ACBA Bank Visa Gold - Learn How to Apply

The ACBA Bank Visa Gold card offers a range of premium benefits, including travel perks, exclusive discounts, and enhanced security features. 

It is designed to cater to those seeking convenience and rewards in their daily spending. 

This article will guide you through the application process, eligibility requirements, and what you can expect after applying for the Visa Gold card.

Key Features of the ACBA Bank Visa Gold Card

The ACBA Bank Visa Gold card has various features to enhance your spending experience. 

Here are the key features that make the Visa Gold card stand out.

• Global Acceptance: Widely accepted at millions of locations worldwide, both online and in-store.
• Exclusive Travel Benefits: Complimentary travel insurance and emergency assistance services
• Reward Program: Points on every purchase, redeemable for rewards like travel and shopping
• Purchase Protection: Coverage for items purchased with the card, including damage or theft protection
• Cashback Offers: Special cashback deals and discounts on selected purchases
• Enhanced Security Features: Advanced fraud protection with zero liability on unauthorized transactions
• Flexible Payment Options: Minimum or full balance for greater financial flexibility
• Concierge Service: Concierge service for travel, dining, and entertainment needs
• 24/7 Customer Support: Round-the-clock assistance for card-related inquiries and emergencies
• No Foreign Transaction Fees: International purchases without additional fees for currency conversions

Step-by-Step Guide on How to Apply

Applying for the card is straightforward, whether you choose to apply online or in person. 

Follow these simple steps to ensure a smooth application experience. Here’s a step-by-step guide on how to apply:

1. Check Eligibility Requirements: Ensure you meet the age, income, and residency requirements before applying.
2. Gather Necessary Documents: Prepare documents such as your ID, proof of income, and proof of address.
3. Online Application: Visit the ACBA Bank website or complete the application form using the mobile app.
4. In-Branch Application: Go to a local ACBA Bank branch and submit the application form and your documents.
5. Review and Submit: Double-check all information and submit your application online or in person.
6. Wait for Approval: ACBA Bank will review your application and notify you of the approval status.
7. Receive Your Card: Once approved, your Visa Gold card will be mailed or available for pickup at the branch.
8. Activate Your Card: Activate your card online, via the mobile app, or by calling customer service.

Application Requirements

Ensuring you meet the requirements before applying is essential. Here’s a list of the application requirements to help you prepare:

• Age: You must be 18 years old to apply for the card.
• Proof of Identity: A valid government-issued ID such as a passport or national ID card.
• Proof of Income: To demonstrate your income, recent payslips, bank statements, or tax returns.
• Proof of Address: A recent utility bill or rental agreement will be used to verify your residence.
• Credit History: A good credit history may be required for approval.
• Residency: You must be a resident of Armenia to apply.
• Application Form: Complete and submit the official application form online or in person.

What Happens After You Apply?

Once you’ve submitted your application, the bank will begin reviewing your information. Here's what to expect after you apply:

• Application Review: ACBA Bank will verify the details and documents you have submitted.
• Credit Assessment: The bank will assess your creditworthiness based on your income and credit history.
• Approval Notification: You will be notified of the bank’s decision, usually by phone or email.
• Card Issuance: If approved, your ACBA Bank Visa Gold card will be processed and sent to you.
• Card Activation: Once you receive your card, you must activate it before use.
• In Case of Rejection: If your application is declined, you will be informed of the reasons and may have the option to reapply.

Benefits of Having an ACBA Bank Visa Gold Card

The ACBA Bank Visa Gold card offers various benefits designed to enhance your financial flexibility and lifestyle.

Here are the key benefits of having an ACBA Bank Visa Gold card:

• Global Acceptance: The ACBA Bank Visa Gold card is widely accepted at millions of locations worldwide, both online and in-store.
• Travel Insurance: Cardholders enjoy complimentary travel insurance covering accidents, lost baggage, and trip interruptions.
• Reward Points: You can earn points on every purchase, which can be redeemed for travel, shopping, or other rewards.
• Cashback Offers: The card offers special discounts and cashback on selected purchases and services.
• Purchase Protection: Items purchased with the card are covered, including protection against damage or theft.
• Fraud Protection: The card features advanced security, including zero liability for unauthorized transactions.
• Flexible Payment Options: You can pay the minimum or the entire balance, offering flexibility in managing payments.
• Concierge Service: Cardholders can access a concierge service for travel, dining, entertainment, and lifestyle needs.
• Priority Customer Support: 24/7 customer service is available for card-related inquiries and emergencies.
• No Foreign Transaction Fees: International purchases are free of additional fees for currency conversions.

Interest Rates and Fees

ACBA Bank offers Visa Gold credit cards at various competitive interest rates and fees. 

Below is a breakdown of the key charges associated with the Visa Gold card:

Interest Rates:

• Purchase APR: Typically, the interest rate on purchases is around 22% annually.
• Cash Advance APR: Cash advances incur an interest rate of approximately 24% annually.
• Penalty APR: If payments are missed or the account becomes delinquent, the penalty APR can rise to 30% annually.
• Grace Period: Generally, there is a grace period of up to 20 days for purchases, during which no interest is charged if the balance is paid in full.

Fees:

• Annual Fee: The Visa Gold card has a yearly fee of approximately 15,000 AMD.
• Late Payment Fee: Depending on the payment delay, a late payment fee of around 2,000–5,000 AMD may be charged.
• Foreign Transaction Fee: A fee of 1.5% is applied to all foreign transactions.
• Cash Advance Fee: A fee of 3% of the withdrawn amount applies for cash advances.
• Overlimit Fee: If the credit limit is exceeded, a fee of around 1% of the overlimit amount may be imposed.

Customer Support and Assistance

You can contact the bank directly for any inquiries or assistance regarding your application or the ACBA Bank Visa Gold card. Here’s how you can contact ACBA Bank:

• Address: 82-84 Aram Street, Yerevan, Armenia
• Phone: +37410318888
• Email: acba@acba.am

The Bottomline

The ACBA Bank Visa Gold card offers a range of benefits, making it an excellent choice for those seeking financial flexibility and exclusive perks. 

Following the steps outlined in this article, you can easily apply for the card and enjoy its rewards. 

Visit the ACBA Bank website today to apply and unlock these valuable advantages!

Disclaimer

The information provided in this article is for general informational purposes only and may be subject to change. 

Please refer to the ACBA Bank official website or contact customer service for the most up-to-date details on fees, interest rates, and application requirements.