SABB and MasterCard Launch Traveler Rewards Program with Hassle-Free Cash Back Benefits

Saudi British Bank (SABB) and MasterCard today launched the MasterCard Traveler Rewards program (MTR), first of its kind across Middle East and Africa. The program aims to reward consumers when using their MasterCard credit cards while shopping at any of the participating merchants.

Through the MasterCard Traveler Rewards Program, SABB customers can now enjoy an enhanced shopping experience while travelling to the US – a preferred travel destination for KSA locals and residents. KSA shoppers using their MasterCard credit cards during their travel will receive cash back in the form of MasterCard Traveler Reward Dollars from select high end retailers including Lacoste, Michael Kors, Neiman Marcus, Saks Fifth Avenue, and Bergdorf Goodman to name a few. 

Girish Nanda, Area Head for Saudi Arabia, Bahrain and Yemen, MasterCard commented: “Following successful programs in other regions, we are delighted to extend the success of the MasterCard Traveler Rewards program (MTR) to Saudi Arabia.  Through our partnership with SABB we look forward to rewarding MasterCard cardholders for making simple, safe and rewarding purchases using their MasterCard credit cards.”

Naif Al Abdulkareem, General Manager – Retail Banking & Wealth Management, SABB added: “We are constantly working towards providing innovating solutions to our customers and are happy to partner with MasterCard to strengthen our propositions.”

The total cash back return, which is up to 20 per cent of any valid spending from participating merchants, will automatically reflect as credit on the billing statements of the MasterCard credit cards, eliminating the inconvenience of collecting coupons, vouchers or memorizing promotional codes. 

The MasterCard Traveler Rewards program is part of MasterCard’s ongoing commitment to providing cardholders with customized rewards, convenience, and lifestyle privileges.