Viet Capital Bank, 7-Eleven and JCB have teamed up to launch the Viet Capital Bank JCB 7-Eleven credit card.

The co-branded credit card is the first to be released by a Vietnamese convenience store.

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7-Eleven opened its first stores in Vietnam in 2017. It aims to operate 1,000 stores in the country by 2027.

The Viet Capital Bank JCB 7-Eleven credit card features introductory offers. These include no annual cardholder fee for life and an interest fee period of up to 55 days for account settlement.

The 7-Eleven loyalty programme offers 1 point for every VND1,000 of expenditure.

In addition, the Viet Capital Bank rewards programme offers 5 points for every VND1,000 of expenditure.

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Viet Capital Bank reported a pre-tax profit of VND200bn up 27% year-over-year. Total assets grew by 16% y-o-y to VND60,000bn.