Garanti BBVA Adds Sterling Statement Option for Credit Cards
Garanti BBVA has added the British pound (GBP) to its credit card statement currency options. Customers spending in sterling abroad will see those transactions on their statements at the exchange rate on the day of the purchase, allowing them to track their spending without being affected by subsequent currency movements.
Foreign currency statement options, previously available in US dollars (USD) and euros (EUR), now include sterling. Customers shopping in the UK can therefore track their credit card spending and payments directly in that currency, making it easier to anticipate the effect of exchange rate movements and to monitor balances and payments in sterling.
Statement currency preferences can be changed through Garanti BBVA Mobile, BonusFlaş, the Garanti BBVA Customer Contact Center, and Garanti BBVA branches. Customers who already have a foreign currency statement set up will not need to register separately for sterling.
Kerem Orbay, General Manager of Garanti BBVA Payment Systems, said being able to track a budget and anticipate payments while spending abroad is an important need for customers. “In line with our Radical Customer Perspective, we follow our customers’ needs closely across different areas of their lives and develop proactive solutions,” he said, adding that the bank will continue to develop solutions that make financial transactions easier and more predictable and that simplify customers’ daily lives.
Card privileges on spending abroad
Garanti BBVA also offers cardholders a range of privileges on overseas spending, from shopping to accommodation and travel. Bonus points can be earned on qualifying international transactions, while Miles&Smiles Garanti BBVA credit card campaigns offer miles and discounts depending on the type of purchase. American Express cards provide discounts on international shopping along with Membership Rewards points.