Ajman Bank, an award-winning financial services institution committed to transforming the experience of Islamic banking, today announced the launch of its new Roadmiles Credit Cards. Roadmiles, which is available with Classic, Premium, and Platinum Credit Cards, is the first loyalty programme in the UAE where points can be redeemed for fuel.

The Roadmiles programme is simple, clear and transparent. Ajman Bank Credit Cardholders earn one Roadmile for every dirham spent on their Card. Accumulated Roadmiles can be redeemed for Fuel Cards to be used for free fuel at petrol stations across the UAE.

Mohamed Amiri, Deputy Chief Executive Officer, Ajman Bank: “Ajman Bank continues to listen to its customers and develop products and services tailored to meet their financial needs. The Roadmiles range of Credit Cards is the next step in our journey to create a comprehensive suite of market-leading fully Sharia compliant retail banking products for our existing and new customers.”

Asad Batla, Group Head of Retail Banking, Ajman Bank, said: “The demand for Sharia compliant Credit Cards continues to increase in the region. Customers who settle their balance in full each month will not be subject to a monthly fee. Customers can withdraw up to 100 per cent of their limit in cash and have a grace period of up to 50 days. The Roadmiles range gives customers more flexibility in managing their finances, while rewarding their loyalty in a new and innovative way. With more than two and a half million cars on the UAE’s roads, the potential for this programme is enormous.”

Petrol prices in the UAE have increased by as much as 85 per cent in the past five years. Customers can offset some of this expense simply by using their Roadmiles Credit Card. With one road mile earned for every dirham spent, the fuel savings will quickly add up.

Ajman Bank plans to roll out the Roadmiles redemption programme at petrol stations across the GCC. Further details can be found at www.ajmanbank.ae

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