AmBank wins 2 Visa awards

These awards are testament to the performance of AmBank Visa cards which recorded significant growth  in spending, says AmBank’s Loo

By TMR

AMBANK (M) Bhd has recently won two awards by Visa Malaysia for “Highest Payment Volume (PV) Growth for eCommerce Spend” and “Highest Payment Volume Growth for Co-Brand Card”.

The bank’s MD for retail banking Aaron Loo said these awards are testament to the performance of AmBank Visa cards which recorded significant growth in spending.

“Since the launch of the AmBank BonusLink Visa credit card in March 2017, this co-brand card between AmBank, BonusLink and Visa has been very successful as evidenced by the sharp growth of its adoption and usage year on year,” Loo said in a statement yesterday.

“We will continue to focus on rewarding and engaging AmBank cardholders with card deals covering dining, shopping, travel, e-commerce and many more categories which are available at www.ambankspot.com, a one-stop shop for amazing AmBank card/-i deals.

“On top of that, our cardholders are actively engaged through our campaigns which offer attractive prizes,” he added.

AmBank started with only a handful of marketing partnerships with e-commerce brands back in 2017. Today, AmBank is collaborating with prominent e-commerce brands such as Agoda, dahmakan, Expedia, Hermo, Lazada, Shopee, Zalora and more, offering discounts of up to 50% for cardholders who make purchases online.

“To further assist our cardholders in making the most savings from online purchases, AmBank adopts programmatic marketing when communicating the e-commerce brands’ offers to its cardholders. We smartly target specific group of cardholders with relevant offers and ensure these offers are communicated to cardholders at the right time,” said Adrian Tan, head of cards and alternate financing, retail banking of AmBank.

BonusKad Loyalty Sdn Bhd CEO Melvin Ooi said the firm will continue its partnership with the bank in bringing more exclusive rewards, deals and offers to its members as well as values and insights to partners.

“We are extremely proud to be receiving such an important award from Visa. It is wonderful to receive recognition for a product that we have invested our time and effort in; making the AmBank BonusLink Visa Card an attractive proposition for all. I would like to thank AmBank and Visa for this great partnership,” Ooi said.

Cardholders of AmBank BonusLink Visa Credit Card get to enjoy 10 times BonusLink points at participating BonusLink partners such as Shell and Parkson; as well as dining, groceries, online and entertainment purchases for every RM20 spent. In addition, cardholders get to earn extra BonusLink points whenever they shop overseas with their card. From now until Dec 31, 2019, new cardholders who apply for any AmBank or AmBank Islamic Bhd credit card can earn up to RM500 cashback on their principal and supplementary card with a minimum spend of RM2,000.

AmBank is scheduled to launch the AmBank Visa Tokyo 2020 Cards Usage Campaign from Dec 15, 2019, till April 15, 2020, where AmBank Visa cardholders will stand a chance to win an all-expense paid trip and Business Class flight tickets to experience the Tokyo 2020 Olympic Games, in addition to other exciting prizes such as RM2,020 cashback, and the all-new Apple iPad. AmBank Visa cardholders will be in the running to win by spending a minimum of RM20 via PIN, Visa payWave (contactless), online and overseas spend transactions. For new AmBank Visa BonusLink Card approved during the campaign period, cardholders will also walk away with a limited edition Tokyo 2020 Olympic Games duffel bag, while stocks last.