Mumbai, November 22: DBS Bank India today announced the launch of its first co-branded international debit card in an exclusive partnership with online supermarket giant Big Basket. The card will enable new consumers of digibank to earn an assured cash-back on every order placed on Big Basket app and website.

Additionally, the digiSavings account offers an attractive interest rate of up to 7 per cent and allows consumers to have instant access to insurance products, personal loans, mutual funds, and more through the digibank app. digibank’s customer-friendly interface and innovative approach saves time, energy and money.

Commenting on the card launch, Shantanu Sengupta, MD and Head, Consumer Banking Group, DBS India said,

“We are delighted to partner with Bigbasket as there are strong synergies among our customer base. We are here to make the consumer’s life easier, as they are hard pressed with time.”

Needless to say, that this unique debit card has made online grocery shopping much easier. Curated to suit the needs of digitally-savvy consumers at digibank - the card offers incredible value for their grocery needs, keeping in mind the needs of the time-starved consumer.

Sengupta further added, “They seek instantaneous access and one-stop solutions at their finger-tips. The new co-branded card does just that by offering exciting cash backs and other benefits.”

Speaking about the association, Vipul Parekh, Co-Founder, Bigbasket, said,

“Our partnership with DBS Bank India is yet another milestone towards providing impeccable customer experience and benefits. Apart from being able to shop for a wide variety of products, the card will enable them to avail cash back, making it a wonderful value proposition, every time they make a purchase with us.”

Consumers can download the digibank app from the Google play store or Apple app store and sign up for a digiSavings account, using the referral code ‘BB’. They can activate the debit card from the digibank app to transact seamlessly and avail the five per cent cash back among other benefits.

Servicing over one crore registered customers and one lakh orders per day, Bigbasket has grown into India’s largest online supermarket with over 20,000 products from over 1000 brands and presence in 25 cities across the country.

On the other hand, DBS is a leading financial services group in Asia, with over 280 branches across 18 markets.