12.10.2021
Leading participation finance institution of Türkiye, Kuveyt Türk has become one of the official partners of Miles&Smiles with the agreement it has made with Turkish Airlines, the flag carrier of our country. In addition to the Miles&Smiles credit cards it will offer to its individual and corporate customers, Kuveyt Türk also launched a debit card that earns more Miles, breaking new ground in the sector. Kuveyt Türk aims to contribute to the transformation of every journey into a meaningful experience with the Miles&Smiles cards it will offer to its customers with the motto “Another experience, another you”.
Standing out with its innovative products and services, Kuveyt Türk broke new ground in the participation finance sector. Kuveyt Türk became the first participation finance institution to be included in the Miles&Smiles partnership with the agreement it made with Turkish Airlines and Mastercard. At the press conference held at Sabancı Museum The Seed, Kuveyt Türk General Manager Ufuk Uyan and Turkish Airlines Deputy General Manager Chief Marketing and Sales Officer Ahmet Olmuştur gave detailed information about the Miles&Smiles partnership.
Individual and corporate customers using Miles&Smiles Kuveyt Türk cards will earn Miles for their flights and shopping expenses with Turkish Airlines and program partner airlines. Miles&Smiles Kuveyt Türk customers, who will be able to buy 'reward tickets' to be used on flights of Turkish Airlines and program partner airlines with the Miles they have accumulated, and 'accompany tickets' that can be used on Turkish Airlines flights, will also be able to spend Miles at contracted program partners or benefit from free cabin upgrade service.
“We find the partnership meaningful in terms of the level reached by participation finance and Kuveyt Türk”
Speaking at the press conference, The CEO of Kuveyt Türk, Ufuk Uyan said, "As Türkiye's leading participation finance institution, we are happy to realize another first in the participation finance sector. This time, we carry our firsts to the aviation industry. Thanks to our cooperation with Turkish Airlines and Mastercard, we are happy to be one of the powerful players in the privileged world of Miles&Smiles and the first representative of the participation finance world. We find this partnership meaningful and valuable in the context of the stage reached by the participation finance industry and Kuveyt Türk. We wish that the agreement and cooperation will be beneficial for our country.”
“We are joining the Miles&Smiles partnership by breaking new ground”
Ufuk Uyan emphasized that with the Miles&Smiles Kuveyt Türk cards, which will be offered to individual and corporate customers, they aim to contribute to the transformation of every journey into a meaningful experience that leaves an impression, and said, “In addition to the Miles&Smiles credit cards that we will offer to our individual and corporate customers, we also prepared a debit card that earns miles, breaking new ground in the sector. With the Miles&Smiles Kuveyt Türk Business credit card that we will offer to our commercial customers, we also show our difference, and here we are breaking new ground in the sector. For the first time, commercial companies will be able to use our Miles&Smiles Business card as well as individual companies. In addition, our card will come to the fore with its Mil-earning structure with additional cards connected to the main card for the partners and employees of companies. With the campaigns we will organize, we will provide the most appropriate benefits to our customers' expectations and needs. We are happy to join the Miles&Smiles partnership by breaking new ground. I hope this partnership will bring a breath of fresh air to both the finance and aviation sectors.”.
“Our members will be very pleased with the new agreement”
Turkish Airlines Deputy General Manager Chief Marketing and Sales Officer Ahmet Olmuştur said, "As Turkish Airlines, we have been working to provide our passengers with a perfect travel experience along with safety and comfort in their travels, with the aim of doing better since the first day of our establishment. Miles&Smiles, our loyalty program that we launched in 1989, continues to grow today as one of the best in the world with its 13 million members, more than 200 program partners and the power of Star Alliance. We offer our Miles&Smiles members advantages not only during the flight, but at every moment of their lives. We earn Miles with privileges in 13 different sectors and welcome them back on our flights with award tickets. Today, we are pleased to announce the partnership of Miles&Smiles, the loyalty program of Türkiye's flag carrier airline Turkish Airlines, and Kuveyt Türk Participation Bank, Türkiye's leading participation finance institution. I believe that our members, who are common customers of both brands, will be very pleased with this agreement.”.
A first in the industry: Miles earning debit card
By issuing a debit card that earns Miles, a first in the sector, Kuveyt Türk will offer its debit card customers the opportunity to earn 10 percent more Miles than usual. Miles&Smiles Kuveyt Türk cards, which have a structure that allows customers to earn more Miles more easily, will be next to their customers with lounge services that make travel easier, free travel insurance and parking services, as well as interest-free installments to be offered later.
Business card can also be used by commercial companies
Kuveyt Türk is breaking new ground in the sector with the Miles&Smiles Kuveyt Türk Business credit card it will offer to its commercial customers. For the first time, commercial companies will be able to use the Miles&Smiles Kuveyt Türk Business card as well as individual companies. In addition, the card will come to the fore with its structure that earns miles with additional cards connected to the main card for the partners and employees of the companies. Thus, expenditures to be made on behalf of the company will be managed with additional cards and miles can be earned from expenditures made. Those who use the motherboard or additional card will be able to use the earned miles on their flights or other needs. The business credit card will draw attention with its high mileage earning rates, considering the daily needs of commercial customers in addition to their company expenses.
Detailed information may be found on the https://milesandsmiles.kuveytturk.com.tr
About Kuveyt Türk
The Company was established in 1989. Kuveyt Türk, offering its select set of financial products and services efficiently to the savings holders and investors, maintains its leading position in the sector with customer-oriented approach, techo-innovative activities and digital transformation efforts. The first bank launching the gold business, Kuveyt Türk has completed the first bank sukuk transaction of the sector in Europe and Türkiye. Established the first R&D Center in 2010 by a finance house in Türkiye, Kuveyt Türk is the only finance house that has two R&D centers in Türkiye. The R&D centers develops projects including XTM branch allowing for video-based self-service transactions, a first all over the world. Currently, Kuveyt Türk operates through its 434 branch offices throughout Türkiye as well as Bahrain branch office abroad and KT Bank AG, its subsidiary in Germany. Performing remarkable social responsibility projects by respecting the social values and protecting the cultural assets in addition to its operational activities, Kuveyt Türk has funded a large number of restoration projects and produced and published permanent works such as books and documentaries adopting the motto “We are growing with our values”.