I&M Bank Kenya - Business Credit Cards

Business Credit Cards

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I&M World Business Credit Card

  • Joining Fee

    Kes 5,000

  • Principal Annual Fees

    Kes 8,000

  • Revolving Credit Interest -% per month on the actual daily outstanding balance

    3.5%

  • Cash Advance Fees

    7.5% of cash advanced

  • Overlimit Charge

    Kes 2,500

  • Late Payment penalty Rate -% of outstanding amount

    6%

  • Minimum payment rate

    5%

  • Card Replacement Fee

    Kes 1,000

  • Cash Advance % of credit Limit

    40%

  • Roll Over Amount

    95%

  • Credit Period

    Up to 50 Days

  • Unpaid Instruments Handling Fees

    Kes 2,500

  • SMS Alert Fees

    NIL

  • Min Credit Limit Allowed

    50,000

  • Max Credit Limit Allowed

    3,000,000

  • Product Billing Cycle Date

    10th day of every month

  • Payment Due date

    19 days from statement date

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I&M Business Credit Mastercard

  • Joining Fee

    Kes 4,000

  • Principal Annual Fees

    Kes 5,000

  • Revolving Credit Interest -% per month on the actual daily outstanding balance

    3.5%

  • Cash Advance Fees

    7.5% of cash advanced

  • Overlimit Charge

    Kes 2,500

  • Late Payment penalty Rate -% of outstanding amount

    6%

  • Minimum Payment Rate

    5%

  • Card Replacement Fees

    Kes 1,000

  • Cash Advance % of credit Limit

    40%

  • Roll Over Amount

    95%

  • Credit Period

    Up to 50 days

  • Unpaid Instruments Handling Fees

    Kes 2,500

  • SMS Alert Fees

    NIL

  • Min Credit Limit Allowed

    Kes 50,000

  • Max Credit Limit Allowed

    Kes 3,000,000

  • Product Billing Cycle Date

    10th day of every month

  • Payment Due date

    19 days from statement date

Learn More

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