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 150 EGP 100 EGP Annual Fees 150 EGP 100 EGP Renewal Fees (Every 3 Years) 150 EGP 100 EGP Monthly Statement Fees 20 EGP 20 EGP Cash withdrawal from Al Baraka or Non Baraka ATMs 4% with minimum 40 EGP 4% with minimum 40 EGP Cash withdrawal fees Internationally 10 % + 60 EGP 10 % + 60 EGP Account Management Fees 7 EGP for the first EGP 500 or less & 12.5 EGP for any additional 500 EGP 7 EGP for the first EGP 500 or less & 12.5 EGP for any additional 500 EGP Replacement PIN Fees Free Free Replacement Card Fees 75 EGP 75 EGP Mark Up Fees 10 % 10 % 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 7,750 EGP 7,750 EGP Local limits:
Transaction type Limit Cash Limit 20,000 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.