World MasterCard
An array of exclusive and elite privileges across the globe.
Welcome to a world of exclusivity and absolute convenience with Pan Asia World MasterCard. As one of the highest categories of Mastercard’savailable in Sri Lanka today, Pan Asia World MasterCard brings you the best credit card offers with an array of tailormade privileges at home and across the globe, to complement your elite and unique lifestyle.
Pan Asia World MasterCard Value Propositions
- No joining fee – Joining fees waived off for all credit cards
- 1st year Annual Fee of Main and Supplementary cards are waived off
- Free SMS facility to check Credit Card available balance and statement details instantly by simply giving a missed call to 0112104040 from your registered mobile number.
- No additional charges other than interest will be levied for World MasterCards
- EMV Chip card with added security on transactions
- Customer Service Call Center is available 24 x 7
- Cards are accepted at over 30 Million Merchant outlets and at over 3 Million ATMs globally
- Free SMS alerts – Transaction details update on card members mobile phone
- Special offers and seasonal discounts from leading merchant outlets
- Interest free credit up to maximum of 51 days
- Free travel insurance scheme – Click here to view more details
- A world of privileged accesses
- Transfer your credit card balance to a Pan Asia Bank Credit Card on equal monthly installments of your choice for the lowest interest in the market
Life Insurance Cover
- Special life insurance cover for Pan Asia Bank Credit Cardholders in partnership with Sri Lanka Insurance Corporation (SLIC). Terms and Conditions of the life insurance cover are as follows,
| Option | Insured Value | Annual Premium |
|---|---|---|
| 1 | Rs. 100,000/- | Rs.120/- |
| 2 | Rs. 250,000/- | Rs.242/- |
| 3 | Rs.500,000/- | Rs. 633/- |
| 4 | Rs.1,500,000/- | Rs. 1,848/- |
- Life Insurance Application Form and Health Declaration Form
- Eligible Age 18-69 (If the cardholder is more than 60 years of age, a Heath Declaration should be submitted)
- Suicide exclusion will apply during the first year of cover from the date of enrolment.
- If cardholder is having following pre-existing ailments, the coverage will commence only after first 12 months from enrollment. (Cancer, Myocardial Infarction, Stroke, Coronary Artery Surgery, Renal Failure, Major Organ Transplant, Paralysis, Chronic Liver Disease, Chronic Lung Disease, Benign Brain Tumor)
Pan Asia World MasterCard is designed for:
- Discerning individuals – by invitation only.
Documents required to open a Pan Asia World MasterCard
- Completed Application Form
Other Charges and Fees
| Description | World MasterCard |
|---|---|
| Late payment | Free |
| Card replacement fee | Free |
| Cheque return fee | Free |
| Permanent limit enhancements | Free |
| Temporary limit enhancements | Free |
| Certified copies of card statement | Free |
| Cash advance fee | Rs. 200 or 3.50% whichever is higher |
| Interest on cash advances (Charged from the date advance obtained) | 18% p.a |
| Copy of transaction slip – Local (Trnx within last 3 months | Free |
| Copy of transaction slip – Overseas (Trxn within last 3 months) | USD 10 |
| Over limit Fee | Free |
| Credit Card balance confirmation / visa letters | Free |
* Government Charges (ex: Stamp duty etc.) and taxes will continue to apply.
Tariff
| Item | Tariff (Rs.) | |
|---|---|---|
| Joining Fee | Primary card | Free |
| Supplementary card | Free | |
| Annual Fee | Primary card | 6,000/- (1st year free) |
| Supplementary card | 2,000/- (1st year free) | |
| Interest | 18% p.a- 1.5% p.m (with effect from 01st September) |
