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Local Credit Card

Local Credit Card

Benefits

  • 16% interest rate, lowest interest rate in the market.
  • Lowest annual membership fee of BZ$36.00.
  • Photo security feature places the cardholder’s photograph behind their credit card and helps to protect them from fraud.
  • Purchases can be made anywhere the VISA logo is displayed in Belize.
  • Payments can be made, statements can be viewed, and transactions can be reconciled on Atlantic Online.
  • Payments and purchases are billed in Belize Dollar Currency.
  • Minimum payments lessen debt repayment time and decrease interest paid over time.
  • Monthly statement of account is mailed to the cardholder detailing charges and their respective dates.
  • Attractive promotions are held to reward cardholders with cash back, discounts, and special prizes.
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    Requirements
  • Employment Letter
  • Valid ID, either Social Security Card or Passport
  • Proof of Address (Copy of Utility Bill)

  • Calculating Minimum Payments
    Your monthly minimum payment is calculated at 8.33% of your ending balance plus interest and any other fees incurred.

    Our calculation of 8.33% lessens your debt repayment time and it decreases the amount of interest that you pay over time. For instance, with Atlantic Bank, it will only take 26 months for you to pay off purchases of $1000 and will have paid only $124 in interest. (See comparison chart below)
    Calculations