Credit Cards
Discover the world of privileges with People’s Credit cards and benefit from exclusive offers that save your money and enhance your life experience.
Choose from People’s Bank’s list of credit cards and apply for a credit card that is suited best for your needs.
For Whom
Sri Lankan Citizens between the ages of 18- 65
Required Documents
If Salaried;
- Duly Completed Credit Card Application
- Copy of valid NIC / Driving License/ Passport
- Copy of Service ID Card/ Service Confirmation Letter Issued by the employer
- Certified last two months’ salary slips
- Billing proof documents when required
If Self-employed / Business:
- Duly Completed Credit Card Application
- Copy of valid NIC / Driving License/ Passport
- Copy of Business Registration
- Income Proof Documents (Not Applicable for existing People’s Bank Customers)
- Billing proof documents when required
Key Features & Benefits
- Great Deals & Offers throughout the year
- Instalment Payment Plans
- Free Overseas Travel Insurance
- Supplementary cards for your family members
- Interest-free credit period of up to 51 days for all your purchases
- Multiple credit card bill repayment options through People’s Pay mobile banking App, Internet Banking, Cash Deposit Machines, Standing Order & Branch Network
- Tap & Go (NFC) facility for more convenient and safer transactions
- 3D secure service offers added security to your credit card when shopping online
- SMS notification for every transaction made
- FREE e- statement Service
- FREE Missed Call Balance service via 0716490400
- Eligible transaction amount: Rs. 25,000 to Rs. 1,000,000
- Available tenures: 12, 24, 36, 48 and 60 months
- Revised customer handling fee structure applicable according to the below Terms and Conditions.
- Customers may convert eligible transactions by calling the Call Centre via 1961 within 30 calendar days from the transaction date.
Amount |
Maximum Tenor (Months) |
Rs. 25,000 - Rs. 1,000,000 |
12,24,36,48,60 |
Tenure
|
Transaction Amount (LKR)
|
25,000 - 99,000
|
100,000 - 499,000
|
500,000 - 1,000,000
|
12 Months |
2,500 |
2,500 |
2,500 |
24 Months |
3,000 |
6,000 |
9,500 |
36 Months |
3,500 |
12,000 |
22,000 |
48 Months |
4.50% |
4.50% |
4.50% |
60 Months |
6.00% |
6.00% |
6.00% |
- The promotion is open to all Credit Cards issued by People’s Bank.(Excluding Corporate Cards)
- Customers can convert transactions within the Credit Card Limit. Customers can only convert transactions within the Permanent Credit Card Limit.
- People’s Bank accepts no liability for the quality of goods and services purchased during the promotional period.
- If any dispute arises regarding any of the Terms and Conditions contained herein, the decision of the Bank shall be final.
- The Bank reserves the right to modify or change all or any of the rules applicable to this Promotion and/or features of this Promotion at any time and also reserves the right to extend or shorten the duration of the Promotion and/or withdraw or cancel the Promotion at any time without prior notice.
- The promotion is bound by the terms & conditions of the People’s Bank and the service establishment.
- General terms and conditions pertaining to Credit Cards of the Bank will continue to apply
- Customer cannot execute transactions in own business premises
- The customers must Convert the Transaction within 30 calendar days from the date of performing the transaction.
- To settle an installment plan early, customers must pay the total outstanding instalment amount along with the full handling fee charges.
- The IPP promotion not valid on Cash advance, Fuel, Liquor & Tobacco Products, Casino’s transactions, Gambling Payments, Donations or any transaction that is not for personal usage, (Bulk purchases not allowed) or as deemed not eligible by the bank.
- Capital Payment Transactions are not allowed. (Eg-House Purchases, Vehicle Purchases Etc.)
- If any dispute arises regarding any of the Terms and Conditions contained herein, the decision of the Bank shall be final.
- The Bank reserves the right to modify or change all or any of the rules applicable to this Promotion and/or features of this Promotion at any time and also reserves the right to extend or shorten the duration of the Promotion and/or withdraw or cancel the Promotion at any time without prior notice.
Tenure (Months) |
6 M |
12 M |
18 M |
24 M |
Upfront Handling Fee |
0.83% |
0.75% |
0.75% |
0.75% |
- Minimum Loan Value LKR 50,000/-
- Customers can take quick cash loans up to 70% of the available credit limit.
- The loan-on-card facility is only applicable for Platinum, Signature, World & Infinite credit cards in the bank.
- Customers can pay from 6 to 24 months
- An Upfront Handling Fee mentioned in the above table is applicable for loan-on-card facilities.
- No Cash advance fee will be charged
- The customer must send a Loan on Card request to card@peoplesbank.lk in order to start the loan process.
- The Card Centre will verify the customer request details before processing the facility
- Loan on Card facility amount will be issued by debiting the cardholder's card account through a transfer of funds to a designated people’s bank Savings / Current account/ Cheque drawn in favor of the cardholder.
- The credit limit on the Cardholders account will be blocked by a value equal to the capital amount of the Loan On card facility and the applicable handling fee and will be released and be available for the cardholder upon as and when the monthly installments are billed and paid in the subsequent months.
- For More details Call 1961 / email: card@peoplesbank.lk
Conditions for Foreign Transactions
- Cross Border Transaction Mark-up fee is 4%
- For further details, contact 1961
- Note
- Exchange rate applicable for foreign currency transactions on Credit Cards.
Foreign currency transactions will be converted using exchange rates determined by the payment scheme.
Further, an additional amount of 2.5% will be added to the rate, in order to reflect the current local exchange rates.
Offers
find the offer that best suits your needs.
