The Commercial Bank of Ceylon is heralding the arrival of the Sinhala and Tamil New Year with the launch of its biggest seasonal shopping promotion of the year for credit and debit card holders.
The Bank has partnered with more than 400 merchants to offer discounts of up to 50% on specified days or periods from 20th March to 30th April 2024 at over 4,000 outlets across the country.
These promotions will add to the good cheer of the Avurudu celebrations by offering cardholders opportunities to shop for clothes for the whole family, buy presents for friends, get a home makeover, try out a new beauty trend, get fit, and even indulge in some much-needed self-love, the Bank said.
The discounts will be offered by 170 merchant partners retailing clothing and fashion accessories, 52 lifestyle products partners, 28 partners retailing shoes and leatherware, 34 hotel partners, 15 jewellery partners, 12 healthcare partners, 12 salon, spa and cosmetics partners, six supermarket partners, eight automobile partners, five watches and accessories partners, and eleven dining partners.
Additionally, 85 online vendor partners will offer discounts to ComBank credit and debit card holders during the promotion period, while another 14 participating merchant partners will offer easy payment plans of upto 60 months on white goods purchased during the promotion period.
The Bank said the participating merchant partners represent a wide spectrum of products and services from leading local and international brands, as well as varying price points, to ensure that the promotion caters to the largest possible customer base.
Concurrent with the ‘Avurudu’ card promotion, Commercial Bank has launched a separate promotion exclusively for the Bank’s debit card holders, offering them a chance to win gifts worth Rs 6 million. Commercial Bank debit card users who make purchases to the value of Rs 25,000 or more per month in March and April stand a chance to win an all-inclusive holiday in Singapore for two, high-end laptops, luxury hotel stays on twin-sharing basis and 20 supermarket vouchers – each valued at Rs 50,000, under the ‘ComBank Debit Card Gift Fiesta.’
Another ongoing promotion will reward 160 recipients of remittances routed via the bank’s ‘RemitPlus’ money transfer service between February and April with a total of Rs 4 million in cash.
Commercial Bank cards are the fastest growing credit 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; LankaPay JCB branded credit cards in the Platinum, Gold and Classic tiers and 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.
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.
The largest private sector bank in Sri Lanka and the first Sri Lankan bank to be listed among the Top 1000 Banks of the World, Commercial Bank operates a strategically-located network of branches and 964 automated machines island-wide, and is the largest lender to Sri Lanka’s SME sector. Commercial Bank has the widest international footprint among Sri Lankan Banks, with 20 outlets in Bangladesh, a Microfinance company in Nay Pyi Taw, Myanmar, and a fully-fledged Tier I Bank with a majority stake in the Maldives.