Magic Card

Credit Card with a 55-day grace period, and amazing features, which return it to its owner as a gift the amount of every thousandth transaction made with the magic card, if the operation is performed using their Magic card*

For example, you and the other owners of the Magic Card are using the card at a shop, a supermarket, an ATM, a restaurant or even abroad and It turns out that the thousandth transaction was performed by you, the bank will immediately reimburse you. You will receive an SMS on your mobile phone, notifying you that the money you spent has returned, because the thousandth transaction was performed by your Magic Card.

 

While using Magic Card, you can enjoy a 55 days interest-free loan

The annual interest rate of Magic Card is 36.00%

For Private Banking service clients and owners of M7 deposit, interest rate is even lower - an annual 24.00% and 28.00%

When you become a user of the Magic Card a basic package account will be created for you at Liberty Bank for free

Prior to receiving your Magic Card you will be able to choose one of four card designs:

 


 

 

Magic Card Terms and fees

Magic Card Preparation and Services

Card Validity

4 years

Card Preparation

Free

Annual Fee

GEL 20

Card Renewal

GEL 20

Quantity of Additional Cards

3

Credit Limit Terms

Currency

GEL

Credit Limit

Determined on a individual basis

Limit Validity

1 year

Approval Fee

GEL 20

Annual Interest Rate

 24.00%, 28% or 36%

Cash Withdrawal Fee

Liberty Bank ATM’s and Branches

3.00% with minimum GEL 3.00

Other Bank ATM’s and Branches

4.00% with minimum GEL 4.00

Transaction Fee

Georgia

Free

Abroad

Free

Card Usage Daily Limit

24 Hour Limit on Withdrawals

GEL 2,000

24 Hour Limit on Transactions

GEL 5,000

Other Terms and Charges

Possibility to Block the Liberty Card in the local Network in Case of its Loss

Free

Possibility to Block the Liberty Card in the International Network in Case of its Loss

GEL 80

Money Transfer from One Card to Another - VISA P2P Service

Liberty Bank Banking Cards

3.00% with minimum GEL 3.00

Other Bank Banking Cards

4.00% with minimum GEL 4.00

* Money Returned by the bank to a Magic Card account as a result of the thousandth transaction will be taxed according to Georgian ligislation


Updated 2013-05-08 12:56:54
 
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