KBZ UnionPay Credit Card
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
Announcement to KBZ UnionPay Cardholders
Kindly be informed that effective 1.1.2018, for new card applications, the bank will stop providing the benefit of Sule Shangri-La GEM membership as the hotel is discontinuing the program.
However, for existing cardholders, the current Sule Shangri-La membership will be honored until the membership card expires.
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
MPT Customers – 09951018555
Non-MPT Customers – 8555
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)
50% Joining Fee Discount for Supplementary Cards
25% Annual Fee Discount for Supplementary Cards
Personalized Service Assistance
MPT Customers – 09969508666
Non-MPT Customers – 8666
Global Emergency Medical, Travel Assistance & Concierge Service (Tel: +662 205 7748)
Exclusive Merchant Discounts
- KBZ Merchant Offerings
- Travel Mate Asia
Classic Benefits
50% Joining Fee Discount for Supplementary Cards
50% Annual 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
UPI Credit Card – Classic
| Fees & Changes | Classic |
|---|---|
| Joining Fee (Principle) | 15,000 MMK |
| Joining Fee (Supple) | 7,500 MMK |
| Annual Fee (Principle) | 20,000 MMK |
| Annual fee (Supple) | 10,000 MMK |
| Pin Reissuing Fee | Free |
| Replacement Card Fee | 10,000 MMK |
| ATM Withdrawal Fee (KBZ ATM) | 3% (Min. 5,000 MMK) |
| ATM Withdrawal Fee (MPU's ATM) | 3% (Min. 5,000 MMK) |
| ATM Withdrawal Fee (International ATM) | 3% (Min. 5,000 MMK) |
| LATE Fee(Per Month) | 2.5% (Minimum 10,000 MMk) |
| Balance Inquires Fee ( Any ATM) | Free |
| Interest (Per Year) | 20% |
| Temporary Limit fee | 10,000 MMK |
| Over Limit Fee | 5000 MMK |
| Bank Statement Printing Fee | 1,000 MMK |
UPI Credit Card – Platinum
| Fees & Changes | Platinum |
|---|---|
| Joining Fee (Principle) | 30,000 MMK |
| Joining Fee (Supple) | 15,000 MMK |
| Annual Fee (Principle) | 120,000 MMK |
| Annual fee (Supple) | 75,000 MMK |
| Pin Reissuing Fee | Free |
| Replacement Card Fee | 10,000 MMK |
| ATM Withdrawal Fee (KBZ ATM) | 3% (Min. 5,000 MMK) |
| ATM Withdrawal Fee (MPU's ATM) | 3% (Min. 5,000 MMK) |
| ATM Withdrawal Fee (International ATM) | 3% (Min. 5,000 MMK) |
| LATE Fee(Per Month) | 2.5% (Minimum 10,000 MMk) |
| Balance Inquires Fee ( Any ATM) | Free |
| Interest (Per Year) | 20% |
| Temporary Limit fee | 10,000 MMK |
| Over Limit Fee | 10,000 MMK |
| Bank Statement Printing Fee | 1,000 MMK |
Why choose KBZ UnionPay 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
- 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.
- 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.
- 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 | Lost Luggage and/or Passport Assistance | Hotel Referral and Reservation Assistance |
| Medical Interpreter | Referral of Lawyers and Legal Practitioners | Flight Information and Ticketing Assistance |
| Delivery of Essential Medicine | Emergency Travel Service Assistance | Train or Rail Information and Ticketing Assistance |
| Emergency Medical Evacuation | Emergency Interpreter | Golf Course Referral and Reservation Assistance |
| Repatriation of Mortal Remains | Worldwide Consulate and Embassy Referral | Global Concert and Performance Assistance |
| Compassionate Visit for Cardholders Traveling Alone | Emergency Message | Dining Referral and Reservation |
| Return of Minor Children | Flower and Gift Delivery Assistance | |
| Arrangement of Accommodation |
Key details of Overseas Travel Accident Insurance (For Platinum Credit Cardholders)
- KBZ Bank provides the Overseas Travel Accident Insurance only for KBZ UPI Platinum Cardholders, Myanmar Nationality and maximum of two times a year.
- 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).
- For injury, approximate amount of benefit based on the extent of injury shall be paid.
- 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.
- 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.
- 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
- The territorial limit of cover is within the country / countries stated in the proposal form
- 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
- Before you travel, you are required to complete the prescribed Travel Accident Insurance Registration Form.
- The above mentioned prescribed Travel Accident Insurance Registration Form can be obtained from:
- KBZ Bank branches
- KBZ Bank website. Request Travel Insurance Application Form , Claim Travel Insurance Application From
- After completing the form, please send the form before one week prior to departure to KBZ Bank Card department via email ([email protected]) or fax to +95 1 370 177.
- Kindly call KBZ Platinum Helpdesk number +95 1 370 066 to confirm the receipt of the form by KBZ Bank.
Notification of Card Dispute & Chargeback Policy
Kindly take note the below timeline to dispute any transactions arising from your card account. Please check your statement regularly. Failing which you may loose your right to dispute the transaction.
KBZ Debit Cards
- Within 30 days from the transaction date
KBZ Credit Cards
- Within 60 days from the transaction date
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