Cards
MPU Credit Card
The KBZ MPU Credit Card is the most sophisticated and simple to use anywhere in the country that is connected to MPU. Since MPU Credit Card allows customers to effortlessly make transaction, it is very practical for online/offline payment, shopping and dining at the restaurants.
Benefits
Card Validity
3 years
Currency
MMK
Over Limit
10% of Credit Limit
Cash Advance Limit
50% of Credit Limit
Card Activation
KBZ Branches
POS Purchase Limit
Domestic – 5 Million MMK/Day
ATM Withdrawal Limit
Domestic – 1 Million MMK/Day
Transaction Limit
Domestic – 5 Million MMK/Day
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 30,000 MMK |
| • Renewal Fee (Supple) | – 15,000 MMK |
| • Annual Fee (Principle) | – 80,000 MMK |
| • Annual fee (Supple) | – 40,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 10,000 MMK |
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 20,000 MMK |
| • Renewal Fee (Supple) | – 10,000 MMK |
| • Annual Fee (Principle) | – 40,000 MMK |
| • Annual fee (Supple) | – 20,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 7,000 MMK |
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 15,000 MMK |
| • Renewal Fee (Supple) | – 7,500 MMK |
| • Annual Fee (Principle) | – 20,000 MMK |
| • Annual fee (Supple) | – 10,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 5,000 MMK |
| Minimum Requirement | 100% of Deposit Amount |
| Credit Limit | Classic – MMK 2 Lakhs to 50 Lakhs Gold – MMK 10 Lakhs to 50 Lakhs Platinum – MMK 10 Lakhs to Maximum Credit Limit 300 Lakhs |
| Period of Facility | 3 Years |
| Billing Cycle | On 15th of each month |
| No Interest Period (applicable only for full payment | 45 Days (Starting from beginning of billing date and end on the payment due date) |
| Interest Rate | 20% |
| Repayment Amount | – Full Payment – Partial Payment – Minimum Payment – 10% of Total Outstanding |
| Repayment Method | – Auto debit from customer current Individual or Join Account (Personal) a/c – OTC at branch – Mobile Banking (QuickPay) – KBZPay (QuickPay) |
| Supplementary Card | Maximum 4 Supplementary Card |
| Required Document | – Application Form – NRC (Front/Back) |
| Processing Time | – 3 Working Days (Yangon Region) – 7 Working Days (Other Region) |
Guide to using MPU Credit Card
Since your credit card is only in inactive mode, it is necessary to activate the card at the KBZ bank branch when you pick up the card.
To do the Card Activation
- There is a signature area on the back of the card, you must sign in that space.
- The activation form must be signed.
Steps to change ATM PIN
- Insert your credit card into the nearest KBZ ATM machine.
- After inserting the card at the KBZ ATM, KBZ Bank will send a One-time Password (OTP) Message to your mobile phone that you provided when you applied for the card.
- When you receive the OTP (6) numbers, enter them in the ATM machine.
- To change the new PIN, enter the new ATM PIN (6) numbers that you want to keep two times.
MPU Credit Card
(Platinum)
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 30,000 MMK |
| • Renewal Fee (Supple) | – 15,000 MMK |
| • Annual Fee (Principle) | – 80,000 MMK |
| • Annual fee (Supple) | – 40,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 10,000 MMK |
MPU Credit Card
(Gold)
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 20,000 MMK |
| • Renewal Fee (Supple) | – 10,000 MMK |
| • Annual Fee (Principle) | – 40,000 MMK |
| • Annual fee (Supple) | – 20,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 7,000 MMK |
MPU Credit Card
(Classic)
| • Joining Fee (Principle) | – Free |
| • Joining Fee (Supple) | – Free |
| • Renewal Fee (Principle) | – 15,000 MMK |
| • Renewal Fee (Supple) | – 7,500 MMK |
| • Annual Fee (Principle) | – 20,000 MMK |
| • Annual fee (Supple) | – 10,000 MMK |
| • Card Fees | – Free |
| • PIN Reissuing Fee | – Free |
| • Cash Advance Fee (KBZ ATM) | – 3% (Min. 5,000 MMK) |
| • Cash Advance Fee (MPU ATM) | – 3% (Min. 5,000 MMK) + Other Bank Charges |
| • Balance Inquires Fees (KBZ ATM) | – Free |
| • Balance Inquires Fees (MPU ATM) | – Free |
| • Card Replacement Fees | – 10,000 MMK |
| • Late Fees (Per Month) | – 2.5% (Min. 10,000 MMK) |
| • Interest (Per Annum) | – 20% |
| • Limit Charge Fee | – 10,000 MMK |
| • Over Limit Fee (Per Month) | – 5,000 MMK |
Minimum Requirement
100% of Deposit Amount
Credit Limit
Classic – MMK 2 Lakhs to 50 Lakhs
Gold – MMK 10 Lakhs to 50 Lakhs
Silver – MMK 10 Lakhs to Maximum Credit Limit 300 Lakhs
Period of Facility
3 Years
Billing Cycle
On 15th of each month
No Interest Period (applicable only for full payment)
45 Days (Starting from beginning of billing date
and end on the payment due date)
Interest Rate
20 %
Repayment Amount
• Full Payment
• Partial Payment
• Minimum Payment – 10% of Total Outstanding
Repayment Method
• Auto debit from customer current Individual or Joint Account (Personal) a/c
• OTC at branch
• Mobile Banking (QuickPay)
• KBZPay (QuickPay)
Supplementary Card
• Maximum 4 Supplementary Card
Required Document
• Application Form
• NRC (Front/Back)
Processing Time
• 3 Working Days (Yangon Region)
• 7 Working Days (Other Region)
Guide to using MPU Credit Card
Since your credit card is only in inactive mode, it is necessary to activate the card at the KBZ bank branch when you pick up the card.
To do the Card Activation
- There is a signature area on the back of the card, you must sign in that space.
- The activation form must be signed.
Steps to change ATM PIN
- Insert your credit card into the nearest KBZ ATM machine.
- After inserting the card at the KBZ ATM, KBZ Bank will send a One-time Password (OTP) Message to your mobile phone that you provided when you applied for the card.
- When you receive the OTP (6) numbers, enter them in the ATM machine.
- To change the new PIN, enter the new ATM PIN (6) numbers that you want to keep two times.
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