InterMiles, a travel and way of life rewards plan, has joined hands with monetary and genuine estate tech organization – RedGirraffe – to supply its members far more InterMiles earning possibilities.
With this supply, InterMiles’ co-branded credit card members will get an further avenue for earning digital rewards. They will also love the comfort of paying their property rent on the web applying credit cards as a payment solution.
The lockdown disruption has prompted new customer habits and behaviors resulting in heightened adoption of digital payment platforms for every day utility requirements. To make it superior for the shoppers, the plan lately launched InterMiles every single day which will supply a expanding bouquet of earning possibilities across a number of vital solutions, utility payments, and way of life requirements. With InterMiles’s partnership with RedGirraffe, they are adding ‘home rental payments’ as a advantage for its co-brand credit card members.
The partnership with RentPay from RedGiraffe will allow InterMiles co-brand cardholders to earn accelerated miles on their month-to-month rent payments. In addition, members will also advantage from enhanced credit scores and some further interest earning on money balances retained in the bank when they use credit cards to spend rent as an alternative.
InterMiles is also providing an exclusive restricted period (six months) waiver on the transaction charges payable otherwise on RentPay. Additionally, cardholders can also advantage from RedGiraffe’s insurances such as loss of a job, private accident, and so on. along with other worth-added solutions. This supply is out there to co-brand cardholders from HDFC Bank, ICICI Bank, and IndusInd Bank.
Vikas Chandak, Senior VP, and Head – Business and Strategic Partnerships, InterMiles mentioned, “The company has evolved into an everyday loyalty and rewards platform catering to diverse needs of members. Monthly rent payments are one such need which, for a lot of us, is a significant share of our monthly outgo. We have partnered with RentPay from RedGirraffe to make that extremely rewarding for our members. InterMiles co-brand cardholders can now earn miles on their rent payments with RedGirraffe also extends an exclusive limited time waiver on the service fee. This adds an additional avenue for our co-brand credit card members to earn Miles, accelerate their membership tier growth, and gain from new tier benefits of the program.”
In order to make the property rent payments by way of RedGirraffe, cardholders will have to just produce an account on the RedGirraffe platform and upload their rental agreement and supporting documents. Co-brand credit cards with companion banks HDFC Bank, ICICI Bank, and Induslnd bank will presently be acceptable.