Bank Nizwa Credit Card Holders Enjoy Zero Foreign Transaction Fees During Travel

Bank Nizwa, Oman’s leading Islamic Bank, is waiving the fees on foreign transactions (FX) for all of its credit card holders, which sees its customers avoid unnecessary holiday expenses for its customers. Bank Nizwa’s wide range of Shari’a-compliant credit cards has continued to experience solid growth across all segments. Following its successful launch last year, the summer holidays offer is enjoying more popularity this travel season. Available for Bank Nizwa credit card holders only, the offer is part of a growing list of exclusive benefits the bank is extending to its customers, free access to more than 1,000 airport lounges worldwide, complimentary takaful travel insurance cover, special discounts and enhanced security.

“Our customers are at the center of everything we do, with this offer, we aim to empower them to plan their spending while traveling in the best way possible,” said Arif Al Zaabi, Assistant General Manager Retail Banking. “Waiving the fees on foreign transactions and alleviating some of the costs associated with overseas credit card usage is part of our aim to always go the extra mile for our customers.”

Bank Nizwa offers the widest range of Shari’a-compliant and globally accepted credit cards in Oman; Basic, Standard, Gold and Platinum. Each card offers a set of unique privileges and benefits, including low monthly repayment options, supplementary cards for family members, cash withdrawal of up to 80% of credit limit, and 24-hour banking services, providing the highest levels of convenience, freedom and security.

The bank’s credit cards, like all of its products and services, are reviewed and approved by a dedicated team of Shari’a experts. As a result of its strict compliance with the principles of Islamic finance, the bank’s credit cards continue to be among its most successful products. Additionally, each card is supported with the latest technology of 3D Secure solution using One-Time-Passwords (OTP), adding an additional layer of security for online shoppers.