Re|Bank – New Retail Banking Service in Georgia aimed at Maximum Customer Comfort

The Re|Bank, an innovative service aimed at simplifying banking services in the retail sector, was introduced in Georgia in 2019. Since then, it has significantly contributed to increasing customer satisfaction in terms of using banking services throughout the country.

Re|Bank represents a sub-brand of PASHA Bank, a Baku-based financial institution operating in Azerbaijan, Georgia and Turkey, providing corporate and investment banking services to large, medium and small enterprises, aimed at gifting users totally new and convenient retail banking experience.

The main idea of launching the Re|Bank service in Georgia was to provide maximum comfort and fast service to customers, and it is working well. The main benefit users get from it is that Re|Bank gives them the chance to save time and energy, which is especially important given the fast pace of our lives nowadays.

The representatives of Re|Bank note that through this service, they strive to offer people mutually beneficial financial solutions without any hidden charges, improving their banking habits and making their everyday lives easier.

Currently, Re|Bank offers three main products: Top|Card, Maxi|Deposit and Blitz|Loan.

Top|Card

Top|Card is a 0% installment card (effective rate from 0%).

With Top|Card, shopping fun is guaranteed! It helps customers reduce and manage their monthly expenses in a better way: by using 0% installment payments for everyday purchases, they will have money let for other needs.

Top|Card gives users an opportunity to enjoy shopping for the up to 12 month installment period at partner companies and pay only the price of the purchased item.

In addition, new owners of the card can benefit from a welcome bonus: six months’ interest-free first installment at any of Re|Bank merchants. The above applies to the partner merchants where installment duration is up to six months.

Top|Card users don’t pay any additional cost for items or services purchased though installments. In the case of shopping within partner companies of Re|Bank, the commission fee will be covered by the respective partner.

Your Top|Card will have a pre-approved installment limit for an amount of 250 – 5000 GEL, which you can utilize multiple times while paying at your desired companies.

Top|Card users are allowed to add their own funds and, while shopping at non-partner companies, they can choose to pay from their own funds or pay from an installment limit.

Those interested can order a card online at rebank.ge, can call the contact center: (+995 32) 222 25 25 | * 2525, or can head to any Re|Bank branch or pop up desk in shopping malls.

Additional information about Top|Card partner organizations and hot offers is also available on the website rebank.ge.

Other products offered by Re|Bank: Maxi|Deposit and Blitz|Loan, also boast competitive rates and simple application procedures.

Maxi|Deposit is a rare opportunity to select your desired account type and start saving money for a better future. By using this service, you get unlimited access to funds according to your needs.

Maxi|Deposits

Term Maxi|Deposit: Term deposits have the highest interest rates, as the initial deposit funds are locked for a fixed period. You can receive the interest rates on opening day, every month, or at the end of the term.

Opening a term deposit is free. The deposit amount and term must be defined in advance and are not eligible to be changed.

The minimum amount needed to open a term deposit is 100 units in the selected deposit currency.

Demand Maxi|Deposit: Demand deposits allow you unlimited access to your funds according to your needs. Amounts can be deposited, withdrawn, or transferred between your accounts any time you like.

Opening a demand deposit is free. You can open a demand deposit in GEL, USD, or EUR.

The minimum amount needed to open a demand deposit is 10 units of the selected deposit currency.

Accumulative Maxi|Deposit: Accumulative Deposits are the best way for you to collect money for any purpose. You can open an accumulative deposit for a certain term and are free to add funds to it at any time. Opening an accumulative deposit is free. You will accrue interest on your deposit whether or not you periodically add funds.

The minimum amount needed to open an accumulative deposit is 10 units in the selected deposit currency.

Blitz|Loans

Blitz|Loan is yet another fast and comfortable service of Re|Bank.

By taking out a Blitz|Loan, you can fulfil any desire easily and quickly. It is even possible order a loan directly through the Re|Bank website, without visiting a branch, with 0% distribution fee. The procedure is quite simple: you can ask the loan by entering a phone number, or pushing the “get loan” button on the website. In addition, you can apply for a Blitz|Loan by calling the contact center.

The credit limit is min. 250 GEL and max. 50,000 GEL. Interest Rate - from 6% - effective from 16%. The loan period is 3-48 months.

The Refinancing Loan offered by Re|Bank gives its customers an opportunity to unite loans. The credit limit is min. 2,000 GEL and max. 50,000 GEL.

Interest rate - effective from 16%. The loan period is 3-48 months. The procedures for applying for the Refinancing Loan are the same as when taking a Blitz|Loan.

Re|Bank, with the aim to provide more customers with innovative, fast and comfortable service, is expanding its network.

The first branch of the Bank opened its doors to customers in Tbilisi in 2019.

Currently, it is represented in Georgia with three branches in Tbilisi: at 15 Omar Khizanishvili St., 75 Javakheti St., and 19 Pekini Ave.; in Batumi, at 53 Ilia Chavchavadze St.; in Kutaisi at 5 Akaki Tsereteli St.; in Gori at 3 Stalin Avenue; and in Zugdidi, at 54 Merab Kostava Street. In addition, a new branch will soon open in Telavi.

You can also find desks at almost all big shopping centers in Tbilisi: East Point, Tbilisi Mall, Galleria.