Ahlibank Qatar has partnered with Visa to launch a new credit card, Ahlibank Visa Signature, in the country.

Designed for affluent customers and frequent travellers, the new credit card provides customers free access to over 700 airport lounges across the world, a concierge service with dedicated phone lines seven days a week and a higher loyalty points earn rate of one Pearl Points per QR3 spent.

Additionally, the card also offers no foreign exchange mark up on overseas transactions.

Ahlibank Qatar retail banking head Andrew McKechnie was quoted by Gulf Times as saying that the card launch would provide a compelling alternative for the customer who travels frequently.

"One of the things our customers are telling us is that their time is precious, and they need services that fit their lifestyles," McKechnie added.

"Our aim with the new Visa Signature credit card is to provide an inspirational package of benefits to ensure cardholders get nothing but the best wherever and whenever they go."

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To avail the new credit card, existing customers of Ahlibank should complete an upgrade form, whereas new customers have to apply at any of the bank’s 16 branches.

Visa, Middle East and North Africa products head P J Hill said the Ahlibank Visa Signature credit card is well suited for the affluent segment in Qatar and offers cardholders exclusive rewards and enriches their overall travel experience.

"Visa is excited to support ABQ’s plans to offer superior products and value to their high net worth clients who can enjoy the practical, safe and convenient purchasing experience that all Visa products offer," Hill added.