Chat with us, powered by IDBank
Visa Digital digital card that lives on your smartphone

Visa Digital 

Visa Digital digital card, which can be used only for online transactions, which do not require the physical presence of the card.

  • Annual service fee:
  • Currency:
    Armenian drams, US dollars, EUR, RUB
  • Card validity:
    3 years
The page was updated 13.07.2021 18:38



Appendix 1
Approved by resolution N 209-L of the
Management Board of “IDBank” CJSC dated June 17, 2021
Applied starting June 21, 2021


Card type

Visa Digital debit card

(the card can be used only for online transactions which do not require the physical availability of the cards)

Card operation term

3 years

Card currency1


Card issuance within 1-2 banking days2

Free of charge

Annual card account service fee

Free of charge

Non-decreasing balance of card account

Not defined

Interest calculated towards positive balance of the card account


Card input in the international STOP list (one region for 7 days)

AMD 10,000

Commission for non-cash transactions through the cards

Free of charge

Monthly provision of card account statement in the Bank or by post, e-nail

Free of charge

Additional provision of card account statement in the Bank or by post3, e-mail

AMD 1,000

Card account replenishment

According to the tariff defined by the Bank for the given day

Cash withdrawal from the card account from the Bank's cash points without using the card


Fee for each SMS 4

Free of charge

Card blocking, unblocking

Free of charge

Commission for card-to-card transfers

Through ArCa application


In case of transfers through and Idram platforms from card account of cardholders of the Bank who have passed synchronization to ArCa system members’ cards 


In case of transfers through and Idram platforms from card account of cardholders of the Bank who have passed synchronization to other cards of the Bank

Free of charge

Commission for permanent and temporary revision of commission limits

AMD 1,000

Card account closure

Free of charge

1  The client can order only one card in each currency.
2․ Card activation is performed according to the rules “On servicing of payment cards” of the Bank (hereinafter referred to as Rules) at the following link: Rules.
3. Provision of statement on and outside the territory of RA is performed in case of availability of the sum of the postal service and corresponding tariffs of the Bank on the Client’s card account.
4The service is available for transactions amounting to AMD 5000 and over.

