Indian HDFC Bank announced the beginning of cooperation with Marriott Bonvoy, the Marriott International travel program, in order to launch a co-branded hotel credit card.
The Marriott Bonvoy HDFC bank credit card should become one of the most profitable travel cards in India. The relevant information is contained in the joint press release of the company and the lender. This credit card will be issued by Diners Club International, a firm that is part of the Discover global network.
The press release also indicates that the credit card will combine the strengths of both brands and offer consumers a wide range of travel benefits. Marriott Bonvoy owners will have Silver Elite status, which provides exclusive tariff solutions, priority late check-out, bonus points, and other favorable offers.
Ranju Alex, Marriott International’s Regional Vice President for South Asia, says that this collaboration is aimed at introducing a new generation of Indian researchers to the world of travel. The partnership between Marriott Bonvoy and HDFC Bank is to a certain extent based on a common understanding between the parties of the interaction of what hospitality is. The financial institution and the company will offer consumers individual solutions that are not limited to organizing the process of staying at the hotel.
Parag Rao, Head of Payment Business, Consumer Finance, Technology and Digital Banking at HDFC Bank, says that the launch of the first co-branded credit card for hotels in the Indian market reflects the commitment of this organization to providing innovative solutions. This card is designed to improve the user experience of the owners of the means of payment by providing exclusive benefits, rewards, and simplified access to the Marriott International travel program.
Chris Winter, Vice President of International Markets at Diners Club International, says that this partnership is beneficial for those who travel professionally and for leisure, and for those who use the card for everyday local expenses.
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Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
