Commission Tariffs and Rates
Payment Cards
|
Payment Cards * |
|||||
|
Services delivered |
MasterCard Standard / Visa Classic |
MasterCard Gold |
Visa Business |
VISA Infinite |
|
|
Card issuance |
0 |
0 |
0 |
0 |
|
|
Annual service fee |
AMD 5,000 |
AMD 15,000 |
AMD 10,000 |
AMD 100,000 |
|
|
For foreign non-resident individuals who became clients of the Bank after 24.02.2022: In the case of a Visa Business card – annual card service fee for individual entrepreneurs and legal entities with foreign citizenship registered in Armenia.[1] |
AMD 15,000 |
AMD 45,000 |
AMD 30,000 |
AMD 300,000 |
|
|
Supplementary card issuance |
0 |
0 |
0 |
0 |
|
|
Annual fee for supplementary card service[2] |
AMD 3,000 |
AMD 10,000 |
AMD 7,000 |
AMD 70,000 or free of charge for Visa Gold |
|
|
Required minimum balance |
0 |
0 |
0 |
0 |
|
|
Annual interest accrued on card account balance, % |
|||||
|
Up to AMD 5 mln |
0 % |
0 % |
0 % |
1.5% |
|
|
Equal to or over AMD 5 mln |
1 % |
1 % |
1 % |
2% |
|
|
Foreign currency |
0 % |
0 % |
0 % |
0 % |
|
|
Cash withdrawal using Bank's ATMs and POS-terminals[3] |
AMD |
0.2%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.2% |
1% |
|
|
USD and Euro |
0.5%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.5% |
1%[4] |
||
|
Other currency |
0.3%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.3% |
1% |
||
|
Cash withdrawal using ATMs and POS-terminals of other ArCa member banks [5] |
0.8% |
0.8% |
0.8% |
1.2%[6] |
|
|
Cash withdrawal using ATMs and POS-terminals of foreign or non-ArCa member banks [7] |
1%, min AMD 1,500 |
1%, min AMD 1,500 |
1%, min AMD 1,500 |
1.5%, min AMD 2,500 [8] |
|
|
Cash withdrawal from card account in Bank's premises [9] [10] [11] |
AMD |
0.2%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.2% |
1% |
|
|
USD and Euro |
0.5%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.5% |
1% |
||
|
Other |
0.3%. Free of charge for monthly cash withdrawals of up to AMD 1,000,000 with MasterCard Standard and Gold cards. |
0.3% |
1% |
||
|
Cashless payments in stores using POS-terminals of the Bank and other banks |
0 |
0 |
0 |
0 |
|
|
Card blocking |
0 |
0 |
0 |
0 |
|
|
Card unblocking (in case of wrong PIN or CVV input) |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
|
|
Expired card replacement |
0 |
0 |
0 |
0 |
|
|
Card replacement if lost, damaged or PIN-code lost |
AMD 3,000 |
AMD 10,000 |
AMD 5,000 |
AMD 30,000 |
|
|
Application for issuance of new PIN-code |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
|
|
Monthly account statement |
0 |
0 |
0 |
0 |
|
|
Account statement for a period over 1 month [12] |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
0 |
|
|
Account crediting using ATMs (ATM-CASH-IN) of ArCa-member banks |
0.6 % |
0.6 % |
0.6 % |
0.6 % |
|
|
Transactional SMS |
Transactions up to AMD 5,000[13] |
AMD 20 |
AMD 20 |
AMD 20 |
AMD 20 |
|
Transactions exceeding AMD 5,000 |
0 |
0 |
0 |
0 |
|
|
Penalty for overspending |
20 % per year |
20 % per year |
20 % per year |
20 % per year |
|
|
Card-to-card transfers using ATMs |
|||||
|
Transfer to a Bank payment card [14] |
0.3% |
0.3% |
0.3% |
1% |
|
|
Transferring money to payment cards of other ArCa-member banks and banks working with ArCa via H2H channel [15] |
0.5% |
0.5% |
0.5% |
1.2% |
|
|
Transferring funds via EvocaTouch/EvocaOnline within the Bank |
To same currency card |
0% |
0% |
0% |
1% |
|
To another currency card |
0.3% |
0.3% |
0.3% |
1% |
|
|
Transferring funds via EvocaTouch/EvocaOnline to payment cards of other ArCa-member banks and banks working with ArCa via H2H channel |
0.5% |
0.5% |
0.5% |
1.2% |
|
|
Fee for review of credit limit request |
AMD 2,000 |
AMD 2,000 |
AMD 2,000 |
0 |
|
|
Fee for review of credit limit increase request |
AMD 1,000 |
AMD 1,000 |
AMD 1,000 |
0 |
|
|
Maximum cash withdrawal limit |
AMD 1,000,000 |
AMD 2,000,000 |
AMD 1,000,000 |
AMD 5,000,000 |
|
|
Maximum number of daily cash withdrawal transactions |
10 |
10 |
10 |
20 |
|
|
Maximum transaction amount for a single cash withdrawal via ATM |
Minimum AMD 300,000 (depending on the type of ATM) | ||||
|
Fee for increasing daily limit of cash withdrawal transactions or their amount for the entire period of card validity. |
|||||
|
Changes in limits of cash withdrawal up to AMD 5 mln |
AMD 2 900 |
AMD 2 900 |
AMD 2 900 |
0 |
|
|
Changes in limits of cash withdrawal equal to or more than AMD 5 mln |
AMD 4 900 |
