The Mazeed Cashback Credit Card, which has been launched by Emirates NBD KSA, provides the highest cashback value in a number of different spending categories.
Created in partnership with the international global payments giant Visa, holders of the Mazeed credit card will be eligible to receive up to as much as 10% cashback on both local and international purchases over five categories.
These categories are travel, groceries, pharmaceutical and medical, education, and dining in (which includes the cost of food delivery).
A solid presence within KSA has been established by Emirates NBD, and the firm is still committed to supporting the Kingdom’s continued economic advancement as laid out by Vision 2030, according to the CEO of Emirates NBD KSA, Naser Yousef Al Marzouqi.
Part of the strategy to enhance the firm’s proposition and offering to customers in Saudi Arabia is the introduction of the Mazeed Cashback Credit Card.
This card sets new standards and offers unparalleled value within a very competitive market, says Al Marzouqi.
The crucial lifestyle categories of air travel, luxury hotel accommodation and dining are combined with important household categories such as medical bills; groceries; and school, university and college fees.
Al Marzouqi says that the company is confident that the new card will be warmly received in KSA as Emirates NBD continues to enhance its proposition and expand its presence to support the economic ambitions of businesses and individuals in Saudi Arabia.
Visa is thrilled to be joining forces with Emirates NBD to launch the new Mazeed credit card, according to the general manager of Visa for Saudi Arabia, Ali Bailoun.
Visa works closely with its partners to deliver secure, seamless and unique payment experiences that are perfectly tailored to the evolving lifestyle preferences and requirements of its customers, Ali Bailoun says.
Doing so means that Visa is able to play a crucial part in the digitisation of the payments sector of the Kingdom in alignment with Vision 2020.
Card members will also be given complimentary access to a number of airport lounges all over the world.
Holders of the new Mazeed Cashback Credit Card who travel to the United Arab Emirates for purposes of business or leisure will also get to enjoy extra benefits and privileges at popular UAE spas, health clubs, restaurants and entertainment venues.
Cardholders will also be automatically enrolled in the award-winning loyalty programmes run by Emirates NBD, which include Bon Appetit, LiveWell and GoodTimes.
The bank is committed to simple, seamless banking, and in accordance with that philosophy, card members will be able to make use of flexibility when redeeming cashback points fully or in part by contacting the 24/7 call centre.
The launch of the Mazeed Cashback Credit Card is in alignment with the strategy of Emirates NBD KSA to give its customer base extra value while expanding its retail banking proposition.
KSA is the largest geographical presence that the bank has outside of its major network within the UAE, Egypt and Turkey, and further expansion into Saudi Arabia is planned.