MUSCAT - Bank Muscat, the flagship financial services provider in the Sultanate, has launched a rewarding cash-back campaign offering chances to win back up to RO 300 spent on purchases using Bank Muscat credit cards. The exciting cash-back campaign offers Bank Muscat credit cardholders numerous chances to win cash prizes in weekly draws to be conducted during the promotion period between 3 March and 2 June 2013.

In all, 12 weekly draws will be conducted in which 30 winners will be selected every week. During the campaign period, the more one spends on the card, the better the chances to win the cash rewards up to RO 300. The offer is valid for Bank Muscat credit card transactions only.

Said Al Badai, DGM – Branches, said: “Having created the best value proposition for Bank Muscat cardholders, the new cash-back campaign unfolds exciting rewards for them. The campaign is aimed at motivating a change in consumer behaviour that makes ‘payment by cards’ both a habit and a preference. Through weekly draws, the campaign offers a unique opportunity for Bank Muscat credit cardholders to win back up to RO 300 on purchases made using Bank Muscat cards.”

The mechanism for the draw is that for every transaction made using Bank Muscat credit cards, customers get a chance to participate in the weekly draw. Each transaction is equal to one chance, thus the more the card is used, the better the chances to win. All credit cardholders are automatically entered into the draw based on their transactions. The campaign concept is to reward Bank Muscat credit cardholders by giving them opportunities to win back cash spent on purchases using Bank Muscat credit cards.

Bank Muscat offers the widest range of cards with unique benefits. The bank encourages the use of cards which help individuals to discipline their spending and keep track of all transactions through electronic monthly statements.

Offering the best deals and rewards, Bank Muscat card campaigns are a big attraction with customers. Bank Muscat credit cards provide convenience and flexibility for customers in their day-to-day transactions at shopping malls, restaurants or holiday abroad. With an electronic chip, Bank Muscat has enhanced card security, providing maximum protection and peace of mind to all credit cardholders.

Cardholders get up to 52 days free credit period on transactions without any charges. Each month, cardholders receive electronic card statements which enable them to plan their payments on the due date. They can pay as little as 5 per cent of their outstanding balance every month and roll over the remaining balance. Or enjoy free credit facility and pay 100 per cent of their outstanding balance on the due date.