Mercantile Bank Offers 20% Discount on Purchases for Shoppers
Translated & summarized from Ice by baba
Mercantile Bank is offering customers significant discounts during the November shopping season. Holders of the Mercantile First Mastercard can get 20% cashback on international online purchases up to NIS 150, from November 5-30, 2026. Locally, a digital voucher provides up to 20% off at grocery stores and other retailers, with a maximum monthly saving of NIS 150, valid until December 31, 2026.
The story in 5 lines · by baba
- Mercantile Bank offers 20% cashback on international online purchases for Mastercard holders.
- International purchases discount is capped at NIS 150 per card from November 5-30, 2026.
- A digital voucher provides up to 20% discount on groceries and other retail purchases in Israel.
- Local discounts offer a maximum monthly saving of NIS 150 and are valid until December 31, 2026.
- The bank aims to provide significant savings on essential household expenses, particularly food.
Mercantile Bank is launching a new consumer initiative to coincide with the major shopping season, including Singles' Day, Black Friday, and Cyber Monday. Customers holding the Mercantile First Mastercard will receive a 20% cashback on international online purchases from sites like Amazon, AliExpress, Shein, and ASOS, valid from November 5 to November 30, 2026. This offer is capped at NIS 150 per card for the entire promotion period. For example, a purchase of NIS 750 would yield the maximum cashback of NIS 150.
In addition to international deals, the bank is also offering enhanced discounts on everyday purchases within Israel. The discount at grocery chains has been doubled from 10% to 20%. Participating chains include Victory, Carrefour, King Store, Dabah, Bar Kal, Nativ Ha'Hesed, and Shefa Bracha. This local benefit operates through a digital voucher that can be loaded up to NIS 1,500 monthly on a dedicated website. The first NIS 500 loaded receive a 20% discount (NIS 100 savings), and the subsequent NIS 1,000 receive a 5% discount (NIS 50 savings), totaling a maximum monthly saving of NIS 150.
The digital voucher benefit renews at the start of each calendar month and is valid from October 1 to December 31, 2026. It is available to bank customers over 18, including new account holders, and does not require membership in a closed consumer club. The voucher can be used at dozens of additional retail chains in fashion, footwear, and home design, such as Fox, Shilav, Terminal X, Mashbir LeTzarchan, Home Center, and Golf.
Vered Avitan, Senior Deputy CEO and Manager of the Retail Division at Mercantile Bank, stated that the bank chose to focus on food expenses, which are the most significant basic household expenditure, to create a real impact. She highlighted that unlike other clubs offering symbolic benefits, Mercantile Bank is providing a deep 20% discount that will be directly felt by customers. Avitan emphasized that this saving is accessible to everyone without needing to join a closed club, with a selection of chains tailored to the purchasing habits of all sectors and audiences across the country.