HSBC Armenia - Homepage
ArCa Classic Card
ArCa Classic Card is designed to be used to make non-cash payments and cash withdrawals in Armenia only and internet payments/shopping at web sites displaying ArCa logo. In case of necessity the card can be provided with a credit limit to suit the customer needs.
| Fees and Charges | |
| Card issuance fee | Free |
| Card account monthly service fee | AMD 500 monthly or AMD 6,000 per annum1 |
| Additional card issuance fee | Free |
| Additional card monthly service fee | AMD 500 |
| Interest rate2 | 2% (monthly) |
| Encashment fee when using HSBC Bank Armenia ATMs | 0.5% (minimum AMD 300) |
| Encashment fee when using other ATMs | 1% (minimum AMD 500) |
| Card to card money transfer (via ArCa website www.arca.am) |
0.5% of transfer amount |
| Card reissuance fee | AMD 2,500 |
| Card account unblock fee | AMD 1,000 |
| Charge slip retrieval | AMD 5,000 |
| Dispute of genuine transaction | AMD 10,000 |
| Card limit permanent and temporary review | AMD 3,000 |
| SMS service | Free |
| Monthly statement delivery (within Armenia) | Free |
| Fee for each copy of card account statement (if earlier than 6 months) | AMD 3,0003 |
| Late payment fee | 10% of overdue amount |
| Credit overlimit fee | 10% of overlimit balance |
| Other conditions | |
| Maximum cash withdrawals (per day) | AMD 300,000 |
| Number of cash withdrawals (per day) | Maximum 2 |
| Maximum limit for each non-cash transaction | AMD 1,000,000 |
| Lost card liability, after the customer has informed the Bank4 | up to AMD 25,000 |
| Minimum payment due | 10% of closing debit balance (minimum AMD 5,000) |
| Fee for emergency activation of credited amount on Card account | AMD 3,000 |
| Credit limit and currency | Minimum AMD 100,000 Maximum AMD 500,000 |
Notes:
- No interest is calculated against the credit balance of card account.
- Chip and PIN cards are valid for three years period, other credit/payment cards for two year. Cards are subject to renewal upon bank's discretion.
- From time to time the bank may review the Card nominal rates in order to reflect market trends.
- The decision to issue a credit card is made and the card is delivered to the address specified by the customer during 10 working days after the presentation of all necessary documents.
With Your HSBC ArCa Classic Card there is always a benefit
- Get cash at more 600 ATMs in Armenia
- Flexible repayment - buy now and choose when and how to pay
- Get confirmation of your ArCa Classic Card transactions via SMS
- Flexibility in choosing a statement and repayment date
- Pay your utility bills from your computer, or any ATM operating within ArCa system
- Enjoy up to 45 day interest free period (in case of non-cash transactions and if the payment of the whole statement Closing Balance is received by the Bank on or before the Payment Due Date)
- Enjoy discounts at more than 200 merchants and service providers.
1 Annual service fee is charged upfront in the beginning of the year
2 Information regarding Annual Percentage Rate can be found here
3 Inclusive of VAT
4 Refer to Section 7 of Card products terms and conditions
