Picture 5: Hebou PNG U19 Garamuts Cricket Team Vice Captain, Heagi Toua showing off his Visa Debit Card
Picture 5: Hebou PNG U19 Garamuts Cricket Team Vice Captain, Heagi Toua showing off his Visa Debit Card

Port Moresby, July 2017 | Bank South Pacific (BSP) PNG has reduced its fees on its Visa Classic Debit Card, allowing affordable access for the online shopper and overseas traveller.

Effective 17 July, 2017, existing and intending holders of the Bank South Pacific Visa Classic Debit Cards will benefit from significantly reduced card fees.

This change will see the K100 application fee waived for all new Visa Classic Debit Card applications. The annual K100 fee charged for maintenance of the service will also be forfeited, leaving customers with zero application and maintenance fees.

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For customers requiring a Visa Card replacement due to card loss, theft, damage or PIN reissue will now be charged  K20 instead of K100 as was previously.

With the enhancement of BSP’s Visa Debit Cards, and the introduction of chip enabled cards, BSP would like to ensure that all customers benefit from this product and the added security features.

The BSP Visa Debit Card enables a customer to have access to their funds while overseas and the convenience of buying products and services online. BSP Visa Card is complimented by security features such as Visa Alerts and 3D Secure to allow customers to track and view their transactions with the Visa Debit Card.

Visa Alerts, when activated can send SMS or Email Alerts, when there is a transaction done from your Visa Debit Card. This alert ensures that all customers are protected from fraud and the unauthorised use of their Account and can be activated through BSP Personal Internet Banking.

Reference Fee Table for the BSP Visa Classic Debit Card.

Fee type Visa Classic Debit Card
Current Fees NEW Fees
Application K 100.00 K 0.00
Annual Fee K 100.00 K 0.00
Renewal K 0.00 K 0.00
Replacement (lost/stolen/damaged/reissue PIN) K 100.00 K 20.00

 

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ABOUT BSP

Bank South Pacific (BSP) is an iconic and unique bank in Papua New Guinea and the Pacific, recognised for its strong commitment to the region.  We are a major commercial banking and finance group with assets of approximately PGK20.8 billion.

BSP has the largest branch network in Papua New Guinea, Cook Islands, Fiji, Samoa, Solomon Islands, Tonga and Vanuatu with sub branches and agents in rural locations. The BSP Group employs 4000+ people across the Pacific and proudly supports the communities that we operate in, through Community Projects, Sports, Education, Health, Culture and Financial Literacy.

Our branch network is complemented by electronic banking networks that can meet the banking needs of all customers wherever we operate.

  • 70+ Branches
  • 13 Premium Service Centres
  • 50+ Sub Branches
  • 350+ Agents
  • 500 ATMs
  • 11,000+ EFTPoS

We’re proud of our whole of bank capabilities whereby our teams in Corporate, Retail, Paramount and Treasury are able to provide solutions to our clients, drawing on our capabilities and broad presence. This capability is unmatched by our competitors.  PNG and the Pacific is our home. We have knowledge, history, experience and a commitment to the region that other financial institutes cannot offer.

www.bsp.com.pg/About-Us/Welcome-to-BSP

FOR MORE INFORMATION CONTACT:

Stephanie Waide | Manager – PR & Communications| Email: swaide@bsp.com.pg   or Email: PR@bsp.com.pg

Gorethy Semi | Head of Marketing and PR | Email: gsemi@bsp.com.pg

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