Banco Popular to make gnial cards from ocean plastic

Banco Popular Dominicano will manufacture its gnial credit and debit cards using plastic recovered from the coasts of Sánchez, Samaná province, in partnership with environmental organization Parley for the Oceans. Source: eldiado The initiative is part of the bank's sustainability strategy, incorporating circular economy principles and involving local communities in plastic collection. Source: elcaribedr

Key features

• The cards are aimed at young people aged 18 to 34 and offer a preferential interest rate, reduced commissions, and 5% cashback on categories like fast food, streaming, and Airbnb, with a monthly cap of RD$1,000. Source: diariolibree
• Cardholders can donate their Millas Popular to support coastal ecosystem protection, and the bank along with the Caribbean Biodiversity Fund (through Fondo Marena) will match each donation, tripling the resources for ocean conservation. Source: elcaribedr
• The cards maintain contactless technology, double mileage accumulation on purchases at sports venues, universities, Amazon, and Apple, and free issuance and renewal. Source: diariolibree

Implementation

The transition will be gradual during renewal and replacement processes at no extra cost, and existing credit limits and benefits remain unchanged. Source: elcaribedr