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Mashreq launches Debit Card with Visa

  • United Arab Emirates: Tuesday, March 19 - 2013 at 17:32
  • PRESS RELEASE

UAE's financial institution Mashreq in partnership with Visa launched the new Mashreq Platinum Visa Debit Card that makes it the ideal companion for all international travel through never seen before savings and protection benefits.

The new Mashreq Platinum Visa Debit Card allows Mashreq Gold and Private Banking customers to withdraw cash from any ATM, anywhere in the world absolutely free! This offer is ongoing for an unlimited number of withdrawals.

In addition to the free ATM withdrawal benefit, all Mashreq Platinum Visa Debit Card members will get rewards in the form of 1 Salaam point for every Dhs1 spent at any merchant outlet overseas and 1 Salaam point for every Dhs2 spent at any merchant outlet in the UAE.

During the launch period from 19th March to 31st May 2013, Mashreq is also providing a special cash back benefit of Dhs10 for every Dhs1000 spent on the Mashreq Platinum Visa Debit Card at all retail outlets overseas.

Nimish Dwivedi, Head of Payments at Mashreq, said, "Global convenience is critical for customers who tend to travel internationally very frequently. Our objective was to ensure that we make their Debit Card very powerful on the two fronts linked to convenience - Savings and Protection. Hence, we have created the new Mashreq Platinum Visa Debit Card that provides unmatched saving and never before benefits. Now, Mashreq Platinum Visa Debit Card members can travel anywhere in the world with absolute peace of mind."

Powered by the most secure platform in the world - Chip and PIN technology -the Mashreq Platinum Visa Debit Card also provides additional and relevant protection to customers as it comes loaded with different layers of insurance such as emergency card replacement anywhere in the world, emergency cash anywhere in the world, purchase protection for all purchases made on the Card at all merchant outlets across the world, global multi-trip travel insurance that covers not just travel inconveniences, all in addition to medical insurance for global travelers, and lost wallet protection worldwide.

Marcello Baricordi, General Manager - UAE at Visa, added, "The new Mashreq Platinum Visa debit card campaign, marks a new milestone in the business partnership between Visa and Mashreq. With this, all the Mashreq Platinum Visa Debit cardholders can fly anywhere across the world and enjoy a unique range of benefits which ensure security and convenience. Visa is a great way to pay when you travel and with the addition of these reward options customers now benefit from an unbeatable combination."

The Mashreq Platinum Visa Debit Card enables the bank's account holders to benefit from secure, convenient and reliable access to their funds with the ability to use digital currency at tens of millions of merchant locations and nearly two million ATMs in more than 200 countries and territories.
Nimish Dwivedi, Head of Payments at Mashreq and Marcello Baricordi, General Manager - UAE at Visa.
Nimish Dwivedi, Head of Payments at Mashreq and Marcello Baricordi, General Manager - UAE at Visa.
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