KIB Launches February Promotion for Visa Credit and Prepaid Cardholders

Kuwait, 12 February 2024: Kuwait International Bank (KIB) announced the launch of a special promotion for all its credit and prepaid cardholders, including Visa Classic, Gold, Platinum, Signature, Infinite, and Prepaid cardholders. The promotion comes in celebration of Kuwait’s National and Liberation Day, where the Bank will reward its Visa cardholders by offering them a chance to win valuable cash prizes with a total value of up to KD 8,000, when they are using their KIB Visa cards both inside and outside Kuwait during the month of February.

During the promotion period, from February 1 to February 29, 2024, two winners will be awarded a cash prize of KD 1,000 each, in addition to 24 winners who will receive a cash prize of KD 250 each. The draw is scheduled to be organized on March 7, 2024, at the Bank's headquarters, under the supervision of representatives from the Ministry of Commerce and Industry.

This campaign enables customers to enter the draw when using eligible KIB cards for their purchases of at least KD 500 for credit cards and KD 200 for prepaid cards during the promotion period. Customers will receive one chance to enter the draw for every KD 1 spent locally, and three chances for every KD 1 spent internationally. Meanwhile, debit cardholders are granted three chances for every KD 1 spent outside Kuwait only.

Commenting on the campaign, Laila Naserallah, Products Manager of the Digital Transformation and Innovation Department at KIB, said: “Remaining true to KIB’s slogan ‘Bank for Life’ through our products, we wish to celebrate the month of February with our cardholders through this promotion. To this end, KIB is committed to enhancing our customers' banking experience by providing offers, benefits, and exceptional prizes that meet their needs and exceed their expectations. In addition to the promotion, the Bank's credit and prepaid cards offer holders a rich package of exceptional benefits. These include a rewarding Cashback Program that rewards our customers with up to 5% cashback on their spends, exclusive dining offers at a series of the finest restaurants locally and internationally, discounts on entertainment services, as well as on free travel insurance services, access to the variety of airport lounges worldwide, and much more.”

Ali Hinnawi, Visa’s Business Development Leader for Kuwait, said: 'Our exclusive promotion with KIB is a great way to reward the Bank’s Visa cardholders when they shop using their Visa credit, debit or prepaid cards. This helps encourage the use of digital payments and supports the Kuwait government’s efforts to promote digital commerce in the country. Visa is fully committed to the government’s digitization agenda and looks forward to extending the benefits of digital commerce to more consumers and businesses in Kuwait.”

It is worth mentioning that KIB continues to embody its main slogan ‘Bank for Life’ through its ongoing efforts to introduce special seasonal campaigns, which aim to elevate the banking standards related to rewarding customers. Additionally, the Bank adopts a pioneering approach to meeting the needs of its distinguished customers.