HSBC Armenia - Homepage
MasterCard Platinum Card
MasterCard Platinum Card is one of the most prestigious credit card in the World, and grants the cardholder exclusive benefits - travel insurance for customers travelling abroad, Priority Pass giving access to airport lounges in over 600 airports around the world, and more.
| Fees and Charges | |
| Card issuance fee | Free |
| Card account monthly service fee | AMD 10,000 monthly or AMD 120,000 per annum1 |
| Additional card issuance and service fee | Free |
| Interest rate2 | 1.8% monthly |
| Encashment fee when using HSBC Bank Armenia ATMs | 1.5% (minimum AMD 500) |
| Encashment fee when using other ATMs | 2% (minimum AMD 1,000) |
| Emergency cash advance fee (up to USD 1,000) | AMD 50,0003 |
| Card to card money transfer (via ArCa website www.arca.am ) |
0.5% of transfer amount |
| Card reissuance fee | AMD 5,000 |
| Emergency card replacement | AMD 75,0003 |
| Card account unblock fee | Free |
| Charge slip retrieval | AMD 8,000 |
| Dispute of genuine transaction | AMD 15,000 |
| 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 3,0004 |
| Late payment fee | 10% of overdue amount |
| Credit overlimit fee | 10% of overlimit balance |
| Other conditions | |
| Maximum cash withdrawals (per day) | 40% of credit limit or AMD 500,000, whichever is higher |
| Number of cash withdrawals (per day) | Maximum 3 |
| Maximum limit for each non-cash transaction | AMD 10,000,000 |
| Lost Card liability after the customer has informed the Bank5 | up to AMD 25,000 |
| Minimum payment due | 10% of closing debit balance (minimum AMD 10,000) |
| Fee for emergency activation of credited amount on Card account | AMD 3,000 |
| Credit limit and currency | Minimum AMD 1,000,000 Maximum AMD 5,000,000 |
| Declined authorisation fee (applied by MasterCard) | AMD equivalent of USD 0.25 (for each case) |
| Priority pass to airport lounges | AMD 20,000 per visit6 |
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 MasterCard Platinum Card there is always a benefit
- A business card to the world, can be used both locally and when abroad
- Free travel insurance for customers travelling abroad
- Priority Pass giving access to airport lounges6 in over 600 airports around the world
- Enjoy the instant and international recognition at over 25 mln locations, in 210 countries
- Get cash at more than 1 mln ATMs in 210 countries and more than 600 ATMs in Armenia
- Emergency cash advance (upto USD 1,000) within 2-24 hours outside of Armenia
- Emergency card replacement within 48 hours outside of Armenia
- Flexible repayment - buy now and choose when and how to pay
- Get confirmation of Your Card transactions via SMS
- Enjoy a credit limit to suit Your needs
- 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 period7
- Enjoy discounts at more than 200 merchants and service providers.
1 Annual service fee is charged upfront in the beginning of the year. The fee is not applicable for STATUS Customers.
2 Information regarding Annual Percentage Rate can be found here
3 For emergency cash advance within 2-24 hours and emergency card replacement within 48 hours outside of Armenia, please call (+1 636 722 711 1) MasterCard support
4 Inclusive of VAT
5 Refer to Section 7 of Card products terms and conditions
6 Refer to Priority Pass Airport Lounge Directory for the list and detailed information on airports and lounges
7 Grace period is applicable 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.
Depending on the day of month when the transaction has been posted to card account, duration of the grace period may vary.
