Fees and interest

What is the annual fee for ICS business cards?

The annual card fee for the Mastercard Business is € 43 and for the Mastercard Corporate € 48. The annual card fee for the Visa World Card Business is € 45. For the Visa World Card Business Gold, it is € 154.

What does the annual fee cover?

The annual fee is the amount you pay each year for your credit card, allowing you to use the card’s payment options and features.

What does it cost to use my credit card abroad?

ICS applies a 2.5% exchange rate surcharge on payments and cash withdrawals made abroad.

What exchange rate does ICS use for payments in foreign currency?

For payments and cash withdrawals in foreign currency, we use the exchange rates provided by Visa and Mastercard. This rate changes daily. You can easily calculate the exchange rate for a transaction using our Exchange Rate Calculator.

Have you made a payment or withdrawn cash in a foreign currency using your credit card?
With the Exchange Rate Calculator, you can calculate the exchange rate for a date of your choice. The calculation is based on the rate set by Visa and MasterCard for that specific day and the exchange rate surcharge that ICS applies to it. The amount of the exchange rate surcharge depends on your card type. You can see what type of card you have on your credit card. In addition, the Exchange Rate Calculator also shows the exchange rate of the European Central Bank (ECB) on the selected date. This allows you to see the percentage difference between the exchange rate used by ICS and the ECB’s exchange rate.

Please note: The information displayed in the Exchange Rate Calculator is for illustrative purposes only. Minor differences may arise between the amount shown and the amount charged to your account. You cannot derive any rights from this information.

What are the fees for withdrawing cash?

If you have a positive card balance, the cash withdrawal fee is 1% with a maximum of € 1.50 if the withdrawal can be made entirely from the positive balance. Otherwise, the fee for withdrawing cash at an ATM or teller window is 4% of the amount withdrawn, with a minimum of € 4.50.

What is the interest rate on a positive balance?

The interest rate on a positive balance is 0%*.
*Interest rates are subject to change.

What fees are charged for late or incomplete payments to ICS?

In the event of late or incomplete payment, interest is calculated on a daily basis (10% annual interest rate) plus an administrative fee of € 5 per month. See also Article 14 of the Terms and Conditions