Kuwait’s NBK extends its partnership agreement with Visa

By Shilpa Annie Joseph, Desk Reporter
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NBK Visa Partnership
Officials from NBK and Visa

National Bank of Kuwait (NBK) has extended its strategic partnership agreement with global digital payments leader, Visa for additional 7 years in order to enhance its ability to meet customers’ needs.

This comes as part of the bank’s endeavors to tie up with leading institutions across all sectors, which further enhances its capability to match up to the customers’ needs and expectations.

On this occasion, NBK announced that NBK KWT Visa Infinite Credit Cardholders can get 10 percent additional NBK KWT Points when using the card during FIFA World Cup Qatar 2022.

In the context of NBK’s partnership with Visa, the bank launched NBK KWT Visa Infinite Credit Card at the beginning of the year, with an exceptional package of rewards tailored to customers’ various needs and lifestyles.

The uniquely designed card, for the first time in Kuwait, can be activated through NBK Mobile Banking App, simply by tapping the card on the smartphone. It also gives customers the flexibility to choose the way they want to earn points based on their lifestyle, either the “Spends Tier” or “Merchant Category” option.

Dr. Saeeda Jaffar
Dr. Saeeda Jaffar
Group Country Manager – GCC
Visa

“We are delighted to renew our long-standing partnership with the National Bank of Kuwait. Over the years, we have closely worked together to develop several exclusive, tailored, and rewarding digital payment solutions that deliver seamless, and secure experiences to cardholders on their daily, retail, leisure and travel spends. As we renew our partnership for another seven-year term, we remain committed to growing digital commerce, bringing more innovative products to Kuwait, and delivering customer-centric solutions to benefit consumers and businesses in the country.”

Commenting on this, Mr. Salah Y. Al-Fulaij, Chief Executive Officer of NBK – Kuwait said that, “We are pleased to extend our partnership agreement with Visa, with whom we have a long-standing strategic relationship.”

“Over long years of cooperation, our partnership with Visa yielded a variety of impeccable banking products and campaigns that helped meet the needs of our customers from all segments, and saw remarkable interest from customers who relied on them in their daily life. Thanks to the rewards they offer, in addition to the related campaigns jointly launched with Visa, NBK Visa Credit Cards have become a key part of our endeavors to offer our customers an integrated and inclusive banking experience,” Mr. Al-Fulaij added.

Related: Qatar’s QNB unveils Visa Virtual Prepaid Card for FIFA World Cup


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