Bank Hapoalim Caps Dollar Rate for Israeli Cardholders to Mitigate Currency Fluctuations
Bank Hapoalim has announced a new initiative to cap the US dollar exchange rate at NIS 2.89 for eligible Israeli cardholders during the summer travel season. This program, which runs from June 15 to August 31, aims to protect customers from currency fluctuations on international online purchases, overseas retail transactions, and foreign ATM withdrawals. To benefit from this offer, customers must register in advance through the bank's online campaign portal. The initiative is available to private individuals and non-corporate business clients with active bank-issued credit or debit cards. If the dollar rises above NIS 2.89, the bank will absorb the difference and reimburse the customer. Conversely, if the dollar falls below this threshold, customers will receive the lower market rate. The cap applies to a cumulative monthly volume of $5,000 per customer, or a total of $15,000 throughout the campaign period. 
