Tribune News Network
Doha
Qatar Islamic Bank (QIB), Qatar’s leading digital bank and Visa, has announced an exclusive offer for its existing and new Visa Debit and Credit cardholders giving them the opportunity to win four stunning BMW iX40 electric vehicles in addition to cash prizes worth of QR900,000 which will be awarded to 90 lucky winners over a period of 3 months, running until September 30, 2024.
QIB is championing sustainability by promoting the use of electric vehicles. This initiative, which includes grand prizes of 4 BMW iX40 electric vehicles, emphasizes the importance of climate change awareness.
The campaign rewards customers and supports Qatar National Vision 2030 and QIB’s commitment to a sustainable future.
QIB Visa Credit and Debit cardholders will get chances to win a total of QR900,000 awarded to 90 winners by making domestic or international purchases. Every international transaction of QR500 or more on a QIB Visa Debit or Credit Card gives 4 entries and each domestic transaction of QR500 or more on Visa Credit Card will give 1 chance to win QR10,000 monthly.
To qualify for the grand prizes, cardholders must spend a total of QR50,000 during the campaign period to get 5 chances to win one of the 4 BMW iX40, excluding cash withdrawals.
Each month, thirty individuals will be randomly selected to receive QR10,000, and four lucky cardholders will drive away in a brand-new BMW iX40 electric vehicle at the end of the campaign.
QIB is also extending a welcome reward points to new credit card applicants. To qualify, new cardholders must activate their Credit Cards and make a minimum purchase of QR500 within first 30 days of card issuance. All customers meeting the criteria on the new QIB Visa Credit will get the guaranteed Reward Points based on their chosen card tier: 2,500 points for Gold, 5,000 points for Platinum, 10,000 points for Signature, and 20,000 points for Infinite Credit Cards.
QIB General Manager – Personal Banking Group D Anand said: "At QIB, our commitment lies in enhancing customer experiences and championing a commitment towards a greener, more sustainable future. We are pleased to collaborate with Visa once again to introduce exclusive prizes this summer season, offering our cardholders the chance to win 4 prestigious BMW iX40 electric vehicles alongside cash prizes. As we anticipate the continuation of our longstanding partnership with Visa, we are dedicated to rewarding our customers and driving a positive change for a better tomorrow.”
Visa VP and General Manager for Qatar and Kuwait Shashank Singh said: "We are delighted to partner with QIB for an exclusive offer in Qatar, reinforcing our commitment to delivering exceptional rewards and experiences for our cardholders. We are thrilled to provide them the opportunity to win prestigious prizes, making their summer shopping truly memorable.”
Winners will be selected through a prize draw conducted by a representative from the Ministry of Commerce and Industry and QIB officials.