Visa Infinite feature
Are you looking for a luxury travel experience and exclusive discounts?
Banque Misr Visa Infinite card is the perfect solution for you. Enjoy a wide range of exclusive benefits that make every trip an unforgettable experience.
Enjoy amazing discounts:
• 10% off on your stay at Orascom Development El Gouna hotels
• Up to 15% discount at a variety of luxury restaurants partnered with Visa.|
restaurant |
Percentage of the discount |
|
Umami |
10% |
|
Dara's Ice cream |
10% |
|
Brunch & Cake |
10% |
|
The Tap (with Brunch & Cake Group) |
10% |
|
Bocca |
5% |
|
Bongoyo |
10% |
|
TBS |
10% |
|
Dancing Goat |
10% |
|
Dolato icecream |
15% |
· 50% cash back on your London Cab rides, up to a maximum of EGP 800, valid for 5 trips per year.
· Enjoy a complimentary dessert at Baki Hospitality when you pay with your Banque Misr Visa Infinite Credit Card.
Exclusive Travel Services:
• Comprehensive Insurance Coverage: Get protection against baggage loss, flight delays, cancellations and medical costs while travelling.
• Discounts on bookings: Enjoy 8% discount on your bookings across Booking.com and great discounts on restaurants at airports around the world through the Visa Dine & Travel app.
• VIP Reception: Enjoy a private airport reception experience with YQ service
Why Banque Misr Visa Infinite?
• Unrivalled benefits: Enjoy a luxurious life full of luxury and comfort.
• Flexible payment: Use your card almost anywhere around the world.
• Security and protection: Enjoy the highest standards of security to protect your transactions.
*Unlimited free access to over 1000 lounge key airport lounges worldwide by downloading the Visa airport companion app from the App Store or Play Store. International E-commerce/POS purchases must be made annually after registration to continue enjoying free access.
Banking Benefits:
• Ease and convenience: Manage your credit card anytime and anywhere through the BM Online mobile banking application (transaction details - debt payment - bill payment ... etc)
• SMS Service: Enjoy SMS notifications immediately after every transaction you make with your credit card as well as a detailed monthly statement showing your card balance and minimum payment
• Installment flexibility: Manage your budget, purchases and cash withdrawals over periods of up to 36 months at competitive interest rates.
• Fast and secure shopping: Use contactless payment technology for faster and safer shopping.
• International usage: Enjoy the freedom to use your credit card anywhere in the world just two months after its issuance.
• Interest-Free Installments: Take advantage of interest-free installment offers at many merchants contracted with us for up to 60 months.
Rewards Program:
- Earn 8 points for every EGP spent on your purchases at restaurants, hotels and airlines inside and outside Egypt and 2 points for every EGP spent on your purchases inside Egypt.
- Automatic registration in BM Rewards Banque Misr Rewards program and get special rewards and offers.
- Your points can be used and redeemed for:
- Electronic vouchers E-Vouchers To be used by many distinguished merchants participating in the program.
- Cash Back for Your Credit Card.
To register and redeem your points, please visit the www.bmrewardsclub.com website or call 19888.
Usage limits
|
Usage limits |
Details |
|
Limit of Online Purchasing Inside Egypt |
Within the card credit limits with Maximum 800000 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 inside Egypt |
600 EGP per transaction with maximum 15 consecutive transaction |
|
Contactless purchase limit without pin outside Egypt |
Equivalent to 50 USD per transaction with maximum 15 consecutive Transaction |
|
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) |
100,000EGPmonthly |
|
Local cash withdrawals (ATM) |
EGP 30000 Daily: EGP 26000 from BM ATMs EGP 4000 from Other Banks' ATMs |
|
P.O.S cash withdrawal from BM Branches |
with max.limit 250000 |
|
International cash withdrawals (In case the customer has informed the bank of the travel) |
6,000 EGP monthly |
Credit Limit
|
For secured cards |
Starting from EGP 300000 to EGP 1000000 |
|
For unsecured cards |
Starting from EGP 300000 to EGP 1250000 |
Fees and charges
|
Fees and charges |
Details |
|
Issuance |
EGP8000 |
|
Renewal |
EGP 8000 |
|
Supplementary cards issuance and renewal |
EGP1000 |
|
Reissuance of a replacement for lost /damaged card |
EGP500 |
|
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 |
4% monthly |
|
Penalty for delay |
EGP 75 |
|
Exceeding credit limit |
EGP 75 |
|
Cash withdrawals outside Egypt |
3% of the transaction’s value + EGP 50 per transaction |
|
Commission for transactions outside Egypt (cash withdrawals – purchases) |
5% 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 |
| Upgraded credit cards fees | 50% of the issuance fees (first three years) |
Installment Services
|
Number of Months |
Interest Rate on purchases |
Interest Rate on cash withdrawal |
|
6/12/24/36 months |
3% per month on the basis of declining balance interest |
3.5% 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
