| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
KIB - Visa Platinum Card
|
Minimum Salary: KWD 0 | Salary Transfer: Yes | Islamic Finance: No | Cashback: Yes | Annual Fee: KWD 70 | Rate: 0% |
This card is designed to deliver the needs for travel, dining, shopping, affluent lifestyle, just about anything at any place worldwide of our esteemed customers. It also offers the convenience of easy monthly payment.
Fees:
- KD 70 Issuance & Renewal
- KD 55 Supplementary card
Required Documents:
Kuwaiti in Government Sector
- Original Valid Civil ID
- Salary certificate and Continuation
- Three months bank statement
Kuwaiti in Private Sectors
- Authorized signatory
- MGRP Certificate
Non-Kuwaiti
- Passport copy
- Work permit
Features
- 3% Cash Back on POS or Online transactions
- Free travel insurance
- Free Airport lounge
- VISA fine dining
- Avis Car rental service
- Purchase Protection
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
