Payce Digital Card Visa Classic

Barbados' Original Revolving Credit Card

Payce Digital (formerly Cave Shepherd Card) has been in the Barbadian market for over 40 years, making it the oldest revolving credit product on the island. Rebranded in 2021, the Visa Classic card is their core offering — a straightforward, no-frills credit card.

Fee Breakdown

• Annual fee: BBD $40 — the lowest annual fee of any credit card in Barbados
• Purchase rate: 22% APR
• Cash advance fee: BBD $5 per transaction (4% rate)
• Late payment fee: BBD $20
• Over-limit fee: BBD $20
• Additional card fee: BBD $20

Who This Card Is For

The Payce Digital Visa Classic makes sense if you want a low-cost credit card for everyday purchases in Barbados without paying for travel rewards or cashback programmes you won't use. At BBD $40 per year, the annual fee is roughly a third of what you'd pay for a Scotiabank Gold Mastercard (BBD $115) or a CIBC Visa Classic (BBD $75).

What You Get

• Visa acceptance at merchants across Barbados and worldwide
• Low barrier to entry compared to bank-issued credit cards
• No frills, no confusion — no points to track, no reward tiers to manage

What to Watch Out For

• Mandatory creditor life insurance adds to your effective cost
• No rewards programme — no cashback, no travel points, no welcome bonus
• 22% purchase rate — carrying a balance is expensive, as with most cards in Barbados
• Over-limit fee was recently increased from $0 to BBD $20 (October 2025)

The Bottom Line

This card won't earn you flights or cashback. What it does is give you a Visa card with the lowest annual fee in Barbados. If you pay your balance in full each month and just need a card for online shopping, subscriptions, or everyday purchases, the Payce Digital Visa Classic keeps costs minimal.