Tuesday, 02 January 2024 12:17 GMT

QIB And Visa Launch 'Summer Spend' Drive, Offering 100Mn Loyalty Points


(MENAFN- Gulf Times) Qatar Islamic Bank (QIB), in collaboration with Visa, has launched an offer for its existing and new Visa debit and credit cardholders.

Running until October 14, the campaign rewards a total of 370 customers over a period of three months with 100mn loyalty points prize pool.

QIB is rewarding international spends this summer, giving a chance to 70 winners to walk away with 1mn loyalty points each, in addition to a total of 300 monthly winners with 100,000 loyalty points each.

The loyalty points will be offered as Absher, Avios, Marriott Bonvoy or Meera Rewards based on the QIB card used to enter the draw.

“At QIB, we believe that every payment should offer our customers more – more value, more convenience, and more possibilities, said QIB general manager (Personal Banking Group) D Anand.“The 'Summer Spend' campaign is part of our long-term vision to transform everyday banking into meaningful experiences.”

“Together with Visa, we are enabling our customers to turn their international spending into real rewards, wherever their journeys take them,” he said.

Cardholders will automatically qualify for the monthly draw when spending a total of QR1,000 per month on international transactions.

Every additional QR1,000 spent within the same month increases their chances to win 100,000 loyalty points.

Cardholders who spend a total of QR15,000 internationally during the campaign period will have a chance to win 1mn loyalty points.

Every additional QR15,000 spent during the campaign period will increase their chance to win the grand prize.

“We are thrilled to partner with QIB on this exclusive campaign,” said said Shashank Singh, Visa's vice-president and general manager for Qatar and Kuwait.“It reflects our shared vision of delivering rewarding experiences and supporting cardholders during their travels with secure and seamless payment options.”

“And thanks to Visa's acceptance at more than 150mn merchant locations worldwide, QIB's customers can also enjoy the confidence and convenience of using their Visa cards wherever their travels take them,” he said.

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