Commercial Bank International and MasterCard launch the Fee Free MasterCard Titanium Credit Card in the UAE
Wednesday, January 22, 2014
Commercial Bank International (CBI) and MasterCard today announced their collaboration for the launch of the new Fee Free MasterCard Titanium Credit Card.
Kris Babicci CEO, CBI
Eyad Al Kourdi, UAE County Manager, MasterCard
The CBI Fee Free MasterCard Titanium credit card has been designed for customers looking for a simple straightforward credit card which provides great value for money with no annual fees. The card offers a competitive interest rate of 2.5% per month and comes with EMV Chip & PIN protection to ensure customer payment security.
With the newly introduced MasterCard Titanium Credit Card, cardholders will enjoy complimentary access to lounges across major airports in the region, including UAE (Dubai), Jordan, Egypt, KSA and Kuwait. Furthermore cardholders will also have access to a suite of money saving benefits and exclusive offers on dining, entertainment, sports and travel through the “Priceless Arabia” platform, MasterCard’s exclusive cardholder recognition program.
Kris Babicci, Chief Executive Officer at CBI said “We’re excited to have launched our next new product with MasterCard, which comes on the back of our recent launch of EMV Chip & PIN MasterCard Debit and Credit Cards. We are sure that our customers will find value in this new product, especially those who are looking for a simple straightforward credit solution without having to pay an annual fee. Our partnership with MasterCard continues to grow and this product is the next step on the journey we have been taking together to provide greater value to CBI customers.”
Eyad Al-Kourdi, UAE Country Manager at MasterCard added “The launch of the CBI MasterCard Titanium Credit Card is yet another example of our commitment to develop innovative, rewarding and convenient payment solutions through our collaboration with financial institutions. Aside from not having an annual fee, this new product is an effective payment tool that will allow customers to reap a host of additional benefits and privileges throughout the region.