Republic Bank, PriceSmart launch new Visa Platinum Card

Barbadian shoppers are being promised greater convenience and bigger rewards for spending, with the launch of the Republic Bank PriceSmart Visa Platinum Card.

Officials of both businesses held a virtual live event on their Facebook pages to launch the new card.

The card’s long list of benefits includes: 4% cash back on purchases at PriceSmart Clubs Barbados & Trinidad; 1% cash back on all other purchases locally and internationally; unlimited cash back rewards with no annual or monthly caps; personal concierge service; purchase protection up to 45 days; auto rental insurance; international medical emergency services; and travel accident insurance.

In outlining the benefits of the card, Republic Bank’s General Manager, Retail & Operations, Sharon Zephirin noted, “Shoppers will enjoy 4% cash back when they make their purchases at PriceSmart. That kind of cash back can come in handy to cover expenses, build credit or even jumpstart savings. It’s the kind of reward system that shows our mutual customers that we value their business. For us at Republic Bank, it offers our clients further proof that we mean it when we say that we are ‘the one for you’.”

On August 31, PriceSmart will be celebrating 20 years of operations in Barbados. General Manager of PriceSmart Barbados, Chester Keller, explained, “Having been in the market for almost 20 years, we recognize that we must continuously develop exciting new programs and services for our members with additional benefits, while our members continue to save.”

He added, “In an effort to continuously enhance our member’s shopping experience, we endeavor to align ourselves with partners that are of like mind. It should therefore not come as a surprise that Republic Bank would be our partner of choice in this venture.”

Republic Bank’s Managing Director and CEO, Anthony Clerk, congratulated the PriceSmart team on the approaching 20 year milestone. He noted that partnerships that yield benefits such as this one, are exactly what Barbadians need right now.

“In light of everything that our customers have been facing over the last year or so, it is imperative that corporate Barbados devise options that offer people greater flexibility, convenience and rewards for choosing to do business with us. This Republic Bank PriceSmart Card ticks all of those boxes,” he said.

Republic Bank’s new brand ambassador, popular artiste and radio personality, Patrick “Salt” Bellamy, was present for the launch and received the first Republic Bank PriceSmart Visa Platinum Card.

PriceSmart members interested in applying for the card can do so at PriceSmart Club, any Republic Bank branch, online at www.pricesmart.com or at www.republicbarbados.com. Applicants must have an existing and active PriceSmart membership card; copies of two valid government issued IDs; a job letter less than six months old; and proof of address.