Next Bank and EFG Hermes debut Egypt's first joint credit card

The NXT Bank and EFG Hermes have launched Egypt's first joint credit card, the EFG Hermes ONE x Bank NXT Visa credit card. This card features a unique benefit — linking daily spending to investments, allowing transaction cashback rebates to be directly transferred to investment accounts via the EFG Hermes ONE app. The card offers complimentary access to international airport lounges, installment plans of up to 60 months, and is targeted at eligible customers through the app. Credit limits are set based on the size of the customers' investment portfolios. This initiative represents a step forward in providing innovative financial solutions, highlighting the bank’s commitment to growing clients' investments through cash-back benefits that enhance personal financial management.

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