MUSCAT -- Bank Nizwa, Oman's leading Islamic bank is celebrating the success of its special 1 per cent Cash Back offer on debit card which kicked off on May 1 and will last till June 9. Mastercard Debit Card users can now enjoy the offer which gives them attractive 1 per cent cash back on their debit card purchases as a reward. It is the banks way of saying thank you to its customers for their loyalty and enables them to save 1 per cent on their everyday purchases which is deposited back to their accounts automatically. The offer has seen a huge uptake by Bank Nizwa customers since its inception. Traditionally, such offers are available on credit cards but Bank Nizwa is the first bank to ever adapt such a bonus for the debit card market.
The offer is available to all new and existing MasterCard debit card holders and ensures that customers save every time they spend. Whenever they conduct a transaction at a Point of Sale (POS) terminal locally or internationally an amount equivalent to the cash back earned will be automatically credited to their Bank Nizwa account.
Speaking about the offer Bank Nizwa CEO, Dr Jamil El Jaroudi said, 'There is nothing better than catching the excitement that is buzzing around our branches at the moment as more and more customers embrace our special 1 per cent cash back offer on Mastercard Debit Cards. As the first bank to offer such an incentive on a debit card we are proving again our commitment to Sharia compliant banking and it is this which sets us apart and makes us better.'
Any customer wishing to open a Bank Nizwa account will be offered a Bank Nizwa MasterCard debit card on the spot without any need for credit approval. Customers can then start enjoying the cash back bonus immediately on their transactions. The suite of MasterCard debit cards offered by Bank Nizwa is exceptionally user friendly and provides customers with a wide range of lifestyle benefits.
© Oman Daily Observer 2014
