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Ila Bank, powered by Bank ABC, has announced a credit card cashback campaign for customers of ila Blue and Switch credit cards.
The cashback of 3 per cent will be received on all international and online foreign currency transactions made while using these credit cards from ila.
In addition, ila credit card customers will be receiving higher than usual rewards on their credit card spends during this campaign, which will run up to May 31, 2025.
Current and new customers of ila’s Blue and Switch credit cards who have set their credit card rewards as ‘cashback’ are eligible to get the 3pc cashback on their purchases made in international currencies.
Domestic transactions will continue receiving 1pc cashback, while government transactions will receive 0.5pc cashback, and educational transactions will receive 0.2pc cashback.
Those credit cardholders who have opted to be rewarded in airmiles or ila tokens can also benefit from this campaign. Every BD1 spent in foreign currency transactions is equal to three airmiles or three ila tokens earned. Every BD1 spent on domestic transactions translates to one airmile or 1 ila token. Government transactions get one airmile or one ila token for every BD2 spent. Educational transactions will receive one airmile or one ila token for every BD5 spent.
Commenting on the credit card cashback campaign, ila Bank head of marketing and acquisitions Abdulla Abuidrees said: “We are pleased to offer our credit card customers enhanced rewards on their foreign currency spends through this tailored credit card cashback campaign. Like everything we do at ila, this campaign has been designed keeping our valued customers first and foremost in mind. Besides offering innovative digital banking services, ila Bank is intent on providing its customers unmatched privileges and benefits that enhance their lifestyles and propel them towards achieving their financial aspirations.”
While transactions made locally on fuel, charity and cash withdrawal are not eligible for any cashback, those made internationally will attract cashback as per the campaign’s cashback blueprint.
The rewards accrued during the credit card cashback campaign will be credited monthly, as per the usual rewards programme process.
The bank has invited customers to use their ila Blue or ila Switch credit card when shopping online in foreign currencies or while travelling internationally to make the most of the cashback campaign.
Those who do not yet hold one of ila Bank’s credit cards can apply at the click of a button on the ila app to enjoy the benefits.
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