Find out more about Visa Cards – services, rates and charges, cardholder terms and conditions, download application forms, discount offers and frequently asked questions.

Additional benefits offered along with our Visa Cards

Services

Worldwide acceptance

The Bank of Maldives Visa Credit Card is welcomed at millions of establishments around the globe. Presently there are over 20 million merchant locations in over 150 countries.

24-hour customer service

Dedicated team of staff provide you with 24 hours 7 days a week assistance. Emergency assistance services can be accessed toll free or collect anywhere around the world 24 hours 7 days a week through our partners.

Cash access

If you need cash while travelling, you can access a worldwide network of over 840,000 ATMs displaying the Visa logo to obtain local currency, 24 hours a day.

Financial freedom and easy account settlement

Enjoy greater financial freedom with the Visa 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.

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

Emergency Assistance

Worldwide Emergency Assistance

As a Visa Cardholder you can access to Visa Global Customer Assistance Service (GCAS) program where 24 hours Worldwide Emergency assistance is available to Cardholders. 

Emergency Cash Disbursement

Emergency assistance services can be accessed toll free or collect anywhere around the world 24 hours 7 days a week through our partners.

Cash access

If you need cash while travelling, you can access a worldwide network of over 840,000 ATMs displaying the Visa logo to obtain local currency, 24 hours a day.

Financial freedom and easy account settlement

Enjoy greater financial freedom with the Visa 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.

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 Rate)

• Classic 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

USD 5.00 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 USD 5.00 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 USD 2.00) 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

USD 10.00 will be charged for returned cheques due to insufficient funds.

Sales Slip Retrieval/Chargeback Processing

USD 5.00 will be charged to retrieve sales slip upon customers request and for chargeback processing.

Statement Copy

USD 5.00 will be charged for each additional copy of the statement.