SCB Mastercard debit card launches 'Shop Your Way to an Exciting Japan Getaway' campaign with exclusive offers for foreign currency spenders

Stocks News Monday April 29, 2024 10:38 —PRESS RELEASE LOCAL

SCB Mastercard debit card launches 'Shop Your Way to an Exciting Japan Getaway' campaign with exclusive offers for foreign currency spenders

Siam Commercial Bank, in collaboration with Mastercard, has introduced an exciting campaign to reward cardholders for what they like to do most - traveling and spending abroad and online purchases from overseas merchants. Titled "Shop Your Way to an Exciting Japan Getaway," the campaign is offered to all SCB Mastercard debit cardholders. Participants stand a chance to win one of 20 Japan tour packages for two, total valued up to 5 million baht. To join, cardholders simply need to register through the SCB EASY app under the Easy Bonus menu, and spend in any foreign currency with their SCB Mastercard debit card from April 1, 2024 to July 31, 2024. The campaign was launched by Mr. Thanawatn Kittisuwan, First Executive Vice President, Digital Juristic and Payment, Siam Commercial Bank, and Mr. Jonathan Wood, Country Manager, Thailand and Myanmar, Mastercard.

Mr. Thanawatn Kittisuwan, First Executive Vice President, Digital Juristic and Payment at Siam Commercial Bank, said, "Our data reveals that Thais like to travel abroad. We have also observed that there is an increase in online purchases via e-commerce platforms using foreign currencies. During the first quarter of 2024, there was a 20% uptick in SCB Mastercard debit spending in foreign currency compared to 2023. This trend suggests that spending in foreign currencies is likely to continue to increase, leading us to collaborate with Mastercard to offer special privileges for all types of SCB Mastercard debit cardholders with the campaign 'Shop Your Way to an Exciting Japan Getaway.' With exclusive benefits, this initiative is designed to respond to the needs of modern lifestyles while encouraging the adoption of debit cards over cash in daily transactions in an increasingly cashless society."

Mr. Jonathan Wood, Country Manager for Thailand and Myanmar at Mastercard, said, "Insights from the Mastercard Economics Institute revealed that consumers in Asia Pacific remain eager to travel in 2024, and that consumer spending in Thailand is expected to increase as the economic ripple effects of the pandemic subside. At the same time, e-commerce transactions continue to grow in Thailand. With these in mind, this campaign with SCB is an excellent opportunity for cardholders to indulge in their passion for travel and shopping, while being rewarded for it. By providing cardholders with the chance to win a trip to Japan - a popular destination for Thai travelers - this campaign not only incentivizes overseas and e-commerce spend, but also drives the adoption of cashless payments, especially abroad. This initiative underscores Mastercard's commitment to bringing payment choices and rewarding benefits that meet the preferences of today's consumers."

Privileges for SCB Mastercard debit cardholders

  • Existing cardholders will receive one entry into the prize draw for every 1,000 baht spent using any foreign currency (excluding Thai baht) with their SCB Mastercard debit card.
  • Exclusive offer: New SCB Mastercard debit cardholders who successfully activate their card between April 1, 2024 and July 31, 2024 will receive one additional entry into the prize draw. (This offer applies only to individuals who have never owned an SCB Mastercard debit card before or who canceled their SCB Mastercard debit card at least 180 days prior to reapplying for a new card.)

To apply for the LET'S SCB debit card, go to SCB EASY application or any Siam Commercial Bank branch nationwide. For further information, contact the SCB Call Center at 02-777-7777 or visit www.scb.co.th for more details.

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