Garanti Bank, one of the most dynamic banks on the local market, has granted its clients a total of approximately RON 1 million in bonuses in 2016, for performing transactions with their Bonus Cards. Out of the total purchases made last year, 29% were made online.
Interest free instalment purchases via Bonus Card represented 37% of the total credit card transactions, the percentage having grown up to 46% during the Easter, Christmas and summer holidays.
In 2016, Bonus Card holders have used their credit cards mainly for shopping in supermarkets, gas stations, clothing and shoes shops, as well as in electronics stores.
“Through Bonus Card we aim to improve and simplify our customers’ lives. Every year more and more customers are using the benefits offered by our credit card. We will continue our strategy of constantly offering our clients new advantages for using Bonus Cards, in order to meet as much of needs as possible as well as to build their loyalty”, stated Emre Unal, Cards Director Garanti Bank.
Bonus Card is one of the most rewarding payment tools in the market for both cardholders and merchants. Customers accumulate up to 10% bonuses every time they perform a transaction with their card, both inside and outside the country. The bonus represents money that afterwards can be redeemed for free shopping, in any of the bank’s over 6,000 partner stores. Moreover, during campaigns, customers can choose to pay in up to 24 free of interest instalments for purchases made in Garanti Bank’ partner stores and benefit from a 50 days grace period.
About Garanti Bank Romania
Garanti Bank is part of the financial-banking group Garanti Romania, which brings together Garanti Leasing (the brand under which the company Motoractive IFN SA operates) and Garanti Consumer Finance (the brand under which Ralfi IFN operates).
Garanti Bank is held by Turkiye Garanti Bankasi AS (TGB), Turkey’s second largest private bank. TGB is a universal bank with leading presence in all business lines. The bank serves more than 14 million customers in corporate, commercial, SME, and consumer segments offering fully integrated financial services. In July 2015, Spanish financial group Banco Bilbao Vizcaya Argentaria (BBVA) gained the control of Garanti Bank in Turkey. Garanti Bank Romania offers a series of quality products and services for all business segments: retail, SME and corporate. Present in Romania since 1998, the bank has developed a solid portfolio of clients and expanded its national presence through branches and alternative channels, reaching an extended network of 84 branches and over 300 intelligent ATMs that can be used by anyone, not just bank customers, for transactions with or without cards.
Garanti Bank was awarded in 2016 by world-renowned magazine Global Finance, as “Best Consumer Digital Bank in Romania”. The distinctions were granted within the “2016 World’s Best Consumer Digital Banks in Central and Eastern Europe Competition”.