Credit Cards-i

Public Islamic Bank Credit Cards-i

No.

Types of Charges

Amount

Annual fees

Card Type	Principal	Supplementary
Visa/Mastercard Platinum-i	RM333.00	RM150.00
Visa/Mastercard Gold-i	RM150.00	RM100.00

Joining fee:

Principal

N/A

Supplementary

N/A

Effective Profit Rate

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No.	Payment Behaviour	Effective Profit Rate
a.	With prompt minimum payment for 12 months within 12 consecutive months.	15% p.a. of the total outstanding balance.
b.	With prompt minimum payment for 10 months and more within the last 12 consecutive months.	17% p.a. of the total outstanding balance.
c.	Credit cardholders who do not meet the above criteria.	18% p.a. of the total outstanding balance.

Note: The tiered Profit Rate is only applicable to the outstanding balances arising from Non-Cash Withdrawal Transactions. Balances accrued from Cash Withdrawal will be charged an Effective Profit Rate at 18% p.a. Effective Profit Rate is calculated on the outstanding balances on a daily basis.

Cash Withdrawal Fee

Visa

Local: RM4.90 + 0.39% of the total Cash Withdrawal amount
Overseas: RM5.10 + 0.65% of the total Cash Withdrawal amount

Mastercard

Local: RM1.20 + 0.01% of the total Cash Withdrawal amount
Overseas: RM3.80 + 0.29% of the total Cash Withdrawal amount

Late Payment Charges

Failure to make the Minimum Payment by the Due Date, a further charge of a minimum of RM10.00 or 1% of total outstanding balance (retail transactions and cash withdrawal only) as at statement date, whichever is higher, capped to a maximum of RM100.00, shall be debited to the Card Account.

Minimum Monthly Payment

5% of the total Current Balance together with the total amount of Monthly Instalment (if any) and the whole amount in excess of the Credit line (if any) or a minimum of RM50, whichever is higher.

Grace Period for Retail Purchase

A 20-days’ Grace Period on all retail purchases, provided all outstanding balances of the previous month, as per the monthly statement, are fully settled within the due date. Where the Grace Period is not applicable, Profit Rate as per the applicable tiered rate per month will be levied on retail purchases from the posting day of the purchase.

Note: Retail purchases exclude Cash Withdrawal, Balance Transfer and any other credit plans.

Conversion of Overseas Transaction

Transactions incurred will be converted to Ringgit Malaysia using US Dollar as the base currency on the date the item is received and/or processed at such exchange and at such time as may be determined by Visa International/MasterCard Worldwide at its absolute discretion plus foreign exchange spread of 1.25%. The exchange may differ from the rate in effect on the date of the transaction due to market fluctuations. Such rate imposed shall be final and conclusive and the Cardmember shall bear all exchange risks, losses, commission and other bank charges which may thereby be incurred.

Sales Draft Retrieval Fee

RM15.00 per set

Monthly Hardcopy Statement Fee

RM1.00 per hardcopy statement

The Monthly Hardcopy Statement Fee is excluded for senior citizens (60 years old and above), disabled Cardmembers and Cardmembers facing difficulties accessing their E-Statements.

Additional Statement Request Fee

RM5.00 per request

Credit Card Service Tax

RM25.00 per annum on the Principal Card; and RM25.00 per annum on each Supplementary Card

PB Visa Direct Service Fee

RM10.00 per transaction

Fees & Charges

Deposit Rates

Financing Rates