EXCHANGE RATES 05/22/2017
USD BUY 1355 SELL 1358
SGD BUY 978 SELL 980
THB BUY 39.3 SELL 39.7
EUR BUY 1520 SELL 1523
EXCHANGE RATES     05/22/2017
USD BUY 1355 SELL 1358
SGD BUY 978 SELL 980
EUR BUY 1520 SELL 1523
THB BUY 39.3 SELL 39.7

KBZ UnionPay Credit Card

UnionPay International (UPI) (previously known as China UnionPay [CUP]) is a leading payment card brand similar to other International card brands such as Visa, MasterCard and American Express. The UnionPay card is increasingly becoming one of the most important credit cards in Asia. The UnionPay merchant acceptance network extends to over 160 countries and at over 7,000 merchant acceptance in Myanmar.

There are two (2) type of cards issued by KBZ Bank to cater for it’s diverse customer segment to spend now and pay later while enjoying the rewards & convenience of card services

  • KBZ UPI Classic Card
  • KBZ UPI Platinum Card

Platinum & Classic Card Features

Global UPI Merchant Acceptance

Global Cash Advance (OTC &ATM), POS and Online Purchase

Cash Advance Limit (20% of Credit Limit)

Secured by EMV Card Standard

Supplementary Cards up to 4 cards

Applicable to Bank & for Non Bank Customers

15-45 days of free revolving credit facility

Minimum Payment Options (10% or MMK 10,000 whichever is higher)

If the outstanding amount is below MMK 10,000, actual amount is applicable

24 x 7 Customer Service (+ 951370066)

Platinum Benefits

UnionPay Asia Prestige Program

(6 times / year free Airport VIP Lounge Access at over 400 Airports & Over 900 Lounges)

Overseas Travel Accident Insurance

( 2 times per year)

20% discount in any F & B outlets in Sule Shangri-La, Yangon for a maximum of 30 persons per visit except Banquet and in room dining

Personalized Service Assistance (Tel: +951370066)

Global Emergency Medical, Travel Assistance & Concierge Service (Tel: +662 205 7748)

Annual Fee Discount for Supplementary Cards

Joining Fee Discount for Supplementary Cards

Exclusive Merchant Discounts

  • KBZ Merchant Offerings
  • Travel Mate Asia

Classic Benefits

Annual Fee Discount for Supplementary Cards

Joining Fee Discount for Supplementary Cards

Exclusive Merchant Discounts

  • KBZ Merchant Offerings
  • Travel Mate Asia

Eligibility to Apply for Card

  • 21 Yeards and above for Primary
  • 18 years and above for supplementary

Minimun Monthly income:

  • Classic:MMK 300,000
  • Platinum: MMK 2,000,000

Classic(MMK)

Joining Fee

Principal-

10,000 MMK

Supplementary –

5,000 MMK

Annual Fee

Principal-

15,000 MMK

Supplementary –

7,500 MMK

Pin Reissue

3,000 MMK

Lost/ Stolen Card Replacement Fee

5,000 MMK

Over Limit

5,000 MMK

Temp Limit Increase

10,000 MMK

Platinum(MMK)

Joining Fee

Principal-

20,000 MMK

Supplementary –

10,000 MMK

Annual Fee

Principal-

100,000 MMK

Supplementary –

75,000 MMK

Pin Reissue

3,000 MMK

Lost/ Stolen Card Replacement Fee

10,000 MMK

Over Limit

10,000 MMK

Temp Limit Increase

10,000 MMK

Interest rate 13%
Cash Advance 2,000+ 2% (KBZ ATM)
5,000+ 2% (Other Bank ATM in Local)
USD 5 + 2 %(INTL ATM)
Balance Inquiry Free(KBZ ATM)
500 (Other Bank ATM in Local)
USD 1(INTL ATM)
Late Payment 5,000 + 2%(<90days)
5,000 + 5%(>90days)
Statement Reprint 1,000

Why choose KBZ Union Pay Credit Card?

Convenient

Never have to worry about not carrying enough cash when you are out.

Shop Online

Make online payments on e-commerce websites.

Secure

No need to worry about your cash being stolen with our EMV Smart Chip Technology

Overseas Travel Accident Insurance

KBZ Bank provides the Overseas Travel Accident Insurance only for KBZ UPI Platinum Cardholders, Myanmar Nationality and maximun of two times a year.

Global Airport VIP Lounge Service

Able to access Global Airport VIP Lounge Service.

