This is a new turning point in the card market, turning a payment card that is only associated with a withdrawal function or basic payment, into a smart spending tool to help customers optimize benefits right from their payment account and on each daily transaction.
Ms. Tuong Nguyen, Deputy General Director of VIB, shared: User now is moving towards a new spending trend, balancing experience, lifestyle with effective personal financial management to achieve bigger goals. The launch of the international payment card set continues to affirm VIB's strategy of Leading the card trend. Not only stopping at the basic payment function, VIB's debit card lines bring outstanding refund value, diverse options for each customer group and easy to access. By maximizing benefits for customers right on their payment accounts, we hope to pioneer in the new spending trend of users.
Improving the payment card experience
While the market focuses on credit cards or QR codes, payment cards are less noticed and are often only associated with the need to manage and withdraw money at ATMs, making customers' choice for this card line quite limited. With the vision of "Leading the card trend", VIB not only affirms its position in the credit card segment but also raises the level of payment cards with the launch of a completely new product line, meeting the diverse needs of all customer segments:
Smart Card payment card - refund up to 5% when shopping online with unlimited access card opening privileges associated with many different payment sites.
Junior Smart Card - the first card line that children from 6 years old can own.
platinum payment card - refund up to 5% when making international transactions with the privilege of 2 free business lounge visits and an unlimited number of visits according to spending sales.
VIB Premier Signature and VIB Priority Signature payment cards - are a high-class card for the priority customer segment, providing outstanding privileges with a refund rate of up to 5% for the fields of food spending, Tourism and Shopping, along with 4 free visits to the business lounge each year and an unlimited number of times according to spending sales.
Each card line targets the specific spending needs and lifestyle of each customer segment, helping users optimize the benefits on the payment account without the need for income verification or complicated registration procedures.
Outstanding privileges with VIB payment card
With 5 separate card lines, the VIB international payment card set is a modern spending solution for all customer segments, from children, dynamic youth to high-end customers with many breakthrough advantages:
Credit card equivalent privileges: The refund rate is among the top in the market up to 5%, airport lounge benefits and other high-end incentives without having to prove income or wait for credit approval.
Competitive and flexible refund mechanism: If many other payment cards usually stipulate the minimum spending level to be able to receive preferential treatment for future spending, VIB's new international payment card will have the refund benefit directly linked to the customer's payment account balance. The larger the balance, the larger the refund rate, up to a maximum of 5%. Every transaction, no matter the smallest, is recorded and refunded, accumulating up to VND 900,000/month, equivalent to VND10.8 million/year, bringing practical benefits in each daily expenditure.
Resonance privileges: With an interesting spending management mechanism, customers can easily enjoy benefits from many other VIB products and services such as the Super Profit Suat account - 1 day also profits up to 4.3%/year, turning payment accounts into a dual profit center.
Integrating modern payment technology: VIB's payment card lines are all integrated with the most advanced payment technologies, allowing users to make convenient one-touch transactions via Apple Pay, Google Wallet, Samsung Pay, Garmin, or make quick QR code payments.
The complete piece of the personalized financial ecosystem of VIB
The launch of a new international payment card set not only brings an additional convenient product, but is also an important piece in VIB's personalized financial ecosystem. Accordingly, customers are able to optimize the benefits they receive, instead of just using each separate account or card.
For young customers who do not meet the conditions for opening credit cards or customers who do not need to use credit cards, international payment cards are the first door to experience the VIB ecosystem with a refund incentive that is among the top in the market without requiring a minimum spending level, high application capability when linked with e-wallets and international payment gateways, which QR code cannot do.
With existing payment cardholders, VIB has automatic upgrade and credit card giving programs that help customers have the option of "pre-spending, post-payment" with complete interest exemption up to 55-57 days and proactively transferring installments on the card for transactions with high value.
By flexibly combining payment cards with credit cards, Super Profit Suat accounts and other products such as Super Cash - 100% online flexible consumer credit loans up to 1 billion VND, customers can easily balance their spending, manage smart cash flow and fully exploit the privileges that the VIB ecosystem brings.
With the card opening process completely digitized on the MyVIB or Max Powered by VIB digital banking application, customers can immediately own a virtual card to spend after only 5 minutes of registration.
On the occasion of the launch, VIB launched an attractive promotion program: Free annual allowance for the first year for all new customers who are willing to spend from only 1 million VND and give away a free VIB Cashback credit card, doubling the benefits for users. Open your card to https://apps.apple.com/us/app/max/id6474231257?mt=8&pt=88E8Z3FQ5T&ct=invite+friends to experience and enjoy many attractive deals.
