Bank Audi and Middle East Airlines have announced the launch of “The Corporate” Cedar Miles card designed for small business owners as well as big corporations’ owners and employees who frequently travel for business.
“The Corporate” Cedar Miles card is the only product in Lebanon that offers business owners and employees mutual benefits since it allows both parties to earn Cedar Miles on all business expenses made on the card. Half the accumulated miles will be credited to the company’s cedar miles account and the remaining half will be credited to the employee’s Cedar Miles account. This card also gives its holders access to over 500 VIP lounges around the world including the Cedar Lounge in Lebanon.
Mrs. Randa Bdeir, Group Head of e-Payment Solutions and Cards Services at Bank Audi, said: “We are delighted with this
to better serve the travel needs of small business owners and large corporations. With a generous value proposition and benefits exclusively designed to reward frequent business travelers, “The Corporate” Cedar Miles card will provide the latter with a unique combination of insurance, security and travel benefits.”
Mr. Chadi Abou Daher, Customer Services Director, MEA, said: “We believe there is no other product in the market that targets SMEs and corporations, and offers such high value and flexibility against using their Cedar Miles card on MEA and partner company flights.”
Mr. Ramzi Saboury, Visa Country Manager Lebanon, said: “T&E expenses account for 8-10% of total operating expenses and a lack of control and compliance is the biggest challenge faced by corporations globally. “The Corporate” Cedar Miles card from Bank Audi is designed to help companies streamline and effectively manage T&E and other business-related expenses, which will result in process and purchase savings.”
Benefits of “The Corporate” Cedar Miles Card
– Superior travel insurance covering up to USD 500,000 and purchase protection program covering up to USD 6,000.
– Global concierge services: around the clock assistance (restaurant recommendations and reservations, travel planning or business-related assistance…) with travel and business arrangements anywhere and anytime.
– Savings on hotel bookings thanks to the Hotel Club microsite, www.hotelclub.com/visa/business
– Corporate deals and offers: access to a world of amazing treats and exclusive offers and privileges thanks to the app available on App Store and Google Play.
Once again, the launch of this new card highlights the commitment and support of Bank Audi and MEA to the Lebanese private sector which plays a fundamental role in the booming of the Lebanese economy.