Credit Cards

SDM-Bank offers a wide range of Credit Cards tailored to our client's needs. Credit Cards enable our clients to pay for any purchases or services using short term credit. Unlike Debit Cards, Credit Cards do not require to be funded before a particular purchase or a transaction. SDM-Bank and our clients agree on an appropriate credit limit that may be reviewed from time to time. Please see the short description of our Credit Card programs below:

BUSINESS CLIENT EMPLOYEE CREDIT CARD PROGRAM

We offer credit cards to our Business Clients' employees.The program is designed to facilitate personal credit card applications for our Business Client's employees. SDM-Bank and theBusiness Client agree on a Credit Card program with appropriate credit  limits. Once the program is set up, the Business Client's employees are able to open a Credit Card account with SDM-Bank.

If you are an employee of an SDM-Bank Business Client, we will be pleased to offer you a Credit Card linked to your employer subject to having an Employee Credit Card Program agreement with your employer and other terms and conditions.

If you are an employer, we would be pleased to discuss setting up a Business Employee Credit Card Program.

PRE-QUALIFY FOR A CREDIT CARD IF YOU HAVE A TIME DEPOSIT WITH SDM-BANK

Our clients pre-qualify for a Credit Card with a credit limit of 80% of the time deposit's balance for time deposits with a value of USD 2,000 and over.

The Client's Bank Card Choice:

Our Clients have a choice which Card product to apply for:

• free Visa Electron or MasterCard Electronic (first year since the date of issue is free, afterwards the annual maintenance fee is charged according to the terms and conditions of the Bank);
• Visa Classic or MasterCard Mass (the annual maintenance fee is charged according to the terms and conditions of the Bank).