Free annual fee for individual credit cards

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Free annual fee for individual credit cards
Policy reduction of Sacombank's personal credit card annual fee according to transaction volume is applied from the 2nd year annual fee collection onwards for primary cardholder. The reduction is up to 50% and 100% when collecting the minimum 50% annual fee.

Outstanding features

Free

Annual fee based on transaction volume

50 - 100%

Reduction level

Domestic and international

Various types of credit cards

Annual fee waiver

From October 5, 2022, Sacombank personal credit cardholders are exempted annual fee based on payment transaction volume:

  • Classic (international and domestic):

Payment transaction volume is VND 80 million/year: The annual fee reduction is 100%.

Payment transaction volume is VND 40 million/year: The annual fee reduction is 50%.

  • Gold:

Payment transaction volume is VND 150 million/year: The annual fee reduction is 100%.

Payment transaction volume is VND 80 million/year: The annual fee reduction is 50%.

  • Platinum/Signature/World/Ultimate:

Payment transaction volume is VND 400 million/year: The annual fee reduction is 100%.

Payment transaction volume is VND 300 million/year: The annual fee reduction is 50%.

Annual fee reduction from 50% to 100% based on payment transaction volume.

Annual fee reduction from 50% to 100% based on payment transaction volume.

General rules

  • The policy of annual fee waive and reduction for individual credit cards based on on payment transaction volume applies from the 2nd year annual fee collection onwards. The system considers the transaction assets (settled) 30 days before the date of charging annual fee in the 2nd year onwards.
  • The system will automatically waive and reduce the annual fee when the card achieves the transaction volume in the next annual fee charge period.
  • For renewal cards, customers need to activate the card within the next 1 month from the expired month. The system only waives or reduces the annual fee for renewal cards activated in the next 1 month.
  • The annual fee waiver or reduction policy is only applicable to the primary cardholder and only applies when the customer pays a minimum annual fee of 50%.
  • T&C click here.
The annual fee reduction policy is only applied to the primary cardholder when the annual fee is charged at least 50%.

The annual fee reduction policy is only applied to the primary cardholder when the annual fee is charged at least 50%.

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