Current Affairs - Banking - Discussion

Axis Bank partnered with fintech company Scapia to launch a co-branded travel credit card on September 4, 2026. The card is designed for travel-focused consumers and is available on both Mastercard and RuPay networks. It offers rewards of up to 10% on eligible everyday spending and up to 20% in Scapia Coins on travel bookings through the Scapia app. Other benefits include zero forex markup, Smart Forex technology, premium airport lounge access, and dining and retail privileges. The partnership represents Scapia’s third banking collaboration and expands its travel-focused financial services offering.