Banif Cardholders get their annual card fee back!

October 25, 2011
June 20, 2023
Banif Cardholders get their annual card fee back!

Banif clients now have one more valid reason to use their credit cards. The Bank has just launched a scheme whereby credit card holders can get their annual card fee refunded without having to spend larger amounts than usual. By simply using their credit card for regular monthly spending at supermarkets, retail outlets, restaurants, petrol stations, online or even when paying for their utility bills, card holders can get a full refund of their annual credit card fee. All cardholders will automatically be eligible for this scheme, and the first clients entitled to a refund for the 12-months prior to September 2011, will be contacted over the next few days by the Bank.

This scheme is open to all Banif Classic and Gold Credit Card holders including Hello Kitty Classic Credit card users. To be entitled to the annual card refund, Classic and Hello Kitty Card holders, have to use their card for an average of €550 per month over the 12-month period prior to the date on which the card fee is charged by the Bank. Gold Card holders have to use their card for an average of €1,600 per month over the 12-month period. Purchase transactions carried out by supplementary card holders will also be eligible for this scheme.

“As the alternative Maltese Bank, Banif always strives to come up with new and better options for its clients. Banif credit card holders already benefit from a number of exclusive credit card features and through this new scheme, they can now enjoy all these privileges for free,” commented a Banif Bank representative from the e-Channels Office.

Banif is the only bank in Malta to include a free Purchase Protection Insurance in all its credit card packages. Eligible purchases made with credit cards are automatically protected from accidental damage or theft for up to 90 days from the moment of purchase. In addition, all credit card holders who buy their travel tickets with their card benefit from free travel insurance.

Banif Bank also gives the option to its card holders to pay off their credit card in full each month and never pay any interest. Alternatively they can choose to repay any percentage of their outstanding balance that best suits their lifestyle.  Repayments are made by automatic direct debit; hence they do not have to worry about remembering to make the repayment each month.

Further details about the scheme and the benefits of the credit cards offered by Banif can be obtained from the Bank’s web portal –, by calling customer care on 2260 1000 or from any Banif Bank branch in Malta and Gozo.