access to credit through UPI transactions. It comes with zero joining or annual fees. Users can get 8 reward points for UPI spends exceeding ₹2000, alongside exclusive RuPay Platinum Benefits. Additionally, the card provides the flexibility to convert purchases into EMIs for convenient repayment.

Features of Phi Credit Card

The Phir Credit Card is designed for both domestic and international transactions without any joining fees, ensuring accessibility for all users. You can earn up to 24 reward points on select categories and 4 reward points on every ₹200 spent.

It offers rewards across various categories such as dining and travel, accompanied by benefits like fuel surcharge waivers and international lounge access.

By introducing these cards together, Yes Bank and ANQ aim to change how digital banking works in India. They focus on making it easier and safer for people to do their banking while providing them with more rewards.

Sources:

https://timesofindia.indiatimes.com/business/india-business/yes-bank-partners-defi-fintech-anq-for-co-branded-credit-cards/articleshow/109735627.cms

https://www.financialexpress.com/money/yes-bank-anq-launch-co-branded-credit-cards-pi-and-phi-know-unique-features-and-benefits-3473109/

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