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Next Bank and EFG Hermes have launched a joint Visa credit card called EFG Hermes ONEx Bank NXT, following approval from the Central Bank of Egypt. The aim is to provide an integrated financial experience for clients of the EFG Hermes ONE platform. The card offers cashback rewards on transactions, which are deposited directly into digital wallets, allowing clients to utilize these rewards to grow their investments. Additionally, the card features perks such as complimentary access to airport lounges and installment plans of up to 60 months. This initiative is part of a strategy to expand investment solutions and simplify the customer experience, and it relies on the size of the investment portfolio and specific evaluation criteria.
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