Effective April 1, 2019, JN Bank will reduce the interest rate on its JN Bank VISA Gold and Classic credit cards from 35 per cent to 34 per cent.
In keeping with best practices globally and across the local financial sector, effective April 1, 2019, interest on credit card transactions will also be calculated from the transaction processing date of each purchase. Previously, JN Bank forgave interest accrued on your balance from your transaction processing date to your statement date.
Interest will continue to be calculated using the reducing balance method, so that you will always benefit from a lower interest charge.
Continue to use your JN Bank VISA credit card to shop conveniently wherever you are and receive discounts at select merchants locally and overseas. Use your card at any of our more than 100 JN Rewards merchants across Jamaica and save up to 20 per cent on your purchases.
Our aim is to always provide you with a rewarding experience! Contact us for more information.