UAE’s RAKBANK has introduced the new World MasterCard Credit Card, which will provide up to 10% cashback on travel, hotel dining, and supermarket spends along with various dining and lifestyle privileges, travel and insurance benefits.
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The World Credit cardholders will also receive 50% cashback on movie tickets at cinemas across the globe, global airport lounge access, hotel privileges, as well as car rental offers among others benefits.
Moreover, the card will offer 0% easy payment plans for three, six, nine or 12 months at various participating merchants, and a 0% interest on balance transfer for three months.
RAKBANK head of retail banking Ian Hodges said: "RAKBANK was the first in the country to offer a permanent ‘cashback’ feature back in 2006 on its credit and debit cards.
"Following its success and the positive customer feedback, we launched a suite of conventional and Shari’ah-compliant credit cards since then that continue to offer cashback, the latest of which is the Bank’s first premium Credit Card – the RAKBANK World MasterCard Credit Card."
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By GlobalData
