LPBank credit card - "Secret" to smart spending at the end of the year

The year-end shopping season is approaching, leading to increased consumer spending. In this context, credit cards are increasingly asserting their position as a modern, convenient payment tool and bringing many practical benefits. Grasping this trend, Loc Phat Bank Vietnam (LPBank) offers optimal financial solutions with outstanding incentives from international credit cards, helping customers fully enjoy the joy of year-end shopping while still controlling their budget well. Spend freely, get maximum cashback According to data from the Vietnam Card Association, as of June 2024, Vietnam had nearly 12 million credit cards in circulation. This number is expected to continue to increase rapidly in the last months of the year, due to the increasing popularity of non-cash payment methods, including payments via the Internet and mobile phones. Credit cards, especially international credit cards, are increasingly popular thanks to their convenience and easy access to credit. This is considered an effective and safe financial tool, suitable for the customer segment with average income, who have investment needs for life.

The promotion program "Spend freely, get maximum cashback" for LPBank international credit cardholders is offering a cashback rate of up to 20%.

The "buy now, pay later" (BNPL) trend is also booming in Vietnam. Visa's 2023 research shows that Vietnam leads Southeast Asia in the number of BNPL users, focusing on electronics, home appliances, fashion and healthcare. In addition, contactless payments are also increasingly popular with 88% of non-cash consumers choosing this form and 79% using their phones to scan QR codes to pay at stores. In order to meet consumers' shopping needs, especially in the current economic context, Loc Phat Bank Vietnam (LPBank) has launched many attractive incentive programs for credit cardholders, encouraging reasonable spending in all areas. Mr. Dang Cong Hoan, Director of LPBank Retail Banking, shared: "LPBank's goal is to bring customers the fastest, most convenient, economical and effective payment experience, especially in the current context of needing to balance spending. Spending programs via LPBank international credit cards (Visa, JCB, MasterCard) will accompany customers in all spending needs". Currently, the trend of refunding credit card holders is becoming more and more popular with many attractive programs. However, LPBank credit cards are standing out with outstanding advantages thanks to high refund rates and favorable participation conditions through the program " Spend freely - Maximum refund ". Accordingly, LPBank has a preferential program for credit cardholders from September 12, 2024 to December 13, 2024 with the following policy: When spending on LPBank credit cards, customers can get a refund of up to 20%, up to 5 million VND when making at least 5 valid transactions with a total spending of 25 million VND per transaction. The program is designed with 4 flexible refund levels, suitable for customers' diverse spending needs. Specifically, level 1 refunds 500 thousand VND for a total spending of 5 million VND/transaction; refund level 1.2 million VND/customer spending 10 million VND/transaction or refund 2.5 million VND for customers spending 15 million VND/transaction. Touch your card everywhere, save super good money

With just 1 touch, LPBank credit cardholders have the opportunity to save up to 45% on their bill when paying.

In addition to the attractive cashback program, customers also enjoy discounts of up to 45% when paying by LPBank credit card at thousands of payment acceptance points nationwide, regardless of online or offline payment. The promotion applies to a variety of fields, from shopping (deep discounts at Shopee, Uniqlo...), beauty - health care (50% - 70% discount on dental services, gym card discounts...), to culinary - travel (discounts at restaurants, hotels, car booking services, airline tickets...). With just 1 touch, any spending from now until the end of the year that is "scanned" by LPBank credit card, in accordance with the conditions of the program Tap card everywhere - Super savings will be refunded to customers. With outstanding promotions, LPBank international credit card is a "powerful assistant" to help customers optimize spending and fully enjoy the joy of shopping during the year-end holiday season./.

In recent years, LPBank has been known as one of the largest, most prestigious joint stock banks with strong growth rates. LPBank's success is not only measured by its scale and large network of more than 1,200 transaction points in 63 provinces and cities nationwide, but also clearly demonstrated through its impressive business results. At the end of the third quarter of 2024, LPBank's pre-tax profit reached VND 2,900 billion, with accumulated pre-tax profit for the first 9 months reaching VND 8,818 billion, an increase of 139% over the same period. To access effective, safe and flexible incentive programs anywhere, customers can contact LPBank's branches/transaction offices nationwide for support. Or contact the hotline: *8668 and 24/7 Customer Service Center: 1800 57 77 58/ 02462 668 668.

K.Oanh