If you want to be rewarded for the dollars you already spend on a credit card, then a DFCC Bank Credit Card might be a good fit for you. Many of their cards help you achieve a benefit for every transaction you make. This of course is only valuable if you use your credit card to purchase and then pay your monthly fees.
DFCC Bank provides a range of credit card options. The important thing to determine before you apply for any kid of credit card is whether or not it fits your lifestyle. There are thousands of cards on the market, and just because there are doesn't mean you should apply for all of them. Look at your goals and financial health before determining which card is going to fit.
A credit card should work for you, you should not be working for it. We have checked out DFCC's Gold Card and have compiled pertinent information you need to know. Once you review the information you can decide whether or not this is the card that is going to help you live and enhance your lifestyle.
What are the Benefits of the DFCC Gold Card
The DFCC Gold Card makes your transactions worthwhile by offering 1% cash back on every spend. Keep in mind that this feature is only applicable once you have spent a minimum of Rs. 5,000 using this Visa card.
When your account becomes eligible, your 1% cash back will be credited to your DFCC savings account or even your child’s Junior DFCC savings account monthly, quarterly or yearly (it's up to you).
Aside from cash back, the DFCC Gold Card also gives you access to discounts of up to 50% at selected merchants all year round. If you have a large expense coming up you can take advantage of the banks' 0% instalment plan feature which comes with no extra charges for up to 24 months.
Along with these perks, the DFCC Gold Card also has various security features, including the latest EMV chip technology and Visa’s PayWave contactless technology. This way, you don't have to worry about the safety of your money every time you make a transaction.
What are the Fees of the DFCC Gold Card
There are many fees you need to review before you decide upon whether or not this card is for you. Tae a look at your personal situation and decide what you can and cannot accept. All of these fees will affect your monthly budget so it is best to take that into account before taking any further steps.
- Joining fee for primary cards - Rs 400
- Annual fee for primary cards - Rs 1,500 for primary cards.
- Joining fee for supplementary cards - Rs 0
- Annual fee for supplementary cards - Rs 750
- Annual interest rate - 28%
- Cash advance fee - 4% for a minimum of Rs 250 transaction
- Late payment fee - Rs 900
Nothing beats having a credit card with built-in safety measures that helps to grow your savings account. With a DFCC Gold Card, you can save money through cash back and great discounts on all eligible purchases, making credit banking much more worthwhile for you and your family.
How to Apply for a DFCC Gold Card
If you are interested in applying for this credit card, you can easily get started online by using the bank’s credit card application form on the DFCC website. However, like all banks, DFCC has eligibility requirements you need to fulfil. One of these is a minimum gross income of Rs 20,000. This applies to employed and self-employed individuals.
You must also be ready to provide the bank with pertinent documents including your recent bank statement, pay slips, as well as proof of your identity and residence. Upon assessment of your personal, financial and credit information, you will be assigned an appropriate credit limit. For the DFCC Gold Card that can range all the way up to Rs 100,000.
How to Contact DFCC
Head office
73/5 Colombo - Galle Main Rd
Colombo 00300, Sri Lanka
Telephone: +94 112 442 442
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.
