Citibank Launches the 100,000 Skywards Miles Program |
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Dubai- In a move designed to exceed customers' aspirations for a rewarding, comprehensive banking relationship, CitibankCitibank
today launched, the first of its kind, 100,000 Skywards Miles Program targeting Citigold profile clients with USD 100,000 in investable assets.The 100,000 Skywards Miles Program provides customers with the opportunity to avail two valuable banking products, Citigold and Ultimate Card, along with 100,000 Skywards Miles. With the Skywards Miles, customers can fly Business Class to Paris, Venice, Seychelles, or other exciting destinations, or even as far New York or Sydney on Economy Class.
The Citigold and Ultimate Products provide the following benefits:
· Unlimited Skywards Miles on everyday Debit and Credit Card purchases
· Up to 5 Free Supplementary Cards
· Access to more than 500 airport lounges worldwide with Free Priority Pass Membership
· International Concierge Service
· Special offers and discounts at over 40,000 outlets worldwide with Citibank World Privileges
· Attractive rates on savings accounts
· A wide range of investment vehicles and mutual funds to choose from
Citigold is focused on providing its customers with personalized and comprehensive financial planning solutions to help them achieve their financial goals. The offering is for individuals with a minimum portfolio value of USD 100,000 whereby Citigold customers are provided with wealth management products to preserve and potentially grow their wealth.
"As the banking industry experiences rapid changes globally, it's important to support customers in these special times and to keep the focus on their evolving needs," said Sanjoy Sen, Country Business Manager for CitibankCitibank's Consumer Banking business in UAE. "The 100,000-Mile campaign comes loaded with instant tangible benefits as well as long-term, total-relationship value. The strategic alliance between CitibankCitibank and Emirates airlinesEmirates airlines also ensures that our mutual customers are always enjoying the best-in-market travel rewards."
The Emirates-CitibankCitibank Co-branded Ultimate Credit and Debit (Visa) Cards reward customers with Skywards Miles every time customers spend on the Card. Customers can earn bonus Skywards Miles (up to 2) in addition to the Skywards Miles earned on every one US Dollar spent on the Ultimate card. Miles can be exchanged for free flights, flight upgrades, other travel privileges or inspirational shopping at the Emirates High Street.
On average, a typical Emirates-CitibankCitibank Credit Cardholder earns enough miles on the card every year in exchange for a free flight according to CitibankCitibank statistics, while customers find using the Emirates-CitibankCitibank card 400% more useful as compared to an average card in the market according to Visa International statistics.
"This is the first time that there is a 100, 000 Skywards mile offer on banking products", said William Keliehor, Credit Cards Division Head for MEA and Pakistan. "The true power of the Gold Debit and Ultimate Credit Co-branded cards rewards the entire customer relationship for everyday spending on the cards."
Citi has been in the Middle East for nearly 50 years and currently offers consumer-banking services in the UAE, Bahrain and Egypt. In the UAE alone, CitibankCitibank, the consumer banking arm of Citi, has had a presence for the past 44 years and is expanding its major operations within the country. The bank is currently a major player in the UAE's credit card market and a leading provider of banking, Wealth Management and Consumer credit services.
About Citigold Privileges
Citigold privileges include:
Worldwide recognition of priority status through "Citigold Global Access" and "Citigold Home Connect"
Personalized service from dedicated and certified Relationship Manager
Preferential relationship pricing Preferential pricing on various products and services Complimentary CitibankCitibank Gold Credit Card Complimentary CitibankCitibank Gold ATM/Debit Card
High daily cash withdrawal limit of up to AED 20,000 with your CitibankCitibank Gold ATM/Debit Card
Airport and Golden Class Service at the Abu Dhabi International Airport Monthly consolidated bank statements to track customers finances
Global research to stay abreast with the financial markets
About Citi Cards
Citi Cards is part of Citi, the leading global financial services company, and the world's largest credit card issuer with more than 170 million cards in issue in 50 countries worldwide. Citi is a global leader in partnership credit cards, with leading airlines, retail, telecoms, oil and gas companies as key partners around the world.
The Emirates-CitibankCitibank Ultimate Credit Card offers the following benefits:
50% more Skywards Miles with up to 1.5 Skywards Miles on every US Dollar spent on the card and up to 3 Skywards Miles with the Miles Accelerator Program
Access to more than 500 airport VIP lounges across the world with free membership to Priority Pass. This includes 2 free lounge visits/ year.
Free Stay at Marriott Hotel Across Middle East and Africa
Virtually unlimited privileges through International Concierge Service
Great benefits at over world's leading hotels, retail shops, car rentals, restaurants, tourist attractions, spas, golf courses and more with Citibank World Privileges in more than 30 countries worldwide
Unmatched local offers for fine dining and entertainment
And much more
About Citi
Citi, the leading global financial services company, has some 200 million customer accounts and does business in more than 100 countries, providing consumers, corporations, governments and institutions with a broad range of financial products and services, including consumer banking and credit, corporate and investment banking, securities brokerage, and wealth management. Citi's major brand names include CitibankCitibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com
About Skywards
Now celebrating seven successful years, the Skywards frequent flyer programme of Emirates is widely known as best-in-class for its dedication in delivering benefits to its members which go far beyond just the travel experience.
More than 3 million frequent travellers across the globe have joined Skywards since its launch in 2000. The two key drivers of the programme are commitment to innovation and superior customer service.
Members earn Skywards Miles on every flight with Emirates Airlines and its partner airlines. They can also earn Miles when staying at Skywards' partner hotels, and using the services of other partners for car hire, and leisure activities and when using co-branded credit cards in association with banks.
Rewards for a passenger's loyalty and business include free flights and upgrades to hundreds of destinations, plus free leisure activities and quality goods.
About the CitibankCitibank and Skywards Alliance:
Skywards and CitibankCitibank, a member of Citigroup, had launched the Emirates-CitibankCitibank Credit Card in 2000, giving members the opportunity to earn one Skywards Mile for every US dollar spent using the card. Recently, the two institutions renewed the Emirates-CitibankCitibank co-brand Card agreement for a period of five more years, a move that validates the long-term mutual value generated by the two companies' association.
For more information ,please contact:
Aisha Ali
Media Relations
Citi
Tel: ++971 4 604 4250 M: (+97150)
Email: aisha.mohammad.ali@citi.com
Website: visit: www.emirates.com
Sarah Shaughnessy
Emirates Corporate Communications
Tel: (+9714) 7083975
Email: sarah.shaughnessy@emirates.com
© Press Release 2008
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