Banistmo´s MasterCard Credit Cards

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We offer a wide range of Visa and MasterCard credit cards, designed for every specific need and accepted at more than 25 million establishments in both Panama and the rest of the world.


Benefits

  • Cards are immediately replaced should they be lost or stolen anywhere in the world.
  • Additional cards pertaining to the same credit card account can be issued to family members so that they too can enjoy the security and convenience of a Banistmo MasterCard.
  • Monthly spending limit for each additional card is subject to the total limit set for the account holder. The amount available in the cardholder´s account shall restrict the spending limit for each additional card between the 1st and 30th of each month.
  • Life insurance for clients up to 75 years of age covering the total balance owing.
  • Cardholders also receive travel insurance, free of charge, when purchasing airline tickets with any of our MasterCards.

Requirements:

  • A monthly income of $400.00 for those living in Panama City, Colón and the rest of the country.
  • Private sector employees shall have held their current jobs for a period of six months which is extended to 12 months in the case of Government employees.
  • Letter of employment or pay stub must show the incumbent´s wage or salary.
  • Photocopy of ID document and latest proof of payment of social security contributions.
  • Copy of a utility bill.
  • Two personal references.
  • A signed application form and credit card contract.

Foreign residents:

  • Must have lived for two years in Panama. If not, the applicant must provide a deposit to guarantee his or her spending limit.

Self-Employed:

  • A monthly income of $800.00 for those living in Panama City, Colón and the rest of the country.
  • Last two tax returns as well as the corresponding tax payment receipts.

Guaranteed Credit Card Accounts:

  • Retained savings account funds or a fixed-term deposit for 120% of the line of credit requested.
  • A signed application form and credit card contract.

¿How can I obtain a credit card?

Send us your personal information by clicking on the "Apply Now" link (button) that appears alongside the product in question or ring our Help Line: (507) 321 4722.

For more information, visit your nearest branch office.


FAQs

 

¿How can I apply for a MasterCard?

Just visit any of our branch offices where our advisory staff are on hand to help you with your application; or call the Banistmo Help Line for all the information you need.

 

¿How can I report the theft or loss of my card?
MasterCard Classic

In Panama: (507) 306 4700
In the US and Canada: 1 800 307 7309
In any other country, please call collect: 001 636 722 7111