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KCB Bank partners with Visa to launch premium cards for high-net-worth clients

BizPost Writer by BizPost Writer
February 12, 2024
in Business, FINANCIAL
0
KCB Bank partners with Visa to launch premium cards for high-net-worth clients
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KCB Bank Kenya has teamed up with Visa to introduce two high-end cards, the KCB Signature Card and KCB Infinite Card, designed specifically for affluent clients in Kenya.

The Signature Card targets individuals earning between Kshs. 300,000 and Kshs. 1 million per month, while the Infinite Card is for those earning over Kshs. 1 million monthly. Both cards are available strictly by invitation.

These premium cards offer a wealth of benefits including exclusive travel and lifestyle experiences, wellness features, top-tier rewards, and dedicated relationship managers.

Jane Isiaho, KCB Bank Kenya Retail Director, expressed confidence that these offerings will further enhance the bank’s premium services, catering to the sophisticated needs of their discerning clientele.

Cardholders can look forward to accelerated reward rates, round-the-clock concierge service for travel arrangements and personalized recommendations, access to airport lounges, preferential treatment at partner hotels and resorts worldwide, entry to prestigious golf clubs and tournaments globally, and the ability to transact in both Kenyan Shillings (KES) and United States Dollars (USD).

Eva Ngigi-Sarwari, Visa Kenya Country Manager, expressed excitement about extending their partnership with KCB Bank through the launch of these premium cards.

She emphasized that the cards aim to provide KCB customers with exceptional spending power, enhanced protection, and superior rewards.

This collaboration signifies a major achievement for KCB Bank, demonstrating its dedication to creating world-class services for its high net-worth customers.

According to a recent market research report, the volume of Kenya’s cards and payments market was $49.5 million at the end of 2022, with an expected Compound Annual Growth Rate (CAGR) of over 17% from 2022-2026.

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