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CREDIT CARD

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Shwe Rural and Urban Development Bank e-Banking Department door for SHWE(MPU) debit card services. Currently, we have Gold
and Platinum cards classified as services. A SHWE(MPU) debit card is a debit card that provides services within Myanmar.

Shwe Bank MPU Credit Card (Silver Card)

Regular Credit Card helps you to make cashless transactions with borrowed money. It can be used to purchase goods at stores physically and digitally.

Shwe Bank MPU Credit Card (Gold Card)

With higher credit limits in SHWE Bank Gold Credit Card, customers can enjoy purchases up to 1,500,000 Kyats.

Shwe Bank MPU Credit Card (Platinum Card)

The most prestigious card from SHWE Bank. It offers purchases up to 5,000,000 Kyats physically and digitally.

Requirements For Registration

  1. Community Letter of Recommendation (original).
  2. Police station recommendation letter (original).
  3. NRC (copy).
  4. Family List (Copy). ​​​
  5. Savings Account first page (Copy).
  6. The 2 guarantors’ NRC card (Copy).
  7. The 2 guarantor must sign S-25 agreement or obtain company insurance
    – One of the two guarantors is required to open an account with Shwe Bank
    – The S-25 agreement requires the signature of a person at the same level or one level above
    – S-25 must be attached with a special stamp -2,500/
    – S-28 must be attached with a special stamp -150/
  8. Worker ID card (Copy).
  9. Employee certificate.
  10. Three-month payroll or bank account list or other proof of income.
  1. Community Letter of Recommendation (original).
  2. Police station recommendation letter (original).
  3. NRC (copy).
  4. Family List (Copy). ​​​
  5. Savings Account first page (Copy).
  6. The 2 guarantors’ NRC card (Copy).

Credit Card Supported Services

Accounting

POS

SHWE(MPU)credit cards can be used to purchase goods or services in stores across the country with the MPU logo and the SHWE bank logo. The interest-free period is set to a maximum of 45 days, and you will be entitled to an interest-free period if the total amount spent is repaid within the repayment period.

ATM Cash Machine

ATMs

SHWE (MPU)credit cards can withdraw 20% of the credit limit from ATMs. If you withdraw money from an ATM, you will be charged a minimum of 1,000 KY or withdraw the total amount 1. 5% cash advance fee, and will not receive an interest-free term (45 days), as well will be calculated at an annual interest rate of 13% from the date of the cash withdrawal.

General Rate

Interest Free Period

Up to 45 days interest free period.

Interest on purchasesInterest on purchases

13% per year if full payment has not been made by payment due date.

Partial Payment Fee

Charge of 1% on total due amount occurs if the full payment is not received by due date.

Late Payment Fee

2% on outstanding balance if minimum payment has not been made by due date.

Card Reissue/Renewal Fee

Ks-10,000 processing fee will incur in case of reissue/renewal cards. Ks-10,000 processing fee will incur in case of reissue/renewal cards.

PIN reissue Fee

Ks-1,000 processing fee will incur to reset your 6 digit PIN. Ks-1,000 processing fee will incur to reset your 6 digit PIN.

Statement Re-print Fee

Ks-500 processing fee will incur to print your statement at once. Ks-500 processing fee will incur to print your statement at once.

Cash Advance Fee

(On us)Ks- 1000 or 1.5 % per Transaction Amount
(Off us) Ks- 1000 + MPU Charges or 1.5% + MPU Charges per Transaction Amount
(On us)Ks- 1000 or 1.5 % per Transaction Amount
(Off us) Ks- 1000 + MPU Charges or 1.5% + MPU Charges per Transaction Amount

Annual Card Fees (Main Card)

An annual fee of
Silver- Ks-20,000
Gold- Ks-50,000
Platinum- Ks-100,000

Annual Card Fees (Supplementary Card)

An annual fee of
Silver- Ks-15,000
Gold- Ks-30,000
Platinum- Ks-60,000

Card Lifetime

Card Lifetime will be 3 years