Do you have an SBI card now this new facility will be available. If you have an SBI card, then there is good news for you. Actually, SBI is preparing to introduce a new facility for its card holder customers.
Do you have an SBI card now this new facility will be available
SBI Card managing director and CEO Ashwini Kumar Tiwari said that the company is considering providing its customers the facility to see their ‘credit score’. Customers will be able to see ‘Credit Score’ by ‘logging in’ on their credit card accounts under this facility.
He said that some things can be implemented here. One of them is the provision of credit bureau scores for credit card holders. Whenever card holders ‘log in’ to their account, they will be able to see the credit score. There will be no additional charge for this.
He further said that I have discussed this with my team. It can be implemented. We are working on its modalities right now. With this, cardholders will be able to find out at any time what the trend of credit bureau scores is.
Ashwini Kumar Tiwari said that ‘co-branded’ can also be started. Here card companies and banks collaborate on a scheme which is run by retail companies. Giving the example of the US, he said that if someone buys goods from a retail shop in the US and does not have a card, then he can ask to provide it.
If the person agrees, they will ask him only the social security number and if the customer’s ‘credit score’ is good, he will issue the card to him in 5 to 10 minutes. The card may come later but the number is known. The person concerned can avail the purchase through him. Tiwari said that we should work in this direction so that the card can be issued at the point of sale from the retail shopkeepers.