COMBank launches Max Loyalty Rewards

Only scheme in the country to reward both credit and debit cardholders

The Commercial Bank of Ceylon has unveiled COMBANK Max Loyalty Rewards, offering loyalty benefits to both debit and credit cardholders for the first time in Sri Lanka, enabling cardholders of the bank to accumulate points whenever they use their cards to pay for purchases.

Offered in partnership with Infinia Services and Solutions, a leading UAE-based loyalty and payments solutions company, the loyalty scheme will award points on purchases in Sri Lanka and overseas, which at the point of redemption will be worth Rs. 1 each.

The bank said Platinum, Gold and Silver credit cardholders will receive one point for every Rs. 300 spent while debit cardholders will receive one point for every Rs. 500 spent.

The loyalty scheme will start from 1 November 2016 and the points will appear in the statements that reach customers from December onwards.  

The bank said that it had planned many exciting options for cardholders to redeem these accrued points, including at the world’s leading airlines, hotels and ecommerce sites and many merchant points in Sri Lanka.  

Commercial Bank’s credit and debit cardholders receive an array of exclusive discounts on dining and holiday accommodation several times a year under the bank’s ‘Dine & Smile’ and ‘Easy Vacations’ promotions with partner outlets. 

These discounts significantly enhance the benefits already offered by ‘Comdeals’ – a program which provides value addition to Commercial Bank cardholders through discounts at a number of major retail outlets in the country and 0% easy payment schemes for credit cardholders. Commercial Bank cardholders are also eligible to participate in global promotions carried out by Visa and MasterCard.