(+382 202) 19905

MasterCard Credit


Who it is intended for?

MasterCard Credit is primarily intended for Hipotekarna Bank regular customers but also for all adult citizens with good credit standing, irrespective of whether they are nationals of Montenegro (residents) or non-residents.

Key benefits

  • payments are possible even without any money on your current account
  • electronic payment in Montenegro and abroad, free of any commission or fees
  • online purchases
  • cash withdrawals at ATMs
  • option to receive a security SMS message for every transaction completed

How it works?

MasterCard Credit Revolving allows you to spend the money up to the credit limit given to you by the Bank based on your credit rating. The expenses can be repaid on a monthly basis, at a rate which best fits your needs.

For a proper use of your MasterCard Credit Revolving Card, you need to settle your monthly dues (5% of overall debt at a minimum, increased by the accrued interest) by not later than the 8th of each month. Your monthly dues can be settled by HB click or mHb click electronic banking services, by a permanent payment order, by direct payment at a Hipotekarna Bank counter or counters of other banks and of the Post Office of Montenegro. You can also deposit a bigger amount than the amount of your minimum monthly dues or, if possible, settle the entire debt.

This card functions as any other payment card: you can use it at POS terminals in Montenegro and abroad and make payments for goods and services without any commissions or fees. You can also use the card for your online purchases. If you need cash, you can make cash withdrawals at Hipotekarna Bank ATMs or those of any other bank accepting MasterCard cards, for a fee.

In addition to the primary card, one or more secondary cards can also be issued upon request. All the spending made through both the primary and secondary cards is debited from a single account, and the credit card limit is determined based on the account holder’s credit standing. The primary and secondary cards are issued for a term of 2 years, and are automatically renewed upon expiry.

If your card is lost/stolen in the country or abroad, please report it immediately at +382 19905 (available 24/7/365) or at our nearest branch.

Applicable fees

Issuance of primary cardEUR 3.00
Issuance of a secondary cardEUR 2.00
Monthly membership fee for the primary cardEUR 2.50
Monthly membership fee for a secondary cardEUR 1.50
Payments at POS terminalsno commission
Cash withdrawal at Hipotekarna Bank ATMs1.00% (min. EUR 2.00)
Cash withdrawal at ATMs of other banks 3.00% (min. EUR 4.00)
Interest rate on outstanding amount payable1.20% per month

Documents required for card issuance

To be issued a MasterCard Credit Revolving card, please submit the following documents at one of our offices:
  • filled out application form for MasterCard Credit Revolving card
  • photocopy of a personal document (personal ID or passport)
In addition, depending on your status, you must meet the following eligibility requirements and submit supporting documents:

For clients receiving their salary via Hipotekarna Bank
  • evidence showing 1/3 salary is under no burden, to cover the percentage of revolving credit, twice the amount    
  • signed bill of exchange    
  • decision on attachment of salary   
  • permanent payment order signed
For other citizens
  • evidence showing 1/3 salary is under no burden, to cover the percentage of revolving credit, twice the amount
  • signed bill of exchange
  • decision on attachment of salary
  • permanent payment order signed
  • deposit as follows
    • 20 % of credit amount requested + 2 guarantors (joint credit capacity) or
    • 40 % of credit amount requested + 1 guarantor (guarantors must show 1/3 of their salary is under no burden, to cover the percentage of revolving credit, twice the amount)
For students
  • certificate showing student status, with seal and signature by authorised college staff affixed
  • permanent payment order signed
  • deposit as follows
    • 20 % of credit amount requested + 2 guarantors (joint credit capacity) or
    • 40 % of credit amount requested + 1 guarantor (guarantors must show 1/3 of their salary is under no burden, to cover the percentage of revolving credit, twice the amount)
For clients depositing 100% of credit limit
  • decision on attachment of salary




Facebook
How to find us
Find branch office or ATM