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News - Financial

Wegagen launches ShebaMiles payment card with 50-point welcome bonus

Nov 13, 2026
Wegagen launches ShebaMiles payment card with 50-point welcome bonus

Key takeaways

  • 50 ShebaMiles points are offered to customers registering and obtaining Wegagen’s new co-branded payment card.
  • Qualifying purchases through Wegagen POS terminals earn travel rewards, Capital reports.
  • Rewards include flights, extra baggage, lounge access and priority check-in.
  • Active account holders can apply through mobile banking or branches.
  • Wegagen operates 726 POS terminals and 457 branches.

Why it matters

  • The partnership connects everyday bank payments with Ethiopian Airlines’ loyalty programme.
  • Analysis: Travel rewards could encourage card use at participating merchants.
  • The report does not specify the spending-to-points conversion rate or card fees.

What to watch

  • Published fees, earning rates and redemption conditions.

Source: Capital Ethiopia | 12 November 2026 |  Original report

Image: AI-generated editorial illustration.