HSBC Mastercard Standard Credit Card

Enjoy convenience and flexibility, as well as security for your online transactions.

Benefits

With the HSBC Mastercard Standard Credit Card you'll get:

  • Accepted worldwide
    Make payments worldwide in more than 210 countries and get cash at locations internationally.
  • Flexible repayments
    Choose your payment and statement date at your convenience.
  • Extra security for your convenience
    Our Mastercard Standard cards are secured with Chip&Pin technology and you also get instant confirmation of your card transactions via free SMS service.
  • Up to 45 days grace period
    Get up to 45 days of grace period for all your non-cash transactions, in case you fully repay your statement balance.
  • Save money when you pay with your card
    Enjoy discounts at more than 100 sales and service centres in Armenia when you pay with your Mastercard Standard card.

Fees and charges

Fee or charge Amount
Card issuance fee Free of charge
Card account monthly service fee
AMD 1,000 monthly
Additional card issuance fee
Free of charge
Additional card monthly service fee
(charged in accordance with the primary card tariffs)
AMD 500
Annual nominal interest rate1
18%
Annual Percentage Rate
Starting from 21,01%
Encashment fee when using HSBC Bank Armenia ATMs and POS terminals
Free of charge
Encashment fee when using other ATMs and POS terminals within ArCa system
1.5% (minimum AMD 500)
Encashment fee when using other ATMs and POS terminals outside ArCa system
2.5% (minimum AMD 1 000 from ATMs, minimum AMD 3,000 from POS terminals)
Card to card money transfer (via ArCa website www.arca.am)
  • 0.75% of transfer amount will apply to transfers between "HSBC Bank Armenia" credit cards
  • 1.5% of transfer amount will apply to transfers from "HSBC Bank Armenia" credit cards to other payment cards within ArCa system
Card reissuance fee
AMD 5,000
Card PIN unblock fee
AMD 1,000
Charge slip retrieval
AMD 8,0002
Dispute of genuine transaction
AMD 15,000
Card limit permanent and temporary review
Free of charge
SMS service
Free of charge
Monthly statement delivery (within Armenia)
Free of charge
Fee for each copy of card account statement (if earlier than 6 months)
AMD 3,0002
Late payment fee
10% of overdue amount
maximum AMD 20,000

Credit overlimit fee
10% of overlimit balance
maximum AMD 20,000

Fees and charges

Fee or charge Card issuance fee
Amount Free of charge
Fee or charge Card account monthly service fee
Amount AMD 1,000 monthly
Fee or charge Additional card issuance fee
Amount Free of charge
Fee or charge Additional card monthly service fee
(charged in accordance with the primary card tariffs)
Amount AMD 500
Fee or charge Annual nominal interest rate1
Amount 18%
Fee or charge Annual Percentage Rate
Amount Starting from 21,01%
Fee or charge Encashment fee when using HSBC Bank Armenia ATMs and POS terminals
Amount Free of charge
Fee or charge Encashment fee when using other ATMs and POS terminals within ArCa system
Amount 1.5% (minimum AMD 500)
Fee or charge Encashment fee when using other ATMs and POS terminals outside ArCa system
Amount 2.5% (minimum AMD 1 000 from ATMs, minimum AMD 3,000 from POS terminals)
Fee or charge Card to card money transfer (via ArCa website www.arca.am)
Amount
  • 0.75% of transfer amount will apply to transfers between "HSBC Bank Armenia" credit cards
  • 1.5% of transfer amount will apply to transfers from "HSBC Bank Armenia" credit cards to other payment cards within ArCa system
Fee or charge Card reissuance fee
Amount AMD 5,000
Fee or charge Card PIN unblock fee
Amount AMD 1,000
Fee or charge Charge slip retrieval
Amount AMD 8,0002
Fee or charge Dispute of genuine transaction
Amount AMD 15,000
Fee or charge Card limit permanent and temporary review
Amount Free of charge
Fee or charge SMS service
Amount Free of charge
Fee or charge Monthly statement delivery (within Armenia)
Amount Free of charge
Fee or charge Fee for each copy of card account statement (if earlier than 6 months)
Amount AMD 3,0002
Fee or charge Late payment fee
Amount 10% of overdue amount
maximum AMD 20,000

Fee or charge Credit overlimit fee
Amount 10% of overlimit balance
maximum AMD 20,000

Other conditions

Condition Amount
Maximum cash withdrawals per day
AMD 400,000
Number of cash withdrawals per day
Maximum 2
Maximum limit for each non-cash transaction
AMD 5,000,000
Total number of transactions per day (including cash and non-cash transactions and balance enquiries)
20
Lost card liability, after the customer has informed the Bank3
Up to AMD 25,000
Minimum payment due
10% of closing debit balance 
(minimum AMD 10,000)
Credit limit and currency4
From AMD 350,000 
to AMD 1,000,000
Grace (interest free) period5
Up to maximum 45 days (Maximum 15 days from the statement generation date)
Declined authorisation fee (applied by MasterCard) AMD equivalent of USD 0.25 (for each case)

Other conditions

Condition Maximum cash withdrawals per day
Amount AMD 400,000
Condition Number of cash withdrawals per day
Amount Maximum 2
Condition Maximum limit for each non-cash transaction
Amount AMD 5,000,000
Condition Total number of transactions per day (including cash and non-cash transactions and balance enquiries)
Amount 20
Condition Lost card liability, after the customer has informed the Bank3
Amount Up to AMD 25,000
Condition Minimum payment due
Amount 10% of closing debit balance 
(minimum AMD 10,000)
Condition Credit limit and currency4
Amount From AMD 350,000 
to AMD 1,000,000
Condition Grace (interest free) period5
Amount Up to maximum 45 days (Maximum 15 days from the statement generation date)
Condition Declined authorisation fee (applied by MasterCard)
Amount AMD equivalent of USD 0.25 (for each case)

1Information regarding Annual Percentage Rate can be found here (PDF, 51KB)

2Inclusive of VAT.

3Refer to Section 7 of Card Products Terms & Conditions

4Applicable for individuals only

5Grace 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.

Important notes

  • No interest is calculated against the credit balance of card account
  • Cardholder's minimum age should be 18, maximum age 65
  • Mastercard Standard cards are valid for three years period. Cards are subject to renewal upon bank's discretion.
  • Credit card limit is provided with indefinite term. The limit, however, may be reviewed upon Bank's discretion.
  • From time to time the Bank may review the Card nominal rates in order to reflect market trends
  • All terms and charges related to products and services offered by HSBC Bank Armenia are subject to amendments and modifications with reasonable notice
  • The decision to issue a credit card is made and the card is delivered to the address specified by the  customer, during maximum 10 working days after the presentation of all necessary documents

Before signing the loan agreement, Individual bulletin to be provided as per Central Bank of Armenia Regulation 8/05  "On Business Conduct Rules of Financial Organizations".

Apply online

Apply in branch

Visit your nearest branch and speak to our staff, who would be delighted to help you.

Apply by phone

Call us: +374 60 655 000

Frequently asked questions

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Last updated on: 2/7/2019 06:21:05 AM