Navneet Kampani, Consumer Banking Head Citibank Bahrain, who announced the launch of the new PremierMiles Visa Credit Card, said that challenging conditions have always been part of businesses in each territory but Citibank would continue to see Bahrain as an important market.
“We will not only continue to retain the market segments but will enhance the business portfolio through innovation, partnership and customer centric approach,” Kampani, said.
“Previously, travelers were limited to choosing their credit card on the basis of one frequent flyer program. With Citi PremierMiles, customers will have total freedom to redeem their Citi Miles to an airline, destination of their choice from as many as four frequent flyer programs to start with,” Kampani, added, who was also joined by Marketing Director and Head of Cards Business Sonic Kapoor and Nader Moosa Abdulla, Vice President, Loans Business Manager and National Sales Head.
Citibank unveiled the new PremierMiles Visa Credit Card, the first card of its kind in Bahrain to offer flexibility to directly redeem Citi Miles against a host of airlines including Bahrain Air, Gulf Air, Qatar Airways and Kingfisher Airlines. The card is packed with travel rewards, unlimited airport lounge access and many other exclusive privileges.
Launched in association with Visa, one of the world’s leading payment solution providers, Citibank PremierMiles Credit Card revolutionizes travel rewards redemption on credit card spend with its best offer on miles, widest choice of frequent flyer programs and no expiry on Citi Miles.
“Citibank PremierMiles Credit Card is designed to give customers the best value on their everyday purchases, ensuring that frequent travelers will enjoy the benefits of air miles by providing greater choice and flexibility”, Mazin Manna, CEO of Citi Bahrain, said.
“This card will complement our suite of travel related products and services which are specifically designed to provide unforgettable travel experience for our clients”, he said.
PremierMiles cardholders are offered one of the best miles earn rate in the market with 2.65 Citi Miles for every BD1 spent using the card for local purchases. Overseas, cardholders will earn 3.97 Cit Miles for every BD1 charged to their card. Furthermore, Citi PremierMiles provides a 1:1 conversion of Citi Miles with an array of participating partners to allow cardholders choice to combine and leverage their existing Frequent Flyer Miles with the respective airline with no black-out period conditions. This includes premium brands such as Gulf Air, Bahrain Air, Qatar Airways, and Kingfisher Airlines.
Other features include: exclusive hotel privileges with Fairmont, up to 15% off on Gulf Air tickets, 10% discount on tickets for both adults and children to Lost Paradise of Dilmun Waterpark, complimentary airport pick with Dadabhai Travel, Citibank privileges and much more.
“The new Citibank PremierMiles Visa Credit Card is a great example of a product designed to meet the specific needs of its users. Such an extensive range of redeemable rewards will undoubtedly prove popular among frequent travelers, helping us to further drive credit card usage in Bahrain,” Kamran Siddiqi, General Manager for Visa in the MENA region, said.
“And it does not stop there. Cardholders can also enjoy the benefits of Visa’s global payment network when they redeem their rewards on a trip to their chosen destination. Widely accepted in more than 200 countries and territories across the globe, cardholders can travel safe in the knowledge that they can use their Citibank PremierMiles Visa Credit Card easily and securely wherever they are in the world”, he added.
An added value for cardholders is that Citi Miles never expires. Card members can accumulate and retain their Citi Miles on their credit card till they wish to convert their Citi Miles into air miles on a particular frequent flyer program and redeem for free flights or upgrades.