Features and Benefits

Corporate Preloaded cardCorporate Credit Card
Global Card - Visa brandedYESYES
Minimum Credit limitLimit = Zero Spend as much as loadedOMR500/-
Maximum Daily Spend LimitEquals to Credit limit depositedEquals to Credit limit
Maximum Daily swipe10 per day(can be increased by request letter)10 per day(can be increased by request letter)
Advanced MIS reports onlineYESYES
Free online access to view transactionsYESYES
Chip as additional securityYESYES
Cash Withdrawal transactionscan be enabled or disabledcan be enabled or disabled
Internet/online transactionscan be enabled or disabledcan be enabled or disabled
Additional security for internet transactions (Verified by Visa)YESYES
Monthly statementsYES via mail and online (for both - company and individual)YES via mail and online (for both - company and individual)
Value-addedPurchase protection Zero Lost card Liability Travel Insurance (individual cards only) Corporate Liability waiverPurchase protection Zero Lost card Liability Travel Insurance (individual cards only) Corporate Liability waiver required
Bank Account opening requirementRequiredRequired

Fees and Commissions

Corporate Preloaded cardCorporate Credit Card
Annual Membership Fee1st Year Free 2nd Year Free third year onwards - Annual spend less than RO.3600 per year per card RO.20/- will applyFree First Year Second year onwards - sliding grid fees: 1-2 cards =RO50/card 3-5 cards=RO45/card 6-10 cards=RO40/card 11-20 cards=RO35/card 21+cards=Ro30/card
Annual Fee WaiverMinimum spend of RO.3600 per year per card will entitle to Zero FeePer (individual card)Minimum spend of RO7000 per year per card will entitle to Zero fee (individual card)
Cash Withdrawal1 rial per withdrawRO 3+3% OF AMOUNT
Card Cancelation FeeRO 20/-RO 20/-
Over limit feeNilRO 20/-
Card Replacement FeeRO 20/-RO 20/-
Duplicate Statement FeeRO 20/-RO 20/-
Foreign Transaction Fees(apply for all transactions made in currencies other then RO)3% of transaction amount3% of transaction amount
Annual Interest RateZero, no credit extendedZero, if settled on time. 18% if not settled on time
Documents required
  • Approved by respective approval authorities Card
  • Application Form (for company)
  • Card Application Form (for individual)
  • Copy of ID(RC and passport for expats) of the authorized signatories
  • Copy of ID(RC and passport for expats) of the individual cardholders
  • CR copy of company
  • Account Opening Form, if required
  • Approved by respective approval authorities Card Application Form (for company)
  • Card Application Form (for individual)
  • Copy of ID(RC and passport for expats) of the authorized signatories
  • Copy of ID(RC and passport for expats) of the individual cardholders
  • Other standard documentation required by the existing procedure for approval credit facilities to the company