Wednesday, March 31, 2010

World Miles credit card launched by Deutsche Bank

Deutsche Bank World Miles Credit Card - Deutsche Bank announced the launch of World Miles Credit Card in India.
The credit card mainly created to cater to regular domestic and international travelers, will automatically enroll customers in a travel-focused loyalty program called 'WorldMiles' enabling them to earn and redeem miles across any airline in the world.
Launched in association with Loyalty Rewardz and Ezeego, the loyalty program 'WorldMiles' is an airline-independent frequent flyer program- the first of its kind in India.
Deutsche Bank World Miles Credit Card has been launched in two variants, viz. World Miles Signature Credit Card and World Miles Platinum Credit Card. World Miles Signature Credit Card offers 3 Spend Miles for every Rs 100 billed, while the World Miles Platinum Credit Card offers 2 Spend Miles for every Rs 100 billed on the card.
This unique program allows customers to earn miles in three forms: Flight miles, Spend Miles, and Partner Miles which accrue in one single account and can be used to redeem free airline tickets across any sector, domestic or international, and on any airline.
Shameek Bhargava, Managing Director, Head of Cards - Asia Pacific, Deutsche Bank said, "At Deutsche Bank we continuously innovate to enhance value for our customers through products which meet their needs, and seek to surpass expectations.
The World Miles card is one such offering which provides customers an opportunity to earn miles independent of any airline and also consolidate the accruals in one single account. The fact that it is airline independent also means that there is higher rate of accumulation which quickly leads to achieving redemption miles and thus, free airline tickets."
The credit cards also offer value additions like country-specific SIM cards for savings in international roaming charges from Matrix cellular Services, Airport lounge access and comprehensive international travel insurance.

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