Visa Signature Credit Card

Visa Signature Credit Card
Features and Benefits
  • You can enjoy the privileges and promotions by CB Bank and Visa where available.
  • You can use the card on e-commerce channels.
  • CB Bank customers may check their account balance in real time at www.cbbankcard.com
  • At www.cbbankcard.com, you can check you transaction details as well as print out a PDF format of your account statement
  • Simply register at www.cbbankcard.com to get these free services and you can download user guide for registration
Rates and Fees
  • Card issuing fee:
    • Signature Card – MMK 80,000
    • Supplementary Card – MMK 80,000
  • Card annual fee:
    • Signature Card – MMK 150,000
    • Supplementary Card – MMK 75,000
  • Card renewal fee – MMK 10,000 (all card types)
  • ATM Interest – 13%
  • ATM Credit usage charge – 7%
  • POS, Ecommerce Interest – 13%
  • POS, Ecommerce Credit Usage Charge – 13%
  • Pin Reissue Fee - MMK 10,000
  • Card Renewal/ Replacement Fee - MMK 50,000
  • Statement Reprint Fee - MMK 3,000
  • Administration Fee - MMK 10,000
  • Cash Advance - Minimum MMK 3,000 (or) 1% of withdraw amount
  • Late Payment Fee
  • Minimum Fee - MMK 10,000
  • Maximum Fee - MMK 20,000
  • You may apply at our CB Bank head office or any of our CB Bank branches
Requirements

You must:

  • Be at least 21 years of age
  • Have a valid mailing address in Myanmar (P.O. Box address are not accepted)
  • Passport photo
  • NRC (copy) or Passport (copy)
  • Family registry
  • CB Bank Account No (for unemployed)
  • CB Bank Statement (for unemployed)
  • Ordinary recommendation and confirmation of salary from company or organization with letterhead only (for salary employee)
  • Tax invoice (for self-employed)
  • Business/work license (for self-employed)
  • Form VI (for self-employed)
  • Form XXVI (for self-employed)
  • Form E (for self-employed)
  • Financial report audited paper nearest financial year (for self-employed)
  • It is advised that customers keep their Credit Card receipts for cross-checking with bank statement. The customers must immediately inform the bank if there is any discrepancy between receipts and statement.
FAQs
What is CB Visa Signature Credit Card?

CB Visa Signature Credit Card is our Premium Credit Card.

Who is eligible to apply?

CB Bank account holder who meet a certain criteria and is at least 21 years old.

What are the privileges that I can benefit from?
  • DragonPass Privileges
  • CB Bank Exclusive Privileges
  • Visa Global Offers
How to apply the card?

You can fill the form at the CB Bank branch in person.

How long does it take to issue the card?

It takes 7 working days to issue the card after application. *Upon receiving all necessary documents.

How do I collect the card?

You can bring your NRC card or passport along with you to collect the card.

How to activate the card after card collection?

Please call (+9512317770) where safety questions will be asked to activate the card during our office hours or send the last 6 digits of card number to (+959457111022) or (+959457111033) with your registered phone number.

Do customers need to keep receipts of purchase?

It is advised that customers keep their Credit Card receipts for cross-checking with bank statement. The customers must immediately inform the bank if there is any discrepancy between receipts and statement.

Are there the credit card interest free options?

Yes, there is an interest free period between minimum 15 days and maximum 45 days for POS and e-commerce transactions.

What are the repayment options?

Minimum repayment: MMK 40,000 or 10% of outstanding amount

Full repayment: Full outstanding amount

The repayment can be done via:
  • CB Pay or CB Bank Mobile Banking payment channel
  • CB Bank Internet Banking payment channel
  • Cash and Cheque payment over the counter
  • Direct Debit from your CB Bank account
What to do if the card were to lose or stolen, Pin disclosure or Damaged?

Immediately inform the bank. There will be a prevailing rate of MMK 10,000 as service fees. The bank will transfer the remaining balance to the new card.

How do I discontinue the use of Credit Card?

The account will be closed with the remaining balance left in the card. However, the amount due must be fully paid to the bank. The bank must be fully informed through either by letter or email.

Are there any limitations and requirements to have supplementary cards?

Up to 5 supplementary cards are allowed. Supporting documents of main cardholder are necessary. Repayments will be debited to main cardholder.