Representatives of Citibank Vietnam, ACE Life Vietnam and MasterCard introduce the new co-branded credit card in HCMC last week - Photo: Le Toan

Citibank Vietnam and ACE Life Insurance Co., Ltd. (ACE Life Vietnam) last week announced their cooperation in launching Citibank ACE Life Platinum MasterCard Credit Card.

According to Vu Tuyet Van from Citibank, clients wanting to use the card need to have a monthly income of at least VND15 million. The card fee is VND1 million per year with a maximum credit limit of up to VND300 million per cardholder.

Which makes Citibank ACE Life Platinum MasterCard different from other credit cards is the integration of many new features, attractive rewards and exclusive privileges.

“In Vietnam, there are currently 40,000 credit card points of sales (POS) combined with privileges of Citibank such as restaurants, stores, commercial centers, medical clinics, hotels, tourist sites, golf courses, spas and hospitals,” Van said.

Citibank ACE Life Platinum MasterCard follows Citibank’s series of products for high-income clients. In addition to special privileges and incentives when shopping and making payments globally, clients can enjoy insurance packages of ACE Life.

This card also offers both cash back and reward point programs with a refund amounting to 5% of the insurance premiums.

Citibank ACE Life Platinum MasterCard is accepted at over 30 million merchant points and can be used to withdraw money at 1.8 million ATMs of Citibank and MasterCard worldwide. It also offers clients with thousands of privileges and incentives in over 30 countries.

According to Van, launched last December, the PremierMiles credit card has become the most successful product of Citibank. The bank has previously issued many other cards such as Cash Back, Ready Credit and Business Card.

The Saigon Times Daily