BSN Visa Corporate Card-i

Min. annual incomeBusiness assessment

Principal annual feeRM0

Card networkVisaIslamic credit card

THE DETAILS

Benefit breakdown

Annual fee: RM0, waived for life.
Profit charge: Government / eligible public-sector accounts: 9% p.a. GLC accounts: 15% / 17% / 18% p.a. according to prompt-payment tier.
Monthly settlement: Full monthly settlement is required from the organisation.
Credit period: Up to 59 days from posted transaction date or 29 days from statement date, subject to full settlement of the preceding retail statement.
Cash advance: Cash advance is not allowed for this corporate facility.
Foreign currency conversion: Network conversion plus 1.5% bank administration cost and applicable network transaction fees.
Replacement card: First replacement free; RM50 for second and subsequent replacements.
Liability: Organisation is solely liable for the account charges.
Service tax: RM25 per card annually; qualifying new-card first-year rebate requires a transaction within six months.

Principal age: At least 21 years
Application conditions: Public-sector ministry, department, statutory body or agency; authorised employees at least 21. Organisation is solely liable.

Shariah structure: Commodity Murabahah via Tawarruq under the current disclosure; monthly profit charges are non-compounding.

Annual fees exclude applicable tax and transaction charges. Bank approval and current product terms apply.