ComBank launches Call & Convert instalment plans

 Commercial Bank of Ceylon has announced a new ‘Call and Convert’ facility that enables its credit card holders paying for education, health or insurance-related products and services and for online purchases to convert transactions of Rs.10,000 and above into easy payment plans. 

The Call and Convert facility only requires customers to call the bank’s Contact Centre on 011 2 353 353 within seven days of a qualifying purchase and request a conversion. All Commercial Bank credit card holders are eligible to enjoy this facility until the end of the year, the bank said.  While credit card purchases above Rs.25,000 for health, above Rs.20,000 for educational and above Rs.10,000 for selected online payments can be converted to a six-month easy payment plan at no extra charge, insurance premium payments above Rs.20,000 can be converted to an equated six-month instalment plan at a nominal fee. Updated details of the Call and Convert options and terms and conditions can be viewed on the bank’s website www.combank.lk.   

Commercial Bank credit and debit cards offer year-round promotions covering a wide variety of services such as travel, healthcare, supermarkets, leisure, lifestyle, insurance, automobile, dining and online purchases.

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.