Al Baraka bank launched its first Islamic Classic card that is compliant with Islamic Shari’a after getting approval from our bank’s shari’a board to provide customers with a comprehensive banking experience that suits everyday needs.
Terms and Conditions Apply
Al Baraka Bank Egypt B.S.C. (C) All rights reserved
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Features
1.Al Baraka Classic Card is compliant with shari’a rules.
2.PIN creation through Al Baraka Bank ATMs.
3.Use the card to shop from any store and online shopping that is 3D secured inside and outside Egypt.
4.Issuing supplementary cards.
5.Grace period up to 55 days.
6.Minimum payment 5% of the outstanding balance.
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Fees
Item Basic Card Supplementary Card Issuance Fees 200 EGP 100 EGP Annual Fees 200 EGP 100 EGP Monthly Statement Fees 20 EGP 20 EGP Cash withdrawal from Al Baraka or Non Baraka ATMs 5% with minimum 60 EGP 5% with minimum 60 EGP Markup fees ( for international purchase or cash transactions ) 5% 5% International cash withdrawal fees 5 % with minimum 100 EGP 5 % with minimum 100 EGP Account Management Fees 21.5 EGP for each 500 EGP in outstanding balance 21.5 EGP for each 500 EGP in outstanding balance Replacement PIN Fees Free Free Replacement Card Fees 75 EGP 75 EGP Mark Up Fees 5 % 5 % Declined dispute fees 75 EGP for POS transactions
50 EGP for ATM withdrawals75 EGP for POS transactions
50 EGP for ATM withdrawalsSMS fees Free Free -
Required Documents
1.A completed singed application form.
2.A signed investigation permit form for (I-score)
3.A clear copy of national ID / passport.
4.Utility bills for last two months (electricity/ water / gas)
5.Salary certificate admitted by authorized signatory from the company/organization.
6.Commercial register / Tax card and bank statement in case of business owners.
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Usage Limit
International limits
Transaction type Daily Limit Monthly limit Cash International Limit 0 EGP 0 EGP POS & E-commerce international limit 50,000 EGP 50,000 EGP Local limits:
Transaction type Daily Limit Cash Limit 30,000 EGP POS Limit 200,000 EGP E-commerce Limit 50,000 EGP -
Payment Methods
1.Deposits through any of our branches.
2.Through Internet Banking.
3.Through Al Baraka Bank ATMs.
4.Deposit over POS machines.