Bank Muscat Launches “Shukran” Co-Branded Visa Prepaid Card in Collaboration with Landmark Group and Visa

Roundup Saturday 25/November/2023 09:11 AM
By: Times News Service
Bank Muscat Launches “Shukran” Co-Branded Visa Prepaid Card in Collaboration with Landmark Group and Visa

MUSCAT: Bank Muscat, the leading financial services provider in the Sultanate, has partnered with Landmark Group and Visa to launch the Bank Muscat Shukran co-branded Visa Prepaid Card. The Bank Muscat Shukran Visa Prepaid card is a contactless payment method in the form of a reloadable card designed for everyday use. The prepaid card is linked to the cardholder’s Shukran membership for accrual and redemption of Shukran points in stores and online.

Customers will earn 1 Shukran Point for every OMR 1 spent at Landmark Stores and 1 Shukran Point for every OMR 2 spent outside Landmark Group chain of stores. The total points accumulated through the prepaid card spends is added to the Shukran points gained from their Shukran membership. Points can be redeemed across Landmark Group stores in Oman, the GCC, Egypt and online on more than 15 brands across Fashion, Home, Electronics, Hospitality and Leisure, at Landmark Group stores such as Centrepoint, Babyshop, Splash, SHOEMART, Lifestyle, Max, Shoexpress, Home Centre, Home Box and Emax.   

Application and management of the prepaid card is made simple and convenient through the Bank Muscat Mobile Banking app and Internet Banking services. Customers can also link the card to their existing Shukran membership.  For customers who do not have an existing Shukran membership, it will be autogenerated within the card application. Customers can use the online services to top up the card, view available balance, view transaction history and block the card if it is lost or stolen.

Speaking on the occasion, Abdulnasir Al Raisi, General Manager for Personal Banking, Bank Muscat, said: “We are delighted to partner with Landmark Group and Visa which reflects the bank’s commitment to enhance cooperation with reputed partners in the market aiming to offer distinctive banking experiences. Bank Muscat is a pioneer and innovator in providing electronic and digital banking channels to meet the financial requirements of its customers. This co-branded Shukran Visa Prepaid card will be an immense benefit for our ever-growing family of customers.”

Saikat Mishra, Territory Head, Oman, Landmark Group, expressed his delight at the launch saying, “The Shukran co-branded Visa Prepaid card, in partnership with Bank Muscat, is a first-of-its-kind initiative in Oman. The card offers the convenience of contactless shopping and benefits of earning Shukran points on purchases across Landmark Group and other partner brands while allowing redemption across our brands, online or in-store. It is the first of many initiatives launched with Bank Muscat as we look ahead to building a stronger strategic relationship with the commitment of bringing exceptional value to our customers.”

In line with its commitment to “serve you better every day”, the co-branded Shukran Visa Prepaid Card is amongst one of the exclusive card products that the bank has launched as part of its co-branded partnerships, including the Bank Muscat Oman Air Visa Platinum credit card and the Bank Muscat Lulu Titanium credit card.   To learn more about the Bank Muscat Shukran Visa Prepaid Card, please visit: https://www.bankmuscat.com/en/bm-cards/Pages/Shukran-Prepaid-Card.aspx.

Also, to apply for Bank Muscat Shukran Visa Prepaid Card customers may visit: Bank Muscat e-Banking:Internet Banking Login (bankmuscatonline.com)  or apply through the Bank Muscat Mobile Banking app.  For further information, customers may also call or Whatsapp the Bank Muscat contact center at the number 24795555 or communicate via the official social media accounts on Twitter and Facebook.

Landmark Group, based in Dubai, expands in the retail and hospitality sectors. With over 2,200 retail stores, more than 160 leisure and hospitality outlets, 25 homegrown brands, and several franchises, the Group has a presence that spans across the GCC, Middle East, India, Southeast Asia, and Africa. The Group's entrepreneurial spirit is evident in its innovative offerings, most notably STYLI and VIVA, and other global brands.