| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
Banque Misr Liban - Platinum Mastercard
|
Minimum Salary: USD 0 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: USD 150 | Rate: 1.75% |
General Condition
3 years
Monthly Due Payment
5%, 10%, 25%, 50%, 100%
Monthly Interest Rate
POS: 1.75%
Cash: 2.00%
Maximum Limit
Above USD 5000
Annual Fee
USD 150
Supplementary Card
USD 75
Cash Transaction Fee
Local (CSC): 1.5% minimum USD 3
Local (non-CSC):
1.5% minimum USD 5
Abroad: 2% minimum USD 7
Grace Period
Up to 40 days
(Min USD 50)
** 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.
