Commercial Bank of Dubai Partners with ICC Loyalty to Launch its Exclusive CBD Rewards Program
Dubai, 8 September 2019: Commercial Bank of Dubai, one of the leading banks in the UAE, signed a partnership agreement with ICC loyalty, one of the largest loyalty solution providers in the MENA region, to launch the new CBD Rewards Program, in a strategic collaboration with dnata and Eros Electronics.
The new CBD Rewards platform enables CBD customers to earn points across their banking relationship and offers them the flexibility to redeem these points across a suite of options including travel, electronics, shopping vouchers and cashback. Customers can also redeem points to make charity payments and pay for retail purchases using the “Pay with Points” feature.
Specifically for travel, CBD Rewards can be redeemed for air tickets across 300+ airlines, reservations at over 300,000 hotels through the program’s official travel services provider, dnata, whilst Eros Electronics provides customers with the widest range of electronics products from world renowned brands.
The partnership agreement was signed by Amit Malhotra, General Manager - Personal Banking Group, CBD, Amit Narang, Chief Executive Officer, ICC Loyalty, Savio Vaz, Vice President – Government and Corporate Travel, dnata Travel, and Shailendra Singh, Manager – E-Commerce, Retail Business Group at Eros Group, at a ceremony held at the CBD Head Office in Dubai.
Amit Malhotra, General Manager – Personal Banking Group at CBD, said, “At CBD, we are constantly working to exceed customer expectations and provide them with exclusive lifestyle privileges befitting a premium banking experience. We found that when it comes to reward points, our customers want fulfilling rewards, a wide variety of redemption options and a seamless redemption experience.”
He added, “The CBD Rewards program meets all of the above; it’s a 360-degree program that rewards CBD customers across their relationship with the bank; it offers a wide suite of redemption options with an experience that is best-in-class and integrated with CBD’s mobile app and online banking channels.”
From his side, Amit Narang, Chief Executive Officer of ICC Loyalty, said, “It has been our privilege to work closely with the Commercial Bank of Dubai team to create a loyalty solution that caters to a bank-wide customer base and integrates with the bank’s mobile application. CBD customers can avail a range of benefits including options to redeem across travel, online electronics shop, gift vouchers and a unique opportunity to pay with rewards across the globe.”
Savio Vaz, Vice President – Government and Corporate Travel, dnata, said, “We are delighted to partner with Commercial Bank of Dubai as its exclusive travel partner. CBD customers can now take advantage of our comprehensive offering, redeeming their reward points for a range of quality travel services, including air tickets, hotel bookings, car rental, marhaba meet & greet and lounge services, desert safaris, cruises and City Sightseeing Dubai. We look forward to a long-standing partnership with CBD.”