Perodua, Bank Rakyat Announce Credit Card-i
National carmaker Perodua has made an announcement, but it’s for something that’s not a car. In a strategic partnership with Bank Rakyat, the company announced the Credit Card-i, which is described as a credit card that is “specially designed to meet the needs of vehicle owners”. As such, the company says that it offers “exclusive […] The post Perodua, Bank Rakyat Announce Credit Card-i appeared…
National carmaker Perodua has partnered with Bank Rakyat to launch the Credit Card-i, a credit card tailored to the needs of vehicle owners. This new credit card offers exclusive benefits for automotive-related spending, with five times reward points being awarded for spending on fuel, electric vehicle charging, vehicle maintenance, and takaful protection purchases.
Cardholders will also enjoy complimentary takaful coverage for balances up to RM300,000, as well as RM1,000 in bereavement benefits. Additional perks include 0% overseas transaction fees and no annual fee. Points accumulated can be redeemed through Perodua's P-Circle mobile app. The credit card comes in two designs, inspired by the QV-E and TIRA characters from an animated film featured on Perodua's mobile app.
Perodua President and CEO Zainal Abidin Ahmad stated that this partnership is a significant milestone for the company, marking the first time they've collaborated with a banking institution to introduce a Credit Card-i. Bank Rakyat Group CEO Ahmad Shahril Mohd Shariff emphasized the strategic collaboration's role in building an ecosystem that provides customers with comprehensive value and rewards through the strengths of Islamic banking and the automotive industry.
Written by urgent.news from Lowyat.NET's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
