Established on September 18th, 1996, Vietnam International Bank (VIB) is one of the leading banks in the country in terms of credit cards. it was due to the bank’s monumental effort that helped establish Vietnam as the first country in Southeast Asia to issue a card line that integrates credit cards and payment cards features. Simultaneously, VIB has also successfully applied technologies such as artificial intelligence (AI) and Big Data to digitise 100 percent of the credit limit approval and credit card issuing process. VIB’s continuous innovations and creations have proved the bank’s steadfastness in its commitment to a cashless and smarter lifestyle in Vietnam.
VIB is also one of the leading joint-stock banks in Vietnam. With the vision of being the most innovative and customer-centric bank, VIB has been leading the market in business segments including mortgage loans, auto loans, bancassurance and credit card. According to the bank, it has more than 10,000 employees serving nearly 3 million customers at 165 branches and transaction offices in 27 key provinces/ cities across Vietnam.
During the recently held International Finance Awards, VIB won in the “Best New Card Offering – VIB Online Plus – Vietnam 2021” and “Most Innovative New Credit Card Service – Vietnam 2021” categories. The bank was awarded for its continuous effort for innovation and pioneering in terms of card trends in the country.
The Best New Card Offering: The first card line that integrates credit cards and payment cards in South East Asia
Online Plus 2in1 is a card line that integrates credit cards and payment cards with incentives up to 43 million VND per year for transactions via Grab application. Online Plus 2in1 launching event was considered as a turning point in payment technology for users when all transactions can easily make with one card, one touch and one click. The card automatically connects to the system of major online shopping platforms to accumulate reward points and redeem promotional codes.
Earlier, VIB made a strong impression with its personalisation strategy with unique credit card lines. Typically, Online Plus refunds up to 6 percent of all online spending, Zero Interest Rate offers a lifetime interest-free, Rewards Unlimited collects 5 times more points for shopping needs. The bank has been one of the leading banks in the credit card market with an impressive number of cards issuing and transaction value.
The Most Innovative New Credit Card Service: Online registration for credit card within 30-45 minutes
Along with the launching event of Online Plus 2in1 card, VIB has accelerated the process of online credit limit approval and credit card issuing for all credit card lines. This helps customer approaching to credit card more safe and accessible than ever, especially during the challenging time due to the pandemic.
Presently, customer can easily register VIB credit card at their convenience and receive credit limit approval results up to VND 200 million after 15 -30 minutes. Just 5 seconds after that, customer can receive card information via Mobile Banking app MyVIB and start online payment right away.