Morocco’s bank Credit Immobilier et Hotelier (CIH) has launched an international multiservice card designed specifically for women.
Available to CIH accountholders and spouses of bank customers, the new "Sayidati" international card allows cash withdrawal, international payment and standard operational services at ATMs and POS terminals across the globe.
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For the eager female shoppers, the card provides discounts on purchases made on several foreign websites. This is owed to a partnership with the French network Fabuleos, which boasts 700 partners.
The card is operational with all merchants, in and outside of Morocco, accepting MasterCard.
Potential Sayidati cardholders will be granted an annual travel-spend maximum of MAD 40,000 ($4,500) when buying from foreign merchants, and using ATMs abroad. Users will also be given an additional MAD 10,000 ($1,125) per year to buy foreign currencies on foreign sites.
In order to prevent fraud, the card comes with various security services. For instance, an SMS is automatically sent to the cardholder whenever an international e-commerce transaction is conducted via Sayidati, or whenever the password is changed via CIH ATMs.
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