Trust Card - VIP
Card Definition
It is a credit tool by lending and a tool that allows you to purchase permissible goods and services via Point of Sale (POS) devices belonging to Cham Bank and other banks linked to the electronic payment network, or via the electronic payment gateway (Cham Pay) within a specified credit ceiling.
Advantages of the Trust VIP Card
Exceptional financial ceilings: It grants the elite and businessmen maximum financial flexibility and high financing ceilings that meet their major transactions and expenses.
0% profit rate: Despite the high ceilings, the bank is committed to offering the product as a "Qard Hasan" (Benevolent Loan) without any commercial profits or returns.
Without late payment penalties: No additional amounts or late interest are imposed on the outstanding amounts.
Possibility of installments: The bank allows the feature of paying the withdrawals incurred on the card in installments using the "Qard Hasan" (Benevolent Loan) formula, after study and management approval.
Total safety in payment and withdrawal: The card grants you fast access to electronic purchases and cash withdrawals from your accounts in credit at the bank.
Extended validity: The card is valid for 3 full calendar years, and is automatically renewable based on a simplified credit study of the extent of your commitment.
Parameters and Ceilings of the VIP Card
Credit ceiling: Starts from 500,001 Syrian Pounds and reaches up to 2,500,000 Syrian Pounds as a maximum.
Validity period: 3 calendar years.
Target Groups
Businessmen and owners of large and medium companies with an excellent credit reputation and a long-standing history.
Senior investors and holders of huge deposits and strategic investment accounts at Cham Bank.
Senior professionals and executive directors in international organizations and major corporations.