VISA Platinum Credit Card
Benefits
- Card can be issued with in-kind warranty or personal guarantee.
- Card usage in both local and international purchase transactions and cash withdrawals in addition to payment in Egyptian pound.
- The flexibility to use100% 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 57 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.
- Promotions and discounts in the fanciest shopping centers inside and outside Egypt. For more details kindly download Visa Explore application.
- Purchases protection service; offered to Platinum Visa Cardholders to protect their purchase against theft and damage for up to 365 days as of the date of purchase. Access to VIP lounges in more than 25 Airports around the world, for further information please visit: https://www.loungekey.com/visaplatinummena
- Extended warranty period; warranty period for all the purchases purchased with platinum visa credit card extends up to one year maximum
- Enjoy several benefits and services during travelling including medical and legal services in addition to other services all over the world
- 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 or 12 months for purchases at many merchants Click here to view list of merchants
- Purchasing using Contactless technology to make your shopping safe, fast and easy
- Earn reward points through domestic and international spends ,which can be redeemed through the following:
- Travelling All Over the World (Airline Tickets- Hotels-Car Rent)
- Electronic vouchers for purchases made at any of BM partner merchant outlets.
- Attaining many special products from BM partner merchant outlets through visiting BM Rewards Club website, which will couriered to your registered address
- Recharging Mobile Credit
- Ability to redeem the value of the point to cash transfer to your credit card
- To register and manage your points, please visit: www.bmrewardsclub.com or call 19888
Usage limits
|
Limit |
Details |
|
Limit of Online Purchasing Inside Egypt |
Within the card credit limits with Maximum 400000 EGP per Month with a limit of 8 times daily |
|
Limit of Online Purchasing Outside Egypt |
According to the applied limit of outside usage for the card |
|
Contactless Purchase limit without PIN |
600 EGP per transaction or equivalent foreign currency |
|
Number of Maximum contactless transaction limit without PIN |
10 transaction |
|
Local purchase transactions |
Within the credit limits of the card |
|
International purchase transactions |
1500 $ Monthly |
|
Local cash withdrawals (ATM) |
EGP 20000 Daily: EGP 16000 from BM ATMs EGP 4000 from Other Banks' ATMs |
|
P.O.S cash withdrawal from BM Branches |
with max limit 150000 Daily |
|
International cash withdrawals |
400 $ Monthly |
Credit Limit
-
Enjoy credit limit starting from 25000 EGP up to less than 100000 EGP
Fees and charges
|
Fees and charges |
Details |
|
Issuance |
EGP 500 |
|
Renewal |
EGP 500 |
|
Supplementary cards issuance and renewal |
EGP 300 |
|
Reissuance of replacement for lost/damaged cards |
EGP150 |
|
Cash withdrawals through BM ATMs and P.O.S and Other banks’ machines within Egypt |
2% of the amount withdrawn with minimumEGP15 |
|
Inquiry about the available balance via BM ATMs |
Free |
|
Inquiry about the available balance via Other banks’ ATMs inside Egypt |
EGP1 per transaction |
|
Inquiry about the available balance via ATMs outside Egypt |
EGP 3 per transaction |
|
Interest rate |
2.5% monthly |
|
Penalty for delay |
EGP 50 |
|
Exceeding credit limit |
EGP 30 |
|
Cash withdrawals outside Egypt |
3% of the transaction’s value + EGP 50 per transaction |
|
Transactions outside Egypt (cash withdrawals – purchases) |
10% of the transaction’s value |
|
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 |
EGP 50 |
|
Printing certified transactions statement starting from the following month |
EGP 20 |
|
Requesting clearance letter, certificate of indebtedness or to whom it may concern letter |
EGP 50 |
Installment Services
|
Number of Months |
Interest Rate on purchases |
Interest Rate on cash withdrawal |
|
6/12/24/36 months |
2.1% per month on the basis of declining balance interest |
2.5% per month on the basis of declining balance interest |
In case the customer wishes to pay-on installment for a processed transaction, then the following procedures shall be applied:
- Cash withdrawal transaction is carried out through credit card according to the card available balance
- During the performance of cash withdrawal transaction BM call center will be contacted in order to request the installment of transaction.
- Early repayment fees of 4% are applied in case the customer has paid the value of his installment.
- Cash withdrawal charges calculated on the customer’s credit card and related to the amount requested to be paid-on installment will be refunded.
