Mashreq, a UAE-based bank, and Air Arabia, an airline carrier in the Middle East and North Africa, have teamed up to launch Air Arabia Mashreq Credit Card. Mashreq aims to provide its credit card holders with a combination of premium banking services and Air Arabia’s travel services.
The new classic and platinum co-branded awards free flights on Air Arabia for every AED25,000 spent, providing with value in terms of conversion of spend to free tickets. Additionally, Air Arabia Mashreq cardholders have the option to pay full/part payment of tickets with their ‘Air Arabia Dirhams’ and can check the status of the points gained by logging into their account on Air Arabia’s online portal
The bank said that customers holding the Air Arabia Mashreq credit card can earn up to 2% of the value of the amount spent back as Air Arabia Dirhams. These can be used by customers to book flights to any of Air Arabia’s 47 destinations around the world. Additionally, customers will receive a host of travel benefits, including complimentary priority pass for platinum cardholders, (six times a year) access to exclusive lounges in over 600 airports around the globe, complimentary beverages in flight, as well as discounts reaching up to 10% on Air Arabia Holidays, meet and assist services, and duty-free shopping, among others.
Adel Ali, CEO of Air Arabia, said: “Today more than ever, customers everywhere are seeking opportunities to benefit from new travel rewards programmes. In that regard, we are very pleased to partner with Mashreq on the launch of this pioneering initiative.”
Douglas Beckett, head of retail banking at Mashreq, said: “At Mashreq we offer a broad range of credit card propositions aimed towards different lifestyles and preferences. We understand that many UAE customers spend a substantial amount on travel and hence require a credit card product that specifically meets that requirement. We are tremendously excited to launch this loyalty card to over millions of Air Arabia customers.
“Joining forces with Air Arabia, the region’s largest low-cost carrier, is a great way to reward our mutual customers on their spend and reinforces our reputation as a bank that offers the most in terms of innovation and convenience.”
