QIB-Qatar Airways VISA Signature credit card raises bar on premium services

Source: QIB.

Qatar Islamic Bank (QIB) has launched a Premium QIB-Qatar Airways VISA Signature credit card that enhances the QIB and Qatar Airways range of co-branded cards with a new range of benefits.

Designed with premium customers in mind, the QIB-Qatar Airways Signature credit card offers global concierge services, global airport lounge access, discounts and offers on luxury hotels, and full multi-trip travel insurance.

The VISA Signature co-branded card will enable customers to earn one Qmile for every QR6 spent on purchases made at a point of sale by either the customer or their supplementary card member. These Qmiles can be then used for redemptions including complimentary flights, upgrades and excess baggage on Qatar Airways’ flights, together with purchases made at Qatar Duty Free located at Hamad International Airport in Doha or the Oryx Galleria boutique in Doha, Qatar. Qmiles can also be redeemed for complimentary flights with oneworld airline partners.

The card will also provide multilingual concierge services with a 24-hour personal assistant who can arrange dinner reservations, chauffeur and taxi services, tickets, gifts or anything required in order to enhance the travel experience. The ‘LoungeKey’ Service, on both primary and supplementary cards, offers unlimited complimentary access to over 500 airport lounges worldwide.

All card holders will enjoy discounts on hotel rates, car rentals, exclusive restaurants, jewellery stores, theme parks, educational centres, holiday packages and a wide range of leading outlets around the world, including with the over 900 hotels listed in the Visa Luxury Hotel Collection.

The QIB-Qatar Airways Visa Signature Credit Card also enjoys automatic purchase protection covering all purchases made with the card. The protection includes loss, theft or damage of purchased items. Card holders will enjoy multi-trip travel insurance for themselves and their families, covering personal accidents, medical and travel inconvenience benefits. The card also comes with peace of mind on purchased items by almost doubling the manufacturer’s or retailer’s warranty on all items bought using the VISA Signature card. In addition, customers can withdraw cash of up to 100% of their credit limit as well as having the benefit of higher transaction limits.

As with all of QIB's credit and debit cards, online security is a major concern of the Bank. To counteract the risk of fraud, QIB has, over the past year, introduced a number of measures such as the use of one time passwords (OTP) that are valid for only one log-in or transaction; a move away from using the magnetic strip on the reverse side of the cards, in favour of chip-based processing; and the use of '3D Secure Technology', which has a password-protected authentication system designed to confirm the identity of the cardholder when a Visa Card is used online.

D. Anand, General Manager of the Personal Banking Group, pointed out that the launch of the VISA Signature Card specifically targets premium frequent travellers who can enjoy all travel benefits the Card has to offer, and will get to be part of Qatar Airways Loyalty Programme – Privilege Club. 

“We have witnessed that our customers’ spending habits require different payment solutions and this shari’ah compliant credit card offers a range of special privileges together with modern day convenience. Aimed at our affluent customers, we are proud to introduce the Visa Signature Co-branded credit card category, providing our clients with unique products and services, aiming as always to surpass their expectations,” he said.

“Further, the introduction of a new tier of QIB–Qatar Airways co-branded cards is a great testament to our successful partnership with one of the world’s five-star airlines.”`

KFH Bahrain launches shari'ah compliant Visa Signature card

Source: KFH Bahrain website.

Kuwait Finance House - Bahrain has launched Visa Signature, a shari’ah-compliant credit card which was conceptualised after research to identify the financial needs and lifestyles of KFH-Bahrain clients. The launch of the Visa Signature card is part of the bank’s strategy of offering personalised customer services and financial tools, and charges no interest.

Khalid Rafea, Executive Manager and Head of Banking Group at KFH-Bahrain said, “The launch of the Visa Signature Islamic credit card is another step in providing our clients with the best financial solutions that reward their lifestyles. Holders of this card will gain attractive benefits such as free global airport lounge access to over 500 lounges, on-demand signature concierge service to meet their personal needs, access to Visa’s luxury hotels collection, personal accident travel insurance, extended warranty and purchase protection.”

Majeed Hujair, Visa Country Manager for Bahrain and Oman, said: “KFH-Bahrain is one of the fastest growing Islamic banks in the region, and we are pleased to partner with them to add one of our most popular products to their portfolio in Bahrain. At Visa, we are invested in offering the best range of exclusive privileges and value-added benefits to cardholders through our partner network. The KFH-Bahrain Visa Signature card provides a suite of fascinating add-ons that cardholders can enjoy, together with the peace of mind and convenience of transacting with Visa.”