SCB Credit Card Fees: Interest Rates, Penalties, and Expenses, Summaries of Banking and Finance

Download SCB Credit Card Fees: Interest Rates, Penalties, and Expenses and more Summaries Banking and Finance in PDF only on Docsity! Siam Commercial Bank PCL Details on Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Applicable for Credit Card Usage No. 2/2021 Effective from: 12 September 2021 Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Fee 1. Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Interest Maximum rate in normal cases Maximum rate in default cases Penalty for delayed payment Credit usage fee Fee or other service charges Interest charge date 16 % p.a. 16 % p.a. - % p.a. - % p.a. - % p.a. Charged from [ / ] Date of Payment to Merchants / Date of Cash Advance [ ] Date of Transaction Summary [ ] Due Date 2. Minimum installment payment rate 2.1 5% of the total amount to be paid as stated in the credit card statement (for years 2020-2022) 2.2 8% of the total amount to be paid as stated in the credit card statement (for years 2023) 2.3 10% of the total amount to be paid as stated in the credit card statement, but not less than 500 baht, whichever is higher (effective from year 2024) 3. Cash advance fee 3% of withdrawn cash 4. Interest-free repayment period if paid as scheduled 4.1 Purchase of products/services: 51 days maximum from the statement date 4.2 Cash advance: No interest-free period (Interest is charged immediately when the cash advance is withdrawn) Siam Commercial Bank PCL Details on Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Applicable for Credit Card Usage No. 2/2021 Effective from: 12 September 2021 Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Fee 5. Fees for Each Type of Card (Baht / Year) Administrative Fees SCB Credit Card SCB Xtra Platinum / SCB King Power Platinum / SCB Toyota Platinum Silver Gold Entry Annual Primary Card Supplementary Card Primary Card Supplementary Card “None” “None” 1,200 “None” “None” “None” 2,000 “None” “None” “None” 2,000 “None” Administrative Fees SCB Titanium Golf / SCB Family Plus SCB UP2ME SCB Sansiri Platinum SCB Platinum Limited / SCB Ultra Platinum Entry Annual Primary Card Supplementary Card Primary Card Supplementary Card “None” “None” 2,000 “None” “None” “None” “None” “None” “None” “None” 5,000 “None” “None” “None” 5,000 “None” Administrative Fees SCB M Live Visa Platinum SCB M Luxe Visa Signature SCB M Legend Visa Infinite SCB JCB Platinum Entry Annual Primary Card Supplementary Card Primary Card Supplementary Card “None” “None” 500 250 “None” “None” 4,000 2,000 “None” “None” 10,000 2,000 “None” “None” “None” “None” Administrative Fees SCB Beyond SCB My Travel SCB Prime SCB First SCB Private Banking Entry Annual Primary Card Supplementary Card Primary Card Supplementary Card “None” “None” 5,000 “None” “None” “None” 3,000 3,000 “None” “None” “None” “None” “None” “None” “None” “None” “None” “None” “None” “None” Siam Commercial Bank PCL Details on Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Applicable for Credit Card Usage No. 2/2021 Effective from: 12 September 2021 Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Fee - True Money Kiosk - True Money Express - M Bill Pay The Mall Group • Payment via Mobile Application Services - True Money Wallet Application 10 baht/time (Maximum 30,000 baht/time) 15 baht/time (Maximum 30,000 baht/time) “None” (Maximum 49,000 baht/time) 10 baht/time (Maximum 90,000 baht/time) 7. Fee for issuing a new card in case of loss/damage 7.1 Loss 7.2 Damage • SCB Credit Card (Silver, Gold), SCB Xtra Platinum, SCB King Power Platinum, SCB Toyota Platinum, SCB Titanium Golf, SCB Family Plus, SCB UP2ME, and SCB JCB Platinum • SCB Platinum Limited, SCB Ultra Platinum, SCB Beyond, SCB Sansiri Platinum, SCB My Travel, SCB M