What is the MasterCard Credit Card?
The MasterCard Credit Card is a “deferred payment card” which you can use for payments, cash withdrawal and online shopping all over the world up to your monthly credit limit. ICBC (Europe) S.A. Amsterdam Branch (hereinafter ICBC Amsterdam) offers two kinds of MasterCard Credit Cards: Classic Card and Gold Card
For Who?
The MasterCard Credit Card is for every one of 18 years and older.
Conditions and manual
On all our retail products the Terms and Conditions Retail customers are applicable. In this terms and conditions, the Credit Card Conditions give special attention to this product.
Besides this product Terms and Conditions, also our General Banking Conditions including the Notes to the General Banking Conditions are applicable.
Please click here for more detailed information on the MasterCard Credit Card (General Manual).
Benefits and Characteristics
The MasterCard Credit Card can be used for payments or cash withdrawals all over the world where you see the MasterCard Logo which is displayed on the front of your MasterCard Credit Card.
MasterCard Credit Card
•Well accepted all over the world
•Very convenient to make payments and do cash withdrawals
•Very convenient to do online shopping and make reservations
•Well secured by a Pin Code to be decided by the customer
•24 hours online access to your accounts (with Internet Banking)
Characteristics
|
•Currency is EURO
•One month credit limit
•No interest charge
•Linked to your Multi Currency Account for automatic repayment
•Voluntary early repayment possibility
•Cash advance possibility
•Monthly paper credit card statement/ online transaction review
|
•Supplementary card available
•Age older than 18 years and Dutch residency required
•Annual Card fee
•Delay interest and penalty fee in case of overdue repayment
•Cash advance fee
•Foreign exchange fee
•BKR credit check
|
Card Type and Card Limit
| Card Type |
Credit Limit |
| Classic Card |
EUR: 300 – 3000 |
| Student Card (only for China scholarshipstudents) |
EUR 100 |
| Gold Card |
EUR 3000 – 7000 |
*A Customer qualifies as a Student if he holds a valid student card from a research university (in Dutch a so called “universiteit”) or University of Applied Sciences (in Dutch a so called “hogeschool”).
Fee and limits
The annual credit card fee will be charged one year after the card is issued and the fee is not refundable.
|
Credit Card annual fee
|
| Card Type |
Principal card |
Supplementary Card |
| Classic card |
EUR 24,- |
EUR 12,- |
| Classing Student Card |
EUR 24,- |
EUR 12,- |
| Gold Card |
EUR 24,- |
EUR 12,- |
Please click here for more detailed information on withdrawal fee and limits
Application and requirements
It is required for example to have your residence in The Netherlands, to have reached the age of 18 and we do a BKR credit check. Please be aware that the MasterCard Credit Card application procedure will take approximately three weeks. After your application has been approved, you need to come to our office in person to choose your Pin Code and pick up your MasterCard Credit Card.
To apply for a Credit Card it is required to have an ICBC Amsterdam Payment and ICBC Amsterdam Internet Banking (including Mobile App). After your Credit Card application has been approved, a Payment account and Internet Banking will automatically be activated. For more detailed information on the Payment account and Internet Banking you can visit our webpage Payment Account and Internet Banking (including Mobile App).
Please find more detailed information on the Application in the General Manual.
Secure banking and fraud awareness
Please visit our webpage Secure Banking for more information on security and how to keep your pin code safe.
Contact
For more information on our products, please call our 24/7 call center +31 (0)800 999 5588 (only Chinese and English) or send an email to banking@nl.icbc.com.cn.