Foreign lender Deutsche Bank today launched a loyalty programme through which account holders stand to get cash-backs into their bank accounts for conducting transactions.
Under ‘Express Rewards’, customers will earn reward points for conducting transactions like online utility bill payments, purchases made using debit cards and also auto debit transactions for home loan or personal loan EMIs, the bank said in a statement.
The reward points can be later redeemed into cash in the customer’s account, it added.
“This programme has been launched to encourage bank account usage, especially e-banking,” it said.
Customers will also be able to track, view and redeem their earned points, it said.