JCB International Co., Ltd. (JCBI), international operations subsidiary of JCB Co., Ltd., today announced that Takashimaya Company, Limited (Takashimaya) and the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) will start issuing JCB credit cards on July 30, 2016.
Takashimaya's new Ho Chi Minh City Takashimaya is located in the Saigon Centre shopping center, opening on July 30. Takashimaya has 19 department stores in Japan and one each in Singapore and Shanghai. Vietcombank is the largest bank in terms of card transaction amount in Vietnam. It has had an alliance with JCBI in merchant acquiring business since 1991 and has been issuing JCB cards since 2012.
Cardmembers receive points with purchases at shops and restaurants in Saigon Centre and all Takashimaya department stores including Singapore, Shanghai and Japan. Points can be redeemed for gift cards and other rewards.
Hideyuki Yamamoto, President of Takashimaya Viet Nam Ltd. stated, "On 30 July, Ho Chi Minh City Takashimaya will open the first Takashimaya department store in Vietnam. Ho Chi Minh City Takashimaya will provide attractive products and the best services, offering high quality life styles to customers. We are already issuing JCB brand cards in Japan, and we are excited to be able to do the same in Vietnam. Adding the JCB international card to our brand means that our customers can take advantages of JCB's wide acceptance and money saving privileges, enhancing the status of the card. We are confident that this contributes to our goal, providing the best services."
Kimihisa Imada, Deputy President of JCBI stated, "I am delighted to tie-up with such leading companies as Takashimaya and Vietcombank, who have long-term relationships with JCB. This new alliance will enable Takashimaya to improve customer services and Vietcombank and JCBI to promote shopping by cardmembers as well as expand the JCB cardmember base in Vietnam. JCB focuses on businesses in the ASEAN market just as Takashimaya does, and I am hoping to further strengthen our partnership to provide local customers with more services for their shopping."
- Card type: Credit Card (standard)
- Takashimaya point: 1.7% of shopping amount
- Saigon Centre shop point: 0.85% of shopping amount
- Points at other locations: 0.1% of shopping amount
- Annual fee: 100,000 dong
- Point Gift Card (reward)
Point Gift Card can be used at selected shops in Saigon Centre.
When cardmembers earn 200,000 points or more, they can receive a Bonus Point Gift Card worth 200,000 dong.
Note: Gift cards provided as rewards are available only in Vietnam.