Dubai: Etisalat and Commercial Bank of Dubai today announced their partnership to launch a co-branded CBD-Etisalat credit card. The new card will be available in two variants - Visa Platinum and Visa Signature - and will be UAE’s pre-eminent ‘Lifestyle’ credit card offering cardholders the fastest way to earn points on Etisalat’s award-winning Smiles platform. These points can then be redeemed seamlessly via the Smiles mobile app for discounts, deals and experiences across categories such as shopping, entertainment, travel, dining, wellness and bill payments at over 300+ partners.
Etisalat also announced that for the first time ever, the Smiles platform will now be available for everyone in the UAE with any mobile number. In addition to earning up to 10 Smiles points per AED1 on their card spends, customers will also get complimentary lounge access at over 900 airports globally, free valet parking, cinema discounts, insurance benefits, 0% balance transfers and easy payment plans on their purchases.
Khaled El Khouly, Chief Consumer Officer of Etisalat, said: “We are pleased to collaborate with Commercial Bank of Dubai (CBD) to launch this dynamic co-branded credit card, which comes fully loaded with a host of features, deals and lifestyle benefits in addition to earning Smiles on their credit card spends. At Etisalat, we always strive to offer the best value to our customers by forging the right partnerships to provide innovative services. We look forward to a long and fruitful partnership with CBD to continue providing the best-in-class telco and financial benefits from both companies’ products.”
Speaking on the occasion Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, said: “Our partnership with Etisalat is a major step forward for us in creating a strong new-to-bank customer proposition in the market. We welcome the opportunity to leverage the Smiles platform and offer our co-branded card holders a suite of benefits that are relevant, contemporary and provide substantial value.
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Press release issued by Corporate Communication Department – Etisalat
For further media information:
Nancy Sudheer,
Corporate Communications – Etisalat
Email: nsudheer@etisalat.ae
About Etisalat
Etisalat Group is one of the world’s leading telecom groups in emerging markets. Etisalat’s current market cap is AED 148 billion ($40.3billion). With consolidated net revenues at AED 52.4 billion and consolidated net profit of 8.6 billion for 2018. Its high credit ratings reflect the company’s strong balance sheet and proven long-term performance.
Headquartered in Abu Dhabi, Etisalat was established over four decades ago in the UAE as the country’s first telecommunications service provider. An international blue-chip organisation, Etisalat Group provides innovative solutions and services to 143 million subscribers in 15 countries across the Middle East, Asia and Africa.
About Commercial Bank of Dubai
Commercial Bank of Dubai was established in 1969 and is registered as a Public Shareholding Company (PSC). The Bank is listed on the Dubai Financial Market and is fully owned by UAE Nationals, including 20% by the Investment Corporation of Dubai (ICD). Over the years, Commercial Bank of Dubai has built itself into a progressive and modern Banking institution, endowed with a strong financial structure and strong management, as well as a loyal and ever increasing customer and correspondent base. Today CBD is one of the leading banks in the United Arab Emirates and offers its customers a full range of retail and commercial banking products and services.
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