With the I&M Bank Mastercard World Business Credit card you will enjoy financial control with multiple business solutions in one card for business-related travel, entertainment, and other expenses while your employees experience unrivaled financial and lifestyle benefits like purchase of travel tickets, hotel stays, and entertainment.
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I&M World Business Credit Card
Making your employee business expenses more manageable

Tailor made for businesses
The I&M World Business Credit Card keeps you in control of business-related travel, entertainment and other expenses incurred by your employees with complete transparency and efficiency. It is an ideal solution for companies with employees who travel and entertain regularly for business purposes.
Why opt for this card?
The I&M World Business Credit Mastercard is designed for companies who wish to offer a corporate credit card to their key employees. With this card, an employee can pay for a range of business expenses from travel tickets to hotel stays and entertainment, as authorised by the company.
Here are the benefits to your organisation:
Accountability – The card provides expense management tools and transaction alerts that give your business better visibility on individual employee expenses.
Travel Benefits – Benefit from comprehensive travel insurance, purchase protection and airport lounge access.
Tailored Spending Limits - Customize spending limits for employees based on their roles and responsibilities.
Concierge Services - Make the most of tailor-made concierge services for assisted travel bookings, restaurant reservations and other business-related activities.
Card Safety - We offer you card safety controls on the I&M On The Go App and Web – PIN management with a card lock/unlock facility.
I&M World Business Credit Mastercard
A convenient, efficient and effective option for your business and at the same time offering lifestyle benefits that your employees can enjoy during their business travels and entertainment
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Benefits to the Card Holder
Making business travel and entertainment experience even better
Worldwide Access
Access over a million Mastercard ATMs in over 210 countries
Card Safety
Card safety controls on I&M Mobile App and Web – PIN management and card lock/unlock facility
Online Transactions
Enjoy 3D secure online transactions on applicable websites
Credit Period
Up to 50 days interest-free credit on purchases
Payments
Convenient payment of credit card bills via I&M Bank OTG Mobile App, Cheque or cash Deposit or bank transfer
Mobile Access
Online & Mobile Access to account spending | Limit and usage controls | Free SMS alerts for all transactions
Charges
Joining Fee | 5,000 |
Supplementary joinign Fees | NA |
Principal Annual Fees | KES 8,000 |
Supplementary Annual Fees | NA |
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 | 6% flat on outstanding amount |
Credit Life Insurance % P.a of approved Limit | NA |
Minimum payment rate | 5% |
Card Replacement Fees | KShs. 1,000 |
Cash Advance % of credit Limit | 40% |
Roll Over Amount | 95% |
Credit Period | Up to 50 Days |
Unpaid Instruments Handling Fees | Kshs.2,500 |
SMS Alert Fees | NIL |
Min Credit Limit Allowed | Min 50,000 |
Max Credit Limit Allowed | Max 3,000,000 |
Product Billing Cycle Date | 10th day of every month |
Payment Due date | 19 days from statement date |
Requirements
- Board resolution authorizing the issue of the cards to the person mentioned herein and undertaking liability thereon for the specific employees
- Recent coloured passport-size photographs of card applicants
- Copy of National ID/Passports of the card applicants
- * Depending on the business's existing relationship with the Bank, more supporting Information/Documents may be requested
- Certified copies of six months' bank statements of all company bank accounts
- Certified copies of the company Audited Accounts for the last 2 years
- Certified copies of Memorandum & Articles of Association of the company
- Copy of Certificate of Incorporation
- KRA PIN Certificate of the company
- Company CR-12 form
- Copies of returns filled with the Registrar Office - annual returns and a receipt from the Registrar of Companies
- Board resolution authorizing the issue of the cards to the person mentioned herein and undertaking liability thereon for the specific employees
- Recent coloured passport-size photographs of card applicants
- Copy of National ID/Passports of the card applicants