NBO Customers Can Enjoy Lowest Rates When Using Prepaid Badeel Travel Card

Press release

Published April 11th, 2022 - 05:50 GMT

NBO Customers Can Enjoy Lowest Rates When Using Prepaid Badeel Travel Card

Customers can pay in Saudi Riyals and Emirati Dirhams when using the Badeel Prepaid Travel Card with just a 0.5% load fee, five-times lower than the market average

Highlights

National Bank of Oman (NBO) has added even more value to its Badeel Multicurrency Travel Card with the lowest markup in the market on transactions in Saudi Arabia and the UAE.

National Bank of Oman (NBO) has added even more value to its Badeel Multicurrency Travel Card with the lowest markup in the market on transactions in Saudi Arabia and the UAE. Customers can pay in Saudi Riyals and Emirati Dirhams when using the Badeel Prepaid Travel Card with just a 0.5% load fee, five-times lower than the market average, during the Holy Month of Ramadan and throughout the year.

Maha Al Raisi, Head of Product at NBO Retail Banking, said, “Whether performing Umrah, visiting friends and family or shopping for Eid Al-Fitr, customers can enjoy a hassle-free travel experience. We understand that customers will be travelling during this period, so we have reduced rates to be the lowest in the market and give customers added peace of mind. There is no need to carry cash, just simply use the award-winning NBO Mobile App or Badeel App and select the relevant currency to enjoy a flat rate without being impacted by currency fluctuations. The card is a safe, easy and cashless way to carry multiple currencies wherever you are in the world.”

NBO’s Badeel Multicurrency Travel Card is available in nine currencies, including US Dollars, Euros, British Pound Sterling, Swiss Francs, Thai Baht and Indian Rupee, alongside Omani Rials, Saudi Riyals and United Arab Emirates Dirhams. If the card has multiple currencies loaded, it will automatically recognize the native currency and apply NBO’s enhanced exchange rates and low transaction fee to all purchases.

The range of prepaid Badeel cards from NBO also offer customers exclusive bonuses, including access to a range of leisure, retail and hospitality experiences across the region courtesy of The Entertainer and Mastercard’s Priceless programme.

Badeel cards can be obtained instantly from self-service kiosks at Ghala Express Way, Al Mabellah Modern Oman Oil Station, NBO’s Main Branch in Al Athaiba and at NBO Al Khoudh.

More details about NBO’s range of products and services are available in-branch, online at www.nbo.om, through the Mobile App or by contacting the Call Centre on 24770000.

Background Information

National Bank of Oman

Founded in 1973, National Bank of Oman was the country’s first local bank, forging a rich history with Oman’s local businesses and its economy at large. Today, it is one of the largest banks in Oman, with a paid up capital of OMR (Omani Rials) 110.8 million (US$ 288 million) and a regulatory capital of OMR 377.8 million (US$ 981 million)*.