Emirates NBD and LuLu Group launch new credit card

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Emirates NBD and LuLu Group launch new credit card

Published: Mon 16 Dec 2019, 4:20 PM

Last updated: Mon 6 Jan 2020, 1:12 PM

Emirates NBD and LuLu Group have come together to launch the Emirates NBD LuLu 247 Mastercard Credit Card, which will enable UAE consumers to carry out all their household shopping conveniently through the extensive LuLu store network, while earning market leading rewards.
Themed around 24/7, the co-branded card program will offer customers rewards of up to seven per cent on all spends at LuLu stores and web store, four per cent on fuel related spends and two per cent on utility bill payments. Rewards will be awarded in the form of LuLu Points which can be redeemed instantly at over 70 LuLu stores across the UAE. In addition, card members will also enjoy exclusive discounts and privileges at LuLu stores as well as obtain a buy-one-get-one-free offer for movie tickets at Vox Cinemas.
Hesham Abdulla Al Qassim, vice chairman and managing director, Emirates NBD, said: "As the market leader in payment cards, Emirates NBD consistently strives to offer innovative products that provide strong value and convenience to our customers. Our partnership with LuLu brings together two home-grown brands that have developed into household names in the UAE to offer an unmatched proposition that earns attractive rewards for customers even on their essential and everyday spending."
Yusuff Ali MA, chairman and managing director, LuLu Group, said: "As a retailer that is continuously striving to add value for our large and cosmopolitan customer base, we are really excited about launching this very unique and rewarding card in collaboration with the region's leading bank, Emirates NBD. The fact that customers will get not only seven per cent cash back at LuLu when they use the 247 card but also get up to four per cent rewards on fuel related spends and two per cent on utility bill payments will make this card the most popular and valuable card in the country."
Girish Nanda, general manager, UAE and Oman, Mastercard, added: "We are delighted to collaborate with our longstanding partner, Emirates NBD and the LuLu group to make everyday spending more rewarding and convenient for the bank's customers. The Emirates NBD LuLu 247 Mastercard Credit Card has been designed with the UAE consumer in mind, giving cardholders additional value for the purchases they make most frequently."
The Emirates NBD LuLu 247 Mastercard Credit Card will be offered in two variants, Titanium and Platinum. New card members will also benefit from a welcome bonus of up to 500 LuLu Points and also be able to avail a 0% Balance Transfer program with no processing fee to transfer their existing card balances.
- business@khaleejtimes.com

By Staff Report

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