Commercial Bank of Dubai Launches CBD Visa Super Saver Cashback Credit Card
Dubai, 29 October 2018: Commercial Bank of Dubai (CBD), one of the leading banks in the UAE, today announced the launch of its new CBD Visa Super Saver Cashback Credit Card at a ceremony held at CBD’s Head Office. Launched on the Visa Signature platform, CBD Super Saver is positioned as the B.E.S.T cashback card in the UAE as it rewards customers with an amazing 10% cashback across all Bills, Education, Supermarket and Transport related spends.
The event was attended by Dr. Bernd van Linder, Chief Executive Officer of Commercial Bank of Dubai, Amit Malhotra, General Manager – Personal Banking Group of CBD, Shahebaz Khan, GCM UAE of Visa, and senior officials from both organizations.
Offered on a first-year free basis to new customers, the Super Saver Credit Card is packed with value-added benefits and offers customers significant savings on major spends like school fees, and everyday spends such as utility and telecom bills, government payments including visa renewal, Ejari, court fees and fines, as well as grocery and fuel spends. Cardholders will get 10% cashback in these 4 categories, a maximum of up to AED 200 per category per month. For other spend categories, customers will earn 1% cashback on every AED 2 spend.
Moreover, Super Saver cardholders will enjoy a range of lifestyle benefits including complimentary lounge access at over 900 airports globally, free valet parking, discounts of up to 50% on cinema tickets and dining offers across 500+ outlets in the UAE.
Announcing the launch of the new credit card, Amit Malhotra, General Manager - Personal Banking Group at CBD said, “At CBD, we recognize the needs of our clients and offer them the best in class products and services that meet their financial requirements. We have identified our clients spending habits and preferences and thus, launched the CBD Visa Super Saver Credit Card that rewards them for their major spends such as school fees, as well as their everyday spends such as grocery, fuel, utility bills and government payments. Super Saver also complements our clients’ lifestyle by providing them with a suite of exclusive discounts, experiences and complimentary services.”
“We are confident that CBD Visa Super Saver Credit Card will be the best card in the market. In addition to the suite of benefits it provides, it will allow cardholders to aggregate their spends on one card and get significant value.”
Shahebaz Khan, Visa’s Group Country Manager for the UAE, said: “We are delighted to partner with CBD to launch the CBD Visa Super Saver Credit Card, which will give CBD customers the opportunity to earn cashback on their more frequent and essential spends involving payment of utility bills, school fees, grocery, and transport, and ultimately enabling them to save more. Furthermore, transacting using a Visa card means that CBD customers can avail of these benefits in a secure, reliable and seamless manner.”
CBD Credit Cardholders can also enjoy a host of other benefits including converting purchases to easy installment plans, 0% interest on balance transfers, free travel insurance, purchase protection and much more.