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NCB Unveils Shariah-compliant Visa Platinum Credit Card

The card is available in two separate loyalty schemes, Bonus and Amyali

National Commercial Bank (NCB), a Saudi Arabia-based bank, has launched Sharia-compliant premium credit card – The Visa Platinum Credit Card. Reportedly, it is available in two separate loyalty schemes: Bonus (cash back) and Amyali (air miles). The cardholders can choose the scheme that suits their lifestyle.

In addition to the loyalty program offered by NCB, the Visa Platinum card offers travel insurance benefits of up to $200,000 and Visa global assistance services.

Adel Al Howar, senior executive vice president and head of consumer finance sector at NCB, said: “Our Visa Platinum Credit Card will provide our customers access to the most recognized and reliable electronic payment network in the world, which complements our focus on providing the best services to our customers.”

Ihab Ayoub, general manager, Visa, KSA, Kuwait, Bahrain, Oman and Yemen, said: “Our partnership with NCB is in line with our efforts to expand our presence in the Kingdom. The bank’s reputation and extensive market reach provide the perfect platform for us to further showcase our services throughout the country. We look forward to creating more unique offerings with the KSA’s banking institutions.”