Chat with us, powered by IDBank
Mastercard Mastercard international payment system


Mastercard system of international payment cards

  • Annual service fee
    3 000 AMD or 10 000 AMD
  • Currency
  • Annual % on the positive balance

Get your Mastercard international payment card and have permanent access to your funds; Mastercard international payment cards are accepted in all ATMs, trade and service points worldwide, as well as in online environment. You can receive the card within 2-5 business days after submitting the application.
Card account opening is free of charge. Any individual above 14 (fourteen), who uses payment card issued by the Bank or applied to the Bank for getting the card, can be a cardholder of the Bank.

Order your card now
MasterCard Standard
MasterCard Gold
Card account annual service fee 3000 AMD
Name Required field
Surname Required field
Required field
E-mail Required field Wrong E-mail
Attach your passport and PPS/reference about absence of PPS
You can attach only PDF, JPEG, PNG, GIF
Attach a document

The file size should not exceed 32 MB.

Invalid file format. Please attach only PDF, JPG, PNG, GIF files.

I confirm that I have read the Payment Card Information Bulletin and Payment Card Terms and Conditions, and I give my consent to IDBank to process and provide my personal data to third parties, if necessary, in accordance with the RA Law on Protection of Personal Data.

The page was updated 17.04.2020 16:52


Mastercard international payment card system

Mastercard payment card is one of the most widely spread cards in the world. It is accepted almost in all trade points, service units, ATMs.

Issuance and service fees



Mastercard Standard

Mastercard Gold


Currency of the account



Issuance of cards within 2-5 business days

Free of charge

3․ Card operation period 5 years


Instant issuance of the card1՝ within one banking day

5 000 AMD


Annual service fee (for card account)

3 000 AMD

10 000 AMD


Minimum balance



Annual simple interest rate applied to the positive balance of the card account



Issue of the duplicate card in the same validity period in case the card or the PIN code is lost, stolen.

2 000 AMD


Re-issue of the expired card

Free of charge


Card blocking

Free of charge


Card unblocking

Free of charge


Inclusion of the card in the international STOP list (7 days’ period in one region)

10 000 AMD


Provision of monthly statement of the card account at the Bank, through postal service or e-mail

Free of charge


Provision of additional statement of the card account at the Bank, through postal service2, or e-mail

1 000 AMD


Fee for each SMS

Free of charge


Provision of an additional card

Free of charge


Annual fee for monthly service of the additional card

1 500 AMD

5 000 AMD


Replenishment of card account

AMD, USD, EUR – Free of charge

RUB – according to the rates established by the Bank on the given date


Fee for cash withdrawal with the use of card from the Bank’s ATMs


20․ Fee for cash withdrawal with the use of card from the Bank’s cash points (POS terminals) 0.5%


Fee for cash withdrawal without the use of card from the Bank’s cash points

According to the fee applicable for cash withdrawal from the Bank’s ATMs and cash withdrawal points (POS terminals) established for the given type of card.


Fee for withdrawal of cash from cash withdrawal points of other banks of ArCa system



Fee for withdrawal of cash from ATMs and cash withdrawal points of foreign banks and those banks, which are not members of ArCa system

1.5%, minimum 1 500 AMD


Fee for card to card transfers (through ATMs and virtual cards)



Fee for non-cash transactions

Free of charge


Daily cash withdrawal limits

2 500 000 AMD

5 000 USD/EUR

200 000 RUB

5 000 000 AMD

10 000 USD/EUR



Daily quantity of cash withdrawal transactions



Fee for permanent or temporary change of limits

1 000 AMD


Closing card account and card return

Free of charge

1Instant issuance of a card is available in Vardanants branch of the Bank only.

2Statements are provided to the customers in and out of the Republic of Armenia if aggregate fee for postal services and corresponding tariffs of the Bank is available on the customer’s account.


