Boubyan: 6% Cashback on Business Credit Card

Boubyan Bank announced an increase in the cashback rate on its Boubyan Business Credit Card from 1.5% to up to 6% on local and international purchases, making the card the highest cashback card for businesses in Kuwait, based on spending volume.

This move is part of Boubyan’s ongoing efforts to develop exclusive benefits that meet the needs of its business account clients, particularly small and medium-sized enterprises (SMEs), providing them with greater value from their daily purchases, alongside banking solutions that help them manage their businesses and transactions with ease and flexibility.

Zaid Al-Saadoun, Assistant General Manager of Business Banking at the bank, said: “At Boubyan, we are committed to building continuous relationships with our SME clients, starting with understanding the nature of their businesses and evolving needs. From this perspective, we work on developing our services and benefits, while also providing initiatives and partnerships that allow them to leverage new expertise, services, and opportunities that support their business growth.”

He added: “Introducing the highest cashback rate on business cards in Kuwait gives our clients greater value from their purchases and enhances their benefit from daily business expenses. The rate varies based on spending volume, starting at 1.5% and reaching up to 6% on local and international purchases.”

He noted that the card is one of the benefits offered by Boubyan’s integrated system to business account clients, adding: “We continuously work on developing banking and digital products and services, along with financing, investment, advisory, and payment solutions, providing business owners with multiple options that meet their needs in managing their businesses and supporting long-term growth.”

He explained that the development of this system is linked to continuous communication with clients and keeping pace with changing business needs, stating: “We strive to ensure our solutions are closely aligned with the realities and aspirations of businesses, offering them greater flexibility in managing their operations. This integration strengthens Boubyan’s role as a banking partner and a success partner for SMEs, supporting them in managing their businesses and progressing toward their goals.”

He highlighted that Boubyan’s Business Banking sector recently received two awards: “Best Bank for Digital Banking Services for SMEs in Kuwait” from Global Finance, and “Best Bank for SME Banking Services in Kuwait” from Euromoney, noting that this recognition reflects the sector’s service development and the bank’s commitment to providing a more convenient and flexible banking experience for business owners, delivering practical value beyond mere transaction processing.

Al-Saadoun emphasized that Boubyan consistently aims to elevate banking services toward a more innovative and distinguished future, with customer convenience as the top priority. He pointed out that this strategic investment, which meets the diverse and advanced needs of its growing client base, reinforces the bank’s ongoing approach to empowering clients and developing the business environment to improve performance and increase productivity.

The Boubyan Business Credit Card offers benefits including free issuance during the first year, free renewal in the second year if KD 2,000 is spent within a year, access to airport lounges at several airports worldwide, purchase protection, extended warranty coverage, travel insurance services, and exclusive discounts.