Designed to Meet
Your Needs
To be eligible for PERDANA membership*, you need to meet one of the following eligibility criteria:
Gross monthly income assigned to the bank
B$10,000
Asset Under Management (AUM)
B$100,000
Total Financing Balance (TFB) at inception of relationship
B$500,000
*Term and Conditions apply. Membership remains if one of these criteria is met. In case none of these criteria are met, membership may still continue subject to BIBD rights to vary, suspend, withdraw or terminate the products and/or services. However, the customer will be liable to pay monthly charges as applicable.
Please read the FAQ and Terms and Conditions before you decide to sign up for PERDANA membership.
Features and Benefits
| World Credit Mastercard | World Debit Mastercard | ||
| 4 Hadiah Points for every dollars spent | ✓ | ✓ | Peace of Mind - Debit card transactions are recorded and allowing you to easily track your expenses through BIBD Nexgen Mobile. |
| The Best Travel Companions - You can enjoy competitive foreign exchange rates offered by the BIBD World Credit Mastercard without having to worry about foreign exchange or managing multiple currencies | ✓ | ✓ | Easy Access to cash - withdraw cash from ATMs worldwide accepted, providing access to funds when needed. |
| BIBD Treats -privileges at selected merchants | ✓ | ✓ | Security - Have built-in security features and additional verification method which protect your funds and reduce the risk of fraud or theft. |
| Mastercard Global Services - Get emergency assistance virtually anytime, anywhere and in any language. Report a lost or stolen card, get an emergency replacement | ✓ | ✓ | Worldwide Acceptance - Accepted at over 43 million outlets worldwide as well as online |
| Travel Personal Accident Takaful Coverage of up to B$50,000 | ✓ | ✓ | The Best Travel Companions - You can enjoy competitive foreign exchange rates offered by the BIBD World Debit Mastercard without having to worry about foreign exchange or managing multiple currencies |
Purchase Protection (All Risk | ✓ | ||
Schedule Flight Event (Musafir Takaful) covered | ✓ | ||
| Access to 1,000 lounges worldwide | ✓ |
Shariah Concepts
The Shariah concepts for credit card are:
Al-Wakalah Bil Ujrah (Agency with fee)
BIBD is acting on behalf of the Cardholder to administer the Cardholder’s payment to the Merchant and managing the Card Account with the imposition of a prescribed fee.
Al-Kafalah bil Mal (Financial Guarantee)
Financial Guarantee - BIBD guarantees the Merchant for the Cardholder’s payment for the goods or services provided by the Merchant.
The Shariah concept for debit card is:
Al-Wakalah Bil Ujrah (Agency with fee)
The Bank will act as an agent (“Wakil”) by providing Direct Debit Point of Sales (POS) service and cash Automated Teller Machine (ATM) withdrawals service to Cardholders for a prescribed fee.
As a Perdana member, every year you will receive 12 complimentary visits for your Primary BIBD World Mastercard. This pass grants access to over 1,300 lounges in more than 400 airports worldwide, along with exciting offers from selected luxury retailers.
You can gain access to the lounges with our BIBD World Mastercard supplementary card and World Debit Mastercard card with prescribed fee and you may refer to schedule of tariff for more information.
To enhance your travel experience, we recommend downloading the Mastercard Travel Pass app prior to any travel for easy management of lounge visits and offers.
Please read this Product Disclosure Sheet (Malay/English) before you decide to take BIBD World Credit and Debit Mastercard. This factsheet should be read together with the Terms and Conditions governing the use of BIBD World Mastercard.
At PERDANA, we have tailored the Naqd Facility to suit your needs should you require it.
Features and Benefits
| Shariah ConceptTawarruq What's more, you enjoy complete waiver on processing fee. Speak to your Relationship Manager to get more details. |
For more details, please refer to the Bank's Schedule of Tariffs or the list of applicable rates for this product.
Please read this Product Disclosure Sheet before you decide to take the Naqd Financing.
Be sure also to read the General Tawarruq Terms and Conditions of Sale.
B$6 per transaction B$6 per transaction Maximum withdrawal via ATM* B$20,0000 or 5 withdrawals per day whichever comes first or based on country set limit *Maximum withdrawal via ATM and Retail Spending can be increased upon request. *The waived of card and pin replacement fee is subject to the decision of the bank. * Subject to availability and limited to one (1) box per membership.
Not meeting eligibility criteria B$100 per month
Fall Below Fee on Current Account B$12 per month Early Closure Fee (within 6 months of opening) B$50 Premature uplift of BND and FCY Term Deposit* FREE @ prevailing rate to the nearest lower tenor
* Special rate during placement of Term Deposit is void upon premature uplift and normal rate based on the lowest nearer tenor will be given.
Bank Charges Waived Waived B$20 Cable Charges for OTT B$15 OTT and DD Exchange Rate Special rate of amount ≥ B$50,000 only Stamp Duty B$0.10
*No changes in the Commission in lieu of Foreign Exchanges, stamp duty, and overseas charges (where applicable) for all counter remittances
Annual Fee Waived Card Replacement B$15 Transaction Fee FREE Maximum retail purchase per day* B$30,000 or 10 times per day whichever comes first
Annual Fee Waived Waived up to two (2) cards only. Transaction Fee Free B$6 per transaction Card Replacement* B$20 PIN Replacement* B$15
Lounge Access FREE 12 visits per calendar year
Bank Charges Waived Waived Waived Cable Charges for OTT Waived
Bulk Coins Counting Waived Annual rental on Safe Deposit Box B$125 B$112.50 B$65 FREE
Processing Fee Personal Financing Waived Home Financing Waived Naqd Financing Waived
