Masraf Al Rayan and Qatar Airways Privilege Club have collaborated to launch co-branded credit cards, a statement said Sunday.
The cards are available in Visa Infinite and Visa Signature variants, and introduce an array of features for cardholders.
“This collaboration marks a significant milestone in redefining convenience, rewards, and travel experiences for our customers," said Omar al-Emadi, group chief business officer at Masraf Al Rayan.
Cardholders will earn one Avios for every QR4 spent on Visa Infinite card and for every QR5 spent on Visa Signature card.
Cardholders will earn two Avios for every QR4 spent on Visa Infinite card and for every QR5 spent on Visa Signature card for flight bookings on qatarairways.com or the Qatar Airways mobile app.
Cardholders can earn up to 50,000 bonus Avios by transferring their salary to Masraf Al Rayan and activating the co-branded credit card. Cardholders can earn up to 10,000 bonus Avios upon booking their first flight with Qatar Airways.
Cardholders can earn up to 25,000 bonus Avios based on meeting an annual spend threshold.
Cardholders have the opportunity to fast-track their membership tier with Qatar Airways Privilege Club to Gold and Silver tiers for Visa Infinite and Visa Signature cards, respectively.
This benefit can be activated by spending QR14,000 and QR7,000 in the first year with qatarairways.com or the Qatar Airways mobile app for Visa Infinite and Visa Signature variants respectively.
The first 300 customers who sign-up for the co-branded credit card in the first three months of launch can earn up to an additional 40,000 bonus Avios.
Ehab Amin, senior vice president - Qatar at Qatar Airways, said: "We are delighted to announce the introduction of new co-branded credit cards with, Masraf Al Rayan, one of the leading financial institutions in Qatar," he said.
Shashank Singh, Visa vice president and general manager for Qatar and Kuwait, said the co-branded credit cards bring an enhanced proposition matching cardholders’ travel and lifestyle needs while offering access to more than 100mn merchant partners worldwide.