AMD 4 900 |
AMD 4 900 |
0 |
|
|
Card transactions appeal fee [16] |
AMD 5,000 |
AMD 5,000 |
AMD 5,000 |
AMD 5,000 |
|
|
Expired card service fee |
AMD 2000 per month, if funds are insufficient, at the amount of account balance. |
||||
|
Maximum limit and number of cash withdrawal transactions per day from ATMs and cash points |
||||||||
|
|
Amount |
Quantity |
Amount |
Quantity |
Amount |
Quantity |
Amount |
Ք/Կ |
|
AMD |
1,000,000 |
10 |
2,000,000 |
10 |
1,000,000 |
10 |
5,000,000 |
20 |
|
USD |
2,000 |
10 |
3,000 |
10 |
2,000 |
10 |
10,000 |
20 |
|
Euro |
2,000 |
10 |
3,000 |
10 |
2,000 |
10 |
10,000 |
20 |
|
RUB |
150,000 |
10 |
200,000 |
10 |
150,000 |
10 |
750,000 |
20 |
* MasterCard Standard, Visa Classic, MasterCard Gold, Visa Gold and VISA Infinite payment cards are issued to individuals, and Visa Business payment cards issued to legal entities.
Service fees for transactions implemented using a card account with additional (grace) period credit limit (overdraft) (without using the payment card) are set in accordance with Payment card fees as specified in this section (the fee will apply only to payment cards issued after 01/06/2018).
Fees for issuing and servicing salary cards are specified in the agreement made with the cardholder’s employer. Based on a decision of the Bank’s Management Board, other terms and fees may be established as well.
[1] The 5-year service fee for the card is charged as a one-time payment at the moment of card issuance.
[2] For servicing foreign citizens, the fee is fivefold higher than the one mentioned herein, additional cards will be issued on condition of upfront payment of a three-year service fee.
[3] For cards with additional (grace) period credit limit (overdraft) - 1%.
[4] The fee will apply to any types of additional cards tied to Visa Infinite card.
[5] For card with additional (grace) period credit limit (overdraft) - 1.5 %.
[6] The fee applies to any types of additional cards tied to Visa Infinite card.
[7] For cards with additional (grace) period credit limit (overdraft) – 1,5%, min AMD 2,500.
[8] The fee for VISA Infinite payment cards will apply also to any additional cards tied to VISA Infinite card.
[9] The fee for VISA Infinite payment cards applies also to transferring money from VISA Infinite card account.
[10] For cards with additional (grace) period credit limit (overdraft): AMD - 1%, foreign currency - 1%. The fee applies also to transfers from card account with additional (grace) period credit limit (overdraft).
[11] The fee for VISA Infinite payment cards will also apply to any additional cards tied to VISA Infinite card.
[12] Fees include VAT.
[13] SMS fees will apply also to declined transactions, irrespective of the transaction amount.
[14] For cards with additional (grace) period credit limit (overdraft) - 1%.
[15] For cards with additional (grace) period credit limit (overdraft) - 1.5%.
[16] Will be charged only in cases when as a result of disputing the transaction it was revealed that the transaction was made by the customer or as a result of violation by the customer of card rules.
|
Service fees for payment cards issued by other banks (except MIR cards) |
|
|
Services delivered |
Cash withdrawal using cards issued by non-ArCa member banks other than those working with ArCa via H2H channel (except MIR cards) |
|
Cash withdrawal from Bank’s ATMs |
1% - service fee |
|
Cash withdrawal using Bank’s POS-terminals |
2% - service fee |
|
Service fee for local card-to-cards transfers |
|
|
Using Bank’s POS-terminals |
|
|
Transactions using Bank’s cards |
0 |
|
Using cards of ArCa-member banks and those working with Arca processing center via H2H channel |
0.5% |
|
Fee for Visa Direct and Money Send via Bank’s vPOS-terminals |
|
|
Bank’s ArCa, Visa and Mastercard transfer fee |
|
|
Visa Direct |
Mastercard Money Send |
|
1.0 % (service fee) + Bank’s card-to-card fee for the given card (min AMD 1,000) |
1.0 % (service fee) + Bank’s card-to-card transfer fee for the given card (min AMD 1,000) |
|
Daily limit of card transactions in terms of their number and amount |
|
|
Maximum amount of a single transaction |
AMD 250,000 |
|
USD 500 |
|
|
Euro 400 |
|
|
RUB 6,000 |
|
|
Transaction number limit per day through the given payment system |
5 |
|
Transaction amount limit per day through the given payment system |
AMD 1,000,000 |
|
USD 2,000 |
|
|
Euro 1,600 |
|
|
RUB 26,000 |
|
