OMAN ARAB BANK INTRODUCES ONLINE REWARDS

MUSCAT: Oman Arab Bank has launched a new online loyalty programme for its credit card customers in partnership with Arab Financial Services Company, a leading payments solution provider in the region.

The programme called OAB Rewards, entitles OAB credit card holders who are subscribed to earn points as they spend on the credit cards which can later be redeemed from a wide range of options, through an online portal. It is on offer to all OAB credit card holders.

The specially dedicated OAB Rewards portal www.oabrewards.com serves as an online travel reservations engine. Customers can select and book directly with over 900 airlines, 200,000 hotels and car rentals in over 150 countries across the globe by redeeming their points. Retail shopping is also part of OAB Rewards, with the option to shop online. With digital commerce on the rise in Oman and the region, this programme aims to appeal to those who see value and convenience in e-commerce. The programme also offers a unique advantage for cash-back to the card account.

On the occasion of the launch, Fahd Amjad, GM retail banking said, “We are pleased to strengthen our credit card offering with the introduction of an online rewards programme for our customers. What better occasion than Oman’s 45th National Day to announce the rewards programme to our customers, and join the celebration.

“We value our customers’ loyalty and this is our way of saying thank you for being part of the OAB family. We will continue to innovate and are confident that our customers will find value in OAB Rewards.”

B Chandrasekhar, CEO of AFS said, “Our vision is to enable our client banks to stay at the forefront of technology and customer experience. We are delighted to partner with OAB to offer the best customer reward programme to its cardholders. Our reward programme enhances customer experience and will enable OAB to acquire and retain its cardholders. The reward programme integrates many options within the choices of travel, shopping and cashback, allowing the banks to attract and retain customers.”

Oman Arab Bank credit cards provide an array of benefits to customers including interest free payment period, flexible monthly minimum payment option, free travel insurance and purchase protection, zero lost card liability and online shopping security via verified by visa and more. The card is also equipped with an advanced chip feature to protect card member’s confidential information. While travelling, OAB credit card holders can enjoy a relaxing lounge experience at over 500 international airports including Muscat and Salalah.

Additionally cardholders enjoy exclusive ‘buy one get one free’ and hotel stay offers locally and in the UAE. Customers can choose from a wide variety of card categories including Visa Infinite, Platinum, and Gold, Internet shopping and Classic credit cards.