CBK Cards

Why CBK Cards?

• Easy to carry and convenient to use to pay for your purchases, goods or services.
• Payment by card is fast and avoids the inconvenience of writing cheques or carrying large amounts of cash
• Access to cash – 24-hours a day, 7 days a week, 365 days a year at thousands of sites around the world.
• Ability to withdraw cash amounts up to KD2,500/- daily & usage on POS up to KD10,000/- or more.
• Personal safety and security, as CBK cards are convenient and safe to carry.
• Emergency card replacements in case of loss or theft.

What are the benefits of a CBK Card?

• Worldwide acceptance.
• Supported by one of the world’s most elite financial service organizations.
• 24-hour access to cash.
• Emergency funds if the card is lost or stolen.
• Quick emergency card replacement, if lost or stolen.
• Unique offers and promotions for CBK cardholders.
• Free travel insurance for the eligible Credit Cards (Visa Infinite, Visa Signature, Visa Platinum, BA Mastercard World, BA Mastercard Platinum, Mastercard Titanium).

What are the requirements to apply for a Credit Card?

• Minimum 21 years old.
• Kuwaiti and residents with valid residence permit/Civil ID.
• Banking relation with CBK, preferably salary transfer.
• Card can be issued under the guarantee of another CBK customer

Mastercard Cards Fees and Limits

Card type, credit limits, and issuance criteria are set according to the Banks’ Policy (40% of net salary divided by repayment percentage)

Credit Limits per Card Type:

• Titanium Minimum limit is KD 200
• World – BA Minimum limit is KD 1000

****Max limit for each credit card is subjected to bank terms & conditions

Fees & Commissions Available in 2 payment methods:

• Credit Card: Payment is done in installments, payments are made monthly at a minimum of 8.3% plus interest.
• Charge Card: Full outstanding amount is settled monthly.

Credit Cards monthly interest rate is subject to: Central Bank discount rate + 2.5% /12 + Service Charge (0.5)

Cards are issued against subscription fees plus annual fees for each card type:

• Titanium (Issuance KD 50/- + Renewal KD 50/-)
• World – BA (Issuance KD 100/- + Renewal KD 100/-)

Worldwide acceptance at over 25 million outlets, Cash withdrawals in the local currency of the country from more than 1 million worldwide ATMs Cash advances are subject to a flat fee of 5% (Min. KD2/-)

Please click the below link to experience the latest offers available for your CBK MasterCard! www.priceless.com