Launch of Sacombank Visa Platinum O₂ card promoting green consumption

20/12/2024

On 20/12/2024, Sacombank officially launched the Sacombank Visa Platinum O₂ international credit card (Visa O₂ card) - the first card in Vietnam made from recycled plastic derived from ocean waste. This initiative reflects a practical step toward supporting the Government’s Net Zero goal.

In addition to its unique material, the Visa O₂ card offers an innovative feature that displays the CO₂ emissions generated from each spending transaction. This data, provided in transaction notifications and monthly statements, allows cardholders to adjust their purchasing habits to be more environmentally friendly while confidently contributing to a sustainable green future. The card also offers a cashback benefit of 10%, up to VND 300,000 per statement period, for purchases made at Xanh SM, Vinamilk, and Decathlon. 

The Visa O₂ card comes with the full suite of features expected from an international credit card, including  global travel insurance with coverage of up to VND 11.6 billion; interest-free purchases for up to 55 days; waived or reduced annual fees based on transaction volume; 0% installment plans anytime, anywhere; cash withdrawal of up to 90% of the credit limit; access to promotions and benefits from Visa and Sacombank, etc.

The introduction of the Visa O₂ card not only marks a significant milestone in card issuance, steering customers toward green consumption, but also underscores Sacombank’s unwavering commitment to promoting cashless payments, advancing its ESG strategy, and contributing to sustainable development for the community, environment, and society. 

Recently, Sacombank was honored with four prestigious awards from Visa, including “Leadership in Merchant Sales Volume 2024”, “Leadership in Credit Payment Volume 2024”, “Leadership in Authorization 2024”, and “Driving Business Card Usage Through Innovations 2024”. These accolades highlight the Bank’s pioneering efforts in digital payment trends and its ongoing journey to enhance the customer experience.