CREDIT CARD ISSUANCE

Credit card benefit

Vietcombank-Visa, Vietcombank-MasterCard and Vietcombank American Express issued by Vietcombank are a means of payment with which you can consume first and pay later in a period of 16 to 46 days without paying any interest.

Based on your financial and credit performances, we will offer you a credit line from VND10,000,000 to VND250,000,000.

You can use Vietcombank-Visa, Vietcombank-MasterCard and Vietcombank American Express to buy goods and services at more than 4,000 merchants in Vietnam, 20,000,000 Visa, MasterCard and Amex merchants and nearly 1,000,000 cash withdrawal counters and ATM in 230 countries worldwide.
Using Vietcombank-Visa, Vietcombank-MasterCard and Vietcombank American Express you can:

- buy goods, handicrafts, etc. in shops and supermarkets
- pay for services at restaurants, hotels, etc.
- buy flight tickets
- pay for newspaper subscriptions, tuition fees, hospital fees, etc.
- cash advance when needed

Besides, you can use Vietcombank-Visa and Vietcombank-MasterCard to book hotels, tours, order goods by telephone or mail, or pay for Internet services.

You can use Vietcombank-Visa, Vietcombank-MasterCard and Vietcombank American Express anywhere in the world with any currency. All transactions in foreign currencies will be converted to VND so that you will make your repayment to Vietcombank in VND.

At maturity, you can choose to pay in full or a part of the amount (at least 20%).

You can also request Vietcombank to issue a sub-card for your relative to use, or for your children to cover expenses when they study overseas.

Companies might request Vietcombank to issue corporate cards for members of Board of Management, operating managers or staff.

Vietcombank Credit Card Center and Service Centers of International Credit Card Organisation work 24 hours a day, 7 days a week including holidays. They are always ready to offer you their best assistance and protect your rights at anytime and anywhere.

Credit card issuing procedure

You can request Vietcombank to issue personal card for which the card holder will fully bear the payment responsibility, and corporate card for which the company will take all the payment responsibility as undertaken in the application form.

Credit line:

+ For Vietcombank-Visa and Vietcombank-Mastercard:

- Classic Cards : from VND10,000,000 to under VND50,000,000
- Golden Cards : from VND50,000,000 to VND90,000,000

+ For Vietcombank American Express:

- Classic Cards : from VND50,000,000 to under VND100,000,000
- Golden Cards : from VND100,000,000 to VND250,000,000

Required documents:

- Vietcombank-Visa, Vietcombank-MasterCard, Vietcombank American Express application
- Copy of Residency Book, ID card or passport
- 2 photos sized 3x4 (applied to Vietcombank-Visa only)

If you are a foreigner, you are requested to have a confirmation letter of your company concerning your remained working period (from the signing date) in Vietnam (which must be more than 2 years), and committing to inform Vietcombank in advance in the case the card holder ceases their working with the company.

Collateral

You can deposit by cash, transfer from your personal or company account, or by offer your Savings Passbook, debenture issued by Vietcombank or other valuable documents (in VND or hard currencies) as collateral.

We will pay interest to your collateral amount at the interest rate applicable to 1 year savings account if each collateral period is 1 year (Please click Interest on Vietnam Dong Personal Account; Interest on Foreign Currency Personal Account; Interest on Vietnam Dong Accounts applicable to Social-Economic Organisation; Interest on Vietnam Dong Accounts applicable to Credit Institutions; Interest on Foreign Currency Accounts applicable to Social-Economic Organisation and Interest on Foreign Currency Accounts applicable to Credit Institutions.). In case you would like to withdraw your collateral before the maturity, we will offer you the interest at the rate applicable to demand savings accounts.

Issuing credit card without collateral

Based on your financial and credit standing, the issuance of a credit card will be decided.

Required documents for issuing credit card without collateral:

- Personal cards:

+ Your company's guarantee and confirmation letters
+ Appointment decision if you are a Director, Deputy Director or Chief Accountant ( Company's establishment Licence)

- Company cards:

+ Establishment Licence
+ Confirmation and/or authorisation letters of the company
+ Financial report
+ Other related documents