The Ithmaar Bank Corporate Credit Card was designed specifically for companies of all sizes, including SMEs, as well as business owners.
It offers a comprehensive suite of credit card services without compromising Islamic Sharia principles.
Benefits of your Ithmaar Corporate Credit Card:
- Maximum Credit limit of BD300,000.
- Corporate liability waiver which protects the company against unauthorised use of card by its employees, up to a maximum annual amount of $25,000 per cardholder*.
- Cash withdrawal transactions up to 20% of the credit limit.
- Minimum repayment of 5% of closing balance per month.
- Up to 55 days grace period for payment from the statement date.
- Secure code authentication that provides additional protection against fraud.
- Free access to selected airport lounges**.
- Immediate access to ATMs worldwide.
- Availability of the Mastercard Buy 1 Get 1 app with hundreds of complimentary offers throughout the Middle East & Africa across restaurants, cafes, entertainment etc.
- Automatic enrollment in the Mastercard programme which includes privileges and discounts from prestigious brands all around the world, visit www.priceless.com
- Enjoy 20% DHL shipping discount on daily business shipments, using code: MASTERCARD20
- Enjoy discounted Careem rides. Enter code: Mastercard
- VAT reclaim through DNATA for certain countries. Visit: www.dnata.com/en/travel
- Get the best corporate rates on business products and services from the world's leading brands. visit, www.gobusinessplus.com
*Terms & Conditions apply
** To view the lounges, visit www.mastercard.com/platinum
To download the interactive application form,click here
To download the interactive supplementary application form,click here
Fees & Charges
- No Membership fee.
- No Annual fee.
- BD 5.5 for replacement of the card.
- BD 2.2 for Replacement of PIN.
- Free of charge charge-back fee (for rejected claims only).
- BD 5.5 for Cash advance fee.
- BD 5 for Late payment fee. (payable to charity)
- 3% plus VAT Foreign exchange mark-up (all inclusive)
SME’s | Corporate | |||
---|---|---|---|---|
Min Account/Card Limit (BD) | BD 5,000 | |||
Max. Account Limit (BD) | BD 50,000 | BD 300,000 | ||
Account Monthly Fees | BD 500 | BD 3,000 | ||
Cash Withdrawal Limit | 20% of Card limit |