2 days ago
NBK partners with iconic luxury retailer to launch Kuwait first ‘NBK-Harrods Visa Infinite Credit Card'
KUWAIT: National Bank of Kuwait (NBK) has taken a significant step in its strategic alliance with Harrods—the world-class luxury retailer—by taking an exclusive partnership in Kuwait to launch the NBK-Harrods Visa Infinite Credit Card, Kuwait's first Luxury retail co-branded card designed for the high-end customer segment. True to NBK's commitment - meeting evolving customer needs and catering all segment types - this comes as the second co-branded credit card launched by NBK this year. It follows the introduction of the first retailer co-branded Card in the region.
Both launches reflect the bank's ongoing commitment to delivering a distinctive banking experience, defined by exceptional service and premium lifestyle offerings. The NBK Harrods Visa Infinite Credit Card caters to avid shoppers and frequent travelers with a host of exclusive benefits tailored to their lifestyle—offered not only to NBK customers in Kuwait, but also to those residing in London through the bank's local branch. This launch underscores NBK's strategy to leverage its international footprint and deliver seamless, high-end banking experiences to its customers wherever they are in the world.
The new card offers holders 7 Harrods Rewards points for every KD spent at Harrods Knightsbridge, Harrods Heathrow and Gatwick airport stores, at H beauty stores, on and via the Harrods app. Furthermore, cardholders will accumulate 5 Harrods Rewards points for every KD spent on international purchases, and 2 points for every KD spent on domestic transactions. Upon registration, the customer will be rewarded with 10,000 Harrods Rewards points when they activate the card and make their first purchase.
Additionally, they will receive an annual reward of 10,000 Harrods Rewards points when their total purchases from Harrods reach KD 10,000. Cardholders will enjoy a suite of exclusive benefits, including an automatic upgrade to the Harrods Black tier membership, dedicated Harrods Dining Credit redeemable at restaurants within the Knightsbridge store, and a range of bespoke rewards, from priority access to Harrods events and personalized shopping services to complimentary lounge access at numerous international airports.
Commenting on the launch of the new NBK-Harrods Visa Infinite Credit Card, Mohammed Al-Othman, CEO, Consumer and Digital Banking Group at National Bank of Kuwait, said: 'The launch of this card, the first of its kind in the local market, underscores the bank's commitment to enhancing the banking experience for its customers. Through strategic partnerships with leading institutions across various sectors, both locally and globally, we are able to offer exclusive benefits and rewards that go beyond traditional banking.
This initiative is designed to cater to the finer details of our customers' lives, providing them with added value that not only meets their needs but often exceeds their expectations.' He emphasized that the expansion of NBK's premium product offerings is aligned with the bank's strategy to deliver a comprehensive range of products that cater to diverse customer segments, including shopping enthusiasts and luxury seekers. This approach ensures that customers receive rewarding solutions specifically designed to meet their unique needs and preferences.
Alex Unitt, Partnerships Director, Harrods commented: 'We are delighted to introduce this new co-branded card in partnership with NBK, offering exceptional rewards to our valued customers in Kuwait. This exclusive partnership reflects Harrods legacy of excellence and our commitment to strengthening our global presence. Kuwait is an important element of this vision and we are proud to bring the unique Harrods experience closer to our customers here and around the world.'
As for Visa, Shashank Singh, Visa's VP and General Manager for Kuwait and Qatar, stated: 'Visa's collaboration with NBK and Harrods in launching the NBK-Harrods Visa Infinite Credit Card reflects our ongoing commitment to enhancing the payment experience for our premium cardholders in Kuwait in line with the government's digital commerce agenda. The new card offers holders a wide range of exclusive privileges and benefits, backed by Visa's latest security technologies and global acceptance at more than 150 million merchant partners, ensuring cardholders can use the card with complete confidence, both inside and outside Kuwait. '
NBK is consistently dedicated to offering rewarding promotions and exclusive value-added benefits to its diverse customer base, reinforcing its leadership position in the banking sector both locally, regionally, and globally. Harrods has been welcoming customers to its Knightsbridge store since 1849, and remains standing as an iconic beacon of luxury. With its diverse range of exquisite boutiques and architectural magnificence, Harrods attracts a distinguished clientele from every corner of the globe, cementing its status as the epitome of elegance and refinement.
Harrods is home to more than 3000 curated brands as well as over 20 dining destinations and expert fashion, home, beauty and wellness services. In addition, Harrods serves customers via H beauty and airport stores and hospitality destinations in China and Qatar. Harrods continues to be guided by its philosophy of 'anything is possible' to ensure that customers enjoy unparalleled experiences with every visit.
Mohammed Al-Othman, Alex Unitt and Dr Saeeda Jafar are pictured during the event.
