Urgent.. Commercial International Bank raises international spending limits on its credit cards by 50%

  • CIB has decided to raise international spending limits on all credit cards inside and outside Egypt by 50%.

 

  • The bank also announced a reduction in the currency arrangement commission to become 5% instead of 10%, and the bank kept the cash withdrawal fees from ATMs outside Egypt at 10% with a minimum of 20 pounds.

 

  • The bank raised the monthly limit for international purchases within Egypt for Prime and Plus customers to EGP 75,000 instead of EGP 50,000, and EGP 100,000 instead of EGP 50,000 for Wealth, Private, Business Banking and Corporate.

 

  • As for transactions outside Egypt, the bank raised the monthly limit for purchases outside Egypt for Prime sector customers to EGP 100,000 instead of EGP 75,000, and also raised the monthly limit for purchases outside Egypt for Plus sector to EGP 175,000 instead of EGP 125,000.

 

  • The international usage limits for monthly purchases for Wealth Sector clients have been increased to EGP 250,000 instead of EGP 175,000.

 

  • The monthly limit for purchases outside Egypt for Private Sector clients increased to EGP 300,000 instead of EGP 200,000, and the monthly limit for international purchases for Business Banking Sector increased to EGP 175,000 instead of EGP 125,000, and the monthly limit for Corporate Sector increased to EGP 250,000 for purchases instead of EGP 175,000.

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