RHB Launches TESCO-RHB Cards for the Benefits of All Malaysian Shoppers

In offering Malaysian consumers the fastest way to get more savings and benefits each time they shop, the RHB Banking Group, one of Malaysia’s leading financial services providers, retail industry player Tesco Stores (Malaysia) Sdn Bhd and the world’s largest retail electronic payments network, Visa have joined forces and launched two co-brand cards: the Tesco-RHB Credit Card and Tesco-RHB Debit Card.

The launch of these cards – at a time of escalating costs and cautious spending – plays an important role in helping customers trim their expenses and manage their spending more effectively.

Designed with the consumer in mind, the Tesco-RHB Credit and Debit Cards are ideal for people from all walks of life. The cards come with benefits that give shoppers more value at Tesco outlets and other establishments.

Speaking at the launch, Mr. Michael Barrett, Group Managing Director of the RHB Banking Group, said, “With the collaborative offering of the Tesco-RHB Credit and Debit Cards, customers will get more value and savings – it is a proposition that helps bring financial relief, particularly during these challenging times. In a nutshell, both Tesco-RHB Credit and Debit Cards are designed to help customers shop smarter”.

According to Mr. David Hobbs, Chief Operating Officer of Tesco Stores (Malaysia) Sdn Bhd, “We are the only hypermarket to run its own loyalty card (Clubcard) and today we are delighted to launch the Tesco-RHB credit and debit cards, giving customers up to 5% cash back plus double Clubcard points at Tesco as well as accumulating Clubcard points on all spending outside of Tesco”. Mr. Hobbs also added, “as of todate Tesco has a total of 2 million Tesco Clubcard holders,  which has given out more than 10 million points. With the anticipation of opening 4 more outlets, Tesco hopes to have a total of 2.5 milion Tesco Clubcard members”.

Meanwhile, Mr. Renzo Viegas of RHB Retail Head said,” This year, RHB Bank Berhad hopes to secure 250,000 new credit card customers by offering  more rewards and benefits to them”. Mr.Renzo also added,” RHB will always try to cater to all segments of the market so that everyone will benefit from the cards introduced by the company”. The launch of RHB-Tesco cards was graced by Dato’ Sharir Abdul Samad, Minister of Domestic Trade & Consumer Affair. Also present at the event were, Dato’ Seri Mohamed Abid, Chairman of Tesco Stores Malaysia, Dato’ Abdullah Mat Noh, Chairman of RHB Investment Bank and Director of RHB Bank Berhad, Mr. Stuart Tomlinson, Country Manager of Visa Malaysia, Mr. Paul Morris, Marketing Director of Tesco Malaysia and Mr. Sonii Hwang of Tesco.

Customers who apply for the Tesco-RHB Credit Card will get a 2% cash rebate and earn double Clubcard Points every day at all Tesco stores. On the last weekend of each month, they will enjoy a higher cash rebate of 5% as well as earning double Clubcard Points. These Clubcard Points will be converted to Clubcard cash vouchers which customers can use to offset their spending at Tesco. Additionally, with the credit card, customers can accumulate Clubcard Points anywhere and whenever they use it, be it for dining, shopping, travelling or petrol purchases.

The Tesco-RHB Debit Card provides the convenience of cash in a card, making it safer and more convenient for customers to shop. Applying for the debit card is also easy as there is no income requirement.

Every time customers spend with the Tesco-RHB Debit Card, they will collect up to five times as many Clubcard Points at Tesco stores. The debit card works just like the Tesco-RHB Visa Credit Card: customers can use it to earn Clubcard Points anywhere and any time, from restaurants to petrol stations.

Customers who wish to apply for the Tesco-RHB Credit and Debit Cards or get more information can go to any RHB Bank branch or Tesco store nationwide.

RHB Launches “Easy Makeover” Contest for all RHB Cardmembers

Following the recent successful response of RHB “That’s Easy” contest from the public, RHB Cards has introduced the latest RHB “Easy Makeover” contest to all new as well as existing RHB card members (Principal and Supplementary including RHB  prepaid and debit card members) at Saloma Restaurant.

Extending its effort to continuously rewarding its loyal customers with attractive prizes, this upcoming contest will be giving out a home, a car or a personal makeover worth up to RM10,000.

