MUSCAT, 30 July 2016 – Bank Muscat, the flagship financial services provider in the Sultanate, has evoked strong response to its 'Terhal' holiday finance package launched coinciding with the summer holidays. The first-of-its-kind holiday finance package in the Sultanate is in line with the bank's 'Let's Do More' vision aimed at providing a distinct banking experience to customers. Providing a boost to the tourism sector, 'Terhal' opens up the doors for avid travellers to explore exciting destinations around the world.
Targetting Oman's fast-growing tourism sector, with its high number of travellers during the summer holidays, 'Terhal' offers finance up to RO 10,000, at 3.5 per cent interest rate, repayable over 12 months. The add-on benefits for 'Terhal' customers include bank muscat Oman Air credit card plus a superior travel insurance package. The feature-packed bank muscat Oman Air credit card offers a slew of benefits and rewards, including membership to the Sindbad Programme of Oman Air.
Notably, benefits accrue on all card transactions. For every RO 1 spent on the card, cardholders are rewarded with 2 Sindbad miles. The accumulated miles can be redeemed for flight tickets and upgrades on Oman Air. As a privileged cardholder, customers are entitled to earn and accumulate Sindbad miles on all card transactions and enjoy fast-tracking to Sindbad Silver Tier. The travel insurance package covers lost passport, flight postponement or cancellation, emergency medical expenses and services, personal incidents and lost luggage.
Offering a convenient holiday finance option, 'Terhal' comes in line with the bank's commitment to provide the best banking services and products to customers. The package adds value, ensuring a hassle-free holiday for customers.
Doing more is the forte of Bank Muscat - more for the economy and more for the community. The bank has incorporated sustainable best practices and is fully equipped to guide customers through all stages of banking life, whether it be savings, investments, financing or just reliable financial advice.