KCB, Mastercard unveil world elite credit card

By Peter Ochieng

The Kenya Commercial Bank (KCB) has partnered with global payments technology company, Mastercard, to roll out the world elite exclusive credit card.

It will offer premium and private banking customers a range of market-exclusive benefits, privileges and experiences.

According to a press release shared on Monday morning, the Mastercard branded cards will be available in two categories, including world elite KES credit, tailored for high-net-worth individuals who prefer transacting in Kenya Shillings (KES), and world elite USD credit, designed for frequent international transactions in United States Dollars (USD).

Additionally, the Bank has introduced the world debit card which will offer exclusive benefits and privileges, ensuring personalized and tailored banking options.

KCB Kenya Managing Director Annastacia Kimtai said:

"This exemplifies the bank’s commitment to innovation and giving its customers a delightful experience while fostering a robust cashless economy that benefits everyone. The cards set a new standard of excellence, providing unparalleled benefits and privileges that cater to the refined needs of our discerning clientele. We are confident that this offering will further elevate KCB Bank as the preferred choice for premium and private individuals seeking exceptional financial solutions.”

On the other hand, Shehryar Ali, Senior Vice President and Country Manager for East Africa and Indian Ocean Islands at Mastercard expressed his excitement about the partnership, and highlighted the opportunities it presents for the market.

“This partnership showcases our shared commitment to innovation and providing unparalleled financial solutions to customers in the Kenyan market. The exclusive world elite credit card combines the global expertise of Mastercard with KCB Bank's local market knowledge to deliver a truly remarkable banking experience. We are confident that this offering will exceed the expectations of customers in Kenya, providing them with unrivalled privileges and benefits giving them a truly priceless experience.”

The world elite credit cards come with enhanced daily and per transaction limits to improve the user experience and avoid any inconveniences for the clients.