Ola Credit Card launched in partnership with SBI — up to 20% cashback, no joining fees

Ola today announced that it has partnered with State Bank of India to launch Ola Money Credit Card in India. It is said to be India's first such co-branding initiative in the segment and the company is offering 1% cashback on all other spends along with early bird offers. Ola Money SBI Credit Card is powered by Visa and claims to provide a seamless, flexible, and convenient payment system. Ola is offering cash back and rewards to the credit card users across various services like Ola rides, Cleartrip, Dineout and it will be instantly credited to user's Ola Money account with lifetime validity. It is redeemable on Ola, Dineout, Cleartrip, and 1500+ other merchants. Ola Money SBI Credit Card Offers The list of cashbacks and rewards for the card users include 7% cashback on all Ola rides 5% cashback on flight tickets via Cleartrip. Cashback amount is capped at Rs. 5,000 for domestic and Rs. 15,000 for international bookings. 20% cashback on hotel bookings via Cleartrip 20% cashback on restaurant bills via Dineout. Maximum cashback in 12 months is Rs. 2400 1% cashback on all other spends Fuel surcharge waiver Apart from this, as an Early Bird offer, users get Rs.500 as Ola Money, Rs.300 Cleartrip ...