ila Bank, Bahrain’s leading digital mobile-only bank, announces the launch of higher rewards for ila Mastercard Credit Card holders this summer. 

 

As per the offer, ila credit card customers will receive up to 5% cashback on their international spends among other automated rewards until August 31.

 

Aligned with ila’s promise of ‘banking that reflects you,’ the offer enables customers to enjoy their global lifestyle experiences guilt-free, said the bank in a statement.

 

ila Bank said it continues to be at the forefront of digital banking innovation, co-creating with stakeholders to enhance customers’ lifestyle experiences. 

 

The 5% cashback offer follows ila’s recently announced partnership with Mastercard aimed at complementing the Bank’s innovative proposition with new products and loyalty offerings, providing added value on travel, dining, luxury shopping, among other lifestyle experiences.

 

Customers can avail up to 5% cashback on all credit card purchases executed through Point of Sale (POS) systems or online platforms in foreign currencies. 

 

Customers enrolled in the Airmiles or ila Tokens rewards programs will now earn 5 Airmiles and 5 ila Tokens, respectively, for every BD1 ($2.63) spent. Additionally, ila Gulf Air Credit Card holders will receive up to 5 Falcon Flyer miles for every BD1 spent in foreign currencies, it stated.

 

The offer excludes certain transactions such as education, fuel, and government services, it added.

 

On the summer offer, Abdulla Abuidrees, Head of Marketing & Acquisitions at ila Bank, said: "This tailored cashback offer affirms ila Bank’s commitment to providing enhanced value and flexibility to our customers. We are excited to offer our credit cardholders bonus rewards on their purchases this summer, empowering them to make the most out of their global travel and online spending."

 

"ila Mastercard Credit Cardholders have the freedom to choose their reward preference - be it cashback, ila tokens, or airline miles. Rewards will be credited automatically on a monthly basis, ensuring a seamless and effortless experience," he noted.

 

"We remain committed to bringing our customers rewarding banking experiences while supporting their financial wellbeing," he added.-TradeArabia News Service