Stanbic Bank Kenya Partners with Mastercard to Launch Exclusive Credit Cards for High-Net-Worth Clients
Stanbic Bank Kenya and Mastercard have recently teamed up to launch a new line of credit cards tailored to the affluent segment of their clientele. This collaboration seeks to enhance the banking experience for high-net-worth individuals (HNWIs) through exclusive, luxury-focused financial solutions.
Operating under its Personal and Private Banking division, Stanbic Bank Kenya aims to deliver premium services that blend innovation with convenience.
The bank’s new credit card offerings, the Stanbic World Card and the Stanbic World Elite Card, promise a suite of elite benefits to elevate the lifestyle of its affluent clients.
These perks include access to airport lounges, 24/7 concierge services, premium memberships, and extensive discounts on travel and lifestyle services.
Equipped with the latest contactless payment technology and advanced fraud protection, these cards are designed to cater to clients’ security and convenience needs. The Stanbic World Elite Card, which is the first metallic credit card in East Africa, offers higher spending limits and exclusive benefits, positioning it as a top-tier option in the market.
Abraham Ongenge, Stanbic Bank’s Head of Personal & Private Banking, shared the bank’s commitment to offering premium, secure, and seamless services for its clients. “We believe that our clients deserve access to premium, secure, and seamless services, which is why we continue to design and introduce solutions that make it easier for them to transact, live, and work,” he said.
Shehryar Ali, Mastercard’s Senior Vice President & Country Manager for East Africa and Indian Ocean Islands, highlighted the partnership’s focus on delivering an unmatched banking experience.
“Our collaboration with Stanbic Bank aims to deliver exceptional banking experiences to the cardholders by blending comfort and luxury seamlessly,” Ali said. “The Mastercard World Elite Metal credit card will provide access to premier services and exclusive benefits, immersing clients in unparalleled luxury and elegance.”
The introduction of the Stanbic World Card and Stanbic World Elite Card marks a significant step in meeting the evolving needs of Kenya’s high-net-worth individuals, who increasingly seek financial products that align with their luxury-focused lifestyles.