Highlights

Affin Bank aims for 10,000 Visa Business Platinum credit cards

 Publish date: Wed, 5 Dec 2018, 08:42 PM

KUALA LUMPUR: Affin Bank Bhd is confident that its newly-launched Visa Business Platinum credit cards will be well-received by its customers and expects to issue 10,000 credit cards next year.
 
Group Chief Executive Officer Kamarul Ariffin Mohd Jamil said the launch of the card completed the bank’s suite of product offerings that would cater to the daily requirements of every small-and-medium enterprise (SME).
 
“Through this card, we can offer new solutions to customers in the SME segment, which is still a relatively untapped market.
 
“This is a growing segment for the bank and we are looking at 15-16 per cent growth for our SME business in 2018,” he told reporters after the launch here today.
 
Visa Country Manager for Malaysia Ng Kong Boon said the list of benefits that the new product offered were extremely beneficial to small businesses and corporates since many of them today still relied on cash or cheques for payments.
 
“More importantly, digital payments help provide more visibility for companies to plan their finances and enhance their cash management processes,” he added.
 
The card comes with strings of benefits for business owners such as unlimited cash back of 1.5 per cent when the card is used for overseas transactions within the promotion period from now until June 2019, before going back to its normal rate of one per cent.
 
Furthermore, the card offers six-times complimentary access to Plaza Premium Lounge and complimentary green fees at renowned golf courses in Malaysia and Indonesia as long as card members spend RM2,000 per month.
 
 - BERNAMA
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