Leading UAE National financial institution, Mashreq was a big winner at the recently held Smart Card Awards Middle East 2013 ceremony. Mashreq won over the independent panel of expert judges to walk away with two of the most coveted trophies of the evening viz. ‘Best Credit Card’ and ‘Best Debit Card’ in the Middle East. The awards were given for developing unique and innovative propositions that offered significant and differentiated value to customers.
The Cards and Payments Middle East awards held on May 14th showcased the best payments products the region’s banks had to offer to their customers over the last twelve months. Nominations were received from banks in the UAE as well from the rest of the Middle East,
Farhad Irani, Head of Retail Banking Group, Mashreq, commented, “It is motivating to have the market recognize valuable payments propositions built on careful research and brought to bear by the most experienced management team in the region. Mashreq has a set of exciting innovations that will be launched this month in a bid to augment great proposition with best in class user experience. Being the Best Consumer Bank in the Region means we simply have to work hardest.”
Nimish Dwivedi, Head of Payments, Mashreq commented, “We are very proud to have been awarded ‘Best Credit Card’ and ‘Best Debit Card’ in the Middle East. At Mashreq, our cards business combines innovation, unique features and most importantly unmatched benefits that set us apart. This award is a recognition of our commitment to offering end-to-end payments solutions to our customers.”
Dwivedi added, “SmartSaver Credit Card has recorded massive success since it was launched and we have continued to add exciting elements to the proposition to make it UAE’s Best Everyday Card.
The award winning Mashreq SmartSaver Credit Card is the UAE’s first ever Everyday Card to offer genuine savings on all domestic, international purchases, education and utility spends with no tiers; ensuring that customers earn Cashback on purchases starting from the very first Dirham. In addition the Card also offers customers up to 6.25% Cashback on every transaction, every time, at over 150 & growing partner outlets with no restrictions and no spend thresholds; thus creating the most powerful and value packed Cashback offering in the UAE. The partner outlets are spread across the country and include every possible category that comprises a customer’s day to day spending.
The Mashreq Platinum Debit Card was re-launched as the UAE’s Best Debit Card for International Travel. Mashreq’s Debit Card holders can enjoy free and unlimited international ATM withdrawals and Cashback on their overseas spends. Moreover, customers can now look forward to enjoying their overseas holidays with ultimate peace of mind thanks to Travel Protect, a best-in-class travel insurance program that covers medical expenses, travel inconvenience, Purchase Protection, Wallet Protection not just for the Primary Cardmember but Supplementary Cardmembers as well and is absolutely free to all customers who make their holiday bookings with their Mashreq Platinum or Titanium Credit Cards or Mashreq Platinum Debit Cards.