Bank Islam Master Cobrand Credit Card

Bank Islam Master Cobrand Credit Card

Bank Islam

MBSB-Bank Islam Credit Card

MBSB-Bank Islam Credit Card

Benefit

  • Based on the Shariah contract that is free from ‘Riba’ and ‘Gharar’
  • Profit margin is fixed for the whole tenure
  • Accept transactions from “HALAL” merchant only
  • Financing limit offered is at par with that offered by other card issuers
  • Latest SMART Chip Technology
  • No compounding elements
  • Zakat payments acceptance
  • Complimentary Group Family Takaful coverage (up to RM100,000) and funeral expenses of RM5,000 for principal cardholders for the whole period of contract.
  • Discounts on Mail Order Telephone Order (MOTO) Programme and Easy Payment Schemes

Annual Income – RM 18,000
Annual Fee – Annual fee is waived for pricinple card subject to a minimum of 12 transactions per annum. (Principle RM 60, Supplementary RM 30.)


Contract – Bai-Inah
Contract Length – 3 years
Eligibility – Principle 21 years old, Supplementary 18 years old

Joining FeeFree
Cash Advance FeeMinimum RM 12 or 2.5% – Bank Islam ATM
Minimum RM 50 or 3% – Other ATMs
Minimum Monthly RepaymentMinimum RM 50 or 5%
Over-limit FeeUnknown
Late Payment ChargeMinimum RM 5 or 1%, capped RM 50
Interest Free Period20 days
Card Replacement FeeRM 50
Conversion For Overseas TransactionsDetermined by MasterCard International
Sales Draft RequestRM 5 – Copy
RM 20 – Original
Statement RequestRM 5

For more information, please visit http://www.bankislam.com.my/

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