Credit cards

Credit cards give you the opportunity to make purchases and to withdraw cash around the world, using not only your own funds, but also the funds available fr om any credit limits granted by the Bank, for interest-free (grace) period. A credit limit is granted to clients using a deposit with the bank as security. You can apply for a credit card by contacting your account manager, or by contacting any of the Bank’s branches.

Card fees and parameters

RCB Gold
RCB Classic
Main credit card's annual fee
(first card)
Free 15 EUR
Main credit card's annual fee (second and each consecutive card) 20 EUR 20 EUR
Supplementary credit card's annual fee Free
first and second card

20 EUR
third and each consecutive card
20 EUR
Issuance of Visa Gold card (one-off payment) Issued by default 50 EUR
Urgent card and PIN production (next business day) 10 EUR 15 EUR
Credit card
re-issue/replacement
Free 15 EUR
Annual interest rate on credit card 10% 12%
Annual interest rate on credit card during the grace period
(up to 50 days)
0% 0%
Monthly interest on credit not repaid on time 2% 2%
Commission for exceeding the established card’s credit limit 2% 2%
Commission for cash withdrawals from the ATMs of the Bank Free Free
Commission for cash withdrawals from the ATMs of other banks in Cyprus Free
three transactions1

1% (min. 1 EUR)
fourth transaction and each consecutive
Free
two transactions1

2% (min. 2 EUR)
third transaction and each consecutive
Commission for cash withdrawals from the ATMs outside Cyprus 2,5% (min. 2,5 EUR) 3% (min. 3 EUR)
Commission for cash withdrawals from the cash points of other Banks 2,5% (min. 2,5 EUR) 3% (min. 3 EUR)
Foreign exchange commission
(for non-Euro transactions)
2% on transaction amount 2,9% on transaction amount
SMS-Notice Free Free
Card and PIN mailing to client’s address (by courier) 70 EUR 70 EUR
Daily transaction limit (set by default and may be changed upon client request) 10.000 EUR 3.000 EUR
Daily cash withdrawal limit from the ATMs of the Bank 1.000 EUR 1.000 EUR
Daily cash withdrawal limit (set by default and may be changed upon client request) 1.000 EUR 1.000 EUR
Daily limit for card not present transactions (internet purchases and other card not present transactions) - set by default and may be changed upon client request 10.000 EUR 3.000 EUR
Monthly limit for card not present transactions (internet purchases and other card not present transactions) for сards with no SMS-Notice service activation - set by default and may be decreased upon client’s request 200 EUR 200 EUR

1ATM cash withdrawals are calculated per month per account regardless the number of cards linked to the account.

Advantages of the Bank’s credit cards
  • Competitive commissions and charges;
  • A grace period of up to 50 days allows you to make use of credit without paying interest;
  • A low and competitive interest rate once the grace period is over allows you to reduce your expenditure;
  • Setting a credit limit against the security of a deposit with the Bank means you can make use of additional funds without losing interest on a deposit;
  • The minimum monthly payment is 8% of the used credit limit, which means you can repay an amount due efficiently;
  • Flexibility to adjust daily limits on card transactions quickly in order to purchase big-ticket items;
  • The RCB Club programme gives you discounts and benefits when you pay for goods and services using a credit card issued by the Bank.