Arab Finance: Mastercard has launched the UEFA Champions League Mastercard Credit Card issued by the National Bank of Egypt, according to an emailed press release.
The first-of-its-kind cards in Egypt offer their NBE’s cardholders exclusive benefits and cashback on online purchases.
The cards will enable Mastercard and NBE to engage new customer segments, notably young football enthusiasts, and further boost their longstanding partnership.
“This partnership is another testament to connecting fans with their passion. As a UEFA Champions League Partner of more than 25 years, the new card is gateway to a world of unparalleled privileges, reflecting our dedication to making every connection truly priceless,” Adam Jones, Country General Manager, MENA Central, Mastercard, said.
"Such collaboration takes further the fruitful partnership between the two parties in providing diverse, innovative, and unique financial solutions with exclusive benefits for football-loving customers," Yehia Abou Al-Fotouh, NBE's Deputy Chairman, commented.
For his part, Karim Sous, CEO of Retail Banking and Branches at NBE, stated: “Customers can issue this new card with a credit limit starting from EGP 3,000 up to a maximum of EGP 250,000, at the convenience of each customer.”
“This motivates existing and new customers to use digital payments for their financial transactions, while gaining more points and rewards as well as other exclusive benefits, which contributes significantly to the transition towards a society that is less dependent on cash,” Sous explained.