Classic Credit Card

Seylan Credit Cards are rapidly gaining trust and winning hearts of customers. Seylan Credit Card is also one of the most preferred card in the market.

• Benefits & features

• Interest Rate applicable for Credit Cards are 28% p.a for Platinum, Gold, Classic Credit Cards and Freedom Credit Card.

• With a Platinum Seylan Credit Card you don’t have to carry cash. You could use it for day-to-day purchases such as paying hospital bills, restaurant bills, shopping etc. both locally and internationally.

• Maximum of 51 Days Interest Free Credit

• Cards are accepted at over 30 Million Merchant outlets and at over 1.6 Million ATMs globally

• 0% Interest free Instalment Schemes

• Register for E-Statement

  view your statement on the go even on your Smart phone

• Seylan Express Cash

• SMS alert is generated free of charge after each transaction to ensure high security when using your Seylan Credit Card.

  
  
  

• 24 hour Call Center for convenience

• A wide range of “ Deals and Promotions”

• Tariff

• The Bank reserves the right to change the above rates at any time with prior notice.
• No refund of Annual Fees will be made if the card is terminated or not accepted.
• No Finance Charge will be levied (except on Cash Advances) if full settlement is made monthly on or before due date.
• Additional expenses, such as legal fees, credit transfers, cheque issuance and overseas charges (courier, fax, postage etc) will be levied where incurred.
• Secured cards (against a FD) will be issued free of charge and will attract lower interest rates.
• Government Stamp Duty of 2.5% will be applicable for all transactions and debited to the account in the following billing cycle.
• Fuel Surcharge will not be reversed for Fuel purchases.
• Cards Agreement

• Interest Calculation
  • No interest will be levied (except on cash advances) if full payment is made on or before the due date. You will enjoy up to 51 days free of interest (depending on the transaction date), provided the previous months total outstanding is paid by the due date in full.
  • If full payment is not settled on or before the due date, interest will be calculated from respective transaction dates up to the billing date on reducing balance basis. 
  • Interest/ Finance charges will be charged if full payment is made after the due date
  • Interest will not be charged for purchases billed in current month but will be charged on the following month (from the transaction date) if not settled in full by for due date.
  • Interest to a particular transaction will be charged from the transaction date on the following month and there onward from the billing date, if rolled over.
  • Payments are first applied to charges and then to purchase and cash advances on FIFO basis.
  • Cash advances will accrue interest from the date of transaction until it is paid in full.