Mercantile Bank VISA Platinum International Credit Card
Mercantile Bank VISA Platinum International Credit Card

Mercantile Bank VISA Platinum International Credit Card

An Excellent Credit Card With Platinum Privileges

Key Product Features

Interest Rate 27.00%
Minimum Monthly Income BDT 50000
Balance Transfer Yes

Annual Fee 60$

Fees and Charges

Over limit fee
10$

Fee for supplementary holder
BDT 2400
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 days, 1.50% processing fee will be charged on total credit amount for one time.
Return cheque fee N/A

Card Replacement fees: $30 and Fee For Supplementary holder: $30.

Other Features

Islamic/Conventional Conventional
Credit Limit Min: BDT 300000
Max: BDT 500000
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: Yes
Luggage service: Yes
Other service: N/A

Eligibility

Min. Age Requirement: 21Years

Min. Monthly Income: BDT 50000


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 Platinum International Credit Card