Sometimes getting a local card can cause concern because you might not be able to use it worldwide, but the Sampath Bank Visa Classic Card is not just for Sri Lanka. Sampath has millions of ATMs worldwide allowing you to utilize it in hundreds of cities. Additionally, if you need competitive interest rates, this card might be for you.
When applying for a new card, it is important to focus on your needs before you decide on a card. There are thousands of credit options out there, you don’t need to settle for something that doesn’t suit you. You might want rewards, low-interest rates or no annual fees. All of those options are available to you, you’ve just got to do your research to find the right one.
Our editors have done a ton of research on the Sampath Bank Visa Classic Card to help make you the right decision. This card is great for travelers and also has benefits within Sri Lanka. This card can fit a variety of lifestyles but check out the details before you decide if it is for you.
What are the Benefits of a Sampath Bank Visa Classic Card
Powered by your choice of Visa, this credit card can be used anywhere in the world, with easy access to cash via the 3.5 million Sampath automated teller machines worldwide. It is also globally accepted at more than 20 million point of sale outlets.
In addition to great discounts and promotions on electronics, furniture, groceries, insurance, shopping, dining, hotels and travel, you can also enjoy interest free payment plans on higher ticket items.
Aside from these perks, you can avail of various value-added services without additional fees. This allows you to get copies of statements, enhancements and the option to select your payment due date free of charge.
What are the Fees for the Sampath Bank Visa Classic Card Fees
It is time to understand the fees associated with the Sampath Bank Visa Classic Card. It is important to understand the fees so you can determine if it will fit your monthly financial capabilities.
- Joining Fee – Rs. 1,000
- Annual Fee – Rs. 1,500
- Supplementary Card Annual Fee – Rs. 750
- Interest Rate – 2.65% monthly (31.80% annually)
- Cash Advance Fee – 3.5% of the transaction value or a minimum of Rs. 200
- Late Payment Fee – Rs. 990 or 5% of the minimum amount due
With the Sampath Bank Visa Classic Card, you can begin your credit card journey with a safe, reliable tool to access money anywhere around the world. Note that it is important to remain in control of your money and pay your dues on time to build a good credit score. You can visit the Sampath Bank website if you are interested in getting into the application process. We’ve got more details below.
How to Apply for a Sampath Bank Visa Classic Card
If you are interested in applying for this credit card, there are a few things you need to do before getting started. First, make sure that you are over 18 years old and check to see that you have a minimum annual income of LKR 360,000.
If you are salaried, you will need to provide copies of your NIC or passport. You also need to present salary slips. Those with varying salaries will be required to show the three latest monthly salary slips. You also need to get a letter of confirmation from your employer issued within the past 30 days confirming your monthly salary.
If you are self-employed, some of the documents the bank will need include a letter from auditors (confirming the business’ annual income for the past 2 years), a copy of the business registration certificate, and copies of your bank statements for the past 3 months.
Applications can be made online using the application form on the Sampath Bank website or alternatively you can visit a Sampath Bank branch. Your credit limit will depend on the value assigned by the bank which will be determined using the personal, financial and credit information you provide.
How to Contact Sampath
Sampath Card Centre
110 Sir James Pieris Mawatha, Colombo 2
Telephone: (0)11 2300604
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.