VPBank (Vietnam Prosperity Joint Stock Commercial Bank) and DMX (Dien May Xanh Investment Joint Stock Company) have officially launched the VPBank MWG Mastercard credit card—a specialized credit card for the electronics retail and consumer sector, marking its first appearance in Vietnam. With the tagline “Swipe it! It’s exhilarating,” VPBank and DMX aim to inspire a stylish and modern lifestyle for today’s community. Each transaction with the card instantly unlocks rewards, embodying the positive energy of “Energize your life, recharge your joy” that the card brings to its users.
As a leading retail bank, VPBank understands that today’s consumers expect more from their financial solutions: flexibility, speed, and tangible value in every transaction, along with fresh shopping experiences and inspiration. Meanwhile, DMX boasts a nationwide retail network, including The Gioi Di Dong, Dien May Xanh, TopZone, and more, serving over 12 million active loyalty members. This large, youthful customer base embraces modern living and consumption habits. The VPBank MWG Mastercard leverages the strengths of both partners, offering tailored rewards and cashback for electronics retail and consumer spending within the DMX ecosystem, helping customers optimize their shopping costs.
Specifically, VPBank MWG Mastercard holders enjoy cashback on all spending, including a 10% cashback rate on transactions within the DMX ecosystem—The Gioi Di Dong, Dien May Xanh, Avakid, Nha Thuoc An Khang, and TopZone—capped at 300,000 VND per statement cycle. Additionally, fashion and dining purchases earn 4% cashback, up to 300,000 VND per cycle, with unlimited 0.1% cashback on other spending upon meeting sales conditions.
Beyond cashback, the VPBank MWG Mastercard offers incentives for card usage: customers activating the card and making successful transactions receive 100,000 reward points via the VIP Gifts app, plus 400,000 VND cashback when spending 2,000,000 VND within the first 30 days. The card also waives annual fees for the first year and subsequent years upon meeting spending criteria, encouraging long-term customer engagement.
As the electronics retail and consumer market grows, technology products, home appliances, and smart devices have become essential. The rapid advancement of information technology and digital transformation has reshaped how people work, entertain, shop, and pay.
Seizing this trend, VPBank expands its credit card portfolio, partnering with major retail ecosystems to enhance customer experiences. Collaborating with DMX, Vietnam’s leading electronics and consumer retailer, is a strategic move to engage young, tech-savvy consumers with high spending power. This partnership solidifies VPBank’s position as a leader in multi-channel consumer finance.
A VPBank representative stated, “The VPBank MWG Mastercard launch is a key step in our credit card strategy, following successful partnerships across various sectors. Teaming up with DMX allows VPBank to penetrate the essential consumer electronics market—a high-spending, sustainable sector. We expect this product to expand our credit card customer base and promote cashless payments, especially in the fast-growing electronics retail sector.”
Trương Hồng Hoàng, DMX’s Business Development Director, shared, “We’re thrilled to deepen our partnership with VPBank through the VPBank MWG Mastercard. With its unique, high-value rewards tailored to electronics and consumer needs, we’re confident customers will embrace it, especially during this year-end shopping season.”
Moving forward, VPBank and DMX plan to introduce phased promotions, expand card benefits, and enhance user experiences. By merging financial solutions with a tech-driven retail ecosystem, the card aims to better serve tech-loving consumers in modern life.
For more details, contact the hotline at 1900 54 54 15 or visit: https://mwgcard.vpbank.com.vn/
About VPBank:
As one of Vietnam’s first joint-stock commercial banks, VPBank has sustained over 30 years of growth. It ranks among the top banks in total assets, operational efficiency, and profitability, with a strong presence in retail and SME segments. VPBank leads in digital transformation, offering fast, innovative financial solutions. In 2025, VPBank achieved remarkable results: consolidated assets of 1,260 trillion VND and pre-tax profits exceeding 30,600 billion VND.
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