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Credit Cards  

In addition to the cards listed on the left, we are able to provide customised card products to meet the needs of large corporations and institutions.  We can also arrange for co-branding and affinity programmes for charitable organisations.

An Affinity Card offers all the global spending power, convenience, flexibility and global benefits coupled with the advantage of receiving a contribution with card usage.  Every time the cardholder uses the Affinity Card, the charity benefits from the shared revenues of the Card operation.

For medium to large private institutions, a co-branding card offers all the benefits and advantages of a charge card branded under the company's brand name — thus promoting brand and customer loyalty.

Secured and pre-paid personal or business cards - no credit checks!

On this page:

 

Secured Cards

Prepaid Cards

A credit card is an essential part of 21st Century living - travelling, business, internet shopping and just day to day living are impossible without one.   We are pleased to offer a range of secured credit cards, MasterCard or VISA, and pre-loaded (stored value) Cirrus and Maestro cards.  The bonus is that they come with a full operational bank account with internet banking.   We are also able to arrange for co-branding of customised cards for large companies/institutions, or affinity cards for charitable organisations - see to the right.

[There are no credit checks but with the application forms the bank will require the usual certified copy of passport, proof of residential address (e.g. recent credit card statement, bank statement or utility bill) plus a reference from (a) your existing bankers or (b) a lawyer or accountant or (c) your current employer.]   

These cards come with the bonus of an associated fully functional bank account with internet banking for either business or personal use.   The Cards (and your account) may be denominated in £ (GB pounds) $ (US dollars) or € (Euros).  You may choose to have more than one type of card allowing great flexibility for family or employees.    Please read on .........

The cards described below are available to the account holders of a bank which is based in Cyprus**. 

The StandardCARD (MasterCard) and GoldCARD (VISA or MasterCard) require a security deposit of double their respective monthly spending limit (see below).  The security deposit is held in a deposit margin account attached to a regular bank account.  Statements are issued on the 1st of the month and sufficient funds must be in the bank account to replenish the margin account by the 15th of the month.    The Security deposit will be refunded when the card is cancelled.

The KeyCARD and GlobalCARD are loaded with a prepaid spending limit allowing for great flexibility.  These cards may not be used for internet or telephone transactions.

Our fee (of £300 for a personal account or £450 for a business account) includes as many of the following cards as you would like, as well as the fully operational bank account with internet banking. (*See end for details of account opening requirements).

Card details follow below ............

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StandardCARD  
Monthly spending limit starts at 1000 £/$/€ per month - security deposit therefore from 2000 £/$/€.  The Standard Card is a secured deferred payment charge card that bears the logo of MasterCard®

Card holder benefits include travel information service, referral service to medical specialists abroad, evacuation and repatriation service, emergency dispatch of a specialist and medicines and free accidental insurance for the cardholder and their immediate family.

MASTERCARD is one of the largest payment system organisations in the world and in its group has over 700 million cards worldwide that are accepted by more than 30 million merchants in 220 countries.

Cash withdrawal facility

With your Standard Card you can withdraw cash from over 900,000 conveniently located ATM’s worldwide, which are readily available 24 hours a day, all year around.

Standard Card Free Travel Insurance

The bank provides travel insurance coverage for you when you use your Standard MasterCard to pay for overseas travel. This includes cover for your immediate family travelling with you if their travel is paid for using your card.

GoldCARD  

Monthly spending limit starts at 5000 £/$/€, therefore Security Deposit required is from 10,000 £/$/€

Standard Card is the perfect companion for the busy corporate and private banking executive.  It is a secured deferred payment charge card that bears the MasterCard® logo.   

Card holder benefits include travel information service, referral service to medical specialists abroad, evacuation and repatriation service, emergency dispatch of a specialist and medicines and free accidental insurance for the cardholder and their immediate family.

MASTERCARD is one of the largest payment system organisations in the world and in its group has over 700 million cards worldwide that are accepted by more than 30 million merchants in 220 countries.

CASH WITHDRAWAL FACILITYWith your Standard Card you can withdraw cash from over 900,000 conveniently located ATM’s worldwide, which are readily available 24 hours a day, all year around.


STANDARD
CARD FREE TRAVEL INSURANCEThe bank provides travel insurance coverage for you when you use your Standard MasterCard to pay for overseas travel. This includes cover for your immediate family travelling with you if their travel is paid for using your card.

