• Incomparable issuing fees.
• Source of repayment: cash deposited by cardholders or standing orders from account.
• Tenor: two years.
• Grace period: 57 days.
• Minimum payment is 5% of the statement balance, which must be settled during the grace period.
• Competitive interest rates.
• Cash advance transaction Limit: 20000 L.E per day, or 3600 Us$ (or its equivalent in foreign currency).
• Platinum Cards Credit Limit: 100000 - 250000 L.E
For Depositors:
• Limit is 90% of time deposit, saving account or certificate of deposit.
For Employees:
• Maximum Card Limit: 3x net monthly salary after all deductions or 2x gross monthly income.
• Minimum age of 21 and maximum of 59.
• Salary letter from HR.
For Self Employed:
• Maximum Card Limit: 2 x monthly average income.
• For self employed: commercial register or work permit, and annual tax declaration or certificate issued by acceptable audit or declaring income.
Documentation:
• Photocopy of a valid national ID for Egyptians, or copy of passport for Non Egyptians plus a valid residence visa or work permit.
• Recent utility bill (phone, gas or electricity) for resident address.
*All facilities are subject to bank approval