Live Visa Platinum, SCB M Luxe Visa Signature, SCB M Legend Visa Infinite, SCB Prime, SCB First, and SCB Private Banking “None” 150 baht/time “None” 8. Fee for statement request 8.1 SCB Credit Card (Silver, Gold), SCB Xtra Platinum, SCB King Power Platinum, SCB Toyota Platinum, SCB Titanium Golf, SCB Family Plus, SCB UP2ME, and SCB JCB Platinum 8.2 SCB Platinum Limited, SCB Ultra Platinum, SCB Beyond, SCB Sansiri Platinum, SCB My Travel, SCB M Live Visa Platinum, SCB M Luxe Visa Signature, SCB M Legend Visa Infinite, SCB Prime, SCB First, and SCB Private Banking 50 baht/time “None” Siam Commercial Bank PCL Details on Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Applicable for Credit Card Usage No. 2/2021 Effective from: 12 September 2021 Interest Rates, Penalties, Service Fees, Charges, and Other Expenses Fee 9. Fee for requesting a copy of a sales slip 9.1 SCB Credit Card Silver (Mastercard), SCB Credit Card Gold (Mastercard), SCB Xtra Platinum, SCB King Power Platinum (Master Card), SCB Titanium Golf, SCB Family Plus, SCB UP2ME, and SCB JCB Platinum 9.2 SCB Beyond, SCB My Travel, and SCB Credit Card First 200 baht/time “None” 10. Fee for PIN replacement 10.1 SCB Credit Card (Silver, Gold), SCB Xtra Platinum, SCB King Power Platinum, SCB Toyota Platinum, SCB Titanium Golf, SCB Family Plus, SCB UP2ME, and SCB JCB Platinum 10.2 SCB Platinum Limited, SCB Ultra Platinum, SCB Beyond, SCB Sansiri Platinum, SCB My Travel, SCB M Live Visa Platinum, SCB M Luxe Visa Signature, SCB M Legend Visa Infinite, SCB Prime, SCB First, and SCB Private Banking 150 baht/time “None” 11. Fee for requesting transaction verification “None” 12. Debt collection fee 12.1 One overdue payment cycle 12.2 More than one overdue payment cycle 50 baht/debt collection cycle* 100 baht/debt collection cycle* 13. Tax and duty “None” 14. Risk fee for currency conversion 2.5% of spending amount or cash advance in foreign currencies * A debt collection cycle runs from the default date of the overdue payment period until the due date of the next billing cycle. A cycle shall not be shorter than one month Remarks: - SCB My Travel Credit Card charges an annual fee in the first billing period after the card is approved. - Credit card service provider VISA INTERNATIONAL no longer provides back-dated sales slips copies as of October 16, 2020. SCB is therefore unable to supply back-dated sales slip copies for VISA credit cardholders. - From 15 October 2021, credit card service provider Mastercard International will no longer provide service for requests of sales slip copies. The service will therefore not be available for Mastercard credit cardholders. - When using credit cards overseas, cardholders are liable for other expenses such as fees for using ATMs overseas. - Penalties, service fees, charges, and other expenses in nos. 3, 5, and 7-12 are exclusive of VAT. - Cardholders acknowledge and agree that any expenses incurred from card spending (including cash advances) in foreign currencies shall be collected in Thai baht and calculated based on the exchange rate charged by the credit card company of which the Bank is a member on the date the spending amount is collected. Spending amounts in non-US dollars may be converted into US dollars and then baht for collection from the Bank. Cardholders are advised to check currency exchange rates for initial reference at: For VISA: http://usa.visa.com/personal/card-benefits/travel/exchange-rate-calculator.jsp For Mastercard: http://www.mastercard.com/us/personal/en/cardholderservices/currencyconversion/index.html For JCB: http://www.jcb.co.jp/r/globalrate.html In addition, cardholders acknowledge and agree that the Bank will charge an additional fee of no more than 2.5% of the spending amount as a hedging fee against currency exchange risks.