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November 12, 2018

CIMB Niaga, JCB launch new co-branded card in Indonesia

CIMB Niaga bank and JCB International have partnered to launch a co-branded credit card designed specifically for women.

The CIMB Niaga JCB Precious Card offer shopping, health and beauty benefits. These include free health insurance and instalment options on certain payments at hospital, health and beauty merchants.

The shopping privileges provided by the credit card include free shopping voucher on certain spends at retailers.

In addition, the CIMB Niaga JCB Precious Card comes with 5x higher conversion value for every Poin Xtra redemption. This is compared to other CIMB Niaga cards.

CIMB Niaga director of consumer banking Lani Darmawan said: “As a bank that understands women’s needs, we provide health and beauty privileges such as free health insurance for breast and cervix cancer worth IDR100m ($6,800).

“We also provide 0% installments for three months with a minimum IDR500,000 transaction at the merchant categories of hospital, health and beauty.

“Cardholders are also able to redeem their Poin Xtra for their choice of gifts. These include airline mileage and access to airport lounges in Indonesian big cities.”

The CIMB Niaga JCB Precious Card charges zero annual fees in the first year. Furthermore, it can be continued in following years if the customer spends a minimum of IDR30m annually on retail transactions.

Additional benefits of the card include fixed instalments, privileges at select restaurants, travel agents and e-commerce, and Quick Pay capability for bill payments.

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