Bankintercard launches the Visa Oro Groupon, a card offering major discounts on purchases

Bankinter Consumer Finance, a Bankinter company specialising in consumer business, and Groupon, world leader in online coupon sales, have signed an agreement to launch the new Visa Oro Groupon Bankintercard, which allows multiple discounts to be obtained on purchases, as well as offering additional advantages.

The Visa Oro Groupon issued by Bankinter Consumer Finance is a flexible payment card under which the customer can choose the amount they wish to pay every month, either a fixed amount or a percentage up to the total available balance.

This new card has contactless payment technology and does not have any type of annual fee, either for the cardholder's card or any additional cards.

Among the advantages associated with this card, of particular interest are the discounts offered for its use. Customers can obtain a 5% discount on purchases made directly with Groupon and a 3% discount on purchases made in any other business in the deferred payment mode. For customers who pay at the end of each month, the discount on all purchases is 0.2%.

The amounts from the discounts applied will be accumulated month by month and will be paid in the form of Groupon credit, with which the customer will be able to obtain discounts on subsequent purchases made through that website's payment terminals.

In addition to the previously mentioned discounts, the offer includes a welcome gift of € 30 that will be credited after the card has been used to make at least one purchase during the three months after its activation.

The card includes a series of additional advantages such as the “large purchase service”, the possibility of transferring money from the card to a current account and all the usual free insurance policies offered by Bankinter Consumer Finance.

According to Alfonso Sáez, CEO of Bankinter Consumer Finance, the new Visa Oro Groupon card “is yet another step in our firm commitment to grow in the business of payment methods, with an innovative product that, in addition to helping our customers plan their expenditure, offers significant discounts on future purchases through Groupon. In short, it is a very positive agreement for both companies in which the main beneficiaries will undoubtedly be our customers”.

For his part, Ferdinando Meo, Groupon Spain Country Manager, considers that “this new means of payment brings us closer to the consumer, making their purchases easier and more convenient. It also rewards our most loyal customers with significant discounts on their purchases. This initiative is unique in Spain and we are proud to be joining Bankinter in pioneering this new payment method for our users".

ABOUT BANKINTER CONSUMER FINANCE

Bankinter Consumer Finance is the Bankinter Group company specialising in the consumer business. The financial company had an exceptional year in 2015. The volume of investment reached 719 million euros, 71% more than in 2014, and with 190,000 new accounts attracted in the year (+121%), a total of 730,000 clients was reached, making it the consumer company with the largest growth.

The company recently presented the new brand in one of its main lines, the revolving credit card business, changing from the previous name of Obsidiana to operate under the Bankintercard brand.

ABOUT GROUPON    

Groupon (NASDAQ: GRPN) is one of the world leaders in local shopping, and the place to look when you want to buy something at any time and in any place. Taking advantage of the global dimension, Groupon offers consumers a huge marketplace with the best plans in the world. Buyers can go online or use their mobile phone to discover with Groupon Near You the best experiences available in their town or city, enjoy holidays with Groupon Travel, or find a carefully chosen selection of electronic devices, fashion, items for the home and many more products with Groupon Shopping.

Groupon is changing the way small businesses attract, relate to and build loyalty with their customers by providing them with a series of products and services that include customisable web campaigns, adapting credit card payment systems and point of sale solutions to help entrepreneurs operate more effectively and grow. To search for the best experiences or to subscribe to the Groupon newsletter, go to www.Groupon.es. To download the Groupon app, go to http://www.groupon.es/mobile. To find out more about the solutions the company offers to local businesses and how to work with Groupon, go to http://www.grouponfunciona.es/.