MasterCard Classic

MasterCard Classic
Classically practical.
Experience the dream of classic convenience. Get the IBL Bank Classic MasterCard Credit Card in LBP and enjoy access to up LBP 5,000,000 credit.

  • Minimum Credit: LBP 75,000
  • Maximum Credit: LBP 5,000,000
  • Minimum Due Payment: 10% minimum LBP 75,000
  • Interest rate - Retail: 1.75% monthly
  • Interest rate - Cash: 2.25% monthly
  • Cash ATM fee: 1.5% of amount with a min of LBP 7,500
  • Annual Membership Fee (Year 1): LBP 75,000
  • Renewal Membership Fee: LBP 75,000
  • Annual fees – supplementary card: LBP 75,000
  • Late payment fee: LBP 24,000
  • Printed Statement Fee: LBP 2,250 monthly
  • Electronic Statement Fee: Null
  • SMS Notification for 1,500 LL/month
  • Fraud insurance coverage - Card is 100% secured and covered with IBL Bank for only LBP 16,500/ year
  • Travel insurance accepted at all embassies for only LBP 1,500/month
  • 1% Cash Back Program: Client can cash back the points collected on all transactions done at any merchant point of sale
  • The card cycle end is fixed on the 25th of each month
  • The client will receive a sms message on the 26th notifying the minimum due
  • The client has a grace period of 14 days approximately to settle the due (on the 9th of M+1 of purchase date)

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