Burqan Launches Cash Recovery Campaign for Summer Season in Partnership with Visa

As part of its ongoing efforts to elevate the customer banking experience and deliver financial solutions with added value, Bank Al-Bayan announced the launch of its Cashback campaign for the summer season, in collaboration with Visa, the global leader in digital payments.

The campaign will run for three months, from July 1 to September 30, allowing customers to convert their spending during the summer holiday season into rewarding cashback incentives. This initiative reflects the bank’s appreciation for the loyalty of Visa credit cardholders and their continued trust in the bank as a financial partner.

This initiative is an extension of Bank Al-Bayan’s strategy to consolidate customer satisfaction and develop banking services by offering additional benefits that meet customers’ daily needs, thereby enhancing the bank’s cards’ position as one of the top choices in the local market.

Commenting on the campaign, Mohammed Al-Yassin, Deputy General Manager – Personal Banking at Bank Al-Bayan, said: “Staying true to our established slogan, ‘You are our motivation,’ we are delighted to contribute to making our customers’ summer holidays truly exceptional and unforgettable. This special cashback reward, launched in partnership with Visa, aims to meet their expectations and align with their lifestyle and travel needs during this season.”

Al-Yassin added: “Whether our cardholders are spending their holidays abroad or shopping from home at major global online retailers, this initiative gives them the confidence to use their Visa credit cards securely and with peace of mind, while earning rewarding financial returns on their purchases.”

The new campaign allows Visa credit cardholders to enjoy a 5% cashback rate on their monthly international transactions. This exclusive offer covers all purchases made outside Kuwait, whether through point-of-sale (POS) terminals in stores or via online shopping on global websites. Once a Bank Al-Bayan customer spends 500 Kuwaiti Dinars or more internationally in a month, they receive cashback of up to 100 Kuwaiti Dinars per month as a maximum cap.

This strategic partnership between Bank Al-Bayan and Visa underscores their shared commitment to providing seamless and secure digital payment solutions, while enhancing customer satisfaction and engagement through exceptional and innovative benefits. This aligns with the bank’s active efforts and its pivotal contribution to achieving the goals of Kuwait Vision 2035.

In a related context, this campaign follows Bank Al-Bayan’s continuous support for the financial awareness campaign “Let’s Be Aware,” launched by the Central Bank of Kuwait in collaboration with the Kuwait Banks Association and local banks. Through this initiative, the bank aims to enhance financial literacy across various segments of society, highlight best practices for secure online banking transactions, raise awareness about advanced digital financial fraud methods, and provide customers with the necessary guidance to protect their personal and financial data and ensure their security.