Burgan Launches the Best Three Cashback Cards in Kuwait offering up to 15%

Press release

Published May 7th, 2023 - 06:11 GMT

Burgan Launches the Best Three Cashback Cards in Kuwait offering up to 15%

It is noteworthy that Burgan Bank remains committed to being a leading service provider in the banking services sector in Kuwait.

Burgan Bank announced the launch of a new series of Cashback cards, the best of their kind in Kuwait, supported by a wide range of diverse benefits designed to meet the needs of customers locally and globally. This step comes in line with the Bank's strategy aimed at rewarding its customers and providing the best banking products and services that suit their daily lifestyle.

The innovative proposition from Burgan Bank comes in 3 variants of Cards- Two credit cards and one Prepaid card built with top-of-line Cashback benefits.

The new series of Cards will provide customers with a more rewarding purchasing experience, through highest cashback in Kuwait, of up to 15% when using MasterCard World variant, 10% when using MasterCard Platinum variant, and 5% when using MasterCard Prepaid variant card to pay for their “daily spends” which would include selected top merchant categories such as dining, health, and beauty spends including spa, salons and cosmetics, online purchases and utilities payments whether inside Kuwait or while traveling.

Commenting on the Cashback cards launch, Naser Al Qaisi, Chief Retail Banking Officer at Burgan said, “As part of our cards’ strategy, we make continuous efforts to best understand our customers’ requirements and elevate their banking experience with us. Today, we launch the most powerful Cashback cards in the local banking market-based in line with the changing expectations of customers.

Al Qaisi added: “The launch of this latest product comes following a run of very well-received promotions and added value benefits on our card offerings, all of which resulted in amazing feedback from our customers and increasing demand for our cards. Any and all new offerings we introduce – whether limited-time promotions or permanent additions to our suite of solutions – are designed to offer our customers a best-in-class banking experience”.

It is noteworthy that Burgan Bank remains committed to being a leading service provider in the banking services sector in Kuwait. The Bank continues to launch banking products and services that provide added value and a signature, elevated banking experience for its customers, featuring various benefits and exclusive rewards throughout the year.

Background Information

Burgan Bank

Established in 1977, Burgan Bank is the youngest conventional Bank and second largest by assets in Kuwait, with a significant focus on the corporate and financial institutions sectors, as well as having a growing retail, and private bank customer base. Burgan Bank has majority owned subsidiaries in the MENAT region supported by one of the largest regional branch networks. which include Gulf Bank Algeria - AGB (Algeria), Bank of Baghdad - BOB (Iraq & Lebanon),Tunis International Bank – TIB (Tunisia), and fully owned Burgan Bank – Turkey, (collectively known as the “Burgan Bank Group”). Furthermore, Burgan Bank has a present in the UAE through its corporate office (“Burgan Financial Services Limited) which had helped the bank to participate in multiple financing opportunities in the UAE.