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Monday 15 July 2024

Housing Bank Launches 'Iskan Youth' Program for Ages 18-25

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Housing Bank launched the Iskan Youth program, designed for young adults between 18 and 25 years old. This program allows them to open bank accounts without a minimum deposit, and offers them an integrated set of exclusive products, services and benefits to meet the banking and financial needs of the younger generation. Accessible through the Iskan Mobile application, the program features an easy-to-use and customizable interface for a seamless banking experience anytime, anywhere.

Through Iskan Youth, the bank provides its young customers with a variety of services, including: CliQ instant payments, eFawateercom bill payments, QR Code payments, money requests through the app or CliQ, and bill splitting with Housing Bank customers in simple and quick steps.

The program offers its clients a debit card and a classic credit card with a unique design specific to Iskan Youth, in addition to the possibility of issuing the prepaid Iskan V-Card for internet purchases. Available also is the payment bracelet that allows its holder to make transactions at points of sale (POS) and ATMs that accept contactless payment, while benefiting from exemptions on various fees and commissions.

Housing Bank also gives Iskan Youth clients exclusive rewards with the Iskan Coins loyalty program, enabling them to earn points and exchange them for gifts and vouchers. Members can earn points by making purchases using their debit and credit cards, and by spinning a fortune wheel. In addition to being eligible to participate in prize draws for savings accounts, the bank offers its Iskan Youth users exclusive discounts at many merchants and enters them in prize draws for savings accounts.

A standout feature of the program is a budget planning tool that provides Iskan Youth clients with distinctive services to enhance their financial awareness and ability to manage their budgets. This tool enables them to manage their financial resources by determining their income and distributing expenses across multiple categories, which helps them spend and save effectively.

The launch of Iskan Youth reflects the bank’s commitment to develop special products that cater to the lifestyle of young adults, and help them manage their day-to-day finances better, making the most of their resources. The program allows them to complete many banking and financial transactions and enjoy a variety of benefits that match their interest with added value, all within a youthful and engaging digital experience.

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