View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
  2. Company news
December 22, 2019

Emirates NBD Mazeed offers highest cashback rewards in Saudi Arabia

By Douglas Blakey

Emirates NBD Mazeed cashback credit card will offer the highest cashback rewards in Saudi Arabia.

In particular, the new card offers up to 10% cashback across five categories. For example, cashback is available for travel; dining; groceries; education; and medical and pharmaceutical.

The Emirates NBD Mazeed cashback credit card is Visa branded. Moreover, cardholders will receive up to 10% cashback on domestic and international expenditure.

Naser Yousef Al Marzouqi, CEO of Emirates NBD KSA says: “Emirates NBD has established a solid presence in KSA. It remains deeply committed to supporting continued economic progress in the Kingdom.

“As part of our strategy to enhance our offering and proposition to Saudi customers, we are delighted to introduce the Mazeed Cashback Credit Card. This sets new standards with unmatched value offering in a highly competitive market. It combines the most important lifestyle categories of dining, air travel and luxury hotel accommodation along with essential household categories including school, college and university fees, groceries and medical bills.

“We are confident that the card will be well received in KSA as we continue to enhance our proposition. And expand presence to serve and support the economic ambitions of Saudi individuals and businesses.”

Ali Bailoun, General Manager for Saudi Arabia, Visa adds: “Visa is delighted to partner with Emirates NBD to launch its new credit card, Mazeed.”

Emirates NBD Mazeed: complimentary airport lounge access

“In doing so, Visa continues to play an integral role in digitising the Kingdom’s payments sector in line with Vision 2030.”

Card members will also enjoy complimentary access to selected airport lounges across the world. In addition, cardholders travelling to UAE for business or leisure will enjoy additional privileges and benefits at popular UAE restaurants, family entertainment destinations, health clubs and spas, with automatic enrolment to Emirates NBD’s award-winning loyalty programmes: Bon Appetit; GoodTimes; and LiveWell.

Emirates NBD currently operates four full-fledged branches in Saudi Arabia. Specifically, the bank has two branches in Riyadh, one in Jeddah and another in Khobar.

In addition, the bank plans to open 20 additional branches in the Kingdom.

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A weekly roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Electronic Payments International