bulletVacancies
bulletCRS - FAQ
bulletInterest Rates
bulletBank of Mauritius
     Template on Fees,
     Charges and      Commissions
bulletRequest & Feedback
bulletLoan Calculator
bulletOnline Applications
bulleteStatus
bulletCard Fraud Awareness
bulletCheque Truncation      System
bulletGuide For Guarantors
bulletFATCA
bulletMBA Code of Banking
     Practice 2016
bulletMBA Know Your
     Customer (KYC) Policy
 
[ Print Version ]
 SBM MasterCard World Rewards Credit Card - Sit next to the extraordinary everyday
 
Description
 

SBM MasterCard World Rewards credit card empowers you to pursue your dreams, wherever they take you. Enjoy memorable adventures and enter a world carefully crafted of unique experiences. Discover premium selected merchants and get inspired by our selection of travel benefits.

 
 Features
 
  • Available in three different currencies: USD, Euro and Mauritian Rupee
  • Credit limit starting as from Rs 400,000
  • No need to bank with SBM
  • Chip card
  • Flexible repayment methods
  • Travel insurance and accident cover
  • Accepted locally and abroad
  • Accumulation of points and redemption of points online
  • VIP lounge access with LoungeKey
 
 Benefits
 

Your advantages as an SBM MasterCard World Rewards customer

  • Extraordinary Discoveries & unforgettable VIP Experience
    • Distinctive travel selections
    • Epicurean delights
    • Unique dining experiences
       
  • World Class Rewards in Luxury Hotels & Resort Portfolio
    • Worldwide access to over 1,000 Hotels and Resorts
    • Room upgrades & Complimentary breakfast
    • Early check-in upon arrival and late check-out
  • Travel in style with MasterCard Airport Concierge
    • Met by a meet and greet agent at departure and arrival
    • Assisted with any visas or other documentation
    • Assisted to the Baggage claim
    • Escorted to Aircraft gate

Click here to access MasterCard Airport concierge details & FAQ.

  • LoungeKey access to VIP lounges
    • Access to over 550 airport lounges worldwide
    • LoungeKey Website and Smartphone App
    • Swift and easy lounge Access

Click here to view LoungeKey Condition of Use.

Click here sign up to the LoungeKey Smartphone App (Android/Apple devices)

  • Easy Redemption on SBM Rewards Program Platform
    • Detailed Rewards Summary
    • Easy access and user friendly interface for profile management
    • Redemption of points in 3 categories: Car rental, Flight and Hotel

Click here to register/login SBM World Rewards Card Web Platform.

 
 Eligibility Criteria
 
  • Individuals aged 18 years and above
  • Mauritian residents / expatriates
  • Minimum income of Rs 200,000 per month
  • Supplementary cards will be issued to immediate family member only
  • Must satisfy the bank’s credit /lending criteria
 
 Documents Required
 
  • Copy of identification (Passport / National Identity Card)
  • Original salary slip / letter from employer
  • Copy of latest utility bill (CWA, CEB, MT)
  • Occupation/Work permit and work contract (for expatriates only)
  • Full passport copy (for expatriates only)
  • Letter of reference from Bank (for expatriates only)
  • Bank statement for last 3 months (only for non SBM Customers)
  • Bank statement for last 6 months (only for self – employed)
 
 FAQs
 
  • What is a credit card?

A credit card works in the same way as cash but is a safer alternative. You can use the card in lieu of cash; the bank pays the merchant and at the mid of each month the bank sends you a statement of all your transactions made during that period and the minimum amount you have to pay.

  • Who can apply for the SBM MasterCard World Reward Credit Card?

If you earn a net monthly salary of Rs 300,000 or more, you will be eligible to apply.

  • Can I apply for additional / supplementary credit cards?

Supplementary cards can be issued to close family members, that is, spouse and children. The expenditure limit will be shared between the primary and supplementary cardholder(s). However, the statement will list down the individual card expenditure.

  • How secure is a credit card?

