BMI Bank has announced the launch of a special promotion on its range of Visa credit cards.

It offers customers the opportunity to win four vacation packages in addition to cash prizes worth BD20,000. Starting this month, every BD50 spent using a BMI Bank Visa credit card entitles the customer to a single entry into the draw with prizes given away on a monthly basis.

The promotion, which runs from May until the end of this year, is open to both existing and new customers.

'In line with our commitment to consistently provide our customers with rewarding products and services, I am pleased to announce the launch of our new promotion offering them the opportunity to win fabulous vacation packages including a cruise and a European holiday as well as cash when they use their credit cards on ordinary purchases,' chief executive officer Jamal Al Hazeem said.

'As we look at the current market landscape and listen to what our customers tell us, we plan to continuously introduce bigger and better benefits for our customers throughout 2011 through product and service innovation.'

BMI Bank currently offers a classic and gold credit card as well as sapphire - a credit card for its premium banking customers. In addition to being free for life with no annual or renewal fees, the cards also offer up to two per cent cash back over the first three months from the date of activation.

The bank's La Carte credit card co-branded with Geant Hypermarket Bahrain, offers customers exclusive discounts, an instalment option of up to 18 months and loyalty points when items are purchased from Geant hypermarket, Le Marche and Last Chance supermarkets in Bahrain.-TradeArabia News Service