SBI Card and Apollo Hospitals Group launch Apollo-SBI Card

The card is designed to meet complete healthcare needs of the family along the entire healthcare journey

SBI Card, the country`s second largest credit card issuer, and Apollo Hospitals Group, India`s integrated healthcare services provider announced their partnership to launch the Apollo SBI Card – a first of its kind co-branded credit card in the healthcare segment. Designed to meet the complete healthcare needs of the family, the Apollo SBI Card is a product that offers a value proposition to consumers in the health and wellness space.

The Apollo SBI card is a first of its kind card that offers exclusive benefits and exceptional value to the wellness conscious consumer on all healthcare spends. Through this partnership, card holders will be able to access services from the extensive Apollo Healthcare ecosystem, which includes the Apollo Hospitals, Apollo Clinics, Apollo Pharmacy, Apollo Diagnostics, Apollo Cradle, Apollo Sugar, Apollo White Dental, Apollo Spectra, Apollo Life Studio, Apollo Telehealth Services (ATHS) and Apollo Homecare. The Apollo SBI Card will comprehensively cover all the health and wellness needs of family members at different stages of the healthcare journey.

Apollo SBI cardholders receive complimentary OneApollo membership through which they can enjoy exclusive discounts and savings of upto 10 per cent on health check-ups, diagnostic services, pharmacy products, physiotherapy etc.

Speaking at the launch, Rajnish Kumar, Chairman, SBI said, “SBI Card has been on a consistent growth path over last few years. Its customer centric business approach and focus on delivering innovative, market leading products have ensured rapid growth and made it one of the largest card issuers in India. The tie up with Apollo will enable us to bring a unique value proposition to customers in the country`s expanding healthcare and wellness segment.”

Commenting on the launch, Hardayal Prasad, MD & CEO, SBI Card said, “Increasing health consciousness and focus on overall wellness is a growing trend among Indian consumers across ages, making health and wellness one of the fastest growing segments at present. Consumer spends on health and wellness are on the rise. In our portfolio, we have observed health and wellness spends have been growing 30 per cent YOY over last few years. India has one of the youngest populations in the world today. As this population ages, demand for healthcare is set to rise further.”