Speaking at the launch, Mr. Renzo Viegas , Head of Retail Banking Group, said, “…as we are entering festive season, we hope we could change the Malaysians lives with just a simple sms-ing RHB  cardnumber,  just 1 time registration for new card members, & each successful registration are eligible for 3 contest entries,  meanwhile, for those existing card members who spent every RM50 or more in 1 receipt (are eligible for 1 contest entry), and for every Approved Balance Transfer, card members are entitled for 2 contest entries…”. Also present at the launch were, Mr. Gan Kheng Chai, Senior Vice President & Head of Cards & Unsecured Business, RHB Banking Group and Puan Noraini Ibrahim, Regional Director-Central of RHB Banking Group.

Meanwhile, concurrent with the launch of  Easy Makeover contest, RHB Cards also presented its attractive prizes to “That’s Easy” contest winners.

Among other promotions, RHB Cards also organised a joint promotion with Guardian stores where RHB Card members get a 5% rebate on their purchases, a 5% rebate for petrol purchases made by using RHB Travel Money card and a joint promotion with Metrojaya which enable RHB cardmembers to receive Metrojaya vouchers for purchases made through RHB credit/debit card.

For more information on the contest, or to apply for a credit card, contact RHB PhoneBanking at 03-9206 8118 for Peninsular Malaysia, 082 276118 for Sabah & Sarawak or log on to www.rhbbank.com.my

RHB Banking Group Launches Cash-Connect and My Cash-i Debit MasterCard cards for Malaysians

RHB Banking Group has launched the Cash-Connect and My Cash-i Debit MasterCard in line with its commitment to promote simplified banking at The Ascott recently.

Claimed as the first debit cards in the world to bear the special mc2 design, the new RHB Cash-Connect and its sister card My Cash-i debit card are innovatively designed to provide as an alternative solution to help its user to manage money effectively, a convenience as well as a safety means to make payments and fund transactions.

Speaking at the launch, Group Managing Director, RHB Banking Group, Mr. Michael Barrett said, “With our 0.5% cash back feature, these two cards enable customers to benefit from their spending and manage funds effectively. It’s our way of thanking our customers for choosing to bank with RHB. The debit cards are effectively created as payment tools for monitoring and controlling household spending”. Also present at the momentous occasion were, Mr Renzo Viegas, Head of Retail Banking, RHB Banking Group, Mr. Gan Kheng Chai, Senior Vice President & Head of Cards & Unsecured Business, RHB Banking Group, Miss Angela Christine Tan, Head of Consumer Product Management, RHB Banking Group, and Mr. Ahmad Zaki, Senior Vice President & Head of International Business, RHB Banking Group.

Echoing Mr. Barrett sentiment at the launch, Vice President & Senior Country Manager, Malaysia & Brunei MasterCard Worldwide, Mr. Jim Cheah viewed that,”this collaboration between RHB & MasterCard will be welcomed by all Malaysian consumers. The migration to EMV chip tech will provide as a new platform to several innovatively card program and a convenience to consumers without worrying about safety. Its acceptance to 26 million outlets worldwide is an attractive features to catering well-being in reducing costs of handling cash and to enhance efficiency”. Mr. Cheah also added” the launch of the new debit cards also in line with the government’s call for the needs of deserving consumers to accelerate forward to create cashless and efficient society as well as enhancing banking existing portfolio”.

Meanwhile Mr. Barrett added,”As a special incentive during the introductory period, RHB will be providing RHB Cash-Connect customers with a high interest rate of 3% per annum for the first 3 months. For My Cash-i customers, they will enjoy easy access to the Global MasterCard Network via the RHB Wadiah Savings account. In addition, customers will have the opportunity to participate in the Deposit & Win contest which is available foe a limited time, and stand to win one of the three weekly prizes worth RM5,000 each“.

Meanwhile at the launch, Mr. Jim Cheah of MasterCard Worldwide presented the Prestigious MasterCard award to Mr. Michael Barrett of RHB Banking Group for introducing the world’s first multi-application EMV combi mc2 debit MasterCard card.

For more information on RHB Cash-Connect or My Cash-i debit programs, please call RHB Toll-free 1-800-888-SAVE (7283) or visit www.rhb.com.my or walk in to any RHB Bank/RHB Islamic branch nationwide

ETIQA Launches Comprehensive Package For SMEs/SMIs to Provide Immediate Coverage

Malayan Banking Berhad’s (Maybank) insurance and takaful arm, Etiqa, has recently launched the first of its kind comprehensive product, BizPac, in the Malaysian market. BizPac is introduced to capture the growing number of Small Medium Enterprises (SMEs) and Small Medium Industries (SMI) in the country and it is designed to assist proprietors to manage their business with confidence, as they are well protected in the event of unfortunate incidents.