SBM Credit Cards are chip-enabled which makes the card totally secure. Even if you lose your card all you need to do is to call us immediately on our cards hotline (230) 202 1256, available on a 24/7 basis, or (230) 207 0111 between 08hr00 to 18hr00 on weekdays and we will cancel your card.

  • Do I need to open / hold an account with SBM to have an SBM MasterCard World Reward Credit Card?

No need to have an account with us if you are applying for a MasterCard World Rewards Credit Card.

  • Will the credit card cost me anything?

You have to pay an annual fee. Any other charges are up to you. If you repay within the interest free period and if you don’t withdraw cash there will be no extra fees or charges. All fees and charges are detailed in our tariff guide.

  • Will the merchant charge me an additional fee for paying with my card?

No, the cost of an item is the same whether you pay by card or cash.

  • What is meant by the billing period and when is the payment due date?

Presently, the billing period for all your transactions starts from 15th of the month until 14th of next month. The payment due date falls on end of month after the last billing date. All payments must be effected by the payment due date indicated on your bill. Overdue accounts are subject to late payment fees and finance charges.

  • What happens when I choose to pay less than the amount charged?

As a credit cardholder, you have the flexibility to pay less than the total amount due on or before your due date. You must however, pay at least 5% of your statement closing balance. By paying less than the total amount due you will need to pay finance charges (interest). The finance charge will be levied on your opening balance and on all new transactions posted to your credit card account within the statement period, accrued from date of transaction until the end of the statement period.

  • What is a finance charge and how is it calculated?

A finance charge is the interest charged to your card account when you do not pay the total amount due. As such you will be charged interest (finance charge) if you only pay the minimum amount due or any amount between the total amount due and the minimum amount due, on or before the Payment Due Date. A finance charge is also levied on cash advance transactions from the date the cash advance is effected until it is fully paid irrespective of having chosen 100% repayment option.

  • What if I am not able to pay the minimum amount due by payment due date?

If you are unable to pay the minimum amount due by the payment due date, the current tafiffs and charges will be applied, please refer to our tariff guide.

  • Can I use my credit card for online purchases?

Yes you can. On the payment page ensure that you enter the last three digits at the back of the card in the white box.

  • What if I pay in full the total amount due?

If you pay in full the total amount due on or before the payment due date, then no finance charges will be applied on your credit card account. This, however, does not apply if you performed cash advance, where interest accrues as from day one of the transaction. Quasi cash transactions are considered as cash advance and will attract interest and cash advance fees. All forms of Betting are quasi cash transactions

  • What to do if I lose my card?

You should immediately report the loss or theft of your credit card by calling our cards hotline on (230) 202 1256, available on a 24/7 basis, or call centre on (230) 207 0111 between 08hr00 to 18hr00 on weekdays.

 
 Precautions
 
  • Sign your card as soon as you receive it.
  • Keep a note of your card number and file it in a safe place separate from the card.
  • Keep your card in a secure place, and treat it as if it were cash.
  • Do not forget to take your card from an ATM or POS merchant after completing your transactions.
  • Watch and make sure only one sales slip is printed for each transaction at merchant’s point of sale.
  • Keep the customer copy of your sales slips and check them against your monthly/quarterly statements.
  • Destroy the PIN advice after memorizing it.
  • Do not let anyone else use your card and PIN.
  • Never keep any written record of your PIN close to your card.
  • When writing down or recording your PIN, do it in a safe place.
  • Make sure your PIN is protected from view when you use the ATM or any other electronic payment terminal. If you think someone has seen it, change it.
 
 Terms & Conditions
 
 
   
bulletRansomware Threats
bulletIB Statement Process
bulletSecurity Tips
bulletTerms & Conditions
bulletClient Charter
 
 
HOTLINE : 207 0111 / 202 1500 [FROM 08:00 TO 18:00 MONDAY TO FRIDAY]

Sitemap |  Disclaimer | Terms & Conditions | SBM Bank (Mauritius) Ltd - All Rights Reserved | Business Registration Number: C07002193
 
Footer