Mastercard Business: your new comfort level
Tariff package for issuing and servicing the Mastercard Business payment card “Standard”
Tariffs and terms for the issuance of Mastercard Business payment card to resident Legal Entities and Individual Entrepreneurs - valid from 16.02.2026
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N |
Mastercard Business |
AMD |
USD/EUR/RUR |
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1. Main commissions |
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1.1 |
Card issuance (release) |
Free |
Free |
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1.2 |
Card maintenance fee |
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1.2.1 |
AMD 1 million or a foreign currency equivalent in case of an average monthly balance |
Free |
Free |
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1.2.2 |
AMD 1 million or a foreign currency equivalent in case of an average monthly balance |
AMD 2,000 per month |
AMD 2,000 per month |
|
1.3 |
Minimum card account balance |
Not defined |
Not defined |
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1.4 |
Enclosed card maintenance fee |
AMD 1,000 per month |
AMD 1,000 per month |
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1.5 |
Cash-out service fees |
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- Via ATMs of the Bank |
0.3 % |
0.3 % |
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- Via the Bank's cash withdrawal units |
1% |
1% |
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- Via the ATMs and cash withdrawal units of banks integrated to the Arca system |
1% |
1% |
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- Via the ATMs and cash withdrawal units of other banks |
1.5% min AMD 1,500 |
1.5% min AMD 1,500 |
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- Cardless reception of cash from cash- boxes of the Bank (not applicabe in case of the card and card account closure) |
Subject to the terms of cash transactions for Legal Entities and Individual Entrepreneurs |
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- In case of payment card and card account closure |
free |
free |
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1.6 |
Fees for card account cash-in transactions |
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Cash deposit transactions worth up to AMD 200,000 (inclusive) from the Bank's cash-box |
0.5% min AMD 500 3 |
Free |
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- Cash deposit transacions worth above AMD 200,000 from the Bank's cash-box |
Free |
Free |
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- Card account cash-in via cash-free transfer |
Free |
Free |
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- Card account cash-in via ATMs of banks serviced at ArCa processing center |
1% |
1% |
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- Card account cash-in via ATMs of banks not serviced at ArCa processing center |
1,5% |
1,5% |
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1.7 |
Simple annual (nominal) percentage rate settled to daily card account balance1 |
0% |
0% |
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1.8 |
Cash-free payment commission for goods and services |
0% |
0% |
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Cash-back |
0% |
0% |
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1. The “Simple Annual (Nominal) Percantage Rate” is an annually established interest rate serving as a basis for the Bank to settle the interest sums payable to the Client. e.g. AMD 1,000 ՀՀ * 5% = AMD 50 per 365 days
The Annual Percentage Yield (APY) is the percentage which an individual shall receive as a result of the simple annual interest rate and the frequency of interest capitalization and payment within 365 days.
The annual percentage rate of a deposit shall be the amount received as a result of the settlement of interests paid at a percentage rate.
The procedure for the settlement of the annual percentage rate shall be established under CBA Regulation 8/02 for the “Annual Percentage Rate of Bank Deposits”.
The Bank shall pay the payable interest sum on a quarterly basis at the Client’s expense. Moreover, upon the payment of the interest accrued to the Client under the law of the Republic of Armenia “On the Profit Tax”, the Bank shall act as the Depositor’s tax agent, charge a profit tax in an amount established under the law on the interest sum (profit) and transfer it to the state budget.
2. Documents and/or records past the expiry date under the legislation of the Republic of Armenia shall not be subject to submission to the Bank’s clients.
3. This tariff shall not be applicable and/or shall be established at AMD 0 in the event of a disruption of the self-service machines belonging to the Bank or inaccessibility of the replenishment services from such machines, as well as in case of branches of the Bank (CSD) not equipped with such services.