RBL Bank, Practo launch Indiaâ€™s first health-focused credit card
Mumbai/Bengaluru, Aug 9, 2019: Private sector bank RBL Bank and digital healthcare platform Practo recently launched a co-branded health-focused credit card – RBL Bank Practo Plus — powered by Mastercard.
This credit card is available on both Practo and RBL mobile apps and websites.
The card is designed to cater to customers in both metros and non-metro cities, through Practo and RBL Bank’s extensive customer base that spans across the country the companies said.
They also said that with benefits like unlimited online consultations with doctors 24*7, users are guaranteed that there is an experienced qualified doctor available to them whenever there is a need .
Harjeet Toor, Head – Retail, Inclusion and Rural Businesses, RBL Bank, said, “Healthcare is a largely untapped segment and this partnership will be a great opportunity for the Bank and Practo to leverage each other’s strengths to capture the market and offer customers a one-of-a-kind health card with exciting offers. RBL Bank’s credit cards business has performed extremely well this year and with this partnership, we look forward to strengthen our business further by entering a new market segment.”
Tarun Bhambra, VP & Business Head, Practo, said: “This card allows consumers to use their regular spends for household expenses for subsidizing their monthly health spends on Practo platform. At Practo, it's our constant endeavor to make healthcare simpler, more accessible and affordable. This card is one step towards achieving this vision.”
The benefits of RBL Bank Practo Plus credit card, as announced by the collaborating companies, include:
Unlimited online consultations with doctors 24*7 for 1 year
One free full body health check-up
For every Rs. 100 spent on this card, cardholder earns 1 Practo HealthCash
HealthCash can be used while availing Practo services like ordering medicine, tests, online consultations (1 Healthcash = 1 Rupee)
According to the service providing companies, as soon as an RBL Bank Practo Plus credit card is issued, a Practo health plan account is created on the Practo app.
The cardholders need to log-in with their registered mobile numbers to access this plan under the MyHealth Plan section on Practo.
The card also comes with complimentary access to the domestic airport lounge twice every quarter.