Jordan-based financial institution INVESTBANK has partnered with ATICO Fakhreldin Group, a Jordanian multi-service hospitality management firm, to create a new co-branded dual functional card.

Cardholders using the new INVESTBANK Platinum, ATICO Jewels credit card will be able to get instant financial access and loyalty points (ATICO Jewels), and will be relieved from the hassle of carrying multiple cards in the wallet, reported Zawya.

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The card can be used for the three ATICO Jewels categories, namely Baguette, Marquise and Brilliant, allowing cardholders to collect and redeem points (ATICO Jewels) in any outlet of the ATICO Fakhreldin Group.

Cardholders can also secure other benefits and advantages across the globe, and a 1% cash back on local and international purchases.

INVESTBANK CEO Muntaser Dawwas said: "We are proud to be the first financial institution in Jordan to provide the hospitality industry a stepping stone to providing value add services to their users."

ATICO Fakhreldin Group COO Azzam Fakhriddin added: "With this new agreement, we are pioneers in providing our customers with credit cards for our loyalty program members. This will enable our members to enjoy a unique experience and will entitle them to use their ATICO Jewels cards not only at ATICO Fakhreldin Group outlets, but also to use them all over the world."