Mastercard Platinum Credit Card

A Platinum Credit Card by Mastercard accepted both in Tanzania and abroad.

Target market - individual customers.

  • 50 day settlement period
  • E-commerce enabled
  • PayPass enabled (i.e. contactless payment)
  • Accepted at any Mastercard ATM worldwide
  • Accepted at any Mastercard POS Merchant worldwide
  • Currency - Tanzanian Shillings (TZS)
  • ATM withdrawals limits:
    • TZS 400,000 per day (increased upon request)
  • POS transactions limits:
    • TZS 5,000,000 per transaction
    • Ten transactions per day
  • E-commerce transactions:
    • TZS 5,000,000 per transaction
    • Ten transactions per day
  • Charges:
    • Joining fee - TZS 120,000
    • Annual fees - TZS 60,000
    • Supplementary card - TZS 30,000
    • Replacement card - TZS 20,000
    • New PIN request / reset - TZS 5,000
    • Late payment penalty (per month) - 6%
    • Captured card fee - in other ATMs - actual
    • Cash withdrawal (per month) - 6%
    • All fees are subject to an 18% Value Added Tax