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GoldCARD Merchant services

(Minimum monthly spending limit from 5000 £/$/€, therefore Security Deposit required is from 10,000 £/$/€)

Gold Card is our premium brand card.  It is available in either MasterCard® Gold or Visa™ Gold versions.  Both are secured deferred payment charge cards which means that you have the flexibility to control the monthly spending limit available.

VISA GOLD CARD
As the most widely recognised payment system in the world, Visa has nearly 21,000 financial institutions as its members, over 20 million merchants and more than 1,2 billion cardholders.

CASH WITHDRAWAL FACILITY
With your Gold card you can withdraw cash from over 900,000 conveniently located ATM’s worldwide, which are readily available 24 hours a day, all year round.

GOLD CARD FREE TRAVEL INSURANCE
The bank provides free travel insurance coverage for you when you use your Gold Card to pay for overseas travel. This includes cover for your immediate family travelling with you if paid for using your card.  The insurance policy covers death, disablement and medical assistance.  The amount of compensation is up to a maximum of US$200,000.

Other benefits include referral service to medical specialists abroad, evacuation and repatriation service, emergency dispatch of a specialist and medicines and free accidental insurance for the cardholder and immediate family.

Executive Club International (ECI) Standard Membership
Gold Card holders enjoy free standard membership of the Executive Club International (ECI).  ECI is an exclusive affinity club providing benefits and services for frequent flyers.  Members can receive:

Hotel Reservation Discounts and VIP Services — members receive guaranteed discounts of up to 50% at more than 5,000 hotels worldwide.  In addition, in many hotels members receive a free upgrade.

Car Rental Discounts — members can benefit from savings of up to 30% at Avis, Hertz, and Europcar/Interrent.

Luggage Identification and Retrieval Service — should your luggage be lost, one call to ECI will initiate a worldwide search.

Other benefits include free travel information service including free worldwide reservations, associate membership to exclusive private clubs and golfing benefits.

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KeyCARD  (pre-loaded)

 

KeyCARD is a payment card that bears the Cirrus logo, the global acceptance mark of MasterCard International.  KeyCARD is not used for Internet transactions.

·         The KeyCARD can be used at over 900,000 ATMs worldwide.

·         The KeyCARD gives you access to local currency anywhere you see an ATM with a Cirrus logo.

·         The KeyCARD provides access to cash 24 hours a day, 365 days a year.

·         Safe way to carry cash — KeyCARD has full PIN security against ATM fraud.

·         An ideal method for transferring money to a family member with a companion account in another country and to send money to     students studying abroad.

·         Confidentiality is secured at all stages of card usage — all KeyCARD transactions require electronic authorisation.

 

The Cirrus mark on the reverse of the Card means that the Card may be used to obtain cash from any ATM displaying Cirrus logo.

 

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GlobalCARD (pre-loaded)

·     

GlobalCARD is a payment card which bears the Maestro and Cirrus logos, global acceptance marks of  MasterCard® International.  GlobalCARD is not used for Internet transactions.

·     GlobalCARD is like a KeyCARD with the added convenience of use at merchant locations that accept the Maestro logo.

·     Convenient way to pay for goods and/or services whether shopping around town or around the world or to obtain cash from an ATM as and when required.

·     Accepted at over 11 million merchants displaying the Maestro mark.

·     24 hour access to cash at over 900,000 ATMs displaying the Cirrus mark worldwide.

·     Easy Way to budget cash: GlobalCARD– provides the facility of replenishment with amounts to suit your budget at anytime. You just transfer funds to secure further utilisation of your GlobalCARD

·     Lost/stolen replacement.

·     Safe way to carry cash – GlobalCARD has full PIN security against ATM fraud.

·     For Security, all GlobalCARD transactions require electronic authorisation.

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The bank is a well-established bank in Cyprus where, since 1982, it has held an international banking licence issued by the Central Bank of Cyprus, being the regulatory and supervisory authority.

Disclaimer:  The information is provided as a guide and nothing contained herein should be construed as specific advice.  Jayga Ltd makes no warranties or representations regarding the fitness for purpose of the content provided for your particular circumstances.  Where advice is needed we recommend that all clients seek the best local advice on legal, financial or tax issues.  We are a service company and do not advise on these matters.

www.jaygaltd.co.uk