Credit card
Arig credit card for your daily financial needs.
Benefits:
- High credit limit
- Other banks customer can apply
- A grace period of 45 days on purchases
- Flexible repayment terms
Card service terms:
| Service | Individuals | Business | |
| Domestic credit card | Gold credit card | Business credit card | |
| Credit limit | 100,000-5,000,000 MNT equivalent | 5,000,001-30,000,000 MNT equal USD | 100,000-50,000,000 MNT equal USD |
| Term | Up to 2 years | ||
| Non-cash transaction interest rate | Monthly-1.8% | ||
| Annually-21.6% | |||
| Cash transaction interest rate | Monthly-2.4% | ||
| Annually-28.8% | |||
| Grace period (Purchase) | Up to 45 days | ||
| Collateral | Future income. | Future income. | |
| For credit cards over MNT 10 million, additional car or real estate collateral | For credit cards over MNT 20 million, additional car or real estate collateral | ||
| Cash limit (% of credit limit) | 75% | ||
| Maximum over-the-limit amount | 10% | ||
| Payment due day | From the 1st to the 15th of every month | ||
| Minimum payment | 10% used credit limit + total of interest and fee | ||
| Late payment fee | 1%, (min 10,000 MNT) | ||
| Over-the-limit fee | 2.00% | ||
| Loan Agreement Amendment Fee | 1.00% | ||
| Card fee | 20,000 MNT | 50,000 MNT | 30,000 MNT |
| Card reorder fee | 10,000 MNT | ||
| Urgent ordering card fee | 5,000 MNT | ||
| Daily transaction limit | |||
| POS /Merchant,Bank POS/ | 5,000,000 MNT | 10,000,000 MNT | 10,000,000 MNT |
| АТМ | 5,000,000 MNT | ||
| Additional conditions | Customer can request to increase their daily transaction limit | ||
| Deposit transaction | |||
| Deposit transaction at Arig bank branch | No fee | ||
| Cash withdrawal from branch | |||
| Arig bank | MNT accoount - no fee, Foreign currency - exchange rate of the bank. | ||
| Contracted bank | 300 MNT | ||
| Other bank | 500 MNT | ||
| Purchase transaction | |||
| Arig bank POS | No fee | ||
| Contracted bank POS | No fee | ||
| Other bank POS | No fee | ||
| Payment for Public services | 300 MNT for transaction over 10,000 MNT | ||
| 200 MNT for transaction below 10,000 MNT | |||
| Pin change /АТМ/ | 100 MNT | ||
| Pin change /Bank/ | 500 MNT | ||
| Internet Pin code /ATM/ | 100 MNT | ||
| Balance inquiry | |||
| Arig bank | no fee | ||
| Contracted bank | 100 MNT | ||
| Other bank | 100 MNT | ||
| Card limit | |||
| Number of transactions per day | 100 | ||
| Number of correct PIN attempts | 3 | ||
Cash transactions:
- Cash withdrawal transaction of any ATM
- Cash withdrawal transaction at the bank teller.
- Cash withdrawal transaction of Cash back service on POS terminal
- Any transfer transaction of internet bank
Non-cash transactions:
- Purchase transaction of POS
- Purchase transaction of E-Commerce
Required documents
- Personal ID
- 1% photo; /No more than 6 months/
- Salary reference from employer
- Other proof of income documents
Click HERE to see the general terms and conditions of the bank's products and services.
