Mercantile Bank Visa Card

Mercantile Bank Visa Card

Below is the information on the Mercantile Bank Visa Card.

FEES & CHARGES FOR VISA CARDS

Sl NoCard TypeCard FeeCard Replacement FeesLate Payment FeeOver limit FeeSupply card(1st Supply free)01.Classic Local750/+(15%vat)=862.50/-400/-250/-350/-375+ (15%Vat)02.Gold Local1500/-+(15%vat)=1725/-500/-250/-350/-750/-(15%Vat)03.Classic Int’l20$+(15% Vat)=23$10$10$10$04.Gold Int’l40+(15% Vat)=46$15$10$10$05.Platinum local5000/-+(15% Vat)=5750/-2000/-2502502500/- (From 1st supple)06.Platinum Int’l60$+(15% Vat)=69$30$10$10$30$+(15% Vat)= For ERQ07.Prepaid Local500/-+(15% Vat)=575/-500/-08.Prepaid int’l20$+(15% Vat)=23$$2009.Student Card Int’l15$+(15% Vat)=17.25$10.Treatment Card40$+(15% Vat)=46$11.Virtual Card15$+(15% Vat)=17.25$12.Debit Card500/-+(15% Vat)=575/-13.Student Debit Card100/- + (15% vat)=115/-

Debit card SMS charge/fee Tk. 150/-Credit Card Late Payment Fee Tk. 300/-Credit Card Interest Rate @2.08% per monthCredit Card Cheque Processing Fee @1.25% of Drawing Amount

PIN reissue fee:

Credit Card local Tk.230.00 including VATCredit & Prepaid Int’l Card US$10.00Debit, Prepaid local card Tk.230.00 including VAT

Eligibility:

Bangladeshi NationalsAge range for primary card holder is 21 years to 65 yearsAge range for supplementary card holder is 18 year to 65 yearsAge bar can be relaxed for secured cardsMinimum Gross Monthly Income(GMI) for silver card Tk 15,000Minimum 6 month permanent employment for salaried executives (this indicates total length of service as a total of all companies he or she has worked for), and 1 year of experience in business or practice for self employed professionals and business person