Debit Cards

VISA Electron & VISA GOLD

Intercommercial Bank Limited (IBL) was the first to introduce the VISA International Debit Cards to Trinidad. VISA is an extremely well branded, recognized and trusted name in the financial services industry. VISA International Debit Cards are available in two forms from IBL.

VISA is extensively accepted at Point-of-Sale and ATMs in the local and international markets.VISA Electron and VISA Gold Point-of-Sale limits are equivalent to TT$10,000 daily with VISA Electron and TT$20,000 daily with VISA Gold..

IBL's VISA International Debit Card can save you hundreds of dollars annually.

1. No Transaction Fees

All your Point of Sale purchases at merchants Locally and internationally are absolutely FREE of Charge to you. Some other ABM cards charge a fee for point of sale purchases and can not be used for International transactions. All Automatic Banking Machine (ABM) withdrawals are FREE of Charge- at Intercommercial ABMs and at all other Banks' ABMs in Trinidad and Tobago that accept VISA. With some other ABM cards, you incur a fee when you make a withdrawal at another institution’s ABM. With Intercommercial Gold VISA International Debit card you can make purchase online-a feature not offered by other local debit cards available on the market.

2. Cheaper than using a Credit Card

Credit cards available today attract an average of 24% interest per annum on outstanding balances.

3. Ideal for Students studying Abroad

Your VISA International Debit Card makes paying school fees and purchasing books more convenient, cheaper and allows quicker access to funds when compared to wire transfers. Parents can easily manage and track the payments made from student accounts.

4. Free Insurance Coverage when you travel Abroad

When you charge full travel fare on your VISA International Debit Card you receive FREE Travel Insurance Coverage- Accidental Death and dismemberment for the cardholder and dependant family members under 23 years of age. Coverage value US$100,000 (VISA Electron) and US$250,000 (VISA Gold). Free Auto rental insurance (theft and damage) when you pay in full for vehicle rentals in the United States and Canada.

5. Safer to use than carrying around Cash

Your VISA International Debit Card is accepted at over 22 million locations worldwide. Its easy to use to make purchases in supermarkets, restaurants, hard wares, book stores-without the worry of carrying around large sums of cash.