HONG KONG, 24 July 2014 - FWD Hong Kong and Bank of Communications Co., Ltd. Hong Kong Branch (“Bank of Communications Hong Kong Branch”) join hands to launch the “Bank of Communications FWD Credit Card” (“co-branded card”), further strengthening the long-term strategic partnership of the two companies.
Both FWD Hong Kong and Bank of Communications Hong Kong Branch have established esteemed positions in their industries. With the joint efforts of the two active industry players, the co-branded card offers their customers a suite of innovative and tailor-made insurance offers and spending rewards.
Officiating at the card launching ceremony, David Wong, Chief Executive Officer, Hong Kong & Macau and Executive Vice President, Greater China of FWD, commented, “The Bank of Communications Hong Kong Branch has been an important partner of FWD Hong Kong for many years. Our long-term cooperation has achieved synergy benefiting both businesses’ growth.” Wong continued, “The launch of the co-branded card marks a milestone in our strategic partnership. FWD Hong Kong will leverage the well-established credit card services, branch network as well as the large customer base of Bank of Communications Hong Kong Branch, to bring a wide range of innovative insurance and financial planning products and services to the consumers. Customers who settle their FWD policy premiums with the co-branded card will be able to earn bonus points to enjoy cash rebates or mileage, further adding value and convenience to the customer experience.”
Ms. Nancy Chan, Deputy Chief Executive, Bank of Communications Hong Kong Branch, added, “We are pleased to have the co-branded card launched, and join hands with FWD Hong Kong to offer our customers integrated services of insurance and credit card.” Chan continued, “Co-branded cardholders can earn bonus points when they settle premiums through either insurance advisors or using Direct Debit Authorization service. Moreover, the co-branded card comes with a premium installment plan. While enjoying annual premium payment discounts and bonus points, cardholders can repay the premium in 12 months. With another key theme of healthcare, double bonus points will be rewarded for all spending at local hospitals, clinics and health check centres”.
Following the co-branded card project, further joint initiatives are ahead, such as the exclusive distribution of selected medical and critical illness insurance products, which will further enrich the selection of protection and financial planning products for the bank’s customers. FWD Hong Kong will also provide in-branch assistance at Bank of Communications Hong Kong Branch’s network.
Both FWD Hong Kong and Bank of Communications Hong Kong Branch aspire to bring to their customers new experiences with the co-branded card, providing multi-dimensional convenience in the lifestyle, healthcare, protection and financial planning aspects of customers’ daily lives.
To learn more about the co-branded card, please visit www.bankcomm.com.hk, or via FWD 24-hour Customer Service Hotline at (852) 3123 3123, Bank of Communications Hong Kong Branch Customer Service Hotline (852) 2239 5559 or Platinum Card Hotline (852) 2269 9888.