Visa Signature Card
Benefits
- Issued for all the customers at all the Bank branches.
- Can be issued either with real guarantee or personal guarantee.
- Valid for up to 3 years.
- Card usage in both local and international purchase transactions and cash withdrawals in addition to payment in Egyptian pound.
- The flexibility to use 100% of the card credit limit in cash withdrawals.
- Possibility of issuing a number of supplementary cards.
- The ability to use the card over the internet
- Enjoy the longest grace period up to 56 days.
- Offers you the lowest payment limit with 5% of the monthly usages.
- Card transactions can be paid through any of Banque Misr cash deposit ATMs.
- Card transactions can be paid at any of the BM branches available all over Egypt, and can be paid any day all over the 24 hrs. at any of BM branches located in Airports and Hotels.
- Various insurance programs that offer you protection and safety (travel inconvenience insurance – travel medical insurance – rental collision and loss damage waiver).
- VISA offers you a number of special benefits; for further details please visit Visa Signature|Visa(visamiddleeast.com)
- Free SMS service after each card transaction in addition to issuing a monthly transactions statement showing the debit value and minimum payment limit as well as credit card issuance or renewal.
- Installment payment for card purchase transactions and cash withdrawals up to 36 months with special interest rate.
- Enjoy interest-free installments up to 6,12,18,24,36 months for purchases from Banque Misr contracted merchants.
- Purchasing using Contactless technology to make your shopping safe, fast and easy
-
International usage is available after 2 months for credit cards following their date of issuance.
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Travel insurance services include coverage for lost luggage, delayed luggage, flight cancellation, and medical insurance during travel.
Spending limits
|
Usage limits |
Details |
|
Limit of Online Purchasing Inside Egypt |
Within the card credit limits with Maximum 400,000 EGP per Month with a limit of 20 times daily |
| Limit of Online Purchasing Outside Egypt
(In case the customer has not informed the bank of the travel) (within the monthly purchase limit outside Egypt) |
100,000EGP Monthly with a limit of 15 times daily |
|
Contactless Purchase limit without PIN |
50 USD per transaction or equivalent foreign currency with a limit of 15 times daily |
|
Local purchase transactions |
Within the credit limits of the card |
|
International purchase transactions (In case the customer has informed the bank of the travel) (E-commerce - POS)
|
300,000 EGP Monthly |
| International monthly purchase limit
(in case the customer hasn’t informed the bank of the travel) |
100,000EGP Monthly |
|
Local cash withdrawals (ATM) |
30,000 EGP daily 26,000 EGP from BM ATMs – 4,000 EGP from Non-BM ATMs |
|
P.O.S cash withdrawal from BM Branches |
with max. limit 250000 EGP daily |
|
International cash withdrawals (ATM & POS) (In case the customer has informed the bank of the travel)
|
6,000 EGP Monthly |
Credit Limit
- Enjoy credit limit starting from 100,000 EGP up to less than 300,000 EGP
Fees and charges
| Commissions and fees | Details |
|
Issuance fees for the first year |
2500 EGP |
|
Issuance fees the following years |
2500 EGP |
|
Supplementary cards issuance fees for the first year and the following years |
500 EGP |
|
Reissuance fees for the replacement of lost card |
500 EGP |
|
Reissuance fees for the replacement of damaged card |
500 EGP |
|
Charges of cash withdrawals through BM ATMs and P.O.S and Non BM machines within Egypt |
2% of the amount withdrawn with minimum 15 EGP |
|
Inquiry about the available balance via BM ATMs |
Free |
|
Inquiry about the available balance via Non BM ATMs inside Egypt |
1 EGP per each inquiry |
|
Inquiry about the available balance via ATMs outside Egypt |
3 EGP per each inquiry |
|
Interest rate |
4% monthly |
|
Penalty for delay |
50 EGP |
|
Fees for exceeding credit limit |
30 EGP |
|
Charges on cash withdrawals outside Egypt |
3% of the transaction’s value + 50 EGP per each cash withdrawal |
|
Commission for transactions outside Egypt (cash withdrawals – purchases |
5% of the transaction’s value |
|
Fees for disputing on any transaction through (Fax, Email or Call Centre) where it is proven that the customer is not entitled to dispute on such transaction |
50 EGP |
|
Fees for printing certified transactions statement starting from the following year |
20 EGP |
|
Fees for requesting clearance letter, certificate of indebtedness or to whom it may concern letter |
50 EGP |
| Upgraded credit cards fees | 50% of the issuance fees (first three years) |
Installment Services
|
Interest Rate on cash withdrawal |
Interest Rate on purchases |
Number of Months |
|
3.5% per month on the basis of declining balance interest |
3% per month on the basis of declining balance interest |
6/12/24/36 months |
To Apply for a card, kindly click here
