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Half a million roubles for Russia’s Raiffeisenbank Visa cardholders

Raiffeisenbank and Visa have announced the launch of their promotion for Visa Electron, Classic and Gold debit cardholders.

Cardholders who from February 1 to March 31, 2013 make the most purchases on their card (RUR 500 and over) can win a cash prize. The cardholder who makes the most purchases on his or her Raiffeisenbank Visa will win half a million roubles. The next 15 cardholders in terms of purchases made on their card will win RUR 50 000.

«The most popular promotions for cardholders are those in which a cash prize is offered (for example, it may involve money being paid back into the cardholders account or a cash prize). Since more than a third of all cardholders are interested in this type of bonus from their bank, we decided to hold this type of promotion,» said Alexey Kapustin, Head of Retail Products and Customer Relations at Raiffeisenbank.

To participate in the promotion, you need to connect to the Raiffeisenbank Visa SMS-notification service and text the word «VISA» to the short number 7243.

More detailed terms and conditions of the promotion can be found on the official Raiffeisenbank site.

ZAO Raiffeisenbank
is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 11th among the Russian banks in terms of assets, based on Q3 2012 results (Interfax-CEA). According to the same Interfax-CEA data, ZAO Raiffeisenbank ranked 5th in terms of liabilities of individuals and 10th with regard to consumer lending.

Raiffeisen Bank International AG (RBI) 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. 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. In total, around 61,000 employees service about 14.1 million customers through around 3,100 business outlets, the great majority of which are located in CEE. 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, the remainder is in free float. RBI’s shares are listed on the Vienna Stock Exchange. 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.


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