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Nairobi, 17 September 2024 … Absa Bank Kenya, in partnership with Visa, a global leader in digital payments, has introduced an exclusive Infinite Card, becoming the first bank in Kenya to launch the card in a metallic design. This innovation redefines the banking experience for the affluent.
The exclusive card blends functionality and sophistication to offer an elevated cardholder experience. Some of the benefits include unlimited access to over 1,200 airport lounges and 900 hotels worldwide, as well as 24-hour concierge services.
In addition, the card offers comprehensive travel insurance with a tripled coverage limit of $2.5 million (approximately KES 322.5 million), providing peace of mind for travellers. It also enhances buyer protection, doubling the limit from $10,000 to $20,000 (approximately KES 1.3 million to KES 2.6 million), and guarantees 1.5% rewards on both local and international purchases.
Speaking at the launch of the card, Absa Bank Kenya Managing Director Abdi Mohamed reaffirmed the Bank’s commitment to curating solutions tailored for every customer segment.
“Today, more than ever, customers and businesses demand flexibility, efficiency, and personalization in how they transact. As a business, we understand that we cannot afford to have an approach of a one-fits-all. Through our partnership with Visa, the Absa Visa Infinite Card strengthens our affluent portfolio by providing exclusive spending power, enhanced protection, and superior rewards.”
The metallic card differs from the plastic cards currently on the market, giving it a longer shelf life. The introduction of the new card is a step in achieving the Bank’s goal of becoming net zero by 2050. Furthermore, 0.05% of every on-flight ticket purchase made using the card goes toward supporting tree planting efforts.
Visa East Africa Vice President and General Manager, Chad Pollock highlighted that the card aims to exceed the expectations of its cardholders by providing unique privileges and global acceptance.
“At Visa, we are committed to innovation and excellence in providing our cardholders with unparalleled experiences. The launch of the Absa Visa Infinite Card in a metallic design is a testament to our dedication to meeting the evolving needs of our customers. This card offers exceptional benefits including global acceptance and opens doors to a world of exclusive experiences including private events and VIP access to special offers and unique opportunities, ” said Chad.
On her part, Absa’s Director Affluent Banking, Seema de Souza said, “Absa is well positioned to cater to the evolving needs of the affluent customers in Kenya; with our comprehensive wealth solutions and retail banking products, we are uniquely equipped to meet their personal and business financial requirements. This is complemented through our trained and dedicated relationship managers and digital solutions to make their banking experience more convenient.”
