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May 4, 2020

Bank Muscat offers 5% cashback on credit card payments

Oman-based financial services provider Bank Muscat has unveiled a cashback promotion of up to 5% on its credit card transactions.

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All the cardholders of the bank are eligible for the cashback. The promotion will be applicable until 31 May 2020.

Customers can directly use their credit cards for payments at groceries, hypermarkets, merchants and restaurants as well as online sites to avail the cash rewards.

The rewards earned will be credited into the cardholder’s account at the end of the promotion period.

Customers can receive up to 5% cashback at restaurants and cafes, 3% at online sites, and 1% at groceries and supermarkets.

Bank Muscat said ‘Just Tap’ contactless cards are designed to make everyday purchases secure and convenient especially during the ongoing Covid-19 outbreak.

The bank has also increased the daily limit for pin-less contactless transactions to OMR40.

The cards also provide access to the largest network of branches, ATMs and CDMs across the country.

Bank Muscat cards and eBanking AGM Amjad Lawati said: “Bank Muscat cards spell convenience and security, providing a secure option to pay for their transactions with minimal effort using its Just Tap contactless cards.

“Through this campaign, the bank reiterates its commitment to offer them an attractive value proposition on its credit card spends and offer them excellent rewards.”

Free Report
img

Prepare for changes in the Payments market

 The Payments market has seen drastic changes in the past few years, with this only expected to continue. What does your company need to do to prepare for what’s to come? GlobalData’s Payment Trends for 2022 report explores the key trends in technology, consumer habits, and regulations shaping the market. We also identify the leading companies in this changing market, giving you a competitive market outlook. This report covers the impact of:
  • ESG
  • E-commerce
  • Mobile payments
  • Alternative payment rails (Real-Time Payments, Blockchain, BNPL)
  • Fraud & Cybersecurity
  • Regulations
Download the report now to learn essential strategies to maximize your growth in the face of rapid change.
by GlobalData
Enter your details here to receive your free Report.

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