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Russia’s Raiffeisen Travel Card: global debit card

Raiffeisenbank is offering the Raiffeisen Visa Travel co-branded debit card, available from March 4, 2013. Earlier, only Raiffeisen Visa Travel Card credit cards were offered.

Raiffeisen Visa Travel Card is a co-branded joint project by Raiffeisenbank and the on-line portal. Holders can get bonus Travel Miles when paying for purchases by card. Bonus miles can be exchanged for various travel services offered by website, such as air travel, hotels, car rentals, etc.

Now the demand for co-branded products for travellers is the highest; the turnover on traveller cards exceeds that on standard cards by around 40%. On the back of this, we extend the co-branded line for our debit Raiffeisen Visa Travel Card, said Alexei Kapustin, Head of Retail Products and Customer Relations at Raiffeisenbank.

Holders of the new card receive 1 Travel Mile for each 40 roubles spent on purchases, up to 7 miles for each 40 roubles spent on service bookings at, and 1 000 miles as a birthday present.

Cards are tied to Classic and Gold rouble accounts.

For more details, please visit Raiffeisenbanks official website.

ZAO Raiffeisenbank is a subsidiary of Raiffeisen Bank International AG. Raiffeisenbank ranks 12th among the Russian banks in terms of assets, based on 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 worlds financial centres and in Asia, the groups 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. RBIs shares are listed on the Vienna Stock Exchange. RZB is the central institution of the Austrian Raiffeisen Banking Group, the countrys largest banking group, and serves as the group head office of the entire RZB Group, including RBI.


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