The Bank has partnered with 25 merchants in these regions to offer these discounts on clothes, shoes, bags, household and lifestyle items as well as for restaurant dining.
Discount offers on credit and debit card purchases will commence on 20th March and will be applicable on specified days or periods at each of the partner outlets until 25th April 2022, the Bank said.
The partner merchants offering Commercial Bank’s cardholders discounts include Clothing, Fashion and Accessories retailers offering discounts of up to 30% on credit cards and 25% on debit cards; Footwear & Leather wear retailers offering discounts of up to 15% on credit cards and 10% on debit cards; a Lifestyle store offering discounts of up to 25% on credit cards and 20% on debit cards; and Restaurants offering discounts of up to 15% on credit cards and 10% on debit cards.
Selected outlets include Abdullah Men’s Wear (Kalmunai), Arun Textile & Fancy Palace, Barakath Tex, Bilaal Emporium, Bilaal Kidz, Blue Lagoon, East Star Handlooms, Evahsaa Kids World, Fashion Boys, Indian Corner (Kattankudy), Kajane Shoes Palace, Katiyane Textiles, Kumaran Textiles, Mag Food, Malar Traders, Meemas (Batticaloa, Trincomalee and Vavuniya), Nilam, Rahmath, Shoe City, Star Fashion, Summer Clouds, Unlimit, and White Stone.
Commercial Bank credit and debit cards offer year-round promotions covering a wide variety of services. Commercial Bank was the first bank to offer loyalty rewards for both credit and debit card holders under its Max Loyalty Rewards Points scheme.
The Bank was also a pioneer in extending promotional discount offers which were traditionally only offered for credit cards to its debit cards.
Commercial Bank cards are the fastest growing cards in Sri Lanka and enjoy market leadership in credit and debit card cumulative point-of-sale usage.
The Bank offers a variety of credit cards in the Silver, Gold and Platinum tiers of Visa, Mastercard and UnionPay Cards, as well as Visa Signature, World Mastercard, Visa Infinite, UnionPay Asia Prestige Platinum and UnionPay Asia Prestige Diamond Cards in the premium segment.
The cards are equipped with ‘Tap ’n Go’ NFC technology and are backed by a strong NFC Point-of-Sale (POS) network.
Sri Lanka’s first 100% carbon neutral bank, the first Sri Lankan bank to be listed among the Top 1000 Banks of the World and the only Sri Lankan bank to be so listed for 11 years consecutively, Commercial Bank operates a network of 268 branches and 938 automated machines in Sri Lanka.
Commercial Bank is the largest lender to Sri Lanka’s SME sector and is a leader in digital innovation in the country’s Banking sector.
The Bank’s overseas operations encompass Bangladesh, where the Bank operates 19 outlets; Myanmar, where it has a Microfinance company in Nay Pyi Taw; and the Maldives, where the Bank has a fully-fledged Tier I Bank with a majority stake.