Internet Banking Login

World Mastercard Credit Card

Features

Seylan World Mastercard Credit Card is more than just a card, it is your opportunity designed to step into a world of offers, privileges and exclusive benefits.

  • Benefits & features

    Maximize the usage of your Seylan World Mastercard Credit Card

    • First year annual fee & joining fee waived off

      Enjoy amazing offers & benefits with the first year annual fee & joining fee waived off

    • Travel Insurance

      30 Days Free Travel Insurance when you purchase the return Air ticket through your Seylan World MasterCard Credit Card

    • Boingo Wi-Fi

      Wi-Fi Access with access to over 1 million Wi-Fi Hotspots worldwide at Hotels, Restaurants, In Flight and many more locations.

    • LoungeKey program

      Experience superior lounge facilities such as refreshments, spas, free Wi-Fi access with LoungeKey access to over 1100 Lounges in over 130 countries worldwide


    • 800+ Offers worldwide

      Enjoy the finest deals with over 800+ merchants worldwide. Be it clothing, dining, electronics, accessories, education, health, online or holiday offers, Seylan Bank have you covered.

    • Cash Advance

      Obtain cash withdrawals up to 50% from your available Credit limit.

    • A wide range of “Deals and Promotions”





    • SMS Alerts

      Free SMS alerts on your Credit Card transactions to the registered mobile number

    • Interest rate 18% per annum

    • Global Healthcare & Medical Packages

      Access to world class hospitals in Singapore, Malaysia & Thailand from Global Health & Travel at exclusive rates

    • Mastercard Priceless Cities Platform

      Exclusive, cardholder-only access to exceptional, curated experiences in the world's most exciting destinations


    • NFC enabled

      Contactless payments let you perform secure transactions without swiping or dipping your card


    • TPC Golf

      Enjoy priceless privileges and golfing benefits at selected TPC courses with access to private clubs and resort courses around the world, membership amenities and welcome gifts.

    • Cash back Loyalty points on Purchase transactions

      For every LKR 300.00 or equivalent spent locally / Overseas = 1 Loyalty Point = LKR 1



    • Installment Plan facilities

      Manage your Credit Card payments with convenience using Installment plan facilities

    • Seylan e-statements

      Seylan e-statements are provided with password protection. You will receive a consolidated e-statement. https://www.seylan.lk/e-statement

    • Maximum of 51 Days Interest Free Credit




Eligibility criteria
  • Eligibility criteria
    • Age between 18-65 years
    • Salaried - Net income > LKR 300,000/- (per month)
    • Self employed - Average Credit turn over > LKR 2.5Mn per month
Limits & tariff
  • Credit Limit
  • Salaried individuals
  • 3.25 times of net income or LKR 1 Mn limit whichever is higher max capped at LKR 2.5Mn
  • Final Credit limit will be decided based upon the credit evaluation
  • Self employed
  • Limit to be decided upon credit evaluation only
  • Tariff

Type of Fee

Amount/ Description

Primary Card Annual Fee*

LKR 6,000

Primary Card Joining Fee*

FREE

Supplementary Annual Fee

LKR 3,000

Supplementary Joining Fee

FREE

Interest Free days on Purchases (maximum)

51 Days

(Interest free days are applicable only when full settlement is made monthly and is not applicable for cash advances) Interest/ Finance charges on purchases 1.5% for Visa Signature and World Mastercard Credit Cards per month from transaction date up to settlement date.

Late Payment Fee

LKR 990

Over Limit Fee

LKR 1000

Cash Advance Fee

LKR 400/- or 2% whichever is higher

Pin Re-Issue Fee

FREE

Statement Copy Fee

FREE

Confirmation Letter issuing fee

FREE

Voucher Copy Retrieval Fee

FREE

Cheque Return - Refer to Drawer

FREE

Cheque Return - Other Reasons

FREE

Lost Card Replacement Fee

FREE

Overseas Courier Fee

FREE

Limit Enhancement Fee

FREE

*First year Annual fee & Joining fee will be waived off as an introductory offer

  • 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 foreign currency transactions and debited to the account in the following billing cycle.
  • Cards agreement
  • Code of Conduct for Credit Card Operations
How to get started
  • How to get started
    • Call our dedicated Premier Hotline +94 112 008 877
    • Visit any Seylan branch Island wide
Modes of Credit Card payment
  • Modes of Credit Card payment
    • Credit card bill payments through Seylan Internet Banking or Seylan Mobile app by downloading via Play store or App store
    • Automatic transfer instruction (Direct Debit) to recover the card due amount from your Seylan current or saving account on monthly basis
    • Make a CEFTs transfer from a current or saving account via any CEFTs enabled bank’s Internet Banking.
    • Cash deposits at any Seylan Cash Deposit Machine
    • Cheque deposits at any Seylan Bank branch
    • Cash deposit at any Seylan Bank counter
    • Cash payments at Cargills Food city Outlets (Subject to a handling fee of 0.75% flat)
Interest Calculation
  • 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 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 first in first out basis
    • Cash advances will accrue interest from the date of transaction until it is paid in full
    • Example on Interest Calculation
FAQs

What if I lose my Seylan Premier Credit Card?


Loss of cards should be reported immediately to Seylan Card Centre on 24 hour dedicated Premier hotline +94 112008877 and follow up with a letter. The cardholder will not be liable for any transactions performed subsequent to informing the loss of the card to the bank.

How long will it take to obtain a Seylan Premier Credit Card?


It will take a minimum of 7 working days and maximum of 10 working days once the relevant documents are handed to the Branch/ Sales officer/Card Centre.

How is the minimum payment calculated?


Minimum Payment = 5% of outstanding purchases and cash advances + 100% of interest, fees and the overdue amount (if any)

On what basis will the bank charge, the late payment fee?


If the customer fails to pay the minimum payment on or before the due date the late payment fee will be charged.

On what basis is the over limit fee charged?


If the customer exceeds the approved credit limit at any at any given date of the particular billing cycle, an over limit fee will be charged.