ABK Introduces the First Youth Prepaid Card in Collaboration with Mastercard and ISIC

1.12.2023

Al Ahli Bank of Kuwait has exclusively partnered with the International Student Identity Card (ISIC) and Mastercard to introduce the new ISIC Youth prepaid card for students. The launch of this card coincides with the upcoming high school graduations where it will be a valuable addition to students’ higher education journey.

Established in 1953, ISIC serves as the sole internationally recognized proof of student status, officially endorsed by UNESCO. The ISIC card unlocks a range of exclusive benefits designed to enhance student life.

What sets the ABK ISIC Youth card apart is that it not only serves as a prepaid card, but also doubles as a student ID for accessing university campuses. This innovative feature comes as a significant relief to students who carry multiple cards on a daily basis while traveling between classes and institutions.

According to Johair Marafi, Acting General Manager of Retail Banking at ABK, "We are delighted to introduce the ABK ISIC Youth card which offers students a range of benefits that make their lives easier and more affordable. As a bank, we are committed to providing youth with innovative products and services that cater to their specific needs. As such, the ABK ISIC Youth card demonstrates our ongoing efforts to deliver an unparalleled customer experience for students."

Michal Lezo, Managing Director of ISIC Middle East, commented, “We are delighted to announce our partnership with ABK which enables Kuwaiti students to enjoy the advantages of the ISIC card whenever traveling or in Kuwait."

The ABK ISIC Youth card provides students with access to special ISIC benefits, such as access to over 150,000 discounts across 130 countries. Furthermore, by using their ABK ISIC Youth card during their travels, students can explore the world without being too concerned about their budget with special flight offers on Emirates Airline as well as hotel accommodation with booking.com.

To top it all, the ABK ISIC Youth card provides students with a contactless payment option, ensuring both secure and convenient transactions. The prepaid card offers a safer alternative to carrying cash around and is simple to recharge at any ABK branch or via Online Banking. Students can therefore carry out all necessary transactions without risking the possibility of losing cash in the event of theft or misplacement.

Marafi concluded, "The introduction of the ABK ISIC Youth card endeavors to simplify students’ lives. By partnering with ISIC, we are providing access to a global network of benefits, ensuring that they have the support and convenience they need, both at home and overseas. Simply put, the ABK ISIC Youth card is a testament to our ongoing commitment to provide innovative solutions that meet the ever-evolving needs of youth."

ABK will start inviting youth to avail and apply for the ABK ISIC Youth card effective 9 July 2023 through the Bank’s branch network and official website.

Since its establishment in 1967, ABK has progressed to becoming one of the leading Kuwaiti banks in the region, known for offering a simpler banking experience. The Bank offers personal, corporate, and private banking which includes a wide array of products and services. ABK also provides a broad range of local, regional, and global investment solutions and services through its subsidiary, ABK Capital. Enjoying equal stability and strength, the Bank also offers the convenience of banking across the region, servicing other markets in Egypt and the UAE.