FCMB launches MasterCard with cash rewards

Semiu Salami
Semiu Salami

First City Monument Bank (FCMB) Limited, has commenced a special offer to reward customers who use its Debit MasterCard for cash withdrawals, purchases or online payments within and outside Nigeria, with cash and unique gift items such as iPad-minis and android phones.

The special incentive, which comes in two categories namely; Issuance/Activation and Usage and tagged, FCMB MasterCard Offer, commenced in September and will run till end of October, 2014.

Under the Issuance/activation category, a customer issued an FCMB MasterCard for the first time receives unique FCMB customised pens and key rings instantly, upon the activation of the card.

For the Card Usage category, a customer who spends up to N500,000 (five hundred thousand naira) within Nigeria to effect transactions on Point of Sales (PoS) or via the internet, gets up to 1.5% cash back on total spend directly in his or her account.

In addition, a total spend of two million and above outside Nigeria on PoS, ATM or the internet, will be rewarded instantly with gifts such as an iPad-mini, a Microsoft surface, an android phone, amongst others. The gift reward is contingent on the total amount spent.

Speaking on the MasterCard offer, the Executive Director, Service Management and Technology, Nath Ude, said the FCMB MasterCard offer is another way FCMB appreciates its customers for embracing its array of innovative products and services.

“We will continue to demonstrate our commitment in providing customers with easy, convenient and reliable channels to conduct financial transactions”, Ude stated.

The bank executive reiterated that the cash and gift rewards can instantly be redeemed by a customer as soon as he or she meets the local and/or international financial transactions threshold set according to the terms of the offer.

According to the bank, the FCMB Debit MasterCard is secure and reliable for real time transaction at all times. It can be obtained instantly at any of its branches and it is accepted in over 270 countries.

FCMB is a member of FCMB Group plc, which is one of the leading financial services institutions in Nigeria with subsidiaries that are market leaders in their respective segments.

Having successfully transformed to a retail and commercial banking-led group, FCMB expects to continue to distinguish itself by delivering exceptional services, while enhancing the growth and achievement of personal and business aspirations of its customers.

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