PR Newswire: news distribution, targeting and monitoring
Home Page > News Releases > APAC

FE CREDIT Cards and Grab Launch a New Offer in Vietnam to Promote Cashless Transactions

2017-07-12 10:37

HO CHI MINH CITY, Vietnam, July 12, 2017 /PRNewswire/ --

VPBank Finance Company Limited (FE CREDIT), one of the largest credit card issuers in Vietnam focused on category entrants, has launched a new offer with Grab in Vietnam to promote cashless transactions.

FE CREDIT Cards and Grab launch an exclusive promotion in Vietnam
FE CREDIT Cards and Grab launch an exclusive promotion in Vietnam

All of FE CREDIT's cardholders now have to simply add their card as a funding source on GrabPay and get a whopping 8 free rides on GrabCar, GrabCar 7 Seater or GrabBike.

The process is very simple. Grab users have to just add their FE CREDIT PLUS+ or GOLD card on GrabPay and get 8 free rides by inputting the special promo code.

Launching on July 15th this offer is valid until August 14th and is exclusively for FE CREDIT cardholders.

Mr. Kalidas Ghose, CEO of FE CREDIT said "FE CREDIT is proud to partner with Grab to bring a fast and easy benefit for our valued cardholders. We look forward to many such initiatives with Grab in the future."

Mr. Nimish Dwivedi, Credit Card Business Director of FE CREDIT added "FE CREDIT has always endeavored to pioneer unique benefits aimed at attracting category entrants and enabling their cashless journey powered by our card. The Plus Card and the ready to use Instant Credit Card are examples of that. This offer with Grab is another initiative that provides a usage benefit and allows cardholders to go cashless."

Mr. Jerry Lim, Grab Vietnam's Country Head, said, "We are excited to partner with FE CREDIT and make it easier for their and our customers to pay and get rewarded when they travel with Grab."


A pioneer in Consumer Finance, FE CREDIT has established a solid foundation to become the market leader of the unsecured consumer loans market. FE CREDIT currently provides consumer lending services such as personal loans, two-wheeler loans, consumer durables loans and credit cards.

About Grab

Grab is Southeast Asia's leading ride-hailing and mobile payments platform. Grab solves critical transportation challenges to make transport freedom a reality for 620 million people in Southeast Asia. Grab's core product platform includes transport solutions for drivers and passengers with an emphasis on convenience, safety and reliability, and its proprietary mobile payments platform, GrabPay. Grab currently offers services in Singapore, Indonesia, Philippines, Malaysia, Thailand, Vietnam and Myanmar.

Media Contact:

FE CREDIT - VPBank Finance Company Limited 

Photo -

Source: VPBank Finance Company Limited

Featured Video

Recent Releases

Banking/Financial Service Recent Releases

Electronic Commerce Recent Releases

Internet Technology Recent Releases

Advanced Search
  1. Products & Services
  2. News Releases
  3. Knowledge Center
  4. Journalists & Media
  5. Multimedia Theater
  6. Contact Us