Bank of Cyprus launches hotel reward scheme to boost local tourism
The Bank of Cyprus (BoC) on Monday announced a targeted initiative to support the hotel industry while rewarding its customers amid ongoing regional challenges.
The bank said the move comes in response to the impact of the Middle East crisis on the hospitality sector, which has created increased pressure on tourism businesses.
Through the initiative, the bank aims “to boost the hotel sector and strengthen the Cypriot economy” during a period of uncertainty.
“As part of the scheme, Bank of Cyprus cardholders will once again be rewarded through enhanced benefits linked to hotel stays,” the announcement mentioned.
Specifically, customers will have the opportunity to earn five times reward points on stays at participating hotels.
The offer applies to all accommodation payments made between April 6, 2026 and June 30, 2026 using any Bank of Cyprus card.
Under the scheme, customers will receive X5 reward points on all eligible stays throughout the campaign period.
The bank clarified that the maximum total reward is capped at €50 for the entire duration of the initiative.
To qualify, the payment must be made directly at the hotel during check-in or check-out, rather than through a third-party provider.
The initiative forms part of the bank’s broader effort to support domestic tourism activity and local businesses.
“With this initiative, we remain committed to our mission, leaving our own footprint on Cypriot society,” said BoC’s chief of consumer banking Irene Gregoriou.
“We are tangibly rewarding our customers for their trust, while at the same time supporting one of the most important pillars of the Cypriot economy, the hotel industry,” she added.
“At a time when the sector faces increased challenges, the Bank of Cyprus remains firmly by the side of Cypriot businesses and society, strengthening domestic tourism activity,” Gregoriou concluded.
Finally, the bank said that customers can view the list of participating hotels through the following link.