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WORKING TOGETHER. BUILDING SUCCESS.

Let your business reap the rewards, benefits and recognition it deserves.

Visa Executive Commercial

Overview

With the Cedrus Visa Executive Credit Card, let your business reap the rewards, benefits and recognition it deserves. This card has been designed to help you manage your finances and have full control over your corporate expenses, to grow your business, independent of your personal finances.

 

Features:

  • Available in USD and LBP
  • Monthly interest on POS = 1.5%
  • Monthly interest on ATM = 2%
  • Card annual fee:
    • 1 card = USD225 or its equivalent in LBP
    • 2 - 4 cards = USD180 or its equivalent in LBP
    • 5 cards or more = USD150 or its equivalent in LBP
  • SMS alert monthly fee = USD 1 or LBP1,500
  • Free E-statement
  • Up to 50 days grace period on purchases in case of full balance settlement before the due date (cash withdrawals excluded)

Benefits

Company-Wide Benefits

The array of benefits that the Cedrus Visa Executive Credit Card offers you and your company are extensive. Both the corporation and its employees can take advantage of numerous offerings, outlined below.

 

Corporate Benefits:


Corporate Liability Waiver Insurance

The Corporate Liability Waiver Insurance protects businesses against any potential misuse of the card by employees. Limits covered include up to USD25,000 per cardholder and USD1,650,000 per company, on an annual basis.

 

Reporting

  • Easily monitor your business spending and account balances
  • Receive a detailed listing of all transactions (including the date, place of purchase, merchant category, amount spent, etc.)

 

3D Secure Feature

  • Safe and secure online payments
  • New password requested upon every online transaction

 

Payment Control

  • Ability to set a maximum amount to be used daily or weekly, based on the card level
  • Ability to apply usage restrictions on a country level
  • Ability to apply usage restriction by merchant category

 

Fraud Insurance

  • The Cedrus Visa Executive Credit Card is protected against unauthorized transactions or fraudulent use of the card, for amounts up to USD2,500.
  • Visit www.cardholderbenefitsonline.com for full policy details.
  • *Terms & conditions apply

 

Visa Commercial Offers & Mobile Application

  • Visit www.visamiddleeast.com/businesssavings to take advantage of a wide array of selected discounts and offers upon payment with your Cedrus Visa Executive Credit Card
  • Download Visa Explore or visit www.visamiddleeast.com

 

Chip & Pin Technology

The state-of-the-art Chip & Pin technology ensures an increased protection against fraud. Your PIN is now required to authorize any transaction, without the need to sign the transaction slip.

 

 

Employee Benefits:

 

Lounge Access:

  • Benefit from the LoungeKey program offering you unlimited, complimentary access to over 650 airport lounges around the world
  • A fee of only USD27 will be charged to your card for any guest accompanying you
  • Full service support via website www.loungekey.com/visasignaturemena or LoungeKey mobile App.
  • * please take note that all international/overseas transactions take up to 15 days to be traced at the lounge key system.

 

Rewards Program

  • Earn 1 Cedrus Blu Point for every USD1 spent
  • Check the reward options on the Cedrus Bank Rewards application
  • Choose from a wide array of products, including items, gift cards, travel packages, airline tickets, hotel bookings, card fees and car rentals
  • Redeem your points for the gift of your choice by visiting www.cedrusbank-rewards.com
  • Receive your selected item within 2 days
  • Redeem your points for a tax inclusive trip, across more than 900 airlines worldwide
  • Pay the difference in points using your credit card
  • Accumulate points faster by combining and redeeming the points you earn across Blu Partners
  • Transfer points to your friends and family
  • Check your point balance online

 

Travel Insurance

Benefit from multi-trip travel insurance to cover all unforeseen circumstances, which include:

  • Trip cancellation / curtailment
  • Luggage loss / delay
  • Flight delays
  • Emergency medical expenses (with cover up to USD150,000)
  • Personal accidents (with cover up to USD500,000)
  • Free certificate of coverage available
  • For additional details visit www.cardholderbenefitsonline.com

 

Purchase Protection and Extended Warranty

  • Free Purchase Protection covers all defective, stolen or accidentally damaged, made using the Visa Executive Card by repairing, replacing or reimbursing you for these items
  • In case of a mechanical breakdown, Extended Warranty doubles the free repair period of an item bought for personal use, under the manufacturer's warranty until up to one additional year
  • For additional details visit www.cardholderbenefitsonline.com

 

Repayment Channels

  • Flexible and free of charge at any Cedrus Bank ATM (that accepts cash deposits)
  • Repayments can also take place at OMT Branches, in 900+ locations (fees apply)

 

Concierge Services

 

The specialized Concierge Services offered with the Visa Executive Credit card, grant you free of charge personal assistance, around the clock, anywhere in the world. The services and requests covered are:

  • Business services
  • Travel arrangements
  • Emergency assistance
  • Personal services (shopping, events, cars, etc.)
  • Hotel reservations and transfers

From Lebanon, cardholders can call 01 426 801 then enter (800 657 1363)

When abroad, get in touch on +971 4 436 7222 / +1 773 360 5320

 

 

Visa Card Luxury Hotel collection

The Visa Luxury Hotel Collection is a hand-picked selection of over 900 hotels around the world, offering premium Visa cardholders seven exclusive benefits. Book your hotel stay via www.visaluxuryhotelcollection.com to benefit from the below offers:

  • Best available rate guaranteed
  • Automatic room upgrade upon arrival
  • Complimentary in-room Wi-Fi
  • Complimentary Continental breakfast
  • Food / beverage credit = USD25
  • VIP guest status
  • Late check-out, upon request

 

Global Customer Assistance Service (GCAS)

  • GCAS provides Visa Platinum cardholders with access to personal support and world-class customer service when they are travelling
  • GCAS support is available anywhere in the world, serving clients in the case of:
    • Lost or stolen card
    • Emergency card replacement
    • Emergency cash, up to USD5,000
    • Emergency payment authorization

 

 

Which Card Suits Your Needs

We have made it simple for you to choose your ideal card. We offer a range of cards to suit your needs.