National Bank - Skroutz: One year of cooperation in payments, shopping rewards

Many thousands of consumers have already obtained the Skroutz Plus Mastercard, with the total benefit from rewards exceeding 100,000 euros.

National Bank - Skroutz: One year of cooperation in payments, shopping rewards

This article is an AI translation of an original piece published in Greek. Read original

More than 100,000 euros in rewards have been secured by holders of the Skroutz Plus Mastercard, the digital credit card created through the cooperation of the National Bank and Skroutz, which is completing one year of presence in the Greek market.

The results of the card’s first year in circulation were presented by the National Bank and Skroutz, confirming their leading position in banking innovation and the development of next-generation embedded finance solutions, according to the relevant announcement. 

It is characteristic that many thousands of consumers have already obtained the Skroutz Plus Mastercard, with the total benefit from rewards exceeding 100,000 euros.

This fact, as announced, reflects the momentum developed by the National Bank, which also holds a dominant position in the card market, with a share approaching 30%.

The General Manager of Retail Banking at National Bank Christina Theofilidi stated:

“The warm reception of the Skroutz Plus Mastercard by the market proves that the everyday reality of online shopping has changed. We combined digital banking with e-commerce and offered consumers exactly what they were asking for: maximum speed, security, and gain. This milestone is the foundation for continuing the development of solutions that offer immediate and substantial value to the customer”.

Also, for his part, Skroutz CFO Kostas Kontogiannis mentioned:

“One year after the launch of the Skroutz Plus Mastercard, we see in practice that a strategic partnership can translate into tangible value for the consumer. The card we created with the National Bank extends the benefits of the Skroutz Plus service to the way users make their purchases, combining flexibility, convenience, and meaningful rewards. The results of the first year show us that consumers have "embraced" it and encourage us to continue to develop Skroutz Plus with privileges that have real benefit in their daily lives”.

According to the announcement, cardholders enjoy a premium experience with the guarantee and reliability of National Bank, having at their disposal unique privileges:

  • 100% Digital issuance: Through National Bank’s Internet and Mobile Banking infrastructure, the application and approval are completed digitally in just a few minutes, without the need to visit a branch or issue a plastic card body.

  • Immediate use in Digital Wallets: The card is immediately integrated into Apple Pay and Google Wallet for secure transactions in physical and online stores.

  • Attractive rewards model: It secures 2.5% rewards for purchases on Skroutz and 0.5% for all other spending, with the reward amount being used for future purchases.

  • Comprehensive banking privileges: Option for interest-free installments, as well as free travel insurance.

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