back Back

ila Bank collaborates with Gulf Air for customisable credit card rewards

By Delisha Fernandes

December 12, 2023

  • Bank Abc
  • Cashback
  • Credit Card

ila Bank, Gulf Air, Credit Card, digital mobile-only bank, Bank ABC, cashback, ila Rewards, Fintech news, Fintech Bahrainila Bank, a Bahrain-based digital mobile-only bank powered by Bank ABC, has partnered with Gulf Air to provide customers personalised rewards on their credit card spends.

The Bank’s new credit card rewards programme, ‘ila Rewards’, enables customers to choose their reward blueprint according to their preferences and priorities, thereby suiting their unique lifestyle needs. As part of ila Rewards, customers have the flexibility to choose how they want to be rewarded for their credit card purchases, from automated Airmiles program, automated cashback or collect ila Tokens.

Commenting on this partnership with Gulf Air, Mohamed Almaraj, ila Bank CEO, said, “We take great pride in pioneering this unique tailored rewards programme for our valued customers in Bahrain in partnership with the national carrier of the Kingdom of Bahrain, Gulf Air. With such flexibility of reward and redemption options offered under the Airmiles and ila Tokens programmes, ila Bank continues to deliver on its promise to take its customers ‘to’ their dream destinations.”

When enrolling with the Airline Miles Programme, all purchases are automatically converted into miles and credited into the customer’s Falconflyer Programme with Gulf Air. Customers who choose ila Tokens can keep collecting their ila Tokens and can choose to convert them to Gulf Air miles as and when they require. ila Tokens are valid for three years and offer the flexibility of choosing how many tokens are to be redeemed as miles.

Gulf Air Chief Executive Officer, Captain Waleed Al Alawi, said, “In line with our digital transformation strategy, we are continuing to adapt our Falconflyer program to meet members’ needs and exceed their expectations. We remain committed to providing a wide range of bespoke offers and redemption options that enhance the travel experience for all Falconflyer members and offering a more seamless experience for ila Bank credit card customers.”

Previous Article

December 12, 2023

Pidgin & MBS partner to enable real-time payments for community banks

Read More
Next Article

December 12, 2023

3 InsurTech companies simplifying health insurance in India

Read More

IBSi Daily News Analysis


February 23, 2024

Bank Abc

Regulated firms battle surge in financial crime attempts, research reveals

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 23, 2024

Vencora acquires CREALOGIX to expand its banking technology services

Read More

February 23, 2024

Axway to buy most of Sopra Banking Software activities for €330m

Read More

February 22, 2024

Kani Payments taps Pismo for data reconciliation and reporting

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q4 2023
Know More
Wealth Management & Private Banking Systems Report Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
Get your copy now! IBSi Sales League Table 2023