Vietnam International Commercial Joint Stock Bank (VIB) last week launched a premium credit card - VIB World MasterCard.

The card provides special offers on dining, travelling, relaxing and shopping to cardholders who often go on business or travel aboard.

By now, banks in Viet Nam have introduced many kinds of credit cards designed to meet the needs of each group of customers, ranging from common consumers to businesspeople.

“VIB World MasterCard credit card has been designed for the convenience and benefits of cardholders, specifically those who often travel within the country or abroad, be it for personal or business reasons,” VIB said in a statement.

VIB World MasterCard cardholders can use a credit limit of up to VND1.2 billion (nearly US$53,000), with an interest rate of zero per cent within 55 days.

Cardholders can get many offers at airports, such as free services up to four times per year in more than 850 VIP lounges around the world, and save while purchasing products or services from more than 400 of VIB’s partners that have eateries, spas and shopping stores at airports.

To mark the launch of the credit card, the bank will give 140 Accor Plus membership cards to VIB World MasterCard cardholders with the highest value of monthly spending. With the Accor Plus card, travellers can avail a free night stay in one of the 700 hotels and resorts in 18 Asia-Pacific countries, including Viet Nam.

Seven trips to Singapore worth VND50 million each will also be gifted to cardholders who have the highest value of total monthly transactions. — VNS