Speaking at the launch, Executive Vice President for Etiqa Enterprise Corporate, Mr Shahrul Azuan Mohamed said, “according to Ministry of International Trade and Industry there are over 590,000 SMEs in Malaysia”. As a result, Mr. Shahrul viewed that “this is a huge market that Etiqa wants to tap together with Maybank to provide necessary protection towards the businesses as well as the interests of SMEs”. Mr. Shahrul also added, ” we provide real-time response which allows proprietors to assess their premium upfront using a single methodology (whereby premium is computed as a single sum, resulted less documentation)”. Also present at the launch were, Mr. Rozidin Masari, Senior Executive Vice President and Head of Business Banking, Maybank, Mr. Hugo van Vledder, Acting Chief Executive Officer of Etiqa and Mr. Amiruddin Abdul Halim, Deputy Chief Executive Officer of Etiqa.

BizPac, in using a proprietary single tool methodology to generate premium cost, is able to provide the customer with tailormade real time solutions, and it also give proprietors several options to choose different class of coverage that is best-suited to their company. With just a single premium scheme, SMEs/SMIs will be fully protected. BizPac also provide 10% cash advancements for claims exceeding RM50,000 due to fire, flood, burglary and accidental death after initial validation by an adjuster, which ables to ease proprietors’ burden.

BizPac will be distributed at 39 Maybank Business Centres throughout the country. For more information on Etiqa’s product, please visit Etiqa’s website at www.etiqa.com.my or contact Etiqa Oneline at 1300 13 8888

EON BANK Group’s Grand Draw, ‘Win-A-Jaguar’ With The Pavilion Card

EON Bank Pavilion Card “Win A Jaguar X-Type” is a contest jointly introduced by EON Bank Group with Pavilion Kuala Lumpur and MasterCard Worldwide. The well received contest(ran from 1 October 2007 to 31 March 2008, has attracted close to a total of 330,000 entries and a total of 166 monthly prizes have been given away to lucky winners over the past 6 months) was launched in line with the introduction of The Pavilion Card at the soft opening of Pavilion Kuala Lumpur in September 2007.

The contest which has proven to be a success with total retail spendings with The Pavilion Cards reaching more than RM30 million, has provided The Pavilion Card holders opportunities to win monthly exciting prizes and a chance to drive away a sleek and luxurious Jaguar X-Type worth RM288,888 in the Grand Prize. From the entries received, 10 finalists were short-listed and invited to attend the final challenge( which have 2 elimination rounds- Q&A session and a slogan composition) organised by EON Bank Group at Bintang Circle, Pavilion Kuala Lumpur.

EON Bank’s Group Chief Executive Officer, Mr Albert Lau said “The simple and easy approach in all contests organised by EON Bank Group is one of the many activities organised to reward their customers for their loyal and continuous support”.

RHB Launches Its New Logo

RHB unveiled its new logo at its RHB Centre, Jalan Tun Razak, Kuala Lumpur recently. It was officially launched by Minister of Finance II, Yang Berhormat Tan Sri Nor Mohamed Yakcop and the new logo symbolizes the Banking’s Group’s determination to be on right track in facing local and regional challenges in the progress of moving forward.

The new logo highlights the brand’s driving characteristics – modern and contemporary, confident and institutional, progressive and dynamic, fresh and vibrant. The primary color of Corporate Blue projects a stronger corporate commitment to new business approaches and symbolises the creation of a Banking Group that is committed to long-term sustainability. The color red signifies the heart of the Group’s workforce and the integral part, they will be playing in building the Group into becoming one of the top 3 financial services providers in Asean by 2020.

Dato Azlan Zainal, Chairman of RHB Bank Berhad and Director of RHB Capital Bhd said, the new corporate brand image and values, represent the group’s efforts to streamlined its core businesses and operational support in projecting the RHB brand as a single unified banking Group. Dato’ Azlan also voiced that the introduction of the new logo is seen as a Group Transformation which took place late last year. As a result, the group was streamlined into 4 main Strategic Business Units- Retail Banking, Islamic Banking, Corporate and Investment Banking and lastly, the International Banking unit.

Dato’ Azlan added , to compete with other market players, RHB must first obtain customers’ confidence by doubling it’s efforts to understand customers’ needs in order to grow along with them. In short, RHB is here to serve customers under one umbrella, that is why RHB feel its time to simply banking sytem.

For more information, log on to www.rhb.com.my