Required Documents

Salaried(any two)

  • Pay slip
  • 3 Month Bank Statement
  • Employer confirmation letter
  • Copy of Tax Book

Self Employed(any two)

  • Last 6 month bank statment
  • Business license/ Company registration
  • Previous year Tax Receipt

Identification Document

  • Copy of NRC(both sides), Supplementary application included
  • Recent Passport Size Photo (applicable for principal cardholder)
  • Copy of Household Registration Certificate
  • Ward Registration Letter (Original)

Key details of UnionPay Asia Prestige Program (For Platinum Credit Cardhoders)

(a) Process to access to Global Airport VIP Lounge Service

  1. Once you have collected your card, you will receive SMS / email from DragonPass with website link   for you to download the Application to your smart phone together with user and password to enable you to login.

  2. Once log in, you will be able to see the Account Information (ID) and number of times you are entitle for the use of the lounge.
  3. Whenever you wish to use the Global VIP Lounge Service, you have to show the DragonPass ID on your smart phone, your International Passport, Boarding Pass and KBZ UPI Platinum Credit Card to the receptionist at the lounge to gain entry.

(b) Append below are the details of Global Emergency Medical & Travel Assistance and Concierge Services.

Global Medical Assistance Global Travel Assistance Concierge Services
  • Over-the Phone Medical Advice
  • Referral of Medical Service Provider
  • Hospital Admission
  • Guarantee of Medical Expenses incurred and
    Monitoring of Medical Condition during Hospitalisation
  • Medical Interpreter
  • Delivery of Essential Medicine
  • Emergency Medical Evacuation
  • Repatriation of Mortal Remains
  • Compassionate Visit for Cardholders Traveling Alone
  • Return of Minor Children
  • Arrangement of Accommodation
  • Lost Luggage and/or Passport Assistance
  • Referral of Lawyers and Legal Practitioners
  • Emergency Travel Service Assistance
  • Emergency Interpreter
  • Worldwide Consulate and Embassy Referral
  • Emergency Message
  • Hotel Referral and Reservation Assistance
  • Flight Information and Ticketing Assistance
  • Train or Rail Information and Ticketing Assistance
  • Golf Course Referral and Reservation Assistance
  • Global Concert and Performance Assistance
  • Dining Referral and Reservation
  • Flower and Gift Delivery Assistance

Key details of Overseas Travel Accident Insurance (For Platinum Credit Cardholders)

  1. KBZ Bank provides the Overseas Travel Accident Insurance only for KBZ UPI Platinum Cardholders, Myanmar Nationality and maximum of two times a year.
  2. Full benefit shall be paid to the nominated beneficiary in the event of death of the proposer caused by accident during the duration of this cover. The coverage of this insurance policy begins from the time when the proposer leaves Myanmar on a nominated day (departure date) and /or on receipt of the premium by Myanma Insurance and ends after the proposer arrives back to Myanmar on a nominated day (arrival date or up to the end coverage period as mentioned in policy).
  3. For  injury, approximate amount of benefit based on the extent of injury shall be paid.
  4. In any case maximum benefit out of this insurance shall not exceed MMK 5,000,000 for flight Trip and MMK 5,000,000 for Roundtrip.
  5. Prompt notice shall be given to the insurer in case of accident which may give rise to the claim and in no later than one month from the accident. The Burden of proof of death or injury for a claim is on the proposer or the beneficiary.
  6. The following supporting documents are required to submit with the claim:
    • Medical report from the Government hospital or clinic in case of injury
    • Death certificate in case of death
  7. The territorial limit of cover is within the country / countries stated in the proposal form
  8. For more information & details of the Terms & Conditions (T & C) of this Insurance, please read the detail T & C printed on the Travel Accident Insurance Registration Form or visit KBZ Bank website i.e www.kbzbank.com

Process to register for Overseas Travel Accident Insurance

  1. Before you travel, you are required to complete the prescribed Travel Accident Insurance Registration Form.

  2. The above mentioned prescribed Travel Accident Insurance Registration Form can be obtained from:
  3. After completing the form, please send the form before one week prior to departure to KBZ Bank Card department via email (hotline.cards@kbzbank.com) or fax to +95 1 370 177.
  4. Kindly call KBZ Platinum Helpdesk number +95 1 370 066 to confirm the receipt of the form by KBZ Bank.

Want to open this account?

Contact us today

Call us now

and speak to one of our advisors

(+95) 1-3700-55

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