MasterCard Platinum Credit Card
Benefits
- Card can be issued with in-kind warranty or personal guarantee.
- Card usage in both local and international purchase transactions and cash withdrawals in addition to payment in Egyptian pound.
- The flexibility to use100% 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 57 days.
- Offers you the lowest payment limit with 5% of the monthly usages.
- Access to VIP lounges at a number of the International Airports contracted with MasterCard
- 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.
- promotions and discounts in the fanciest shopping centers inside and outside Egypt. For more details kindly download MasterCard buy 1 get 1 application. This is in addition to various services offered through the application of MasterCard For You.
- Protecting Platinum MasterCard purchases against theft and damage for up to 90 days as of the date of purchase (the date proved within the purchase bill), for further information about the terms and conditions please visit: http://www.banquemisr.com/en/smes/cards/Documents/CC%20Platinum%20Insurance%20TCs%20Egypt%20EN.pdf
- 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 or 12 months for purchases at many merchants Click here to view list of merchants
- Purchasing using Contactless technology to make your shopping safe, fast and easy
- Earn reward points through domestic and international spends ,which can be redeemed through the following:
- Travelling All Over the World (Airline Tickets- Hotels-Car Rent)
- Electronic vouchers for purchases made at any of BM partner merchant outlets.
- Attaining many special products from BM partner merchant outlets through visiting BM Rewards Club website, which will couriered to your registered address
- Recharging Mobile Credit
- Ability to redeem the value of the point to cash transfer to your credit card
- To register and manage your points, please visit: www.bmrewardsclub.com or call 19888
Usage limits
|
Limit |
Details |
|
Limit of Online Purchasing Inside Egypt |
Within the card credit limits with Maximum 400000 EGP per Month with a limit of 8 times daily |
|
Limit of Online Purchasing Outside Egypt |
According to the applied limit of outside usage for the card |
|
Contactless Purchase limit without PIN |
600 EGP per transaction or equivalent foreign currency |
|
Number of Maximum contactless transaction limit without PIN |
10 transaction |
|
Local purchase transactions |
Within the credit limits of the card |
|
International purchase transactions |
1500$ monthly |
|
Local cash withdrawals (ATM) |
EGP 20000 Daily: EGP 16000 from BM ATMs EGP 4000 from Other Banks' ATMs |
|
P.O.S cash withdrawal from BM Branches |
with Mix. limit EGP 150000 daily |
|
International cash withdrawals |
$ 400 monthly |
Credit Limit
Fees and charges
|
Fees and charges |
Details |
|
Issuance |
EGP500 |
|
Renewal |
EGP500 |
|
Supplementary cards issuance and renewal |
EGP300 |
|
Reissuance of the replacement of lost /damaged cards |
EGP150 |
|
Cash withdrawals through BM ATMs and P.O.S and Other Banks’ machines within Egypt |
2% of the amount withdrawn with minimum EGP 15 |
|
Inquiry about the available balance via BM ATMs |
Free |
|
Inquiry about the available balance via Other banks’ ATMs inside Egypt |
EGP 1 per transaction |
|
Inquiry about the available balance via ATMs outside Egypt |
EGP 3 per transaction |
|
Interest rate |
2.5% monthly |
|
Penalty for delay |
EGP50 |
|
Exceeding credit limit |
EGP30 |
|
Cash withdrawals outside Egypt |
3% of the transaction’s value + EGP50 per transaction |
|
Transactions outside Egypt (cash withdrawals – purchases) |
10% of the transaction’s value |
|
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 |
EGP50 |
|
Printing certified transactions statement starting from the following month |
EGP20 |
|
Requesting clearance letter, certificate of indebtedness or to whom it may concern letter |
EGP50 |
Installment Services
|
Number of Months |
Interest Rate on purchases |
Interest Rate on cash withdrawal |
|
6/12/24/36 months |
2.1% per month on the basis of declining balance interest |
2.5% per month on the basis of declining balance interest |
In case the customer wishes to pay-on installment for a processed transaction, then the following procedures shall be applied:
- Cash withdrawal transaction is carried out through credit card according to the card available balance
- During the performance of cash withdrawal transaction BM call center will be contacted in order to request the installment of transaction.
- Early repayment fees of 4% are applied in case the customer has paid the value of his installment.
- Cash withdrawal charges calculated on the customer’s credit card and related to the amount requested to be paid-on installment will be refunded.
To Apply for a card, kindly click here
