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.

Highlights: Extra Benefits: Useful Information:
  • Minimum Credit: LBP 5,000,000
  • Maximum Credit: LBP 50,000,000
  • Minimum Due Payment: 10% minimum LBP 75,000
  • Interest rate - Retail: 1.75% monthly
  • Interest rate - Cash: 2.25% monthly
  • Annual Membership Fee (Year 1): LBP 450,000
  • Renewal Membership Fee: LBP 450,000
  • Annual fees – supplementary card: LBP 300,000
  • Late payment fee: LBP 25,000
  • Printed Statement Fee: LBP 4,000 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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BDL Approval Letter Number: 321/17 Dated 29-04-2015
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