Banco Popular Launches MasterCard Platinum XTRA with More Rewards Points on All Purchases

Banco Popular North America (Nasdaq: BPOP) is expanding its credit card offerings with the launch of MasterCard Platinum XTRA, which awards customers 1.5 Popular Reward Points for every dollar spent on all purchases. The Platinum XTRA allows clients to earn awards more quickly and features several enhanced benefits.

“Banco Popular MasterCard Platinum XTRA is geared toward customers who use credit responsibly, frequently and enjoy rewards programs,” said Manuel Chinea, Senior Vice President, U.S. Retail Banking Operations of Banco Popular. “Research shows that consumers appreciate credit card rewards programs. Unlike other cards, there are no restrictions on the types of purchases that earn rewards.”

Rewards are accessed and redeemed at http://popularrewards.com. The new card complements Banco Popular’s two existing cards, Platinum and Secured. Benefits of MasterCard Platinum XTRA include the following:

1.5 Reward points will accumulate on all purchases in all categories, including everyday shopping, such as groceries, gas, clothes or for paying bills.
Rewards can be redeemed for a wide variety of items like travel packages, gift cards, certificates and statement credits.
MasterCard Platinum XTRA offers 0% APR for nine months on balance transfers completed within three months of account opening (a balance transfer fee of 3% applies).
There is no annual fee for the first year, $24 annually thereafter. No extra charge for additional cards.

The Banco Popular Platinum XTRA includes MasterCard programs such as Extended Warranty Insurance, Purchase Insurance, MasterAssist® Travel Assistance Services, Master RoadAssist®.

Interest rate on the card is based on customers’ credit standing. Banco Popular is supporting the new card with a comprehensive marketing program in branches and on the web. Customers interested in the new card can apply at a Banco Popular branch or can call 888-317-9062. For more information visit: https://www.mypopularbanking.com/us/credit-cards

About Banco Popular

As a premier community bank, Banco Popular North America (BPNA) provides a broad range of financial services and products to a diverse group of consumer and business customers across the United States.

First established in the United States in 1961, Banco Popular North America today operates 97 branches across five states: New York, New Jersey, Illinois, California, and Florida. Banco Popular was recently rebranded in Chicago as POPULAR COMMUNITY BANK. This initiative seeks to expand the customer base in the region.

Banco Popular North America is part of Popular, Inc., a Nasdaq-listed [BPOP], full-service financial services provider with operations in Puerto Rico, the United States, the Caribbean and Latin America. Founded in 1893, Popular is the leading banking institution by both assets and deposits in Puerto Rico and ranks 33th by assets among U.S. banks.

For more information about Banco Popular North America, visit the company's website at www.mypopularbanking.com.

Popular (NASDAQ:BPOP)
Historical Stock Chart
From May 2024 to Jun 2024