El Al Launches Credit Cards

In addition, EL AL announced that it had signed a partnership deal with the YOU customer club
15.06.14 / 10:18
El Al Launches Credit Cards
15.06.14
El Al Launches Credit Cards

 

 

El Al Israel Airlines Ltd. announced that it had signed agreements with three local credit card companies to issue cards for members of the Matmid frequent flyers’ club.

 

Club members earn points on all EL AL flights (flights with the LY code), including flights with the EL AL subsidiary, Sun D'Or.

 

The number of points earned depends on the destination and the Class booked on the flight. According to the company's statement, the cards will carry preferential terms for redeeming points towards airline tickets.

 

The primary agreement is with Diners Club, which is owned by Cal-Israel Credit Cards Ltd. El Al said it will offer two types of credit cards - Bronze and Premium. The Bronze card will be issued by Diners, and the Premium cards will be issued by all the credit card companies: Isracard Ltd. will issue the card through American Express, and Cal through Leumi Card and Diners.

 

In addition, EL AL announced that it had signed a partnership deal with the YOU customer club, jointly owned by Alon Holdings Blue Square - Israel Ltd. and Dor Alon Energy in Israel (1988) Ltd. according to which holders of YOU cards, which are issued by Diners, will also be able to accrue Matmid frequent flyer points.

 

In 2013 El Al recorded revenues of 2.1 billion dollars and flew 2.2 million passengers. The Company serves 35 destinations around the globe and to many other destinations through cooperation agreements with other airlines. Today the Company operates 39 aircraft, of which 24 aircraft are owned. El Al is Israel's leading cargo carrier.