Xpress Money has rolled out its new Xpress Money Rewards Program to offer customers guaranteed cash back each time they transact with the company.
Customers joining the program will receive an instant benefit of AED5 ($1.36) cashback on their first transaction, as well as AED2 ($0.54) cashback for all subsequent transactions.
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In addition, the program has a referral scheme, wherein enrolled customers can earn AED1 ($0.27) on every transaction done by their referrals.
Customers will be able to redeem the cashback after AED10 ($2.72) is accumulated on the rewards card with no maximum redemption limit.
Xpress Money chief operating officer Sudhesh Giriyan said: "We are confident that this is a significant value add and our customers as well as the industry will look at this as a positive move.
"The ‘Xpress Money Rewards Card’ has debuted with the cashback, but we do not plan to stop there. We are working with various partners to offer a bouquet of value adds through the card be it discounts or other promotions."
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By GlobalData
