Cairo, October 28, 2025 — Commercial International Bank (CIB), Egypt’s largest private sector bank, has partnered with talabat and Mastercard to launch a new co-branded credit card designed for Egypt’s digital-first consumers. The initiative aims to support Egypt’s transition to a cashless economy in line with Egypt Vision 2030, promoting secure, convenient, and rewarding digital payments.
Tailored for online food and grocery purchases, the CIB talabat Mastercard Credit Card offers monthly cashback of up to EGP 1,200, a one-time welcome bonus of up to EGP 2,000, and no delivery fees from selected vendors, alongside exclusive in-app discounts. Cardholders also earn 1% cashback on all other purchases, complemented by Mastercard Platinum benefits, providing value both within and beyond the talabat ecosystem.
Khaled Alfakesh, Chief Financial Officer at talabat, said: “Embedded finance is reshaping customer engagement. This partnership allows us to bring value to consumers beyond their orders, empowering them to enjoy tangible rewards in their daily spending.”
Mete Güney, Executive Vice President, Market Development, EEMEA at Mastercard, emphasized: “Our collaboration with CIB and talabat is another step forward in advancing Egypt’s digital economy under the Digital Egypt strategy. Together, we are expanding access to secure and inclusive payment solutions.”
Rashwan Hammady, Chief Retail, Commercial Banking & Financial Inclusion Executive at CIB, added: “This launch is not just about a card—it’s about transforming how people experience finance. We’re embedding innovation and accessibility into everyday life, empowering customers with convenience and control.”
The partnership reflects CIB’s, talabat’s, and Mastercard’s shared commitment to advancing Egypt’s digital transformation journey, encouraging the use of secure, digital-first financial solutions that align with national goals for financial inclusion and innovation.
