Visa international payment card system Visa Platinum Card

Visa Platinum Card

    Visa international payment card system

  • Annual service fee
    30 000 AMD
  • Currency
  • Annual % on the positive balance

Get Visa Platinum international card and have the opportunity to enjoy more than 600 VIP halls in the airports of more than 100 countries worldwide; receive special offers from above 800 luxury hotels worldwide!  
Any physical person above 14 (fourteen), who uses payment card issued by the Bank or applied to the Bank to receive the card can be a cardholder of the Bank.

The page was updated 31.05.2018 10:15

Visa Platinum Cards 

Visa international payment card system 

Advantages of Visa Platinum Card

Priority Pass cards, which give access to more than 600 VIP halls of airports in more than 100 countries worldwide, and discounts offered by a number of trade and service points abroad. Mre detailed information is available at
You have the opportunity to enjoy discounts in more than 50.000 worldwide, by placing order on  Another opportunity is given to the card holders, to book accommodation in 130 countries worldwide, including small boutiques and 5star hotels, 12 months prior to the check in date or even to make the last minute check in. 
Special offers in more than 800 luxury hotels worldwide. Online booking and a number of surprises thanks to Luxury hotels offers. The Service is available at

General terms and conditions

The general terms and conditions of providing and serving VISA Platinum, by "ID Bank" CJSC head office and branches and maintenance of card accounts are as follows:  

Debit or credit plastic cards Visa Platinum are provided to individual, both residents and non-residents. 

The card is provided to the client within 3-5 banking days after submitting application to the Bank and executing account maintenance agreement. The card will be activated as soon as it is provided to the client and may be used. 

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 inaccessible for the third parties. The PIN code is recommended to keep away from the card. 

Cards are valid for 5 years. Provided that the Bank doesn’t receive written application from the cardholder to terminate the maintenance of the card within 30 days prior to the termination of its validity, the Bank shall re-issue the card for another 5 years. 

Currency of card account: Armenian drams, US dollars, EUR. 

Exchange rate set by the Bank will be applied for transactions denominated in foreign currency (if the currency of the card account is different from the currency of the transaction). 

When 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 provided to the Bank in the form of written application. The Bank proceeds the appeal received in due time, by performing actions adopted by the international Visa payment system. 

The client must inform the Bank and/or the processing center Armenian Card by phone on lost card within the possible shortest period or visit the Head office or any branch of the Bank having passport by. Operations through the card will be immediately suspended when getting notice on losing the card. The Bank doesn’t be held liable for harm caused to the cardholder in between the period of losing the card and giving notice to the Bank. The client must visit the Bank within 5 days after suspending the card and submit written application, on the basis of which the Bank should within 2  business days provide the client new card. 
Card maintenance will be early terminated and the card account will be closed according to the written request of the cardholder. the balance of the card account will be returned to the client. The card should be returned to the Bank.  


Visa Platinum

Card issuance and opening of card account  (3-5 banking days)


Service fee for express issuance (within one business day)

10 000 Armenian drams*

Opening of card account


Annual service fee for the card account

30 000 AMD*

Re-issuance of expired card


Minimum balance USD


Minimum balance EUR


Minimum balance Armenian dram

20 000

Issue of additional card


Annual service fee for the additional card

30 000 AMD

Re-issue of card (useless, damaged) for the same validity period

5 000 AMD

Card blocking


Card unblocking 


Re-issuance of the card (against lost, theft or damaged card) or providing new PIN code with the same validity period 

5 000 AMD

Keeping of the card in the international STOP list (for 7 days)

10 000 Armenian drams

Providing monthly statement from the card account at the Bank, through post or e-mail


Providing additional statement from the card account at the Bank, through post or e-mail.


Activation of SMS services


Fee for each SMS


Cash deposit


Express cash deposit

5 000 AMD

Cashing fee (through ATMs and cashing points of the Bank)


Cashing fee (through ATMs and cashing points of other banks – members of ArCa system) 


Cashing fee (through cashing points of other banks – not members of ArCa system and abroad)

1,5%, minimum

1 500 AMD

Cashing fee (withdrawal of funds at the Bank from card account without the card)


Card to card transfer via internet (both cards issued by the Bank)


Non-cash transactions fee


Daily withdrawal limit set for accounts denominated in Armenian drams

5 000 000

Daily withdrawal limit set for accounts denominated in US dollars

12 000

Daily withdrawal limit set for accounts denominated in EUR

10 000

Number of withdrawals per day


Fee for temporary change of the set limit


Annual simple interest rate, calculated with regard to the positive balance of the card account (annual simple interest rate set by the Bank for demand deposits)


Appeal for the real transaction carried out by the client ***

10,000 Armenian dram per operation

Annual interest yield of demand deposit


Closing of the card account and return of the card


Re-issuance and providing of Priority pass card


Fee for each entry to the salons of Priority pass chain

15 000 AMD

* the rate is valid till April 30, 2018. The urgent provision of cards – at the Head office only. 
** blocking of unauthorized operations by the card worldwide.
*** shall be charged only if the result of the appeal shows that the operations was held by the client with the violations or error occurred due to wrong use of the card. Salary cards are issued and served on the terms independently agreed with the organizations.    

Grace period to repay the used credit facilities is 15 days from the day of using. Full repayment of used credit facilities and interest accrued thereon must be done in 45 days from the day of using. In case of failure to  repay the used facilities within the grace period the interest will be calculated from the date of using the funds till the day of actual repayment.

  • The Bank has the right to change the size of interest for facilities available on the account upon giving 15 days prior notice to the card holder. 
  • 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. 
  • Any disputes between the Parties shall be 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 order, set by the RA “On commercial arbitrage”).
  • To obtain the card the client needs to fill the application at the Bank. All related charges according to the applicable rates of the Bank to be made.  

How to calculate interests.

Opening amount -  1 000 000 AMD  
Annual simple interest rate of the deposit: 2 % 
Maturity: 12 months  
Annual actual interest rate of the deposit 2.02%
Annual percentage yield of the deposit (after taxes) - 1.82 % (in case of capitalization of deposit interests)

Interest paid on monthly basis:  
1 000 000 X 2%/365 X 30(31) = 1644 Armenian drams  (before taxes)   
1 644 – 1 644 X 10 % = 1 480 Armenian drams  (net income)  

Final amount of deposit:   
1 000 000 + 1 480 X 12 = 1 017 760 Armenian drams (after taxes)

The final deposit amount: 1 018 150 Armenian drams  (after taxes)  

The page was updated 31.05.2018 10:09
The following documents should be presented to the Bank to get Visa Platinum:

  •                 ID document             

  • Social card

The page was updated 21.11.2017 17:47
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.