Mastercard Platinum Credit Card
A Platinum Credit Card by Mastercard accepted both in Tanzania and abroad.
Target market - individual customers.
Benefits
- 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
Products features
- 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
