Stashfin Introduces Line of Credit Card for Women – Check Features
The neo-banking platform Stashfin presents #LiveBoundless – a line of credit card specifically for women. On the heels of new value propositions on its Credit Line Card, the platform is bringing the #LiveBoundless card which aims to give women greater financial freedom.
Counted among India’s leaders in the neo-banking space, Stashfin’s #LiveBoundless card offers dedicated cashback rewards, welcome credits, free ATM withdrawals and offers. Plus, a host of other value-added services include 1% cashback on every spend for benefits worth Rs 5,000 in the first year and a free credit period for select customers. The card acts as a virtual and physical medium for shopping, traveling and eating, which differentiates it from existing players in the market.
In recent years, the use of credit cards in India has increased dramatically. According to a study by Statista, India’s credit card market volume was 37.5 million in fiscal year 2018 and reached 57.7 million in fiscal year 2020. A similar northward trend has was seen in fiscal year 2021, when the numbers reached 62 million.
Shruti Aggarwal, co-founder of Stashfin, says: “We are delighted to announce our new #LiveBoundless Card offer specially designed for women. At Stashfin, we have worked with dedication for the financial awareness and independence of our clients – who are the backbone of our business. What sets Stashfin’s latest card apart from other line of credit cards is that it offers greater flexibility for customers, an enhanced rewards program and positioning itself as a card that supports the financial inclusion of women.
“Women have always been at the forefront of financial management. Owning a line of credit card will not only help with their financial inclusion, but also allow them to make better financial decisions with convenience and flexibility. Even the name #LiveBoundless is to tell women that we should live our lives without limits and with absolute freedom. We are extremely proud that with this card we will be able to improve the lives of many women,” adds Shruti.