I&M Bank has partnered with Mastercard to roll out several new world-class debit and credit cards targeted at corporate C-Suite professionals and high-net-worth clientele offering a range of lifestyle and travel benefits.
The range, which will be rolled out in a phased manner, consists of the Mastercard World Elite, Mastercard World Debit and Credit, Mastercard Platinum debit, Mastercard Corporate Standard, and Corporate World cards.
Commenting on the launch of the partnership, Kihara Maina, CEO of I&M Bank Limited, said they are proud of the collaboration with Mastercard as it aligns with their business growth agenda, which looks to further penetrate the retail market segments through the provision of market-driven solutions. “I&M Bank’s corporate strategy follows an ambitious digitization agenda and leveraging partnerships. Our partnership with Mastercard is a key enabler towards growing our online payments business.”
Cardholders, depending on the category, will enjoy a host of privileges including luxury travel benefits like free unlimited airport lounge access, premium memberships for hotel, airlines, car rental and chauffeur discounts, premium merchant offers and discounts at participating outlets, visa application and appointments booking service as well as card safety controls on the I&M On-The-Go mobile and internet banking application.
Additional benefits include comprehensive travel insurance cover which comprises of travel accident insurance, emergency medical evacuation and repatriation, and medical expenses, access to global emergency services for lost or stolen card reporting, emergency card replacement and emergency cash advance.
Shehryar Ali, Country Manager, East Africa said the partnership is aimed at creating incomparable experiences.
These card offerings come as exciting new additions to the Mastercard Platinum Multi-currency pre-paid card already offered by I&M Bank. With this suite, the bank is looking to delight its customers and their increasing demands for premium offers and benefits that match their lifestyle and provide exclusive access to a myriad of luxury travel and lifestyle benefits.