Dashen Bank Unveils Credit Facilities for Flights as Plane Ticket Prices Soar

Dashen Bank has launched a traveler’s club card, which allows for credit purchases of plane tickets and up to a 5pc discount on services for hotels, resorts, and affiliated market centers. The Bank made the announcement today at its headquarters in Addis Ababa’s financial district.

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As long as customers open a traveler’s club account that ranges from 500,000 birr to 2.5 million, they can access the preferential flight services in memberships ranging from regular to Platinum.

The Bank also availed another card dubbed ‘shoppers club’ which allows repeat customers to access discounts on their purchases with accounts opened for as little as 50,000 Br.
A 10 percent interest rate is paid on the first deposits placed in a blocked account to warrant membership status, according to the statement by the Bank.

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Dashen Bank and the Ethiopian Airlines Group had jointly announced the innovative service package dubbed ‘Fly Now Pay Later’ back in December. Discounts are expected to garner interest from frequent flyers following the recent hike in international plane tickets after Ethiopia floated its currency last week.