BANGKOK, 17 May 2019: Siam Commercial Bank is partnering with the Mall Group and VISA to introduce the Scb M Visa Prepaid Tourist Card, a debit card that can be topped at any of the Mall service centres.
Siam Commercial Bank’s first executive vice president Jamaree Ketrakool said the new card would offer privileges tailored for foreign tourists visiting and shopping in Thailand.
The card is issued after an easy application process which only requires the applicant’s passport at the Emporium, the EmQuartier shopping malls, Paragon Department Store, or at SCB’s currency exchange kiosks at Don Muang Airport.
The debit card will be valid for five years after issuance, allowing cardholders to use the card every time they return to Thailand. The card has no fees and can be topped up at service centres inside in the Mall Group’s shopping malls.
Cardholders who have to worry about currency exchange rates as the top up and all shopping expenses are in Thai baht,
Members will also receive points and discounts provided by the Mall Group and other privileges from VISA in 200 countries worldwide.
The SCB aims to issue 50,000 cards and generate THB600 million in annual spending by visitors using this card.
The downside? The Mall Group is a mite short of shopping malls once you travel beyond Bangkok.