AB Plus MasterCard Credit

AB Plus MasterCard Credit by Piraeus Bank for AB Plus loyalty cardholders. Earn points by paying with your AB Plus MasterCard Credit for all your purchases and double points for shopping at AB Vassilopoulos. For every 200 points collected, you automatically win a €6 AB Plus discount voucher redeemable at AB.
ANNUAL FEE
Free

for the first year
MINIMUM MONTHLY
PAYMENT
2%
of
the outstanding balance

ANNUAL INTEREST RATE
for purchases
15.95%

for balance transfer
9.00%

KEY ADVANTAGES
  • Reward programme
  • Free Insurance coverage

How you benefit

AB Plus MasterCard Credit was created in cooperation with AB Vassilopoulos supermarkets and offers a reward programme, linked to the AB Plus loyalty programme.

Use your AB Plus MasterCard Credit by Piraeus Bank to earn extra AB Plus points. Earn points by paying for all your purchases at any merchant accepting MasterCard in Greece or abroad and double points* for shopping at AB Vassilopoulos using it along with you AB Plus loyalty card.

Every time you use your AB Plus MasterCard Credit you earn:

  • 1 AB Plus point for every €3 you spend at AB supermarkets
  • 1 AB Plus point for every €10 you spend at any purchases
  • 100 AB Plus welcome points with your first purchase

The points you collect when you use your AB Plus MasterCard Credit are added to the points already collected through your AB Plus loyalty card.

For every 200 points collected, you win a €6 AB Plus discount voucher.

You can receive and redeem your discount voucher at all AB Vassilopoulos cashiers, in line with the terms and conditions of the AB Plus loyalty programme.

* Double points are not applicable for products under points offers or other points promotional campaigns.



A simple example!

When you spend €180 at AB Vassilopoulos and another €100 at any other purchase using your AB Plus MasterCard Credit by Piraeus Bank, you collect:

Purchase amount AB Plus Loyalty Card
AB Plus MasterCard Credit
by Piraeus Bank

Total
€180 at AB Vassilopoulos
 
60 points
 
60 points
 

130 points  

€100 at any purchase
 
   -

 
10 points

 

This way you collect 130 AB Plus points instead of 60 points you would have collected using only your AB Plus loyalty card.

So use your AB Plus MasterCard Credit for all your purchases to win €6 AB Plus discount vouchers faster.

Features

AB Plus Barcode

Use your AB Plus MasterCard Credit to collect your AB Plus points, since the barcode of your AB Plus loyalty card is printed on the back side of your credit card!
Before paying with your AB Plus MasterCard Credit and collecting the points corresponding to your payment, the cashier scans the barcode at the back of your credit card so that you can also collect your AB Plus loyalty points. Use one card and earn double points!



Free insurance coverage

Piraeus AB Plus MasterCard Credit offers you free insurance coverage:



Chip & PIN and Contactless

Your AB Plus MasterCard Credit incorporates Chip & PIN and Contactless technology. Use it for secure easier and faster transactions without leaving the card off your hand at all points of sale displaying the relevant             logo.



How does contactless technology work

  • The merchant enters the payment amount, which then appears on the POS screen displaying the relevant 
               logo. You simply hold your card near the device
  • If the amount is less than €25, you do not have to enter your PIN
  • In a few seconds you will hear a sound and the approval indication will appear on the device screen
  • Your transaction has been completed

You can still use your card as you used to. Simply insert the card in the POS and enter your PIN.



Annual fee

There is no annual fee for the first year and for as long as you use your card for purchases over €2,000 a year. Otherwise, from the second year on, the annual fee for the main card is €15. There is no annual fee for additional cards.



Minimum monthly payment

The minimum amount you must pay each month is 2% of your card’s outstanding balance.



Interest Rate

  • The annual interest rate for purchases is 15.95% + 0.60% (levy of Law 128/1975)
  • The annual interest rate for cash withdrawals is 19.15% + 0.60% (levy of Law 128/1975)
  • The annual interest rate for balance transfer from other cards is 9.00% + 0.60% (levy of Law 128/1975). It applies to the amount transferred until it is paid in full

Click here to see the overall APR example for the AB Plus MasterCard Credit by Piraeus Bank



Cash advance

Temporarily not offered.


Transfer your balance

You can transfer the balance of any other credit card issued by a Greek bank, other than Piraeus Bank Cards.



Interest-free instalments

Selected merchants throughout Greece offer special interest-free instalment plans.



e-statements service

No need to flick through your statement any more. View it onlineand protect the environment.

Sign up for e-statements service to:

  • Get secure access to your credit card statements
  • View your monthly statements for the last 2 years
  • Save, file and print out your statements
  • Be informed about special shopping deals
Learn more about the e-statement service


*The product is provided under the current restrictions on capital transfers.