KHCB launches ‘Cashback’ offer on purchases for credit card holders

By Saipriya Iyer

Khaleeji Commercial Bank, a leading Islamic banking company in the Kingdom of Bahrain, has recently announced the launch of a ‘Cashback’ campaign for its credit card holders. Under this new plan, the clients will gain a 1% cashback on their total value of purchases at the month’s end. This is one of the innovative offers launched by the bank to deliver leading & rewarding banking experiences to its valued clients.

For the record, KHCB delivers a wide range of banking and investment services & products to financial institutions, corporate entities, and high-net-worth individuals. These services include project financing facilities, structured investment products, wealth management, and commercial & corporate banking.

Ebrahim Khalil Al Awadhi, Delivery Channels & Cards Department Head at Khaleeji Commercial Bank, has stated on this occasion that the bank is excited to launch the exclusive offer and serve its credit card holders. The move is a part of its solid commitment to cater to the valued clients who opted for its credit cards.

Mr. Al Awadhi added that the announcement is expected to help meet the bank’s endeavors to encourage its card users to extensively rely on electronic solutions & cashless transactions. Additionally, the move is in line with the directives of the CBB (Central Bank of Bahrain) as well as precautionary measures to curb the spread of the COVID-19 disease.

He further stated that the new ‘Cashback’ offer is one of the valuable privileges granted to the credit card holders of KHCB. These privileges include benefiting from the exclusive discounts at several commercial & service outlets, as well as offers from Gulf Air such as free Airmiles and access to the VIP Lounges at the international airports. These privileges are in addition to other benefits offered by the bank, including competitive service fees, high-security features, and free travel insurance, which are accepted across the globe and are compliant with Shari'a Principles.

Source credit:

https://www.marketscreener.com/KHALEEJI-COMMERCIAL-BANK-20705050/news/Khaleeji-Commercial-Bank-BSC-KHCB-Launches-Cashback-on-purchases-for-its-Credit-Card-Holders-31128084/

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Saipriya Iyer

Saipriya Iyer currently works as a content developer for AlgosOnline. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her belt, she has dabbled with website content writing, content auditi...

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