The bank launches a summer campaign for Visa cardholders

Written By Mark

Qatar Islamic Bank (QIB), in collaboration with Visa, has announced an exclusive offer for existing and new QIB Visa debit and credit cardholders, giving them the chance to win four BMW iX40 electric cars and cash prizes of up to QAR 900,000 to 90 winners over a period of 3 months, until September 30, 2024.
The bank seeks to promote sustainability by encouraging the use of electric cars. This initiative, which includes four BMW iX40 electric cars as grand prizes, emphasizes the importance of raising awareness of the risks of climate change. The campaign also aims to reward customers, support Qatar National Vision 2030, and highlight the bank’s commitment to sustainability.
QIB Visa debit and credit cardholders can get a chance to win prizes worth up to QAR 900,000, which will be given to 90 winners. Every international transaction of QAR 500 or more using debit or credit cards represents four chances to win, while every local transaction of QAR 500 or more using credit cards represents one chance to win QAR 10,000 monthly.
To qualify for the grand prize, cards must be used during the campaign period for a total value of 50,000 thousand riyals, excluding cash draws, in order to get five chances to win one of the four cars.
Thirty winners will be randomly selected each month, each receiving a cash prize of SAR 10,000, and at the end of the campaign, four cardholders will receive a new BMW iX40 electric car.
The bank also offers welcome reward points to new credit cardholders. To earn reward points, customers must activate their credit cards and make a purchase of at least SAR 500 within 30 days from the card issuance date. All customers who meet the criteria for a new credit card from the bank will earn reward points based on the card category they have chosen.
“We are committed to enhancing customer experiences and promoting environmental sustainability. We are delighted to partner with Visa once again to offer prizes this summer, giving our cardholders the chance to win four electric cars and cash prizes. As we continue our partnership with Visa, we aim to reward our customers and encourage positive change for a better future,” said D. Anand, General Manager, Personal Banking Group, QIB.
Mr. Shashank Singh, Vice President and General Manager, Kuwait and Qatar, Visa, said: “We are delighted to partner with the bank for the exclusive summer offer in Qatar, which reflects our keenness to provide exceptional rewards and experiences to our cardholders. We also look forward to giving them the opportunity to win valuable prizes.