CIB>>News>>CIB and EGYPTAIR launch the first Co-brand Airline Credit Card in Egypt, in cooperation with MasterCard

CIB and EGYPTAIR launch the first Co-brand Airline Credit Card in Egypt, in cooperation with MasterCard

19/6/2014 12:00 AM

​CIB and EGYPTAIR signed an agreement of the first co-brand airline Credit Card in Egypt  CIB – EGYPTAIR “Mileseverywhere” in a huge ceremony held at  Meridian Cairo, in cooperation with MasterCard. The new co-branded Credit Card rewards its cardholders with air miles while using the card in purchase transactions  inside or outside Egypt. Cardholders will enjoy the special benefits of CIB credit cards, as well as EGYPTAIR Plus program privileges.
The protocol was signed by Captain Hesham El-Nahas, Chairman & CEO of EGYPTAIR Airlines, and Mr. Ahmed Maher Abdel Wahed, CEO Consumer & Operations at CIB. The event was attended by Captain Sameh EL-Hefny, Chairman & CEO of EGYPTAIR Holding Company, and Mr. Hisham Ezz Al-Arab, Chairman & Managing Director of CIB, along with the senior managers of both companies, and number of senior officials from MasterCard International as well as media representatives.
“CIB - EGYPTAIR “Mileseverywhere” is a new initiative to offer our clients more services and benefits. This Credit Card introduced by EGYPTAIR Plus Program and CIB provides its credit cardholders a unique host of benefits”, said Captain Sameh El-Hefny, Chairman and CEO of EGYPTAIR Holding Company.
Meanwhile, Captain Hisham El-Nahas said that “EGYPTAIR always aimed at collaborating with several corporates in different fields to present integrated services to its customers, in an attempt to create a comfortable luxurious travel experience, with this new card as a part of it”
CIB - EGYPTAIR “Mileseverywhere” Credit Card comes in three different card types: Platinum, Titanium and Classic. Privileges are offered according to each card type, for example: Platinum cardholders can earn one mile for every EGP 5 spent. They also enjoy free access to EGYPTAIR lounges at Cairo International Airport, as well as one free excess baggage and priority check-in at business class counters regardless the class of their travel  ticket.
Cardholders are able to redeem earned miles via all EGYPTAIR offices across Egypt or through EGYPTAIR Call Center, to claim their free tickets, class upgrade or excess baggage.
Moreover, cardholders will enjoy a 25% discount on redemption rates, which adds more flexibility for EGYPTAIR travelers.

After applying for CIB - EGYPTAIR “Mileseverywhere” Credit Card, cardholders automatically receive complimentary bonus miles as a welcome gift . The amount of the free added miles varies depending on card type. For the Platinum credit card, the cardholder is rewarded a free 10.000 miles. The Titanium cardholder is rewarded 7.000 miles, whereas the Classic cardholder receives 4.000 miles.

The new co-branded card allows its holders to double their earn mile rate when using it to book a ticket via EGYPTAIR sales offices, Call Center or online booking.  For example, customers will be awarded 2 miles for every EGP 5 spent, when booking their ticket using their Platinum credit card, which is an additional benefit for cardholders.

For the first time, CIB - EGYPTAIR “Mileseverywhere” Credit Card holders will enjoy upgrading their membership level at EGYPTAIR Plus Frequent Flyer Program, as 25% of accumulated award miles will be used for upgrading membership tier level.

Mr. Hisham Ezz Al-Arab, CIB Chairman & Managing Director, said, "CIB always pioneers in providing its customers with the most innovative products and services. We place the needs of our clients at the top priority, and we believe that the new CIB - EGYPTAIR “Mileseverywhere” is yet another addition to CIB's oeuvre of innovative products that, for the first time, caters for frequent travelers. ."

CIB - EGYPTAIR “Mileseverywhere” Credit Card provides its cardholders with CIB’s credit cards benefits, as being accepted worldwide, it can be used anywhere locally or internationally at shopping, restaurants, airlines, hotels and even online.

Moreover, CIB - EGYPTAIR “Mileseverywhere” provides unique features like purchase protection, “Extended Warranty fraud insurance, grace period up to 55 days with no interest and cash withdrawal up to 100% of credit limit. the bank also offers through its wide network of branches all over Egypt easy Credit Card settlement through cash-depositing ( BNAs ), Internet banking services, phone banking services and direct debit instructions.

About MasterCard
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