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 worldwideMake payments worldwide in more than 210 countries and get cash at locations internationally.
- Flexible repaymentsChoose your payment and statement date at your convenience.
- Extra security for your convenienceOur 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 periodGet 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 cardEnjoy discounts at more than 100 sales and service centres in Armenia when you pay with your Mastercard Standard card.
| 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) |
|
| 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 |
| 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 |
|
| 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 |
| 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) |
| 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