uab Visa Classic
uab Visa Credit Card offers convenience in payments and can be used at any Visa outlet both in Myanmar and over 160 countries globally.
Benefits
Exclusive discount up to 30%
15 days interest free period from statement date for full payment before due date
Accepted in over 60 million Visa merchants worldwide
How To Apply
- Age must be 21 years old and above.
- You can apply at the nearest uab bank branches.
Features
- Exclusive discount up to 30% at selected uab merchants
- Enjoy Visa discounts and offers worldwide for both retail and e-commerce
- Check your purchase transactions in real-time using uab mobile
- Minimum income of MMK 3.6 million per annum
Fees and Charges
| Category | uab Visa Classic |
|---|---|
| Issuing Fee | 10, 000 MMK (Supplementary Card : 5,000MMK) |
| Annual Fee | 30, 000 MMK (Supplementary Card : 15,000MMK) |
| PIN Re-issuance | 3,000 MMK |
| Card Lost/Replacement Fee | 10,000 MMK |
| Interest | 13% (p.a)* |
| Cash Advance | 2% of cash amount (min 3,000MMK) and 3.25% interest / month |
| Late Fee | A minimum of 10,000 MMK or 10% of total outstanding balance as at statement date (whichever is higher), up to a maximum of 20,000 MMK |
| Balance Enquiry (ATM) | 1,000 MMK |
| Balance Statement Enquiry (Over the Counter) | 3,000 MMK |
| Mark-up Fee | 3% for transactions made in foreign currency |
*Credit usage charges of 13% applies
Requirements
a) Personal Guarantee of one person with income (exempted for special cases)
b) Documents for Borrower & Guarantor
b) Documents for Borrower & Guarantor
- Application Form
- NRC Copy – Original to verify
- Copy of Passport
- Recent Passport Size Photo
- Copy of Household Registration Letter
- Recommendation from Head of Quarter
- 3 Months Bank Statement
- Certificate from Employer
- Pay Slip (not required , if salary is credited to bank account)
- Copy of Tax Book
- 6 Months Bank Statement
- Business License/ Company Registration
- DICA extract showing shareholder details
- Previous Year Tax Receipt
- Site visit by bank staff and assessment of business activity
Eligibility
- Minimum Monthly Income – MMK 300,000
- Maximum Credit Limit – MMK 1,000,000
* For information about uab Privileges, click here.
* For information about Visa Privileges, click here.