Emirates NBD credit card offers ‘highest cashback’ in KSA

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Time: 08 January, 2020

From left, Arjun Kannan, director of business development, Visa KSA; Muhammad Saqib Hussain, head of retail banking, Emirates NBD KSA; Marcello Baricordi, GM for MENA at Visa; Naser Yousef Al-Marzooqi, CEO of Emirates NBD KSA; Ali Bailoun, GM, Visa Saudi Arabia; and Naveed Ilyas, head of cards at Emirates NBD KSA.

Emirates NBD KSA has announced the launch of the Mazeed Cashback Credit Card, offering the “highest cashback” value across various spend categories.

Created in collaboration with global payments technology company Visa, Mazeed cardholders will enjoy up to 10 percent cashback on domestic and international spends across five categories: Travel, dining-in (including food delivery), groceries, education, and medical and pharmaceutical.

Naser Yousef Al-Marzouqi, CEO of Emirates NBD KSA, said: “Emirates NBD has established a solid presence in the Kingdom and remains deeply committed to supporting continued economic progress in the Kingdom as set out by the esteemed leadership’s Vision 2030. As part of our strategy to enhance our offering and proposition to Saudi customers, we are delighted to introduce the Mazeed Cashback Credit Card, which sets new standards with unmatched value offering in a highly competitive market. It combines the most important lifestyle categories of dining, air travel and luxury hotel accommodation along with essential household categories including school, college and university fees, groceries and medical bills. We are confident that the card will be well received in the Kingdom as we continue to enhance our proposition and expand our presence to serve and support the economic ambitions of Saudi individuals and businesses.”

Ali Bailoun, general manager for Saudi Arabia, Visa, said: “Visa is delighted to partner with Emirates NBD to launch its new credit card, Mazeed. As a leading global technology payments company, we work closely with our bank partners to deliver unique, secure and seamless payment experiences ideally suited to their customers’ evolving lifestyle needs and preferences. In doing so, Visa continues to play an integral role in digitizing the Kingdom’s payments sector in line with Vision 2030.”

Card members will also enjoy complimentary access to selected airport lounges across the world with their Emirates NBD Mazeed Cashback Credit Card. In addition, cardholders traveling to the UAE for business or leisure will enjoy additional privileges and benefits at popular UAE restaurants, family entertainment destinations, health clubs and spas, with automatic enrollment to Emirates NBD’s award-winning loyalty programs: Bon Appetit, GoodTimes, and LiveWell.

This article was first published in Arab News

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