Bengaluru, Karnataka May 4, 2024 – Anq, the forward-thinking banking platform supported by Kunal Shah, has presented its newest product, the X Card, in collaboration with Rupay. The X Card is a prepaid reward card crafted to transform how consumers make purchases and accumulate rewards.
The X Card enables users to spend within their means while earning rewards in the form of digital gold and digital assets for each transaction. With its chip-enabled, contactless design, the X Card provides users with an inter-operable and multi-purpose payment solution across the country.
Customers can easily avail themselves of the X Card by signing up on the Anq banking platform. Once activated, users can earn rewards ranging from 1-16% on every spend, with rewards being market-linked and uncapped. Additionally, popular brand vouchers offering up to 16% in bounties are available in Anq’s shopping section.
The X Card enables users to add funds as needed, with a spending cap of 2 lakh. This feature provides users with the flexibility to efficiently manage their finances while maximizing their rewards potential.
Anq, founded by Ashish Khandelwal, Abhinav AV, and Swagat Sarma, has received substantial backing from prominent investors, including Kunal Shah of CRED, Ashish Sharma of Innoven Capital, and Snow Leopard Capital.
Anq’s prepaid card services are currently accessible on popular platforms such as Swiggy, Zomato, Flipkart, and Amazon, offering users the chance to earn on their everyday purchases.