Abu Dhabi Commercial Bank (ADCB) launches the first credit card for its 'SimplyLife' brand. The new Titanium MasterCard Credit Card offers a cash back proposition to consumers; 1.5 per cent cash back on every purchase.
Sundar Parthasarathy, Head - New Business at ADCB, said: "In April, we launched SimplyLife to make personal and car loans more accessible. Today, we're enhancing that offering with the launch of our SimplyLife cash back credit card. Our customers can now benefit from a powerful cash back program, giving them greater financial freedom and convenience to achieve their goals in life. The credit card market has many cash back offers, but ours is the only cash back program that can be explained in two lines- spend AED 1,000 in a month and you avail the cash back. It is that simple."
Commenting on this, Eyad Al-Kourdi, Country Manager – UAE, MasterCard, said: "The launch of SimplyLife Titanium MasterCard Credit Card builds on our longstanding collaboration with ADCB, and we are confident that this rewarding product will instantly appeal to the UAE consumers. Developing innovative payment solutions that offer exceptional value to cardholders is a key priority for MasterCard and we look forward to introducing similar solutions with ADCB that can become the preferred everyday payment tool for the bank's customers."