Raiffeisenbank is launching a new co-branded credit card: Austrian Airlines — Raiffeisenbank MasterCard World Black Edition. The card will be offered as part of the Premium bundle.
Holders of the Austrian Airlines — Raiffeisenbank MasterCard World Black Edition will be able to accumulate bonus miles as they pay with the card. These miles can be turned into bonus flights for the holders, their family and friends with Austrian or other airlines participating in Miles&More (Lufthanza, Swiss International Air Lines, Lot Polish Airlines, Brussels Airlines); they can also upgrade their in-flight service and choose products and services from the Miles&More catalogue.
In addition, the customers will be given a free Priority Pass, which enables them to use business lounges in arports across the world, even with an economy class ticket.
For each 30 roubles spent the customer wins 1 mile. The card has a zero annual service fee and a 22% interest rate, with the credit limit of up to RUR 600 thousand.
As a nice bonus, each new card wins its holder a 10% discount on all published tariffs for purchase of Austrian flight tickets starting 1 July, 2011 and up to 30 June, 2012 in the company’s proprietary sales offices in Russia.
Austrian Airlines — Raiffeisenbank MasterCard World Black Edition has all advantages of premium credit cards issued by Raiffeisenbank. The card can be applied for in any branch of the bank as soon as the Premium bundle has been purchased.
For more details on ZAO Raiffeisenbank’s credit cards go to the Credit Cards section on the bank’s wesite.
Austrian is member of the international Lufthansa Group and Star Alliance. Famously an expert in the Central and Eastern Europe, Austrian offers direct flights from Vienna to 5 cities in Russia: Rostov-on-Don, Saint-Petersburg, Moscow, Sochi and Krasnodar. According to its summer schedule Austrian will operate 45 own services between Russia and Austria every week, and in partnership with Transaero and GTK Rossiya airlines the total number of Austrian flights to Russia will reach 55. www.austrian.com
ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 9th among the Russian banks in terms of assets, based on Q1 2011 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of private deposits and 8th with regard to consumer lending.
Raiffeisen Bank International AG regards both Austria, where it is a leading corporate and investment bank, and Central and Eastern Europe (CEE) as its home market. In CEE, RBI operates an extensive network of subsidiary banks, leasing companies and a range of other specialised financial service providers in 17 markets. Around 60,000 employees service about 14 million customers through around 3,000 business outlets, the great majority of which are located in CEE. RBI is the only Austrian bank with a presence in both the world’s financial centres and in Asia, the group’s further geographical area of focus. Raiffeisen Bank International is a fully-consolidated subsidiary of Raiffeisen Zentralbank Oesterreich AG (RZB). RZB indirectly owns around 78.5 per cent of the common stock, which is listed on the Vienna Stock Exchange; the remainder is in free float. RZB is the central institution of the Austrian Raiffeisen Banking Group, the country’s largest banking group, and serves as the group head office of the entire RZB Group, including RBI.