Commercial Bank Dubai partners with Bloom Education to offer banking benefits to parents
30 September 2018, Dubai, UAE: Bloom Education, a specialist education division of Bloom Holding, has entered into a strategic partnership with Commercial Bank Dubai (CBD) to offer a suite of banking products and services to parents of their newly opened schools; Brighton College Dubai and Dwight School Dubai.
The CBD range of banking products and services will allow parents to enjoy significant savings on school fees when paid through CBD Credit Cards, invest in their children’s education through CBD Bonus Booster Deposits and create an insurance-linked savings plan using CBD EduCare, to secure their children’s education in the unfortunate event of death or disability. Also embedded into the partnership are other card-linked benefits, tailored for parents and families, which include loyalty points on all purchases, easy payment plans at 0% interest, dining and lifestyle experiences, discounts at cinemas and valet parking and complimentary access to airport lounges worldwide.
Dr. Bernd van Linder, Chief Executive Officer of CBD said, “We realize that for most parents, obtaining a good education for their kids and saving for their higher education is a top priority. As a bank, we constantly seek to support parents in this by providing them with a wide range of banking products and a variety of facilities that aim to ease the financial burden and help them achieve their financial goals.”
Henning Fries, CEO, Bloom education said; “We understand that investing in education is the number one priority for parents. Our partnership with Commercial Bank Dubai offers a variety of benefits which parents can take advantage of, ensuring that they can save for their children’s education.”