Siam Commercial Bank (SCB) and JCB International have rolled out the SCB JCB Platinum Credit Card in Thailand.

The new product can be used at the JCB acceptance network, which comprises approximately 30 million merchants across the globe.

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The credit card, which comes with no annual fee, will offer customers cashback of 3% without any minimum limit.

The bank’s cardholders will also receive free access to more than 73 airport lounges in Singapore, Korea, Japan, China, Hong Kong, Thailand and Vietnam.

The SCB JCB Platinum Credit Card also provides international traveling coverage of up to THB4.5m ($141,793) and medical insurance coverage of up to THB25,000 ($787) per session.

JCB International president and COO Kimihisa Imada was quoted by news agency ANI as saying: “Thailand’s economy has remained well…The partner this time, SCB, is a technologically advanced company. The credit card can be issued by SCB’s mobile app. It is very easy to send the application form and a lot faster than before.

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“In other words, the SCB JCB Platinum credit card is a digital credit card. I would like to expand more business with such Asian banks with superior technology.”

Imada added: “I am honoured to attend today’s fabulous launch ceremony of the ‘SCB and JCB platinum credit card’. JCB considers Thailand to be an extremely important market. We are confident that the issuance of the credit card will contribute to increasing its presence and make our businesses grow.”

Recently, Prime Bank partnered JCB to launch platinum credit card in Bangladesh.

In October last year, Vietnamese lender Nam A Commercial Joint Stock Bank launched JCB International’s card in the country.

JCB has over 117 million cards in circulation globally. Most of these cards are available in Japan, South Korea, Thailand, Taiwan, Vietnam and China.