Dubai: GEMS Education and Emirates NBD have announced an option that will make it easier for parents to pay school tuition fees of their children.
The offer is available to GEMS schools’ parents who are Emirates NBD customers. Emirates NBD Plus Points vouchers can be redeemed at all GEMS Education schools in the UAE.
By becoming a redemption partner with Emirates NBD, GEMS Education has given parents the option of converting their Plus Points (Emirates NBD’s card loyalty programme) into cash for their school fees.
Introduced as a part of the GEMS Rewards Programme, parents can log onto Emirates NBD’s online or mobile banking platform, select ‘GEMS Education’ under the ‘Learning Institutes’ tab and redeem their points in multiples of 100, 300 or 500.
They will then receive a voucher, which will be accepted as payment towards their child’s tuition fees at GEMS Education schools in the UAE.
Dino Varkey, CEO of GEMS Education, said: “This partnership with Emirates NBD allows us to give our parents another way to pay fees — it gives them another currency. When we launched the GEMS Rewards programme, we wanted to explore multiple ways to help our families with the payment of their school fees, and this partnership provides that opportunity.”
Suvo Sarkar, Senior EVP – Head of Retail Banking and Wealth Management, Emirates NBD, said: “Education is a key expenditure category for parents and as the market leader in payments, the cards category, we continue to define new and convenient ways for customers to utilise their rewards. I am certain our partnership with the region’s largest educational group will immensely benefit our customers, reinforcing our ongoing commitment to add value to our customers’ lives.”
GEMS Education plans to launch more initiatives in the coming months under its Rewards programme.