AED 360,000 worth of cash back prizes distributed in first two draws of Emirates NBD Swipe2Win campaign

Emirates NBD, a leading bank in the region, announced today that 390 lucky cardholders had received AED 360,000 worth of prizes as cash back, and iPads worth AED 60,000, in the first two draws of its festive SWIPE2WIN campaign.
“There has been a tremendous response from Emirates NBD cardholders to this innovative campaign,” said R Sivaram, Senior Vice president and Cards Business Head, Emirates NBD. “Holiday and travel spend is generally on the increase during this season with Christmas, end-of-year, New Year and DSF promotions. Emirates NBD’s Swipe2Win initiative has leveraged the festive season sales and discounts, by encouraging people to use their cards instead of spending through cash.”
The campaign that was launched on December 6, 2012, offers hourly prizes to customers each time they use their credit card. Credit cardholders who make a transaction between 12am and 12pm will get the opportunity to win AED 1,000 every hour, while the highest spending cardholder each day will win an iPad. A total of 800 prizes, including a Grand Prize of 1kg of gold, can be won until the campaign finishes on February 5, 2013.
Hourly prize winners are chosen based on a lucky draw of card spend of over AED 100 in a particular hour. Every AED 100 spent will entitle the customer to an additional entry into the draw. The daily winner for an iPad will be selected on the basis of the highest cumulative spends during that day, including in-store, online and international transactions.
The mega prize of 1 kg gold will be announced at the end of the promotion period. The winner will be selected on the basis of a minimum cumulative spend of AED 20,000 during the promotion period. Every additional AED 20,000 spend will qualify customers for an additional entry into the draw.
Background Information
Emirates NBD
Emirates NBD, the leading banking group in the region, was formed on 19 June 1963, when H.H. Late Sheikh Rashid bin Saeed Al Maktoum signed the Charter of Incorporation of the National Bank of Dubai (NBD) which became the first National Bank established in Dubai and the United Arab Emirates (UAE). With the blessings of H.H. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, NBD merged with Emirates Bank International (EBI) on 06 March 2007, to form Emirates NBD, the largest banking group in the region by assets. On 16 October 2007, the shares of Emirates NBD were officially listed on the Dubai Financial Market (DFM). The merger between EBI and NBD to create Emirates NBD, became a regional consolidation blueprint for the banking and finance sector as it combined the second and fourth largest banks in the UAE to form a banking champion capable of delivering enhanced value across corporate, retail, private, Islamic and investment banking throughout the region.