Mercantile Bank VISA Classic Dual Credit Card
Mercantile Bank VISA Classic Dual Credit Card

Mercantile Bank VISA Classic Dual Credit Card

Best Classic Credit Card for Double Benefits.

Key Product Features

Interest Rate 27.00%
Minimum Monthly Income BDT 20000
For Govt. Employee 20000 , For Non-Govt Employee 25000
Balance Transfer Yes

Annual Fee 1600

Fees and Charges

Over limit fee
$10

Fee for supplementary holder
N/A
Vat on fees and charges
15%

Late Payment fees
10$
Other Charges
Cash advance charges N/A
Cash advance interest charges N/A
Cheque Advance / Withdrawal Charge After 45 days1.50% processing fee will be charged on total credit amount for one time.
Return cheque fee N/A

Card Replacement fee: $10 and 1st Supplementary card is completely free of cost. Cash Advance fee: USD 3 or 2% of transaction amount whichever is higher will be applicable for international transaction.

Other Features

Islamic/Conventional Conventional
Credit Limit Min: BDT 10000
Max: BDT 100000
Cash Advance / Withdraw Amount 50% of total credit limit within 24 Hours a day.
Cash back limit (Max) N/A
Reward points N/A
Expires: N/A
Protection Plan / Insurance Coverage N/A
InstaBuy / Installment Features N/A
Airport Lounge access: N/A
Luggage service: N/A
Other service: N/A

Eligibility

Min. Age Requirement: 21Years

Min. Monthly Income: BDT 20000
For Govt. Employee 20000 , For Non-Govt Employee 25000

Employment Eligibility
  • Salaried Employee
  • Self Employed/Businessman
  • Land Owner

Documents requirements

Salaried person:

  • Filled Application Form
  • Photo of the applicant.
  • Copies of E-Tin, Passport & Salary Certificate.
  • Bank Statement (Last 6 Month)
  • Visiting Card
  • Spouse Pone
  • Office ID
  • Holding Tax Paying Reaccept/ Utility bill copy
  • Two relatives reference with full address & phone number.

 

Business Person:

  • Filled Application Form
  • Photo of the applicant.
  • Copies of E-Tin, Passport
  • Partnership Deed
  • Bank Statement (Last 6 Month)
  • Spouse Pone
  • Holding Tax Paying Reaccept/ Utility bill copy
  • Two relatives reference with full address & phone number.

Other requirements

Minimum 1-year permanent employment for salaried executives and 2 year of experience in business or practice for self-employed professionals and business person.

Mercantile Bank VISA Classic Dual Credit Card