Oman Arab Bank (OAB) has rolled out an exclusive credit card with zero interest and annual fees for frontline healthcare workers in the country.
The credit card, which was launched as part of the bank’s appreciation for the healthcare employees involved in the Covid-19 pandemic efforts, is being offered to government staff in hospitals and healthcare centres.
Additionally, the card offers double activation rewards along with exclusive insurance rates.
Omani healthcare workers will not need to transfer their salary to OAB while a one-month salary limit is set for the credit card.
Highlighting the importance of the launch of the credit card, Rashad Al Shaikh, acting head of Retail Banking Division at Oman Arab Bank, said: “The Coronavirus has had its toll on a majority of the population in the Sultanate.
“However, to mitigate its impact, there are several frontline healthcare workers that are performing their duties with dedication, saving lives and ensure everyone’s health and well-being. This new credit card is a unique offering, created specifically for them and providing incredible benefits.
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By GlobalData“They will also have their fees waivered for one year and can make use of our Easy Payment Plans service. On behalf of OAB, I would like to extend an immense thank you to each and every frontline worker for their staunch commitment to overcome these challenging times.”
In 2016, OAB selected SmartVista suite from BPC Banking Technologies, as part of its plan to boost its payment business.
The bank also launched a new smart commercial card the same year.