OREANDA-NEWS. June 01, 2010. DnB NORD Banka in conjunction with the largest chain of shopping centers in Latvia "Galactico" has developed "Galactico VISA" payment card to serve in addition to its core functions also as privilege or loyalty card at all five shopping centers of the above chain in Riga, reported the press-centre of DnB NORD Banka.

Purchases by a new "Galactico VISA" of DnB NORD Banka at any of five shopping centers – "Alfa", "Origo", "Galerija Centrs", "Mols", or "Dole" – will be subject to discounts, as well as within certain promotional periods one will have a chance to collect points in order to get some refund of money spent at the above shopping malls in the form of "Galactico" gift token.

The new card will possess all functions intrinsic to any traditional payment card, at the same time presenting an opportunity to collect points at more than 650 stores within the "Galactico" chain, whereas in 380 stores the cardholder will be offered also discounts within the range of 5% up to 30%.

"Co-brand cards have conquered strong market positions both in Europe and all over the world, and therefore it is reasonable to expect that such functional payment card combined with an attractive privilege program offered by the biggest shopping mall chain will be widely acclaimed also in Latvia," points out the Vice-president of DnB NORD Banka Ivars Kapitovics.

""Galactico" privilege program already now involves high number of active participants, whereas in combination with the bank's payment card it has become the very first and unique product within the industry of shopping centers in Latvia. The customers request higher functionality, appreciate convenient and easy solutions, and this is why industries join hands. We expect the new card to become very popular before long," comments Evija Majevska, Commercial Director of Linstow Center Management Shopping Centers.

"Galactico VISA" can be used both as salary card and another payment card. By using "Galactico VISA" as salary card the cardholder can make feeless purchases both in Latvia and abroad, as well as avail themselves of the overdraft option offered by the card to make bigger purchases.

Like any other payment card of DnB NORD Banka "Galactico VISA" cards also offer an opportunity to free of charge check the account balance through ATMs of DnB NORD Banka as well as withdraw money from the wide friendly ATM network comprised by those of SEB Banka, Swedbank, Latvijas Krajbanka, as well as DnB NORD Banka ATMs in Latvia and Lithuania. 

As "Galactico VISA" can be issued either internationally acknowledged "VISA Classic" credit card or "VISA Dynamic" debit card. "Galactico VISA" in addition to the traditional annual card subscription fee is subject to a surcharge of LVL 2.5.

You can apply for "Galactico VISA" at any branch of DnB NORD Banka, by calling 1880, as well as on the Bank's website www.dnbnord.lv or iNORD Internet-bank. The card can be collected at any branch of the bank.