The Fastest and Most Detailed Guide to Opening a MB Credit Card

MB . credit card Card is one of the most popular and used cards by customers today. In the article below, customers can refer to the detailed conditions, procedures and how to apply for MBBank card opening from AZ.

What is MB Military Bank Credit Card?

MBBank credit card is a card product issued by MBBank military bank. Credit cards allow customers to spend first and refund later. The bank will give customers a limit for payment and spending. You will "borrow" money from the bank in advance to spend and need to pay back within 45 days.

see more: What is MBBank?

Advantages of MB . Bank Credit Card

Advantages of MB's card are:

Spend first, refund later, interest free for 45 days.
Pay anytime, anywhere, pay bills, shop and use domestic and international services.
Customers enjoy incentives, promotions, refunds, redemption points, etc.
Payment for shopping on domestic and foreign e-commerce platforms.

Types of MB Credit Cards Issuing

Currently, MB is issuing 2 credit card products which are:

MB JCB Sakura international credit card
MB Visa international credit card

MB JCB Sakura international credit card

MB JCB Sakura Classic International Credit Card
MB JCB Sakura Platinum International Credit Card
MB JCB Sakura Gold International Credit Card

MB Visa international credit card

MB Visa Platinum Credit Card
MB Visa Gold Credit Card
MB Visa Classic Credit Card

MB . Credit Card Opening Conditions

Conditions for opening a credit card of Military Bank are:

Be a Vietnamese citizen or a foreigner residing in Vietnam
Individuals aged 18 years or older.
Having household registration/KT3 at the place where MB bank has a branch/transaction office.
Minimum monthly income from 5 million VND/month
The client's working history at the current unit/company is at least 1 year or more
Labor contract from 1 year or more and the remaining term of the contract is at least 6 months
Have salary transferred to account or cash

MBBank Credit Card Opening Documents

Customers can open a card with a third-party credit, mortgage or guarantee.

For credit documents

Original registration certificate with terms of card issuance and use provided by MB.
Copy of valid ID card or passport
Copy of Passport / KT3; or residence permit, valid Visa
Copy of labor contract, appointment decision, promotion decision, salary increase....
Copy of salary sheet, salary receipt, account statement for the last 3 months.

For the application for opening a card with a 3rd party guarantee

Original guarantee form of the unit
Original international credit card issuance registration certificate
Copy of valid ID/Passport as prescribed by law
Documents related to collateral (original)

For mortgage card opening documents

Original copy of international credit card issuance registration form according to the bank's form
Copy of ID card; or Passport still valid as prescribed by law
Documents related to collateral (original).

Instructions to Apply for Military Credit Card

Customers can register to open a card directly at the transaction counter or online on the website.

Open MB Online Credit Card

The steps to open an online card are:

Step 1: Visit MBBank's homepage https://mbbank.com.vn/
Step 2: Choose to apply for a visa card.
Step 3: Fill in your personal information and other information in the card opening registration.
Step 4: Enter Auth Code.
Step 5: Check “I agree to the banking terms”. Then, check the information and click Sign Up.
Step 6: Waiting for the results of the bank's approval.

Open a Credit Card at the Counter

To open a credit card at a counter, customers only need to follow these steps:

Step 1: Prepare all required paperwork to the nearest MB branch/transaction office.

Step 2: Get the order slip and wait for your turn to trade

Step 3: Enter the counter printed on the ticket

Step 4: Present ID card/passport and request to open MBBank credit card

Step 5: Bank staff receive the request

Receive the card issuance application form and complete the information
Bank staff receive the application and verify the information in the file
Choose a credit card that suits your financial ability

Step 6: Complete

Agree on the MB credit card product to open with the bank staff
Receive appointment letter for card collection date from bank staff

Note the MB bank's working hours when opening a card at the transaction office.

MBBank Credit Card Usage Fee Schedule

The fee for using the card service that MBBank is applying is:

Fee type	MB . credit card	Charges
1. Issuance fee	Visa card	New issuance of standard class (including primary and supplementary cards): 100,000 VND/card New issuance of gold class (including primary and supplementary cards): 200,000 VND/card New issuance of platinum class for primary/sub-card: 300,000 VND/card
	JCB Sakura Card	New issuance of standard class (including primary and supplementary cards): 100,000 VND/card New issuance of gold class (including primary and supplementary cards): 200,000 VND/card New issuance of platinum class (including primary and supplementary cards): 300,000 VND/card
	SSC . Card	Free
2. Annual fee	Visa card	Main card: Standard class: 200,000 VND/year Gold: 500,000 VND/year Platinum grade: 800,000 VND/year Supplementary Card: Standard class: 100,000 VND/year Gold class: 200,000 VND/year Platinum grade: 600,000 VND/year
	JCB Sakura Card	Main card: Standard class: 200,000 VND/year Gold class: 400,000 VND/year Platinum grade: 600,000 VND/year Supplementary Card: Standard class: 100,000 VND/year Gold class: 200,000 VND/year Platinum grade: 300,000 VND/year
	SSC . Card	200,000 VND/year
3. Withdrawal fee	All types of cards	On MB's ATM: 3% of the transaction amount, at least 50,000 VND On another bank's ATM: 4% of the transaction amount + Collected payment bank fee (if any). Minimum 50,000 VND.

see more: Latest updated Mb bank fee schedule

MB . Credit Card Interest Rate

The latest updated credit card product interest rates applied by MBBank are in the following table:

Product/customer group	Card class
Product/customer group	Standard (Classic), Gold (Gold)	Platinum (Platinum)
MB Visa credit card
Normal customer	23.9%	22.9%
Military customers	22.9%	21.9%
MB JCB Sakura credit card
Normal customer	23.9%	22.9%
Military customers	22.9%	21.9%
Link card VINID MB VISA	23.9%
MB JCB SSC international credit card	23.9%

What is the MBBank Card Overdue Interest Rate?

If within 45 days, the customer is unable to pay all or 5% of the outstanding balance, the bank will apply a late payment penalty fee. The minimum penalty fee is 3%, the maximum is 8% of the late payment amount.

Can MB Credit Card Withdraw Cash?

MBBank credit card can withdraw 100% cash of limit at ATMs of all banks nationwide. Withdrawal fee is 3% of withdrawal amount plus payment fee.

See more:

Conclusion

MB . credit card There are many offers and benefits for customers. Through the above article, customers can refer to the service fee, interest rate and penalty fee that MB bank is applying. Customers can register to open a card online or directly at the counter.

Information edited by: lamchutaichinh.vn