HDFC Bank & Marriott Bonvoy launch India’s first co-brand hotel credit card
By Gloria Methri
HDFC Bank has joined hands with Marriott Bonvoy, Marriott International’s travel program, to launch the ‘Marriott Bonvoy HDFC Bank Credit Card’, India’s first co-branded hotel credit card. The credit card will run on Diners Club, part of the Discover Global Network, and aims to be one of the most rewarding travel cards in India.
The Marriott Bonvoy HDFC Bank credit card leverages the strengths of the two brands, offering consumers multiple travel benefits, including Silver Elite Status with Marriott Bonvoy, which comes with benefits such as priority late checkout, exclusive member rates, Marriott Bonvoy bonus points, and much more.
“We are excited to launch our first Marriott Bonvoy co-branded credit card in India, following successful launches in Japan and South Korea,” said Ranju Alex, Area Vice-President, South Asia, Marriott International. “With the potential to open the world of travel to a new generation of Indian explorers, the combination of benefits from two powerful brands underscores our commitment to providing members with more ways to earn through everyday purchases. More importantly, this collaboration accentuates our holistic vision of hospitality and allows us to add personalised benefits for our members, that extend beyond hotel stays.”
Parag Rao, Country Head of Payment Business, Consumer Finance, Technology and Digital Banking at HDFC Bank said, “We are pleased to introduce India’s first co-branded hotel credit card in partnership with Marriott Bonvoy. With this card, we aim to enhance the travel experiences of our valued cardholders by offering exclusive benefits, rewards, and seamless access to Marriott International’s award-winning travel program.”
“Cardholders who favor travel rewards cards will also value access to travel benefits and privileges that Diners Club offers in the market and globally,” said Chris Winter, Vice President of International Markets at Diners Club International. “Our unique partnership model has built a strong acceptance footprint around the world to benefit those that travel both for work and pleasure, as well as those using the card for everyday local spend.”
Designed with the new generation of travelers in mind, the Marriott Bonvoy HDFC Bank credit cardholders can earn Marriott Bonvoy points on eligible spending. These points can be redeemed at participating hotels across the Marriott Bonvoy portfolio. This includes free nights and upgrades within the 31-brand portfolio experiences through Marriott Bonvoy Moments, and signature branded products from Marriott Bonvoy Boutiques, among others. The cardholders will also have the convenience to transfer points to nearly 40 airlines across the globe.
IBSi Daily News Analysis
January 16, 2024
co-branded credit card
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