Credit Cards

Credit Card Chip and Pin – Contactless (MasterCard)

Credit Card transaction types

- Alternative way of paying - Purchases (card present and not present environment)
- Used for local and international cash withdrawals, purchases and online transactions- Cash advances
- Enable the cardholder to obtain goods, services or cash from a Master card or Visa merchant or acquirer (POS or ATM) - Membership (Example: Cable TV)
- Card connected with a credit limit - Utility payments
- Minimum payment 5% of the O/S balance and other benefits to cardholders - Up to 56 days Grace period - E-commerce payments


Credit card gold
Credit card standard/classic
Master card

Classic Card Golden Crad
Insurance fees Primary
Supplmentary
150
100
200
100
Renewal Fees Primary
Supplmentary
100
50
100
100
Crad Replcement/Reissues Fees Primary
Supplmentary
50
50
100
100
Interest Rate 2 % monthy = 24 anually
Minimum Payment 5 %
Grace Period 56 Days
Late Payment Fees 75 EGP Fixed
Over Limit Fees 50 EGP
Mark Up fee 3 %
Pin Reissue Fee 20 EGP
Cash Advance Fees 2 % with minimum amount 20 EGP(Local)
5 % with minimum amount 50 EGP
( International)
Cash Withdarwal Limit 10,000 EGP Daily
3000 EGP Per
Transaction
20,000 EGP Daily
3000 EGP Per
Transaction