Up to 30% discount at leading fashion retailers for cardholders:

Another value addition from Commercial Bank

Shoppers using Commercial Bank Shopping Debit or Credit Cards can enjoy a shopping fiesta this Avurudu season as they will receive discounts from leading fashion retailers for their purchases under a promotion launched by the bank.

These cardholders will receive discounts of up to 30 percent between 31st March and 13th April when they do their Avurudu shopping at any of the outlets of Nolimit, DSI, and House of Fashion. Discount for Nolimit and House of Fashion is 25% each; a 30% discount is offered to cardholders with a minimum purchase value of Rs. 1,000 at DSI.

All holders of Silver and Gold cards of Mastercard and VISA, as well as Electronic, Corporate and Affinity Cards of Mastercard, Shopping Cards of Mastercard and VISA and Maestro Debit Cards (Maestro Debit Cards can only be used at Nolimit and DSI) will be eligible for these discounts, the Bank said.

Commercial Bank's Head of Card Centre Lakshman Perera said: "This is a persuasive reason for our cardholders to use their Shopping Debit or Credit cards to shop during the festive season. Apart from the convenience of not having to carry cash, they also get to save money on their purchases." He pointed out that savings made possible through this promotion are much higher than the one percent stamp duty applicable to credit card purchases.

In addition to these discounts, Commercial Bank cardholders would also be entitled to receive discounts overseas when they participate in promotions carried out internationally by Mastercard and VISA during this period.

The Commercial Bank's network in Sri Lanka comprises of 173 computer-linked branches and supermarket banking counters and 357 ATMs. A multiple award winner, the Commercial Bank has been adjudged Sri Lanka's 'Bank of the Year' seven times by 'The Banker,' 'Best Bank in Sri Lanka' for 12 consecutive years by 'Global Finance' Magazine, and 'The Best Bank in Sri Lanka' by FinaceAsia. It was also recently adjudged 'Best Local Trade Bank' in Sri Lanka by the UK based 'Trade Finance' magazine.