Bankinter and RCI Banque Launch Visa Oro Renault and Dacia Cards
- Bankinter has just announced the launch of Renault and Dacia Visa Oro cards in partnership with Spain-based RCI Banque.
- These cards enable cash payments, deferred debit payments and credit instalments (the choice is made at the point of sale). They make it possible to store cash back, scalable according to the kind of purchase or selected payment option: for credit payments, the cardholder earns 3% cash back on their purchases and 6% for purchases made in the Renault network; for cash payments, they get 0.3% for their purchases and 3% for purchases made in the Renault network.
- This cash back is transferred when the customer pays with his Visa Oro card in Renault network. The card is free of charge and also fraud prevention SMS alerts are also proposed.
- Renault Visa cobranded payment card is also available in France, through cash back offers instead of the 5% reduction applied in Renault Minute workshops.
- The Spanish card interestingly proposes cash back rewards, particularly popular with cardholders. Not only does the scalable reward scheme encourage the users to make purchase in the Renault network, but it also encourages them to spend the money stored and doubles the granted cash back amount.
- Eventually, this cash back is only available when making purchases in the Renault network: yet another means to encourage the cardholder to purchase goods from their stores.