Amex Platinum Reserve Credit Card

Amex Platinum Reserve Credit Card

City Bank PLC

Key Information

Annual Fee Free
Supplementary Card Fee ৳ 0
Interest Rate 0.00% – 0.00%
Min. Income ৳ 0
Credit Limit ৳ 3,000,000 - ৳ 10,000,000
Cashback Rate 0.00%
Card Network
Card Type

Features

City Bank American Express Platinum Reserve Credit Card

Particulars Amex Platinum Reserve Credit Card
Annual FeeBDT 50,000
Supplementary Card Annual Fee3 Cards Free; On-wards 50% of the primary annual fee
Card Replacement Fee (Primary Only)BDT 20,000
Captured Card Replacement Fee (Primary Only)BDT 20,000
Late Payment ChargesBDT 1,000
Cash Advance Fee (Local)BDT 150 or 2.5%
Cash Advance Fee (International)USD 4 or 2.5%
Over Limit ChargesBDT 1500
Monthly Interest Rate (Purchase & Cash Advance)2.08%
EMI Interest Rate (Monthly)0.99%
Statement Retrieval Fee Per StatementBDT 100
Cash Advance Limit50% of Credit Limit
Out of Town Cheque Collection FeeBDT 100
Markup3%
City Shield Coverage Fee0.40%
Balance Transfer Fee1% or BDT 1000 whichever is higher
Monthly Balance Transfer Interest Rate1.08%
CIB FeeBDT 100
e-statementFree (monthly)
SMS Notification FeeBDT 300 (Primary) and BDT 200 (Supplementary)
Minimum Due for Monthly RepaymentBDT 500 or 3% whichever is higher
Priority Pass Lounge Visit Bill (Per Visit Per Person)USD 35
Priority Pass Replacement FeeBDT 1,000
International Lounge Access FeeBDT 2,000 (Adult), BDT 1,000 (Child)
Domestic Lounge Access FeeBDT 700 (Adult), BDT 300 (Child)
Legal Notice FeeBDT 250
Early Settlement Fee0.5% of remaining balance
Processing Fee for Fund Transfer (CityTouch to CASA & MFS)BDT 100 or 2% whichever is higher
Fee for Fund Loading to MFS Wallet (Add Money)BDT 10 or 1% of transaction amount
Dedicated Relationship Manager Service Fee3% of transaction amount

Government Excise Duty on Credit Card

Card Balance Amount Charge
Up to BDT 300,000Nil
BDT 300,001 to BDT 500,000BDT 150
BDT 500,001 to BDT 1,000,000BDT 500
BDT 1,000,001 to BDT 10,000,000BDT 3,000
  • * Excise Duty will be applicable for both debit or credit balances.
  • * To calculate the highest balance in a single day, day end balance will be considered and in case of both debit balance and credit balance, system will net off the credit balance with the debit balance.
  • 1. 15% VAT will be charged as applicable
  • 2. Balance Inquiry / Mini Statement Fee BDT 5.00 (Inclusive of VAT) will be applicable for all ATMs other than City Bank ATMs & Q-Cash network ATMs.
  • 3. Flat interest rate will be used to calculate the interest payable for EMIs.
  • 4. Excise Duty will be applicable for both debit or credit balances
  • 5. To calculate the highest balance in a single day, day end balance will be considered and in case of both debit balance and credit balance, system will net off the credit balance with the debit balance.

Rules

  • 1. Will be applicable for the issued cards. Annual fee is imposed once the card is activated.
  • 2. First three supplementary cards are free. The mentioned charge is applicable for any supplementary cards after that.
  • 3. Per transaction BDT 150 or 2.5% whichever is higher.
  • 4. Per transaction USD 4 or 2.5% whichever is higher.
  • 5. Interest charges are imposed on the outstanding cash advance balance from the transaction date until full payment. If the total bill as per previous statement is not paid within payment due date, Interest charges on the retail transactions and fees will be imposed from the following day of last payment due date until full payment.
  • 6. 3% additional markup will be added at the time of settlement of any international transaction except USD and will be reflected on the monthly billing statement.
  • 7. Facility not valid for 2 months’ overdue card accounts. Cardmembers will be charged 0.40% City Shield Coverage Fee of total card statement balance.
  • 8. Transaction Alert Service will be provided to all Cardmembers and charges for SMS notifications will be applicable for both Primary & Supplementary Cards separately.
  • 9. On closing balance.
  • 10. Priority Pass lounge visit is complimentary for Primary Cardmember and two guests on each visit.
  • 11-12. Access fee for additional guest(s) per person at the City Bank American Express International & Domestic lounge in Hazrat Shahjalal International Airport.

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