uab Visa Platinum
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
1 free lounge access every year
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.
- 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 24 million per annum
| Category | uab Visa Platinum |
|---|---|
| Card Fee | 60,000 MMK (Supplementary Card : 30,000 MMK) |
| Annual Fee | 120,000 MMK (Supplementary Card : 60,000 MMK) |
| PIN Re-issuance | 1,000 MMK |
| Card Lost/ Replacement Fee | 60,000 MMK |
| Interest | 18% per annum if credit card repayment is not paid fully by payment due date |
| Cash Advance | 3.25% interest per month |
| Cash Withdrawal | At uab bank ATM - 5% per transaction (minimum 5,000 MMK) |
| At other local & overseas bank's ATM - 15% per transaction | |
| Late Fee | Minimum - 10,000 MMK Maximum - 20,000 MMK |
| Monthly Spending limit | 2,500,000 MMK |
| Balance Enquiry (ATM) | 3,000 MMK |
| Balance Statement Enquiry (Over the Counter) | 3,000 MMK |
| Cross Border Transaction Fee | 17.55% per transaction |
a) Personal Guarantee of one person with income (exempted for special cases)
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
c) Income Proof – For the Employee
- 3 Months Bank Statement
- Certificate from Employer
- Pay Slip (not required, if salary is credited to bank account)
- Copy of Tax Book
d) Income Proof for Self Employed /Business
- 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
- Minimum Monthly Income – MMK 2,000,000
- Maximum Credit Limit – MMK 5,000,000
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 24 million per annum
Fees and Charges
| Category | uab Visa Platinum |
|---|---|
| Card Fee | 50,000 MMK (Supplementary Card : 25,000 MMK) |
| Annual Fee | 120,000 MMK (Supplementary Card : 60,000 MMK) |
| PIN Re-issuance | 1,000 MMK |
| Card Lost/ Replacement Fee | 15,000 MMK |
| Interest | 18% per annum if credit card repayment is not paid fully by payment due date |
| Cash Advance | 3.25% interest per month |
| Cash Withdrawal | At uab bank ATM - 5% per transaction (minimum 5,000 MMK) |
| At other local & overseas bank's ATM - 15% per transaction | |
| Late Fee | Minimum - 10,000 MMK Maximum - 20,000 MMK |
| Balance Enquiry (ATM) | 3,000 MMK |
| Balance Statement Enquiry (Over the Counter) | 3,000 MMK |
| Cross Border Transaction Fee | 17.55% per transaction |
Requirements
a) Personal Guarantee of one person with income (exempted for special cases)
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 2,000,000
- Maximum Credit Limit – MMK 5,000,000
* For information about uab Privileges, click here.
* For information about Visa Privileges, click here.