Business
ZAWYA-PRESSR: Warba Bank receives Mastercard’s “Highest Spend Per Card on Credit Card” award
ZAWYA-PRESSR: Warba Bank receives Mastercard’s “Highest Spend Per Card on Credit Card” award
About this update from Warba Bank Ksc
Kuwait: Warba Bank received Mastercard’s prestigious “Highest Spend Per Card on Credit Card” Award in recognition of its outstanding performance in issuing credit cards and the exceptionally high spend per card. The recognition stands as a testament to the strong confidence of high-net-worth and premium customers in Warba Bank’s innovative payment and card solutions.The award further strengthens Warba Bank’s position as a leading bank in Kuwait providing Islamic banking services. The Bank continues to expand its portfolio of innovative products and services to meet the needs of all customer segments, offering high-value benefits and advanced solutions as part of a strategy that integrates cutting-edge digital technologies with Shariah-compliant standards. The strategy ensures customers receive an exceptional banking experience that places them at the heart of every service and enables them to fulfill their financial needs.Commenting on this achievement, Mr. Ahmed Faisal Al-Qatami, Chief Retail Banking Officer at Warba Bank, said: “The award supports Warba Bank’s ongoing commitment to delivering quality services that reinforce its market position and places it among the leading banks offering unique experiences, particularly those tailored to the needs of premium customers. The achievement also demonstrates that our strategy which focuses on quality and innovation is delivering tangible results as well as our vision ‘Let’s Own Tomorrow’, ensuring our customers have access to the best financial tools to build their future with confidence.”Al-Qatami added that Warba’s strong partnership with Mastercard was key to achieving this milestone, enabling the Bank to leverage the latest innovations in electronic payment technologies and deliver advanced solutions that meet customer needs in a rapidly evolving global banking environment. He noted that this collaboration ensures Warba Bank’s cards serve as a gateway to a world of global benefits and secure payment solutions.He further emphasized that Warba Bank stood out over the years as it provides the strongest cashback programs in Kuwait, allowing credit cardholders to earn cashback of up to 6%, with an annual cap of KD 6,000, specifically designed to align with the diverse spending patterns of high-net-worth customers. This program, he explained, reaffirms the Bank’s commitment to delivering real and sustainable ...