Techcombank launches Techcombank Visa Eco credit card.

(Dan Tri Newspaper) - Techcombank (Vietnam Technological and Commercial Bank) has launched Techcombank Visa Eco Credit (Eco credit card), featuring Visa's technology to measure greenhouse gas emissions on every payment and the option to offset emissions.

Alongside the Techcombank Visa Eco payment card, the launch of the Techcombank Visa Eco credit card completes the first pair of green payment and credit cards in Vietnam, affirming Techcombank's pioneering role in providing superior financial solutions to support customers' sustainable lifestyles and partnering with the Government to lead the country into an era of modernization, digitalization, greening, and sustainable development.

With its carbon footprint tracking feature on every purchase, the Techcombank Visa Eco card duo is not only a modern payment method but also a statement of a responsible generation, always aware of the environmental impact of each action and the role of each citizen in realizing Vietnam's Net Zero commitment by 2050.

In this context, the carbon footprint is the total amount of greenhouse gas emissions (primarily CO2, methane, and other gases) directly and indirectly emitted into the environment by an individual or organization through activities such as commuting, consuming clothing and food, manufacturing goods, and organizing events. By calculating and tracking their carbon footprint, individuals can better understand their own impact on climate change and find ways to effectively mitigate or offset it.

The Techcombank Visa Eco credit card is also a symbol of a modern and stylish lifestyle.

Ms. Nguyen Van Linh, Deputy Director of Retail Banking at Techcombank, stated: “In just six months, more than 626,000 Techcombank Visa Eco cardholders have offset 146,000 kg of CO2 emissions through reforestation and climate change mitigation projects.”

This is also the first Vietnamese product to be honored with the prestigious global ESG Business Awards 2024 for Sustainable Product Design. With the Techcombank Visa Eco credit card, the bank offers more payment options to serve and encourage responsible lifestyles in the community.

By tracking their carbon footprint, individuals become more aware of their own and their family's impact on the environment and take practical actions such as changing consumption habits or making tangible contributions. Techcombank's Eco cards help customers clearly see the difference they make with each transaction.”

Inheriting the superior features of its payment card version, the Techcombank Visa Eco credit card also applies technology and a conversion model based on the Visa Sustainability Index, estimating greenhouse gas emissions (CO₂e/Carbon) based on the sector and amount of each payment. Users can easily check their emissions in the Eco card management section of the Techcombank Mobile app.

Right within the card management section, customers can choose to offset these emissions by contributing to green projects and initiatives that help reduce emissions and protect the environment. These projects are selected by Techcombank and Visa, and their effectiveness will be verified by reputable international organizations on climate change and sustainable development such as Golden Standard.

For example, upon completing a ride and paying with a Techcombank Visa Eco credit card, the estimated CO₂ emissions based on distance and mode of transport will be displayed on a graph. With just a tap, the cardholder offsets these emissions by contributing to a renewable energy project, helping to combat climate change in Vietnam.

In addition, the "Green Living Points" feature helps customers track their own sustainable consumption behavior, compare it with the average data of the community using the Eco card duo, and spread the spirit of protecting the Earth.

More than just a financial product combining technology and environmental protection, the Techcombank Visa Eco credit card is also a symbol of a modern and stylish lifestyle. The card comes in two versions: a physical card made from recycled PVC with a design inspired by green living, and a non-physical version only displayed on the app.

Techcombank Visa Eco credit cardholders enjoy a lifetime annual fee waiver when choosing the virtual card version, and a free first year for customers using the physical card version. They also receive exclusive privileges from Techcombank Rewards, Techcombank Inspire, and green partners such as Xanh SM, Metro, and vegetarian/healthy restaurants on the GrabFood app, etc. The card integrates with e-wallets (Apple Pay, Google Pay, Samsung Pay) and supports cardless cash withdrawals at all Techcombank ATMs free of charge.

As one of the largest joint-stock banks in Vietnam and steadily expanding its presence regionally, Techcombank consistently affirms its leading role in implementing the Environmental, Social, and Governance (ESG) standards. Besides its governance framework that meets stringent global requirements, Techcombank's community activities have extended beyond national borders, including its participation in international marathon races.

For many years, the bank has partnered with domestic and international organizations to implement numerous environmental protection projects across Vietnam. Recently, Techcombank became a founding member of the Industrial Revolution 4.0 Center in Ho Chi Minh City, aiming to promote digital transformation and green transformation in the manufacturing sector. Techcombank has also implemented a series of solutions to support businesses in enhancing their ESG capabilities. Simultaneously, Techcombank Visa Eco Debit and Credit are a pair of financial solutions serving discerning individual customers who want to live green every day.

Every Vietnamese citizen can easily join Techcombank in spreading a green lifestyle with the Techcombank Visa Eco duo by registering for a new account or upgrading their existing one today to earn maximum reward points.

Find information about Techcombank Visa Eco here.

Techcombank, with its vision of "Transforming the financial industry, enhancing the value of life," is one of the largest joint-stock banks in Vietnam and a leading bank in Asia. Pursuing a customer-centric strategy, Techcombank currently provides diverse financial solutions and banking services to 15.4 million customers, including individual and corporate clients, through its nationwide network of branches and its market-leading digital banking services.

Techcombank's ecosystem approach and partnerships across key economic sectors differentiate it in one of the world's fastest-growing economies. Techcombank is the only Vietnamese bank to have won the "Best Bank in Vietnam" award in a single year from three leading global organizations: Euromoney, Global Finance, and FinanceAsia.

Techcombank is currently rated AA- by FiinRatings, has a baseline credit rating (BCA) of ba3 by Moody's, and is rated BB- by S&P.

Source: https://dantri.com.vn/kinh-doanh/techcombank-ra-mat-the-tin-dung-techcombank-visa-eco-20250715102048000.htm