1. The Bank’s cards are settlement cards, and these cards enable withdrawal of cash within the limits available for the cardholder, card crediting, making non-cash transactions/operations, on the account of facilities available on the card account and credit line/overdraft provided by the Bank.
2. VAT taxable fees include the VAT.
3. Fees for salary cards issuance and processing are determined separately, according to respective agreements.
4. The Bank has the right to unilaterally change the size of interest for facilities available on the account upon giving 15 days prior notice to the card holder.
5. The Bank acts as a tax agent and has the right to calculate and pay tax on income (10%) from the interest received for facilities available on the account.
6. Any disputes between the Parties are resolved through negotiations.
Disputes between the Parties may be resolved by the Financial System Mediator (in accordance with the RA Law On Financial system mediator) or in Arbitrage (in the order, set by the RA “On commercial arbitrage”).
7. In order to activate SMS service and e-mail address, you need to visit the Head office of the Bank or any branch and fill in the appropriate application. Don’t forget to take ID document.
8. Card is provided to the client within 2-5 banking days after submitting the application to the Bank and after signing the maintenance agreement.
9. The client is also given an envelope with special PIN code inside. The PIN code must be used by the client only, who must keep the PIN code access impossible for the third parties. It is recommended to keep the PIN code away from the card.
10. Upon the expiration of validity term the cards are re-issued by the consent of the cardholder.
11. Priority Pass cards are given to Visa Platinium cardholders free of charge; re-issuance is free of charge as well. Each entry to Priority Pass halls anywhere is AMD 15.000 per person.
12. Exchange rate for card transactions denominated in foreign currency (where the card account currency is different from the card transaction currency) is determined by the Bank.
13. In case of disclosing discrepancies in the transactions related with the account the client may appeal to the Bank within 15 days period after receiving the account statement. The statement is considered accepted by the Bank if no appeal has been received within the mentioned period. The appeal is submitted to the Bank in the form of written application. The Bank proceeds the appeal received in due time, by performing actions applicable by the local and international payment system.
14. If the card is lost the client must within the possible shortest period through a phone call or other applicable way notify: “ArmenianCard” CJSC processing center, calling on 24 - hour phone number (010) 592222 or Call center of the Bank on (010)59 33 33 phone number, from 09:00 till 22:00 on business days, from 09:00-18:00 on Saturdays Sundays or visit any branch of the Bank with ID document.
Operations through the card will be immediately suspended in case the Bank gets notice from the customer about losing the card.
After the card is lost, the Bank isn’t liable for the harm caused to the cardholder, until the Bank is given a notice about the loss. After the card suspension, the client must visit the Bank and submit written application, on the basis of which the Bank should days provide a new card to the client within 2 -5 business days.
15. The card service is terminated before the expiration date and the card account is closed according to the cardholder's written application. The card account balance is returned to the customer. The card is subject to be returned to the bank.
16. Supplementary card provision:
• The cardholder (the main cardholder) can get cards from the Bank, which are supplementary to his card (the main card), both for himself and for a third party.
• The supplementary card can be different from the type of the main card, however, the class of the card should be either equal to or less than the main card.
• Transactions made through the supplementary card are recorded and reflected on the main card account.
• The main cardholder can submit written application to the Bank, in which he/she would specify the daily withdrawal- limit and daily transaction-limit over the supplementary card.
• Obligations assumed towards the Bank due to transactions carried out by the main and the supplementary cards are considered to be the obligations of the main cardholder.
• Reissuance of the the supplementary card can be done, upon the consent of the main cardholder or the supplementary cardholder.
• The supplementary cardholders must immediately notify the Bank about the death of the main cardholder, his/her incapability, insolvency, or bankruptcy, and should not use the card in such cases.
17. Additional fees can be applied by the bank, which carries out the maintenance, in case of cash withdrawals from ATMs and POS terminals of other banks.
18. During the card to card transactions made through ATMs and POS terminals of other banks , additional fee may be applied by the bank, which carries out the service of the given ATM/POS.
19. Other provisions are defined by card agreements made by and between the Bank and the cardholder, referring payment card issuance, provision and service, by the Bank Instruction on payment card processing rules (hereinafter referred to as the Rules), by the internal legal acts and settlement systems’ (ArCa, Visa, MasterCard) rules.

The page was updated 18.06.2019 13:40
The following documents need to be submitted to the Bank to get Mastercard

  • Identification document

  • Social card (SSN)

The page was updated 24.05.2019 14:32
Attention: The Bank does not bear any responsibility for the inaccuracy of information on the linked web sites, nor does it accept any responsibility for the advertisements therein or possible consequences arising out of use of information provided on the linked web-sites. In case of any discrepancies in the website materials in Armenian, Russian and English languages, the Armenian version is prevailing.