American Express Cards

The Bank of Maldives American Express® Card was created specifically for the global citizen. It is the only Credit Card in the Maldives that gives you the best of all worlds. Access to the range of services you have come to expect from the Bank of Maldives combined with world-class service, peace of mind when you are travelling, a range of tools for financial empowerment and exclusive offers.

Classic Card	Gold Card
Key features      • Maximum 51 days free credit on purchase      • Minimum 21 days from statement date      • 2.85% interest per month	Key features          • Maximum 51 days free credit on purchase          • Minimum 21 days from statement date          • 2.65% interest per month

Find out more about American Express cards – additional benefits, services, rates and charges, cardmember terms and conditions, download application forms, local discount offers, and frequently asked questions.

Additional benefits offered along with our American Express Cards

Global coverage and worldwide privileges

Emergency Assistance

Enjoy security and peace of mind when you are away from home. From helping you plan your trip to referring you to doctors or interpreters and even securing you emergency medical assistance when you are travelling abroad, we are ready to help around the world, whenever you need it.

Emergency Card replacement

If your Card is lost or stolen, a replacement can be provided within 24 hours in the Maldives.

Travel Service Offices

Over 1,700 Travel Service Offices in more than 130 countries worldwide provide you with assistance with travel arrangements, emergency Card replacement, and sale of American Express Travellers Cheques and foreign currency. 

Services

Worldwide acceptance

The Bank of Maldives American Express Card is welcome at millions of establishments around the globe.

24-hour customer service

Just one phone call is all it takes, wherever you are in the world.

Cash access

If you need cash while travelling, you can access a worldwide network of over 550,000 ATMs displaying the American Express logo to obtain local currency, 24 hours a day.

Financial freedom and easy account settlement

Enjoy greater financial freedom with the first ever Credit Card issued in the Maldives that provides you with a high line of credit, up to 51 days interest-free¹ and a minimum payment of 5% of your total monthly balance. What's more, your Credit Card is billed in Maldivian Rufiyaa, making it easy for you to settle your Card account.

¹ Minimum of 21 days from the statement date to payment due date

 Rates and Charges 

Repayment period

21 days from Statement Date

 Finance charges (interest rates)

• Credit Card 2.85% per month
• Gold Card 2.65% per month

Interest Will be Charged

If full payment is not received on the due date, or if part / minimum payment is made before, on or after the due date, or full payment is made after the due date.

Minimum Payment Amount

The Minimum Payment will be 5% of the Total Outstanding or, if the Total Outstanding exceeds the credit limit, 5% of the credit limit together with the amount by which the Total Outstanding exceeds the credit limit. The Total Minimum Payment Due also includes any unpaid Minimum Payment Due from previous Billing.

Over-limit Fee

MRF 65.00 per month will be charged, if you exceed your limit at any time during a statement cycle.

Late Payment Charge

If your minimum payment has not been received by the due date, a monthly late payment charge of MRF 65.00 will be debited to your Credit Card Account.

Cash Advance Limit & Charges

Cash Advance can be obtained maximum up to 50% of the permanent credit limit. Temporary limit increases, cash deposits or transfers to your Credit Card do not increase Cash Advance limits. A Cash Advance fee of 3% of the Cash Advance value (minimum MRF 25.00) will be debited to the Credit Card Account. In addition to the Cash Advance fee, interest will be charged from the withdrawal date.

Cheque Return Charges

MRF 125.00 will be charged for returned cheques due to insufficient funds.

Sales Slip Retrieval / Chargeback Processing

MRF 65.00 will be charged to retrieve sales slip upon customers request and for chargeback processing.

Statement Copy

MRF 25.00 will be charged for each additional copy of the statement.