Saudi British Bank has launched the SABB Visa Cashback Platinum Credit Card in Partnership with Visa. The card is offered to customers free for life and comes with a wide range of features and benefits, including offers and rewards, as well as cashback of up to 10% of the value of purchases automatically deposited into the customer's account each month.
The new Visa card offers unlimited cashback on foreign transactions at 2%, and local purchases at 1%, while cashback of up to 10% will be for other purchases in selected categories such as “Restaurants, supermarkets, and fuel” The card also allows free access to private airport lounges, online purchases, and travel insurance.
"The launch of this Visa Cashback credit card fits into our strategy of providing the best banking experience for our customers, given the increasing demand for rewarding credit cards, as a more effective payment method for customers, and their interest in reward programs, as cashback is now considered one of the most successful banking offers in the market as a convenient savings option." SABB's Chief Retail Banking and Wealth Management Officer, Bandar Al-Gheshayan, said.
Ali Bailoun, Visa’s Regional General Manager for KSA, Bahrain and Oman said: “We are delighted to partner with SABB to launch their new Visa Platinum cashback credit card, a unique proposition tailored for the evolving needs of the bank’s customers in Saudi Arabia. We look forward to supporting SABB to deliver more of the secure, seamless and rewarding payment experiences consumers in Saudi increasingly expect and extending the benefits of digital commerce to more businesses.”
SABB adopts an integrated digital experience for issuing credit cards, from the time customers submit their applications to the time they receive their cards. Cards can be easily applied for via SABBNET or the SABB mobile application, without the need to visit a branch, and can be easily integrated with electronic wallets such as Apple Pay and mada Pay.
About Saudi British Bank (SABB):
Saudi British Bank (SABB) is a licensed financial institution operating under supervision and control of the Saudi Central Bank. SABB was established in 1978G as a Saudi joint stock company. SABB is having a strategic partnership with the HSBC Group.
SABB offers integrated financial and banking services including personal banking, corporate banking, private banking as well as investment and treasury services. SABB paid-up capital is SAR 20.5 billion.