Remember the long list of discounts that banks offer to sell you their credit cards? Now, make the most of all those deals by using this Android and iPhone application that can be downloaded for free.
Twenty-nine-year old Sharmil M Shah’s creation, Redanar, allows users, to keep track of places that offer concessions either before you get there or even while you’re awaiting the bill.
"It’s a publishing application for credit card offers, privilege and loyalty cards," says Shah, adding that the application shows you a map of locations close to you and highlights the places where you can get more and pay less. "For instance, if you’re at Geoffrey’s bar, and it has an offer on your bank’s card, it’ll send you a notification," he says.
How it works
Using GPS, the application borrows your location for the information on the maps. After that, on the basis of the card details you have fed into the system, it will prompt you about where you can go and what merchants have offers running for your card. "If you’re in Delhi and don’t know the city, this can come in handy. The other thing is that most people may be looking for such discounts, even they can get notified," explains Shah.
Currently, the application has information from eight banks such as Citibank, ICICI, HDFC, Axis, HSBC, Bank Of Baroda and State Bank Of India among others. "This stuff is usually marketed with credit card statements, but most people don’t remember that they’re entitled to these discounts," says Shah, adding that there are over a 1,000 offers in the city on different cards including discounts at bars, restaurants, spas and hotels among other services.
Having already recorded hundreds of downloads within only a few months of its launch Shah now plans to make it available for Nokia smartphones and BlackBerry users as well. "The next step will also be to approach merchants independently, so it can become a handy application that tells you what deals places have to offer on their own," Shah says, adding that the aforementioned approach requires a large sales force and audits. "These kinds of apps will only work if they are pervasive."
As of now, the application covers eight major cities including Bangalore, Mumbai, Delhi, Hyderabad, Ahemdabad, Chandigarh and Chennai, and many other smaller towns. "We’re adding information on a daily basis," he says, signing off.