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Credit card

A credit card enables you to buy goods and services or withdraw cash for immediate use and then pay for the purchases at an affordable installment at a future date at an assigned revolving credit limit

Platinum Credit Card

A credit card enables you to buy goods and services or withdraw cash for immediate use and then pay for the purchases at an affordable installment at a future date at an assigned revolving credit limit

Some of the benefits

Interest free days

You get 55 interest free days, when you pay outstanding balance in full each month

Revolving limit

Funds becomes available to use again immediately you start paying

Extra at no cost

A secondary card for your family members at no extra cost

Insurance

Free credit protection plan on death or permanent disability
What you get
  • Access credit as and when you need it. Once you have your card, there is no need to wait for further application of a loan.
  • It is more accepted worldwide
  • Secure way of shopping online because it is Verified by Visa
  • 55 interest free days (if you decide to pay back your outstanding account balance in full each month (this excludes cash transactions, i.e. ATM withdrawals, foreign exchange).
  • It is safe and easier than carrying cash
  • A secondary card for your family members at no extra cost
  • Free travel insurance (for a Gold credit card)
  • Free credit protection plan on death or permanent disability
  • You can pay for goods and services immediately but spread the repayments over a longer period with minimum monthly repayments of 10% of your outstanding balance
  • Unlimited free card related SMS and monthly statements

 

What is Revolving credit limit?

A credit card is issued with an assigned revolving credit limit (1X net salary) and you may use the available credit if the minimum amount due is paid by due date.

You will have a set amount or “limit” on your card which is the maximum you’ll be able to use. As you start to pay back the outstanding amount, your “limit” of funds becomes available to use again.

What is the difference between a debit card and a credit card?

The main difference is that with a debit card the customer buys now and pays now off his own money, whereas with a credit card, the cardholder has accesses money from the bank on credit to buy now and pay later

What it costs
  • Card replacement fees 22,600
  • Conversion Fees 2%
  • Loan origination fees: 2% of total loan amount (minimum Ugx 50,000).
  • Annual Interest rate: 38% for Gold cards and 39% for Silver cards
  • Insurance fees: As determined by pre-selected underwriters and vetted via existing procurement process.
  • Annual Card Fees: UGX169,500

Pricing guide

How to get it
  • You can apply for one at any of our nearest branches
  • It will be available for you within 7 working days.
  • You will need to have a current account with us.

If you do not have an account, you can open online. Click here

  • What you get
  • What is Revolving credit limit?
  • What it costs
  • How to get it
  • Access credit as and when you need it. Once you have your card, there is no need to wait for further application of a loan.
  • It is more accepted worldwide
  • Secure way of shopping online because it is Verified by Visa
  • 55 interest free days (if you decide to pay back your outstanding account balance in full each month (this excludes cash transactions, i.e. ATM withdrawals, foreign exchange).
  • It is safe and easier than carrying cash
  • A secondary card for your family members at no extra cost
  • Free travel insurance (for a Gold credit card)
  • Free credit protection plan on death or permanent disability
  • You can pay for goods and services immediately but spread the repayments over a longer period with minimum monthly repayments of 10% of your outstanding balance
  • Unlimited free card related SMS and monthly statements

 

A credit card is issued with an assigned revolving credit limit (1X net salary) and you may use the available credit if the minimum amount due is paid by due date.

You will have a set amount or “limit” on your card which is the maximum you’ll be able to use. As you start to pay back the outstanding amount, your “limit” of funds becomes available to use again.

What is the difference between a debit card and a credit card?

The main difference is that with a debit card the customer buys now and pays now off his own money, whereas with a credit card, the cardholder has accesses money from the bank on credit to buy now and pay later

  • Card replacement fees 22,600
  • Conversion Fees 2%
  • Loan origination fees: 2% of total loan amount (minimum Ugx 50,000).
  • Annual Interest rate: 38% for Gold cards and 39% for Silver cards
  • Insurance fees: As determined by pre-selected underwriters and vetted via existing procurement process.
  • Annual Card Fees: UGX169,500

Pricing guide

  • You can apply for one at any of our nearest branches
  • It will be available for you within 7 working days.
  • You will need to have a current account with us.

If you do not have an account, you can open online. Click here