Kuwait Times, Sun, Dec 10, 2023 | Jumada Al-Uola 26, 1445
NBK partners with Qatar Airways, British Airways to launch NBK Avios Visa Card
Kuwait:
With its commitment to providing
exceptional banking experiences through outstanding products and services,
National Bank of Kuwait (NBK) has unveiled the NBK Avios Visa Signature Prepaid
Card in partnership with Qatar Airways Privilege Club and British Airways
Executive Club. This Visa prepaid card, the first of its kind in the MENA
region, reflects NBK’s commitment to innovation.
With this new co-branded card, NBK has collaborated with two globally renowned
airlines, Qatar Airways and British Airways, to provide exclusive rewards and
benefits to its customers. Marking the launch of this new prepaid card, NBK held
a signing ceremony at its headquarters with Visa, Qatar Airways and British
Airways, which was attended by NBK executive management, Marwan Koleilat –
Senior Vice President, Eastern Regions at Qatar Airways along with his team,
Nicole Crowdey, Global Partnerships Manager at IAG Loyalty along with her
British Airways team, Visa’s Dr Saeeda Jaffar, SVP & Group Country Manager –
GCC, and Michael Berner, Head of Merchant Sales and Acquiring for CEMEA.
The NBK Avios Visa Signature Card empowers customers to collect Avios, the
rewards currency for Qatar Airways Privilege Club and British Airways, on their
everyday payments. Members can opt for their preferred airline loyalty program
at the time of the application and will earn Avios on every transaction made
with the prepaid card. Members can choose to redeem their Avios for rewards of
their choice including flights, upgrades and more with their chosen loyalty
program.
Among key benefits of the NBK Avios Visa Signature Card, when the customer
chooses Qatar Airways Privilege Club as the preferred airline loyalty program,
include bonus on first usage and renewal of the prepaid card, accelerated
opportunity to earn Avios on international spends and flight bookings with Qatar
Airways, the opportunity for tier fast-track to Silver or Gold tier and much
more. If a customer chooses British Airways Executive Club as the preferred
airline loyalty program, they will benefit from bonus on first usage and also
renewal of the prepaid card, accelerated opportunity to earn Avios on
international spends and flight bookings with British Airways and much more.
Applying for the card is easy and convenient with NBK Mobile Banking App,
allowing customers to quickly start enjoying seamless online transactions. Once
added to the digital wallet, the card is instantly ready for use.
Commenting on this launch, Mohammed Al-Othman, CEO of Consumer and Digital
Banking Group at National Bank of Kuwait, expressed his enthusiasm, stating,
“We’re excited to join forces with two of the prominent airline industry leaders
to unveil a first of its kind prepaid card in the region, jointly co-branded
with Qatar Airways and British Airways and powered by Visa —offering distinct
benefits to our valued customers. “The introduction of this new prepaid card
reflects NBK’s dedication to delivering an impeccable banking experience to it
scustomers. By providing an unmatched array of travel rewards and benefits, this
card is designed to cater to the diverse needs of customers, especially in the
highly popular travel sector,” he added.
Al-Othman emphasized that NBK consistently strives to cultivate strategic
partnerships with leading global institutions across all sectors. This approach
not only solidifies the bank’s leadership but also enriches the customer’s
banking experience. He highlighted that the bank works around the clock to meet
the evolving needs and aspirations of our clients. Additionally, the bank
strives to cater to customer preferences, demonstrating a steadfast commitment
to offering the best and most advanced products and services.
Senior Vice President, Eastern Regions at Qatar Airways, Marwan Koleilat, said:
“Qatar Airways is globally recognized for its award-winning products and
services and with Privilege Club we strive to build the same sentiment among our
members from all around the world by providing them with products and services
that enhance their lifestyle and travel experiences. As part of our strategy to
collaborate with exceptional and innovative partners, we are joining forces with
National Bank of Kuwait to offer members the best collecting and spending
opportunities. We look forward to seeing our Privilege Club members in Kuwait
benefiting from the NBK Avios Signature Card launched in collaboration with NBK,
British Airways and Visa.”
Colm Lacy, British Airways’ Chief Commercial Offer, said: “The Avios currency
will give Middle Eastern consumers more exclusive travel benefits, bringing them
one step closer to their next flight or holiday. We’re pleased to partner with
National Bank of Kuwait to bring the new co-branded credit card to market and
give consumers more opportunities to convert their daily expenses into exciting
rewards.”
“We’re excited to partner with National Bank of Kuwait to launch this
first-of-its-kind Visa card in the MENA region. The NBK Avios Visa Signature
Card is designed to enhance the travel experience of cardholders who will enjoy
convenient and secure payments at our more than 130 million merchants worldwide.
As a prepaid card, it will help drive financial inclusion so more consumers can
enjoy the benefits of digital commerce. We remain committed to collaborating
with our local partners to deliver innovative solutions that meet the evolving
needs of our cardholders and reward them when shopping and paying with their
Visa card,” Dr Saeeda Jaffar, Visa’s SVP and Group Country Manager for GCC.
Mohammed Al-Othman: We are dedicated to providing an exceptional banking
experience that reflects our unwavering commitment to delivering
state-of-the-art services to our customers. We work around the clock to meet the
evolving needs and aspirations of our clients.
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