Commercial Bank launches World Elite Mastercard credit card

Kuwait Commercial Bank, in collaboration with Mastercard, the global leader in payment technology, has announced the launch of the new World Elite Mastercard credit card. The launch aims to meet the evolving needs of a growing segment of customers who value exceptional experiences, exclusive access, and carefully tailored personal services.

Commenting on the launch, Abdulaziz Al-Zubaidi, General Manager of Retail Banking Services at Kuwait Commercial Bank, said: “The launch of the World Elite Mastercard reaffirms the bank’s steadfast strategy of focusing on premium customer segments and offering financial products that go beyond the traditional concept of payment tools, cementing a lifestyle of luxury and comfort. We are committed to providing innovative, precisely designed solutions that meet the high aspirations of our customers.”

Al-Zubaidi added that the card launch reflects Kuwait Commercial Bank’s offerings tailored for its elite clientele, combining financial services with lifestyle benefits aligned with their aspirations.

Ardem Cakar, Mastercard’s Country Manager for Kuwait and Qatar, said: “Kuwait boasts a base of high-net-worth customers whose needs are evolving rapidly, and who seek carefully curated experiences that suit their lifestyles and aspirations. We believe that collaborating with forward-thinking financial institutions, such as Kuwait Commercial Bank, is a cornerstone of our efforts to deliver world-class products and services that meet customer expectations and keep pace with market needs. The launch of the World Elite Mastercard embodies our ongoing commitment to providing the latest innovative and distinctive payment solutions in the State of Kuwait, enhancing the customer experience and delivering greater value across all aspects of their lives.”

The World Elite Mastercard offers cardholders a comprehensive package of premium travel, dining, and entertainment benefits through The Mastercard Collection. These benefits include a 24/7 personal concierge service, discounts at a range of luxury hotels, car rental companies, restaurants, retailers, and entertainment experiences at top global destinations. Travelers can also enjoy free access to more than 1,500 airport lounges, as well as over 200 expedited travel processing lanes in more than 30 countries via the Mastercard Travel Pass app, along with comprehensive travel insurance and emergency medical coverage while traveling.

Kuwait Commercial Bank provides complimentary valet parking services for World Elite Mastercard holders at selected shopping malls, clinics, and hospitals in the State of Kuwait. Additionally, the bank offers the highest point-earning rate among its credit cards through its Al-Tijari Rewards program. Cardholders can earn up to six points for every Kuwaiti Dinar spent, depending on the location and method of purchase: five points on local purchases via point-of-sale (POS) terminals or e-commerce platforms; five points on POS purchases within the European Union; six points on e-commerce purchases from companies and retailers based in the European Union; and six points on international purchases worldwide, whether via POS terminals or e-commerce platforms.