No transaction fee for life, unlimited cash back and 1000 gold rewards with VIB package

Vietnam International Bank (VIB) recently introduced two packages, Sapphire and Gold, with unparalleled benefits: no transaction fee, withdrawal fee, transaction account management fee, and International Debit Card (IDC) maintenance fee. Sapphire and Gold users will be waived all of these fees and also receive unlimited cash back of up to 2% for all IDC transactions.

Furthermore, VIB’s customers have the chance to win 1 gold reward for every VND 5 million in transaction account balance or in IDC transaction every month. There are 1,000 gold rewards available. These are the terms of the promotion program “Go with VIB” in effect between now and December 31, 2019.

Discussing the promotion and the two packages, Ms Tran Thu Huong, Head of Retail Banking at VIB, said, “To anticipate demand and pioneer cashless trends in Vietnam, VIB continues to develop and perfect means of cashless transaction such as transaction accounts, e-banking, and cards, in order to ensure unparalleled value in ease, convenience, speed, and security in every transaction. At the same time, we waive all transaction fees and withdrawal fees to assist customers with all of their transaction needs.”

The fee waiver for transaction fee, withdrawal fee, transaction account management fee, and IDC maintenance fee will apply automatically for the first 3 months since the customer is recognized as using the Sapphire package, defined as using all three services: a transaction account, e-banking, and IDC (*) within the duration of the promotion. The Gold package, defined as either a transaction account and e-banking, or a transaction account and IDC, customers are waived online transaction fee, account management fee and IDC maintenance fee for the first 3 months. After this period, these fees are waived for life if the customer satisfies a few requirements regarding account balance and IDC transaction.

At the same time, both Sapphire and Gold customers have the chance to enter a monthly lucky draw for 166 gold rewards, for a total of 1,000 gold rewards over the duration of the program. With every VND 5 million in account balance or in IDC transaction every month, customers will receive 01 draw. There are no limits to the number of draws permitted per person. Customers can enter themselves in the draw through an online portal at www.vib.com.vn within a month starting from the 5th of every month.

Besides the fee waiver and lucky draw, customers can receive unlimited cash back of up to 2% for all IDC transactions. This is the most attractive cashback rate on the market right now.

VIB’s Sapphire and Gold users will be waived all of these fees and also receive unlimited cash back of up to 2% for all IDC transactions

“This promotion is only one in a series of programs VIB initiated all over the country, with an aim to create more auspicious benefits and experience for customers and make VIB the best retail banking service for the millions of existing customers and new customers of VIB,” Ms Tran Thu Huong said of VIB’s long-term goal.

With the goal of becoming a modern back, VIB also provides customers with an easy and safe solution for financial management with Internet banking and the mobile app MyVIB. Customers with a transaction account can easily transfer money, even between banks, free within one minute, manage their accounts, open a savings account online, or pay electrical, water, phone, and insurance bills at any time and any place. The mobile app MyVIB helped VIB become the only bank in Vietnam to win the awards “Digital bank of the year” and “Best digital retail banking experience” from The Assets Triple A for three years in a row – 2016, 2017, and 2018.

Customers can visit www.vib.com.vn, call 18008180, visit VIB’s facebook page at www.facebook.com/VIB.NHQT/ or visit the nearest VIB branch to learn more about the terms of this promotion.