Nabil Bank brings out Nabil Visa Cash Back Scheme; customers eligible to receive upto 20% cash back while using Nabil cards
Nabil Bank has announced the launch of Nabil Visa Cash Back Scheme-Phase II aimed to its Visa Cardholders. The Scheme is designed into two segments i.e. 10% and 20% cash back scheme as detailed below.
- 10% Cash Back Scheme: Under this scheme, any Nabil Bank Visa cardholder (debit/credit/pre-paid) will get cash back of 10% or maximum of NPR 300 on every successful usages of his/her card in POS transactions made within Nepal during the scheme period.
- 20% Cash Back Scheme: Under this scheme, any Nabil Bank Visa cardholder (debit/credit/pre-paid) will get cash back of 20% or maximum of NPR 600 on every successful usage of his/her card transactions in e-commerce sites within Nepal during the scheme period.
In both the schemes, there will be no restrictions of minimum purchase amount. Cash back amount earned by each cardholder shall be deposited to their account (in case of debit card) or credit/pre-paid card by next working day after verification and deducting applicable tax amount (TDS 15%).
The Scheme will remain valid from 1 September, 2018 to 15 September, 2018.
"I believe this campaign will enhance our cardholder's experience and encourage them to use the card more frequently for sales/e-com transaction and enjoy the convenience of electronic transaction. Diversion of customers from using cash as a mode of payment to card transaction more frequently will also help grow digital banking to the next level which is also in line with Government of Nepal and Nepal Rastra Bank’s objective", said CEO of Nabil Bank, Mr. Anil Keshary Shah.
Nabil Bank is a pioneering principal member of Visa International, MasterCard International and UnionPay International in Nepal and issues debit, pre-paid and credit cards and acquires card transactions through its ATM, Point of Sales (POS) & Electronic Payment Gateway network. Nabil is conducting this campaign in association with Visa International.
Nabil Bank has always been in the forefront in adopting new technology and introducing innovative products and services. With the launch of “Nabil Visa Cash Back Scheme-Phase II”, Nabil Bank's Visa cardholders will benefit immensely.
