“Virtual credit card” by Fibank

We would like to introduce you the Virtual Credit Card from Fibank

  • The Virtual Credit Card from Fibank is a credit card applied for, issued and managed through My Fibank mobile application;
  • Receiving and changing the card's PIN code is done through My Fibank mobile application;
  • The Virtual Credit Card can be digitized in My Fibank application, as well as in Google Pay, Apple Pay, Garmin and Fitbit, and used on contactless POS and ATM devices for making payments and withdrawals of cash;
  • You may shop in the familiar way, both online and at merchants outlets, faster, easier and more convenient than ever;
  • You get the highest level of protection: 3D security for online payments to merchants participating in Visa Secure & Mastercard Identity Check programs;
  • Instant notification: you receive push notifications in My Fibank mobile application for card authorizations within seconds.
  • Secure online payments without entering data - Visa Click to Pay
Our offer
Your credit card is closer than ever!
  • An easy, fast and convenient application process via My Fibank mobile application;
  • Completely digital process without the need to visit a Bank office;
  • Wide applicability: possibility of digitizing the card in My Fibank, Google Pay, Apple Pay, Garmin and Fitbit;
  • Possibility for making online payments;
  • Possibility for making transactions with the digitized virtual credit card at contactless ATM and POS devices.

 

And that's not all!
  • Possibility for managing the card entirely online via My Fibank mobile application. You can freeze, unfreeze, block, change transaction limits within the limits set by the Bank, as well as choose payment channels and regions: 24 hours a day, 7 days a week, without paying additional fees;
  • Track your bank account movements online through My Fibank onlike banking;
  • You can use the Virtual Credit Card as a means of paying for utilities;
  • Pay without a fee at POS devices in retail outlets in Bulgaria and abroad*;
  • Free "Travel Abroad" insurance from Generali;
  • 24/7 support - for card-related issues.
Why you should Choose Virtual Credit Card?
  • Convenience - Possibility to digitize the card on your smartwatch;
  • Speed ​​- the Virtual Credit Card is applied for and issued in minutes in My Fibank mobile application without the need to visit a Bank office, in just a few easy steps;
  • Security - card data is visible only to the holder by logging into My Fibank system;
  • Application - possibility to digitize the card in: My Fibank, Google Pay, Apple Pay, Garming and Fitbit;
  • A greener and more modern “tomorrow” – you leave your small footprint on environmental protection;
  • Opportunity to win cash prizes with “Bring a Client” program.


    *(when paying in a currency other than the account currency, a fee of 0.25% is charged according to the Bank’s tariff)

Parameters

Credit card parameters

Card type:Visa Classic / Mastercard Standard
Card currency when opening a new account:BGN, EUR, USD
Interest conditions:

Standard interest rates **:

  • 17.90% annual interest upon payments
  • 18.90% annual interest upon cash withdrawals
Validity period:5 years with the possibility of automatic renewal
Annual maintenance fee****:

Promotional terms:

  • No annual fee for the first year
  • No annual fee for each subsequent year with active use of the card

Standard terms:

  • BGN 45.00 or the equivalent amount in foreign currency, incl. in case of failure to meet the conditions for issuing and using promotional credit cards.
Cashback:When paying with a credit card at a retail outlet in Bulgaria or abroad, with a turnover of min. BGN 6,000 for 6 months, you receive 0.5% of turnover, maximum BGN 250.00. 
Additional card:Yes
Period for issuing:
  • Within minutes, after approval by the Bank.  
  • Completely remote process.
Contactless payment limits:

According to the Second European Payment Services Directive (PSD2) after 31.03.2020, it is necessary to enter a PIN for contactless payments in the following cases:

  • when making a sixth consecutive contactless transaction without a PIN
  • when the total amount of consecutive contactless transactions for which a PIN was not entered reaches BGN 100.00.
APR (annual percentage rate of charge):

Example of APR: "19.74% for a credit limit of BGN 3,000, term of 1 year. The amount is fully utilized through a POS terminal device, at an annual interest rate of 17.90%, total amount due in the amount of BGN 3,545.95“

ATM withdrawal fee:According to Fibank’s Tariff

**Standard interest rate terms:

They apply to contracts for newly issued credit cards after 10.10.2022. Detailed information on the interest terms for credit card contracts concluded before this date can be found in the "Fibank Interest Bulletin".

 

***At the Bank's discretion, collateral may be required.

 

****Annual maintenance fee:

Promotional interest terms: The fee condition is promotional. Detailed information on the promotional terms and the term of promotion can be found here.

 

Standard terms: Detailed information on the fees payable on credit cards can be found in Fibank’s Tariff of Fees and Commissions.



Documents