Features and Rules:
1- Validity: 2 Years.
2- Currency: Iraqi Dinar, and the withdrawal outside Iraq is in the currency of the local country of the transaction.
3- Holder of VISA PLATINUM Card can make online purchases or direct purchases via Point of Sales inside and outside Iraq.
4- Cash withdrawal inside and outside Iraq from ATM is (IQD 2,000,000) maximum per day or equivalent. The maximum withdrawal per transaction is (IQD 750,000).
5- Supplementary Cards: Card Holder may get issued supplementary cards.
6- Card Holder must be one of TBI primary clients or is introduced and known by one of those primary clients.
7- Collateral for the Card is to be decided by TBI for after reviewing the client’s requested Credit limit and the cardholder is obliged to provide the collateral upon approval.
8- Available for Iraqi citizens only.
9- VISA PLATINUM card holder shall avail an additional PRIORITY PASS Card to enjoy the benefits provided at most of the International airports for customers using VIP lounges.
Fees and Commissions:
1- VISA PLATINUM card issuance fees is: (IQD 70,000), in addition to (IQD 25,000) for SMS services (Optional).
2- Security Deposit: (110 % of the Credit limit approved for card, non-refundable unless 30 days after the date of Card closure request received.
3- SMS commission of (IQD 25000) is deducted annually from the customer's account (from those customers who have availed the service).
4- No additional fees shall be levied for online shopping or Point of Sales purchases.
5- Withdrawal commission from TBI ATMs is 3.75% of the total cash amount or (IQD 25,000) (whichever is higher). For the withdrawal from non-TBI ATMs inside Iraq, there is a charges for (IQD 2,000) and 2.5% of the total cash amount or (IQD 5,000) outside Iraq (whichever is higher).