Raiffeisen Bank
International has rolled out an all-in-one Visa branded credit card
and frequent flier card in cooperation with the airlines air Berlin
and flyNiki.

The Air Berlin and NIKI
Visa Card is linked to topbonus, the frequent flier programme of
the airlines.

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Cardholders will be able
to automatically earn reward miles both on flights and from
transactions with topbonus cooperation partners each time they make
a payment or withdraw money.

Gerald Kubu, head of the
Card Service department at Raiffeisen, said:

“We are offering a
credit, status and frequent flier card, as well as insurance
protection, all in one card.”

Raiffeisen said it was
awarded the cards deal following a competitive tender involving
Austria’s leading cards issuers.

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“We stood out among the
competitors thanks to our longstanding know-how in the area of
payment cards,” said Kabu.

Card insurance forms
part of the package and is being provided by Raiffeisen’s insurance
division, Raiffeisen Versicherung.

Insurance services
include global liability insurance for private and business-related
flights and luggage insurance up to € 4,200 ($6,700).

André Rahn, marketing
director of Air Berlin said:

“By using this credit
card to make purchases on airberlin.com and flyniki.com, customers
will be able to earn additional bonus miles as of 1
June.”

The joint venture
between Air Berlin – Germany’s second-largest airline and NIKI –
50.1% owned by former F1 world champion Niki Lauda – represents the
first European low-cost airline alliance.