22 June 2008
Dubai - In a move designed to address the growing demand for travel in the UAE market, Citibank today unveiled CITI TRAVEL PASS, a power-packed Visa credit card that offers cardholders more value for money on their home and holiday travel plans.

The CITI TRAVEL PASS Card cardholders can earn points on Card spend and redeem them for free tickets at on an array of airlines operating in the UAE with no black out period conditions. What's more, cardholders can top up their CITI TRAVEL PASS Points with Cash and fly for less.

 For example, a flight to Beirut requires 19,000 points on CITI TRAVEL PASS versus 25,000 or more during peak periods, on other Miles programs. This means that the cardholder can fly anytime for less to destinations such as India, Pakistan, Beirut, Egypt, etc.

Furthermore, CITI TRAVEL PASS cardholders are entitled to 2 free return flight vouchers to exotic locations in India, Thailand, South Africa, Egypt, Lebanon and more... The cardholder needs to spend as little as AED 2000 to qualify for the first free flight voucher, and AED 30,000 within the first twelve months of membership to qualify for the second voucher.

Other unique travel benefits offered on the card Include exclusive ticket discounts of up to 15% on select airlines, and exceptional rates on resorts, hotels, holiday packages and cruises through complementary membership with "Our Vacation Club", offering a bonus credit of US$ 100 to be redeemed on the first holiday purchase.    

"With a 20% per annum growth and market spend crossing USD 7 billion by end of 2007, the UAE travel market is ranked among the most dynamic frequent flyer markets around the globe," said Dean Proctor, Citibank's Cards Business Head in the UAE. "This certainly calls for a solid card proposition, such as CITI TRAVEL PASS, to address the growing travel needs of UAE residents, especially with the increased choice of airlines operating in the country.

"Through CITI TRAVEL PASS, We are leveraging our partnerships with travel service providers so cardholders can collect great value on daily transactions while earning them several round trip flights back home or to other destinations at least twice a year."

Cardholders can also top up their points with cash and fly for less with their immediate family members. They can also earn 10,000 bonus CITI TRAVEL PASS points overnight by successfully referring only three friends or family members.

Sanjoy Sen, Consumer Business for Citibank in UAE, added: "The strong features of CITI TRAVEL PASS directly address the needs of customers with a desire for more flexibility when it comes to travel plans.  Cardholders now have the choice of many airlines to book their flights using their earned points, with no blackout periods. These and other salient features of the card render it truly the market's one-stop travel card."

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.

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, Citibank, the consumer banking arm of Citigroup, has had a presence for the past 42 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.

(For information on how to apply for CITI TRAVEL PASS Card, kindly call 04-311-4000, or send an SMS to 2484 'CARD', or visit www.citibank.ae)

 - Ends -

More Benefits of CITI TRAVEL PASS: 
·          5 Free Supplementary Cards
·          Free E-Card
·          101 Dining Offers which can be viewed at www.citibank.ae
·          Super Savers on a range of products and services
·          Utility Bill Payment
·          Travel Insurance of up to US $150,000
·          Easy Installment Plan
·          Loan on Phone
·          Cash Advance
·          Secure Wallet
·          Zero Liability on Lost Cards
·          Credit Shield Plus
·          Purchase Protection
·          Worldwide Acceptance
·          24-hour CitiPhone Banking Services
·          Citibank Online
·          Convenience of Payment
·          Fraud Early Warning Service
·          Free Citi Alerting Service


Furthermore, cardholders can explore the world with their complementary membership to Our Vacation Club®. With exceptional rates on resorts, hotels, and cruise and holiday packages around the world along with a price-match-guarantee, going on a holiday has never been easier. What's more, all Cardholders are awarded free credit of US$100 for their first vacation plan with Our Vacation Club®.

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 Citibank, CitiFinancial, Primerica, Citi Smith Barney and Banamex. Additional information may be found at www.citigroup.com or www.citi.com

For more information, please contact:
AISHA ALI
MEDIA RELATIONS
CITI                                                                                                  
Tel: ++971 4 604 4250                                                                              
Email: aisha.mohammad.ali@citi.com  

 

© Press Release 2008