The FINANCIAL -- AfrAsia Bank and MasterCard introduce Africa’s first travel rewards program offering real time booking on over 450 airlines and at 200,000 hotels to its World and Titanium MasterCard cardholders, according to MasterCard.
In collaboration with Infinia Services & Solutions and
MasterCard, this travel rewards program enables cardholders to earn
XtraMiles whenever they swipe their World or Titanium MasterCard credit
cards. This innovative product underpins further the bank’s unremitting
commitment to creating value for its niche market and differentiating
itself through unique products with priceless privileges, according to
XtraMiles is a new travel currency that clients can collect not only on everyday spending, but also on bank deposits and investments held with the Bank. With a secure, convenient and reliable live platform, customers can complete an entire transaction with just a few clicks of the mouse, searching for fares, choosing a trip itinerary, booking a flight or hotel, and pay using their XtraMiles in easy steps. Besides a complete accrual engine attached with Customer Relationship Management (including transactions and e-statements) and communication (sms and email) capabilities, there is no manual processing of rewards as the platform will be accessed by clients for automatic redemption.
In addition to flights, hotel stays and car rentals location worldwide for free, cardholders have access to an extensive range of benefits including exclusive and priceless lifestyle experiences, local rewards, online merchandise among others.
“At AfrAsia Bank, we believe that it is important to anticipate our customers’ needs and wants, and tailor the most rewarding experiences for them. We are thrilled to be the first bank not only in Mauritius but in the African territory to introduce this revolutionary travel rewards program and living up to the strides we have taken to become our clients’ financial partner of choice. The collaboration with MasterCard and Infinia to introduce the XtraMiles rewards program cements our position as the best private bank in Mauritius, which is also in line with our strategy to serve our valued clients locally and globally,” said James Benoit, CEO of AfrAsia Bank.
“MasterCard and AfrAsia Bank have collaborated for more than six years to bring customers innovative products that complement their local and international lifestyles,” said Daniel Monehin, Division President, sub-Saharan Africa, MasterCard. “We are thrilled that the bank has selected two premium MasterCard payment cards to introduce the first air miles rewards program in Mauritius,” he added.
Members will be able to engage with the AfrAsia XtraMiles rewards program via a simple online portal. Monthly statements and exclusive priceless offers will be shared via the portal and can be immediately redeemed – enhancing their experience and ensuring frequent engagement. If customers are already members of individual airlines’ loyalty schemes, they will earn rewards on those schemes as well when paying with their qualifying MasterCard travel cards, effectively doubling their rewards, according to MasterCard.