UOB VISA INFINITE METAL CARD NEWLY LAUNCHED, TARGETING THE STRONG GROWTH IN THE NUMBER OF AFFLUENT MALAYSIANS UP TO 20% PER ANNUM.

Published by Lavinesh @ 01/02/2019

The new UOB Visa Infinite Metal Card, launched by United Overseas Bank (Malaysia) Bhd (UOB Malaysia), is a credit card offering travel-related rewards and benefits to meet the exacting luxury travel needs and expectations of its affluent customers. The card, which is available to customers on an invitation-only basis, is launched in partnership with global payments technology company Visa. In moulding the UOB Visa Infinite Card from bronze metal, UOB Malaysia offers customers a card that is durable and unique.

According to UOB Malaysia’s data, travel-related expenditure among affluent cardholders has grown by 35 percent since 2016. In 2018 alone, affluent cardholders spent RM205 million on travel-related products and services, a 23 percent increase from the previous year. 20 percent of cardholders’ total credit card billings were charged in foreign countries in 2018, further affirming that Malaysian cardholders are using their credit cards overseas.

Given the increasing travel-spend of its affluent cardholders, UOB Malaysia has designed a card especially for those who crave convenience and comfort when they travel. Benefits of the UOB Visa Infinite Metal Card include first-class travel privileges, a competitive air miles redemption programme, accelerated reward points for overseas spend and a 24-hour worldwide concierge service.

“To support our affluent customers’ lifestyle choices more specifically, and to enhance the luxury travel needs of our customers, we partnered with Visa to design a credit card that goes beyond the Visa Infinite rewards program, the UOB Visa Infinite Metal Card has been created with the affluent frequent flyer in mind,” said Ronnie Lim, Managing Director and Country Head of Personal Financial Services of UOB Malaysia.

Ng Kong Boon, Visa Country Manager for Malaysia, said, “We are extremely excited to partner UOB Malaysia to introduce the UOB Visa Infinite Metal Card. Today, we continue to see strong growth in the number of affluent Malaysians at close to 20 percent year-on-year. We believe it is important to provide affluent cardholders a product that tailors to their premium travel and lifestyle requirements.”

For more information on the UOB Visa Infinite Metal Card, please log on to www.uob.com.my.

From left to right : Ms Sue Wong, Executive Director and Head of Cards and Payment Products, Personal Financial Services, UOB Malaysia; Mr Ronnie Lim, Managing Director and Country Head of Personal Financial Services, UOB Malaysia and Mr Ng Kong Boon, Visa Country Manager for Malaysia.