NATIONAL Commercial Bank (NCB) says it has expanded its Credit Card Instalment Plan to include all its consumer credit cards so its clients can "buy now and pay later", particularly as the holiday shopping season approaches, starting with Jamaica Observer Take Style Out (TSO) this Thursday through to the weekend.
"The current economic environment has created unique challenges for customers and merchants alike, and with the world now reopening we're so pleased that our credit cards have been there for consumers to help smooth out cash flows, manage expenses, take on new experiences, and move into the future," said Danielle Cameron Duncan, head of NCB's Payments and Digital Channels Division.
"As we go into the pre-holiday sales season, with Take Style Out, Black Friday and Cyber Monday approaching, our credit cards enable our customers to capitalise on local and international sales to get the items long sitting on their wish lists at discounted prices, while earning rewards," she added.
NCB explained that its instalment plan is interest free for three monthly instalments on any single purchase of $50,000 or more. Cardholders also have the option to pay for purchases over a six- or 12-month period, at reduced interest rates.
"The Credit Card Instalment Plan offers our cardholders the ability to plan, with flexibility, for life's expenses," the bank stated, adding that its "credit cards also offer customers the convenience of cash back or NCB Miles rewards, faster and safer checkout with tap and go, the security of transaction alerts, and insurance coverage with Price Protection, Purchase Protection and extended warranty on purchases".
The bank explained that its credit cards are much more than plastic in people's wallets, they are "a digital solution that when used responsibly, enable individuals and businesses to take charge of their budgets, and to thrive".
For customers without an NCB credit card, applying is easy and accessible online. Visit creditcard.jncb.com to explore the bank's suite of card products and apply.