Israel Discount Bank (72%)
First Intl. Bank of Israel (28%)
Cal issues and clears leading global brand credit cards: Visa, MasterCard and Diners (marketed exclusively by Cal). In 2012, the company began clearing IsraCard cards. Cal provides financial solutions and services for over 2 million cardholders and tens of thousands of businesses. To provide a comprehensive response to customers’ needs, Cal has 1,500 employees in its Givatayim and Modiin Illit offices. Israel Discount Bank (72%) and First International Bank of Israel (28%) own the company.
Vision & Financial Solutions
Cal bases its activities on professional integrity, innovation and courtesy, and commitment to private and business customers, who according to company strategy are the focus of operations. Cal offers a range of financial tools and innovative non-banking credit products under the slogan “Making it Easy” (“cal” in Hebrew means easy). Cal brings accessibility to the financial world, perceived as complex, and makes it simple and easy. To serve customers in the most suitable way, Cal is customer-focused, and provides end-to-end service to all customer segments.
Cal – For Private Customers
Cal offers private customers non-bank credit solutions and innovative services, and strives to develop and apply technological platforms for next generation payment means. Below are some of the leading credit and service solutions:
CalStore – Service and sales points in malls for issuing cards, joining the Cal club and “enabling on the spot” issue of credit cards as well as other financial services.
CalChoice – Enables customers to choose how much and when to pay, allowing better control of expenses.
Fixed Monthly Debit – Enables customers to set a monthly amount to be charged, according to income and expenses.
All Purpose Loan – In 3 days without guarantors and form-filling.
Loan Without a Card – For all banks’ customers without guarantors, unconnected to existing credit lines.
Designed Cards – The only company allowing personal card design from a range of design categories.
Loyalty Programs & Customer Benefits:
Easy Weekend – Benefits program based on a wide range of 1+1 deals: shows and music, breakfasts for couples, attractions and children’s shows.
CalFix – Refund of up to NIS 1,000 annually on monthly electricity, cable TV, mobile, pharmacy, food and fuel bills.
You – A joint club with Alon Group that provides discounts and refunds on food and fuel.
PowerCard – Cash refunds at Home Center, Mega Sport, April, Beitili, Toys-R-Us, Celio and more.
Cal365 – Benefits and cash refunds on purchases at Hamashbir Group’s Club365.
Cal-H&O Club – Fixed and seasonal discounts at the H&O chain.
Cal Miles & More – Collecting miles at Lufthansa and subsidiaries without expiry date.
Cal also offers clubs and cards tailored to customers’ lifestyles such as: police funds, El Al frequent flyers, students’ clubs, and Chamber of Commerce members.
Diners is marketed exclusively in Israel by Cal, and aimed at those seeking added value from culture and leisure.
Diners High Miles – For flyers and business people can be converted at El Al at an attractive rate with access to Diners lobbies worldwide and varying benefits in leisure and flights.
Diners Fine & Dine – For those with gourmet taste, offers discounts at restaurants, B&B and spas.
Diners Dynamic – For sport and health fans with discounts at sports events, sports stores, fitness clubs and sports medicine.
Visa Infinite is Visa Europe’s most prestigious card offering concierge, preferred conversion rates, broader family insurance etc. to the “uppercrust” customers.
Cal in Businesses
Cal clears Visa, MasterCard, Diners and IsraCard cards and provides businesses a marketing package and range of complementary credit services:
Cal POS – Payments app allowing credit card clearing simply, safely and conveniently from smartphones and tablets by swiping a card through a small device connected to the earphone socket.
Cal Business – A management tool providing, in real-time, precise and focused business data analysis for businesses clearing with the company. Helps analyze business processes, and plan future steps.
Cal Profit – Benefits program for businesses where the owner accumulates benefits for the business world in direct proportion to Cal clearing activities.
Discounted Credit Card Transactions – Improved cash flow by advancing credits on card slips.
Credit to Businesses – Loans and non-bank credit cards for businesses.
Factoring – Turns credit to cash by financing commercial debt.
Cal - Growing Together
Cal’s management sees its human capital as a strategic asset and makes major investment in hiring quality employees. Many of the company’s managers started at Cal and grew with the company.
Cal - in the Community
Cal places great importance on social involvement and working for the community by investing organizational resources rooted in volunteering by employees and management. This year Cal launched “Together with Cal” – a social responsibility project allowing every employee to choose to whom and how to contribute. Employees can think up, initiate and create unique activities as they see fit. Employees have created dozens of exciting activities, generating tears and smiles including bar and batmitzvah parties in boarding schools, game rooms in pediatric hospitals, and activities for Zionism, excellence for youth-at-risk, award events for combat soldiers and more.