If you are interested in getting your financial health back on track with a credit card that’s going to help you out, the Pan Asian Gold Card may have the solutions you are after. You can get up to a 51-day credit period so you have more time to pay back what you borrow. You also can transfer other bank credit card balances to your new card without being charged extra.
There are many reasons why you may want a credit card and there are a ton of choices out there. So before you applying left and right, take a moment to write out what you are trying to achieve. Getting denied for a credit card because you simply chose the wrong card to apply for doesn’t need to happen to you. Additionally, whenever you are denied you credit score can bve negatively affected so you don’t want to risk that happening.
Things to think about include interest fees, origination fees as well as accessibility. If you are a traveller, you will want to have a card that works abroad without charging excessive fees. You almost might want to consider the fun perks you can get back like rewards points Our editors have dug into the details of the Pan Asia Gold Card and provided you with the highlights below. You can use this information to make an informed decision about whether or not this Pan Asia Gold Card is for you or not.
What are the Benefits of the Pan Asia Gold Card?
Love to travel but hate the additional charges of international card use? There’s no need to fret because, with the Pan Asia Gold Card, you can get attractive perks like discounts on accommodation, fares and travel tours. Simply present the card to avail of these exciting promos. Guaranteed no additional charge.
Another reason to love this credit card is the tight security feature. For one, the card has EMV chip technology with added security paraphernalia to store sensitive information. Aside from this, the bank also offers 24/7 customer assistance to report lost cards, fraud and unauthorized transactions.
If you’re running out of cash, you can withdraw funds from an ATM machine. Cash advances are subject to additional charge but note that Pan Asia Bank only charges a minimum amount.
Instalment payments are also allowed by the bank in case you are buying an expensive item. This is also applicable for large credit card balances from another bank. Of course, this is subject to interest.
What are the Fees of a Pan Asia Gold Card?
Borrowing money always comes with a fee. When it comes to credit cards there are usually a host of fees. These numbers should play an important part in your decision over whether or not you should apply for the card.
- Joining fee – Free
- Annual fee – Rs 2,000 for the primary card.
- Interest rate – 28% per annum
- Late payment fee – Rs 750
- Cash advance fee – 3% per transaction
- Discounts with local merchants
Overall, the Pan Asia Gold Card is great for individuals who are after a low interest rate to settle existing credit card balances or require an extended credit payback term. If you are still interested in going ahead and jumping into the application process you can continue reading below.
How to Apply for a Pan Asia Gold Card
To apply for a Pan Asia Gold Card simply head to the Pan Asia Bank website and click on ‘Request Information’ or visit your nearest branch.
Basic requirements include:
- Being in the age bracket of 19 to 60 years old
- A permanent monthly income of Rs 30,000
- Resident of Sri Lanka
Supporting documents are also requested by the bank to confirm crucial information. Be ready to submit a clear copy of your ID or valid passport, salary slip, a letter from your employer confirming your salary and proof of billing.
If your application is successful, Pan Asia Bank will determine your credit limit based on your credit history, income and other relevant factors. Permanent limit enhancements cost Rs. 1,000, and temporary limit enhancements cost Rs. 500.
How to Contact
Pan Asia Banking Corporation PLC. 450
Galle Road, Colombo 03, Sri Lanka
Telephone: +94 11 4 667 222; +94 11 2 565 565;
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.