Vietnam International Bank (VIB) was named “Best New Card Offering – VIB Online Plus – Vietnam 2021” and “Most Innovative New Credit Card Service – Vietnam 2021” by International Finance magazine.
This is the recognition from international media for the effort of the bank in continuously innovating and pioneering in terms of Card trends in Vietnam.
According to International Finance magazine, VIB is one of the leading banks in terms of credit cards in Vietnam. The magazine praises that VIB’s effort has made Vietnam the first country in Southeast Asia to issue a card line that integrates credit cards and payment cards features. Simultaneously, it is the bank’s success in applying AI and Big Data to digitize 100% of the credit limit approval and credit card issuing process. VIB’s continuous innovations and creations has proved the bank’s steadfastness in its commitment to a cashless and smarter lifestyle in Vietnam.
The Best New Card Offering
Online Plus 2in1 is a card line that integrates credit cards and payment cards with incentives up to 43 million VND per year for transactions via Grab application. Online Plus 2in1 launching event was considered as a turning point in payment technology for users when all transactions can easily make with one card, one touch and one click. The card automatically connects to the system of major online shopping platforms to accumulate reward points and redeem promotional codes.
Earlier, VIB made a strong impression with its personalization strategy with unique credit card lines. Typically, Online Plus refunds up to 6% of all online spending, Zero Interest Rate offers a lifetime interest-free, Rewards Unlimited collects 5 times more points for shopping needs. The bank has been one of the leading banks in the credit card market with an impressive number of card issuing and transaction value.
The Most Innovative New Credit Card Service: Online registration for credit card within 30-45 minutes
Along with the launching event of Online Plus 2in1 card, VIB has accelerated the process of online credit limit approval and credit card issuing for all credit card lines. This helps customer approaching to credit card more safe and accessible than ever, especially during the challenging time due to the pandemic.
Presently, customer can easily register VIB credit card at their convenience with a few simple steps by click here, choose the right card for you and click “Apply now”, fill the form that takes 3-5 minutes and receive credit limit approval results up to VND 200 million after 15 -30 minutes. Just 5 seconds after that, customer can receive card information via Mobile Banking app MyVIB and start online payment right away.
Commitment to a cashless lifestyle in Vietnam
As a leading bank in the card trend, VIB commits to a cashless and smarter lifestyle in Vietnam. Following VIB in card strategy are the partners who leading in card issuance, payment technology, security and spending. These are Mastercard – one of the world’s leading card issuers, Trusting Social – the leading fintech company using Machine learning and AI technology in Vietnam, or leading e-commerce platforms in Vietnam and the region areas such as Grab, Shopee, Lazada, Tiki, etc.
“The awards from International Finance are the recognition of international media for VIB’s continuous innovation and creativity efforts over the past time. This September, VIB is cooperating with Visa to prepare for the launching of a new line of credit card specifically for small families. We believe that when this new line of cards is officially launched, it will be a prime example of the companionship of a leading global e-payment company and a leading card bank to bring richer financial solutions to the new generation families.” Said Ms. Tuong Nguyen – Head of VIB Card Center
International Finance is an international financial and banking magazine, headquartered in London with a history of more than 20 years of development. International Finance Awards are annual awards honoring financial institutions with outstanding achievements and development efforts in many fields around the world.