Credit cards

Credit cards give you an opportunity to make purchases and withdraw cash around the world, using not only your own funds, but also the funds available from credit limit granted by the Bank for 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 credit card by contacting your account manager, or by contacting RCB Bank Ltd, Luxembourg Branch.

Advantages of the Bank’s credit cards
  • Competitive commissions and charges;
  • 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 you to reduce your expenditure;
  • Setting a credit limit against the security of a deposit with the Bank means you can make use of additional funds without losing interest on a deposit;
  • The minimum monthly payment is 8% of the used credit limit, which means you can repay an amount due efficiently;
  • Flexibility to adjust daily limits on card transactions quickly in order to purchase big-ticket items;
  • Free travel insurance for the cardholder and family members;
  • Secure payments in the internet with 3D Secure service.
Credit card fees and parameters
Credit card fees and parametersEUR
Main card annual fee Free
Supplementary card annual fee 20 EUR first and each consecutive card
Card re-issue/replacement Free
Card and PIN mailing to client’s address As per charges for courier
Annual interest rate 12%
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 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) 10.000 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.