Abu Dhabi Islamic Bank (ADIB) and Etihad Airways have launched a range of co-branded debit card and covered cards, a Sharia-compliant alternative to credit cards, boosting the benefits available to ADIB customers and members of Etihad Airways' loyalty program, Etihad Guest.
Under the partnership, Etihad Guest cardholders will receive up to 50,000 Etihad Guest Miles upon signing up for one of the new cards - available in Classic, Gold and Platinum versions - and earn additional miles while using the card for any purchases.
ADIB-Etihad Guest cardholders will also be able to enjoy a number of unique privileges including airport valet parking; a dedicated ADIB travel desk service; upgrades to higher membership status within the Etihad Guest loyalty program; and options to earn free companion tickets.
For the first time in the region, the co-branded debit card product range will include a VISA Infinite card exclusively available to high net-worth customers of ADIB.
James Hogan, Chief Executive Officer of Etihad Airways, said: "We are delighted to partner with ADIB, a leading bank in the region, and an organisation that shares Etihad's commitment to providing the very best of customer care."
Tirad Mahmoud, Chief Executive Officer of ADIB, said: "We are proud to partner with Etihad Airways. The coming together of our strong and respected brands creates a unique platform for building an exceptional value proposition that appeals to a wide cross-section of customers. Our customers can look forward to a very attractive offering that will integrate their banking, shopping and travel into a more rewarding experience."
Cardholders will benefit from the existing features of ADIB covered and debit cards which include high spending limits, free SMS transaction alert service and a 55-day grace period on repayments. Monthly card repayments by non-account holders can be made conveniently via the ADIB network of 60 branches as well as through Al-Ansari exchange offices throughout the UAE.
-Ends-
About ADIB:
Abu Dhabi Islamic Bank (ADIB) was established on 20th May 1997 as a Public Joint Stock Company following the Emiri Decree No. 9 of 1997. The Bank commenced commercial operations on 11th November 1998, and was formally inaugurated by His Highness Sheikh Abdullah Bin Zayed Al Nahyan, on 18th April 1999. ADIB's vision is to be a top-tier, global Islamic financial services group and its mission is to provide Islamic financial solutions to the global community.
The Bank carries out all contracts, operations and transactions in accordance with Islamic Shari'a principles.
ADIB's core values, reflected in all its activities are: Simple and Sensible; Transparent; Mutual Benefit; Hospitality and Tolerance; and Shari'a inspired. It brings to its customers banking as it should be. www.adib.ae
About Etihad Guest
The award-winning loyalty programme, Etihad Guest, was launched in August 2006 and has quickly established itself as one of airline industry's fastest-growing and most innovative loyalty programmes. Etihad Guest now boasts more than 850,000 members.
The programme offers members the opportunity to accumulate Etihad Guest Miles which can be redeemed against a wide selection of up to 1,800 flight and non-flight rewards from more than 200 partners, ranging from hotel accommodation and car rental to retail discounts and exciting products on Etihad Guest's online Reward Shop.
Etihad Guest was voted 'Best Programme', 'Best Website', 'Best Member Communications', 'Best Bonus Promotion' and 'Best Award Redemption' at the 2008 global 'Freddie' awards.
For further media information, please contact:
Taryam Hasan Qayed Al-Subaihi
Corporate Communications Advisor
Corporate Affairs
Etihad Airways
Tel: +971 2 5111057
Mob: +971 50 4467320
Grace Ghunaim
VP - Head of Corporate Communications
Corporate Communications Department
Abu Dhabi Islamic Bank
Tel: +971 2 6100860
Mob: +971 50 6164191
Mohammad Al-Qassem
Associate Account Manager
Weber Shandwick - MENA
Tel: +971 4 3210077 Ext. 1254
Mob: +971 50 2889601
Email: mohammad.alqassem@ws-mena.com
© Press Release 2010
