Home > Personal Banking > Digital Banking Services > Credit Cards >TMB Phoenix Credit Card
Get the best of offers on your Tax Payment, Insurance, utilities and other business spends with our newly launched RuPay PHOENIX Credit card exclusively for Business customers.
| Features | TMB Phoenix Credit Card |
|---|---|
| Eligibility |
|
| Document Requirement | Latest IT return for 2 years. |
| Cash advance Limit | 25% of the sanctioned card limit.
Per day maximum limit of cash withdrawal is Rs.25,000/- |
| Free Add on Cards | Up to 1, for spouse. |
| Card issuer | RuPay Platinum. |
| Credit Period | Free up to 45 days |
| Minimum repayment on Revolving Credit | A Minimum of 10% of the monthly total billed amount, subject to minimum of Rs.500/- |
| Card Validity | 3 Years |
| Pin Generation |
Customer Portal: Click the link to login into Customer self-care portal to activate your credit card. https://tmbphoenixcredit.m2pfintech.com/loginV1 Steps to login to customer self-care portal
Steps to activate and set PIN for your credit card.
The same steps to be followed to change Credit Card PIN anytime. |
| Card Issuance Charges | Free |
| Joining Fee | Free |
| Annual Renewal Fee | Rs.500/- for primary card and Rs.250/- for add on cards.(Waived off if customer spends Rs.1,00,000/- in a calendar year). |
| EMI | Available for spends in single or cumulative to Rs.5,000/- & above for specific spend categories.(except cash withdrawal). |
| Charges for revolving Credit | 24% per annum from the date of transaction if the total amount due is not paid fully on due date. |
| Revolving Credit | Refer attached MITC. |
| Charges for Cash withdrawal at TMB ATM | 3% of transaction amount subject to a minimum of Rs.30/-. |
| Charges for cash Withdrawal at other ATMs | 3% of transaction amount subject to a minimum of Rs.30/-.(additional charges levied by the Off Us bank if applicable) |
| Finance Charges for cash Withdrawal | 24% per annum from the date of cash withdrawal till repayment. |
| Foreign Currency Transaction-Conversion Markup | Up to 3.50% |
| Late Payment Fee | Rs.250 + GST ,shall be collected if Minimum Amount Due(MAD) is not paid within due date. |
| Duplicate statement Charges | Rs.100/- per statement for statements more than 2 months old. |
| Hot listing charges | NIL |
| Billing Date | 25th of every Month |
| Due Date for payment | 10th of succeeding month |
| E-statement | Consolidated statement sent to Cardholders email ID on Billing Date. |
| SMS/Email | SMS & Email sent to Cardholders on every payment irrespective of amount. |
| Credit Card repayment procedure. |
Internet Banking: Login into Net banking -> General Services -> Service Requests ->New Requests -> Credit Card Payment -> Fill details & submit online. NEFT/RTGS: Bill payment can be made by NEFT/RTGS to
Over the Counter:Customers can pay credit card bills at any TMB branches. Debit from Current Account:The Card Holder needs to fund his Current Account on or before 10th of every month. On 10th morning the credit card bill amount is automatically adjusted in the Current account. |
| Insurance Coverage |
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