CKB American Express Gold
American Express Gold is a revolving credit card created with the goal of providing security, visibility and superior service to its customers. You can use it to pay for products and services and withdraw cash at home and abroad, up to the amount of the approved credit limit, against minimum monthly debt repayment, at the locations with American Express acceptance mark.
Target clients
American Express Gold revolving credit card is intended for all creditworthy clients who receive a salary/pension in Montenegro.
In order to meet the needs of citizens, CKB also allows those who are not regular Bank clients to apply for this card, as well as persons with a fixed-term employment contract who are able to provide certain collateral.
If you are not employed, you can get a card if you provide a personal deposit as collateral.
Advantages
With American Express Gold card, you can:
- be approved a high credit limit
- repay the debt in the amount of the minimum monthly repayment, which you choose yourself
- avoid any interest if you settle the entire debt by the 15th day of the month
- pay for products and services and withdraw cash at home and abroad at the points of sale with American Express acceptance mark and online
- check the balance at your account at CKB ATMs and other bank ATMs at home and abroad
- buy top-ups for mobile networks 067, 068 and 069 at POS terminals of our Bank, from authorized dealers
With American Express Gold card you also get special benefits:
- the right to travel and health insurance if you pay for travel expenses with this card.
For more information, please visit www.americanexpress.com/montenegro
Issuance of additional card
The account holder who has American Express Gold card can be issued additional cards, the first additional card free of charge. This can make it easier for your family members, your children, students abroad, etc. to use your funds. Additional cards are issued at the request of the basic card holder in favour of another natural person, and all transactions originating from the use of additional cards are debited against the account of the basic card holder.
Debt repayment period
The American Express Gold credit card works on the principle of revolving credit so that you pay the minimum amount of debt each month, which you choose (5%, 10%, 15%, 25%, 50%, 75% or 100%, and a minimum of €25), and the remaining debt is carried over to the next month. The minimum amount of debt is due on the last day of the month in which the purchase is made. If you settle your entire debt by the 15th day of the month, you will be exempt from interest. Collection of overdue liabilities is done automatically from your transaction account.
Security
- Administrative salary/pension withholding order
- Bill of exchange and authorization for the bill of exchange
- Deposit
- Guarantor (optionally)
There is a possibility of approving a credit limit up to the amount of one salary without an administrative salary/pension withholding order and an employment certificate, for clients who have been receiving their salary/pension through an account with CKB for 6 months.
Documents required
- Signed copy of ID
- Administrative salary withholding order for the applicant
- Administrative pension withholding order for the applicant
- Bill of exchange
- Employment certificate (not older than 30 days) or pension cheque
- Copy of seaman's book (matricula)
- Personal data form
- Consent for access to the Credit Bureau Register (RKB)
- Credit card application form
- Credit limit application form
The Bank reserves the right to request additional security or documents, if considered necessary.
GOLD REWARDS
American Express Gold credit cardholders have the option of exercising the right to an award flight if the cardholder realizes consumption in defined amounts on an annual basis at POS terminals:
- if the realized turnover at POS terminals is greater than or equal to €7,500.00, he/she is entitled to a flight on the Podgorica-Belgrade-Podgorica or Tivat-Belgrade-Tivat route or a voucher of €100.00
- if the realized turnover at POS terminals is greater than or equal to the amount of € 15,000.00, he / she is entitled to a flight on the Podgorica-Rome-Podgorica or Podgorica-Vienna-Podgorica route or a voucher of €200.00
If the client with whom the Loan agreement on the issuance and use of the American Express Gold credit card has been concluded also has an additional card user, the turnover realized by both the principal owner and the additional user of the card is calculated for exercising the right to the award flight/voucher.
The right to the award flight can be used by the client no later than 31 March of the year following the year in which the prize was won.
The client is obliged to report the right to use the prize to the partner at least one week before the planned flight.
The application for the award flight/voucher may be submitted exclusively by the client with whom the Loan agreement on the issuance and use of the American Express credit card has been concluded.
The award voucher is valid for one year from the day the voucher is issued by the partner, after which it cannot be used.
The client has the right to transfer the reward to a third party, and in that case he/she is obliged to enter the data of the person who will use the reward on the application he/she submits, in the field "Reward Beneficiary".
Tickets/vouchers on this basis can be picked up exclusively at the Montenegro Airlines Office, Bulevar Ivana Crnojevića 53, Podgorica.
Fees
For pricing of cards issued until December 14, 2020, see our tariffs.