Corporate credit cards

Credit cards give you the opportunity to make purchases and to withdraw cash around the world, using not only your company's funds, but also the funds available from credit limit granted by the Bank, using interest-free (grace) period. A credit limit is granted to clients using a deposit held at the Bank as a security. You can apply for a corporate credit card by contacting your personal manager, or by visiting RCB Bank Ltd, Luxembourg Branch.

Advantages of the Bank’s corporate credit cards
  • Competitive commissions and charges;
  • Simplified reporting on credit cards allows facilitating work of your accounting department. You can pay by the card for all the expenditures associated with the business or principal activity of your company;
  • You can set different spending limits for each employee of your company and control their spending using statements of all transactions through 
    RCB Online Banking
     or by activating the SMS Notice service;
  • A grace period of up to 50 days allows you to make use of credit without paying interest;
  • A low and competitive interest rate once the grace period is over allows your company to cut down on its expenditure;
  • Setting a credit limit against the security of a deposit with the Bank means your company can make use of additional funds without losing interest on the deposit;
  • The minimum monthly payment is just 8% of the used credit limit, which means your company can clear debit balance efficiently;
  • Travel insurance;
  • Secure payments in the internet with 3D Secure service.
Charges for using the Bank’s credit cards
ChargesEUR
Main card annual fee 50 EUR
Supplementary card annual fee 50 EUR
Card re-issue/replacement 50 EUR
Card and PIN mailing to client’s address 70 EUR
Annual interest rate 10%
Annual interest rate on credit card during the grace period (up to 50 days)1 0%
Monthly interest on credit not repaid on time 2%
Commission for exceeding the established card’s credit limit 2% on excess amount
Commission for cash withdrawals from the ATMs of the Bank Free
Commission for withdrawals from the ATMs and cash points of other banks 3% (min. 3 EUR)
Foreign exchange commission (for non-Euro transactions) 2,5% on transaction amount
SMS-Notice Free
Daily transaction limit (set by default and may be changed upon client's request) 20.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client's request 10.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for cards with no SMS-Notice service activation - set by default and may be decreased upon client’s request 200 EUR
Daily cash withdrawal limit
(set by default and may be changed upon client's request)
1.000 EUR
Daily cash withdrawal limit from the ATMs of the Bank 1.000 EUR

1Grace period does not apply to cash withdrawal transactions.