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
- Balance Transfer facility
- 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
Transaction Value |
Above LKR 25,000/- |
Above LKR 100,000/- |
Above LKR 500,000/- |
Time Frame (Months) |
6M |
12M |
18M |
24M |
36M |
48M |
60M |
Up front Handling Fee |
0.84% |
0.75% |
0.75% |
0.75% |
0.75% |
0.76% |
0.77% |
- The eligible transaction amount to be converted for ESP
- minimum transaction value is LKR 25,000/-
- maximum transaction value is LKR 1.5 Million.
- Transaction amount could be converted up to 100% of the Permanent Credit Limit.
- A transaction can only be converted to ESP facility within 30 days from the date of the transaction.
- Transactions must not be combined when converting to instalments.
- Only the full transaction value can be converted under the ESP facility.
- There is no limit for number of active ESP’s (excluding 0% plans) that can co-exist on a particular card account.
- This is only applicable for transactions processed via local merchants. (Merchant Country must be Sri Lanka & the Transaction currency must be LKR)
- Not applicable for Cash Advances, Gambling Payments & Payments made to Financial Institutes.
- All the other prevailing terms and conditions on converting a purchase transaction to an ESP will be applicable.
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 3%
- 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 3% will be added to the rate, in order to reflect the current local exchange rates.
Offers
find the offer that best suits your needs.