General conditions

1.     The cards of the Bank are settlement cards and are designed for cash withdrawal, replenishment and non-cash operations/transactions with the funds owned by the cardholder at the expense of the funds available on the Cardholder’s card account and credit line/overdraft provided by the Bank.
2.     Commissions subject VAT taxation also include the VAT.
3.     The tariffs of provision and servicing of salary cards with organizations are defined by separate corresponding agreements.
4.     The Bank has the right to unilaterally change the size of interest for facilities available on the account, as well as other tariffs, upon giving 15 days prior notice on the official web site of the Bank. 
5.     Interest calculated on the balance of the card account is accrued on a monthly basis.
6.    Interest on the funds available on the card account is accrued for calendar days for the period starting from the day following the deposit of funds until the day preceding their return to the Client or withdrawal of funds from the Client's account on other basis.
7.     The Bank reserves the right of a tax agent to calculate and pay income tax (10%) from interest received on account as defined by law.
8.    Disputes arising between the Bank and the client are regulated through negotiations between the parties.
Disputes arising between the parties can be settled through the Financial System Mediator (in an order defined by the RA law on “Financial System Mediator”) located at Elite Plaza” Business Center, 7th floor, 15 Khorenatsi str., Yerevan 0010, Armenia, tel. (+374 60) 70-11-11. Fax (+374 10) 58-24-21, e-mail:
9.    For the purpose of proper study of the client as defined by RA law on “Combating money laundering and terrorism financing” the Bank may require additional documents or information based on “Know Your Client” principle.
10.   According to the agreement with the USA based on the Foreign Account Tax Compliance Act (FATCA) the Bank may collect additional information for the purpose of identification of the fact of the client being a US taxpayer.
11.    To activate SMS and e-mail address it is necessary to visit any of the branches of the Bank (carrying an identification document) and fill in the corresponding application form.
12.   After placement of the order the virtual card will appear in mobile and online banking of the Bank within 2 business days. The card application can be submitted online (through IDBanking online system or Idram application).
13.   In case of virtual cards the PIN code will not be provided. In order to activate virtual cards it is necessary to click on ACTIVATE CARD command in mobile or online banking system of the Bank.
14.   In case of expiration of the card the card re-issuance is performed according to the rules “On servicing of payment cards” of the Bank.
15.   Transaction through the card can be performed both in the card account currency and in a currency other than that of the card account at the exchange rate defined by the Bank for the given transaction day.
16.   The Bank does not bear any responsibility for damage caused by the difference of exchange rates as a result of conversion of the transaction amount to the card account currency.
17.   Account owner’s rights to dispose of the card account and funds therein can be limited by a court decision based on requests submitted by judicial acts compulsory enforcement authorities or tax authorities.
18.   Confiscation of funds from the account without the account owner’s instruction can be performed by a court decision based on requests submitted by judicial acts compulsory enforcement authorities or tax authorities.
19.   In case of loan liabilities between the Bank and the account owner the funds from the card account shall be charged without notice in accordance with the procedure provided by the loan agreement.
20. The client has the right to communicate with the Bank through a preferred means of communication: e-mail of regular post. The electronic means of communication is the most comfortable. It is available 24/7 and is free of the risk of losing information in paper as well as ensures confidentiality.
21.   In case of discovering inaccuracies in the transactions related to the account within 15 days after receiving the account statement, the client may submit an appeal to the Bank. If no such appeals are received within the mentioned period, the Bank shall deem the statement as accepted. The appeal shall be submitted to the Bank in a written form. The Bank accepts the received appeal for processing within the prescribed period by carrying out corresponding actions as defined by rules of local and international payment systems.
22.   In case of loss of the card, the client must notify via telephone or other possible means of communication as soon as possible:
- “Armenian Card” CJSC Processing Center by dialing (010) 592222 24-hour telephone number or
- call the Contact Centre of the Bank by dialing (010) 59 33 33 24-hour telephone number or
- visit any branch of the Bank carrying an identification document
At the moment of notification of Client about the loss of the card via telephone, the performance of transactions on the card will be immediately suspended.
The Bank shall not be liable for any damage caused to the Cardholder between the loss of the Card and notification of the Bank about it. After the card is suspended, the client must visit the Bank and provide a written statement about the loss of the card, on the basis of which the Bank will provide the client with a new card within 2-5 banking days. For details, see the "Payment Card Service Rules" at the following link: Rules.
23.   The servicing of the card can be terminated and the card account can be closed ahead of time based on the written application of the cardholder. The balance available on the card account shall be return to the client.
24.   Attention – Interest against funds available on the Client’s account is calculated based on the nominal interest rate. And the annual percentage yield indicates the income of the Client to be received as a result of making mandatory deposit payments and receiving the earned interest amounts at defined intervals.
25.   The order of calculation of annual percentage yield can be found at the following link: Annual percentage yield calculation.
26. An example of interest calculation:
The day the amount is credited to the card: 01.08.2018
The amount credited to the card: AMD 100,000
Annual interest rate: 4.5%
Payment of interest: at the end of term
The term for which the amount remains on the card: 365 days
Income tax rate: 10%
Calculated interest amount: 100,000 x 4.5% : 365 x 364 = AMD 4487.67
Income tax amount: 4487.67 x 10% = AMD 448.77
Income received by the cardholder: AMD 4038.90
27.   The 3D Secure information security system is applied while implementing transactions through cards issued by the Bank in the virtual environment. While performing transactions with the card it is necessary to pay attention to the identifiers approved by the payment systems (Verified by Visa in case of Visa, Mastercard SecureCode in case of Mastercard, ArCa SecurePay in case of ArCa). The Bank bears no responsibility in case of failure to receive the 3D Secure security passcode for technical or any reason not related to the Bank’s activity, as a result of which the transaction will fail.
28. Remote servicing by the Bank is provided thought the online and mobile banking systems of the Bank. The order and tariffs on rendering remote servicing are presented in “Public terms on remote banking services”.
29. Any other provisions with regard to use, maintenance, closing, reissue security, claims of transaction carried out through the cards, which are not included in this information bulletin, are the same as stipulated by the Rules, respective agreements on issuance, provision and maintenance of payment cards by and between the Bank and the cardholder, internal legal acts and the rules of the Bank and the Rules of payment and settlement systems (ArCa, Visa, Mastercard). The Bank is obliged to provide the client with the Rules while concluding an agreement with the latter.
30. The customer should not be included in the list of unwanted customers of the bank. the legal relations regarding the classification of the bank as an unwanted customer are regulated by the procedure "Оn defining the criteria of classification of a client as unwanted and management of relations with them". 
31.   Refundability of funds available on the card account is guaranteed in accordance with the RA law “On Guarantee of Remuneration of Bank Deposits of Physical Entities”. 

Reimbursement of bank deposits of physical entities in “IDBank” CJSC is guaranteed by the “Deposit Guarantee Fund of Armenia” in the amounts of deposits subject to reimbursement, particularly: nkar.png
Currency structure of deposit If you hold only a bank deposit in AMD in the same bank If you hold only bank deposit in a foreign currency in the same bank If you hold bank deposits both AMD and foreign currency in the same bank
If the deposit in AMD exceeds 7 million AMD If the deposit in AMD is less than 7 million AMD
Maximum amount of guaranteed deposit 16 million AMD 7 million AMD 16 million AMD (only the deposit in ADM is guaranteed) 7 million AMD (the bank deposit in AMD will be guaranteed in full, and the bank deposit in a foreign currency will be guaranteed in the amount of the difference between 7 million AMD and the bank deposit in AMD subject to reimbursement)


The page was updated 12.07.2021 10:35
The following documents should be submitted to the Bank to get Visa Digital card

  • ID document

  • Social card (SSN)

The page was updated 27.05.2021 15:52
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.