Understanding the ACB Black Card: Documentation and Application Guide

Curious about the ACB Black Card and why it's in high demand? Explore the features and learn how to apply for this prestigious card in the article below!

What is the ACB Black Card?

The ACB Black Card is a credit or debit card issued by ACB Commercial Joint Stock Bank exclusively for VIP customers with high income and substantial spending needs.

In order to possess the powerful ACB Black Card, customers must meet the strict requirements of the bank. Despite the stringent issuance conditions, it comes with attractive benefits and diverse utilities, allowing users to experience a luxurious and convenient lifestyle anytime, anywhere.

Convenience:

- The ACB Black Card allows users to spend first and pay later, interest-free for up to 55 days.

- The minimum monthly payment is 5%.

- Flexible cash withdrawals at ATMs worldwide.

- Link your ACB Visa card to your phone or Samsung phone via Google Wallet to make contactless payments directly on POS machines at stores, or make quick, secure, and convenient online payments.

- Make payments with just one touch thanks to the highly secure and fast Contactless chip technology.

- Easily manage card transactions and experience convenient services on the ACB ONE app, Contact Center 24/7.

- Customers can easily set up automatic payments to ACB Bank by registering for automatic deductions from their personal accounts at ACB or through the 24/7 Customer Service Center, without having to make payments at the bank.

The ACB Black Card offers numerous benefits and conveniences

Savings:

- Enjoy spending and shopping perks tailored to each season.

- Earn interest on a 12-month term based on ACB Bank's interest rates, depending on the amount in your ACB Black Card account at any given time.

Safety:

- High security with 3D Secure technology ensuring card safety through online transaction authentication via OTP password.

Owning the prestigious ACB Black Card comes with enticing privileges such as:

- ACB Black Cardholders receive complimentary insurance coverage including Lost Wallet Insurance, Card Transaction Insurance, Flight Delay Insurance (compensation up to 2.1 million VND/6 hours delayed flight with a maximum compensation value of 21 million VND), and Global Travel Insurance (compensation up to 10.5 million VND).

- Customers enjoy free assistance anytime via hotline for sports and entertainment venues such as health clubs, golf courses, shopping centers, restaurants, hotels, hospitals, etc.

- Customers receive free assistance prior to trips on matters such as Visa, customs, and destination information including time zones, weather, languages, providing a convenient and comfortable travel or business experience abroad.

- Complimentary access to business class lounges at domestic and international airports affiliated with ACB Bank.

Experience luxury with the ACB Black Card

- For corporate clients, ACB offers special services such as meeting room rental, interpreter services, fax machines, etc.

- Enjoy premium gifts on special occasions such as holidays, important festivals like gifts, flowers, etc.

- Get up to 10% cashback at all supermarkets and convenience stores such as Co-opmart, Winmart, Lotte, BigC, Aeon Mall, Circle K, etc.

- Get 0.5% cashback on all other expenses up to 300,000 VND/transaction notification.

- Convert large expenses into small monthly installments effortlessly with 0% Installment Plan at over 150 partner merchants in various fields.

- Modern features such as QR code cash withdrawals, international money transfers without using ACB Bank's SWIFT Code, etc.

To apply for an ACB Black Card, customers need to meet the following conditions:

- All Vietnamese individuals aged 18 and above, with full legal capacity, civil act capacity, and holding a valid ACB Visa Platinum international credit card issued by ACB.

- Foreign nationals living and working in Vietnam must have a residence certificate valid for at least 12 months and the remaining residence period must be at least 90 days from the date of card issuance application.

- Provide complete personal documents such as ID/CCCD or Passport, Household Registration Book or Temporary Residence Registration Book (Temporary Residence Registration Book).

- Have no bad debts with banks, not being prosecuted for legal responsibilities.

- Demonstrate a minimum income of 10 million VND per month.

Once eligible to open an ACB Black Card, customers can prepare the required documents as requested by ACB Bank, such as:

- Credit card issuance request form (according to the template provided by ACB Bank)

- Copy of ID/CCCD/Passport (with original for comparison).

- Copy of Household Registration Book/residence certificate with validity (with original for comparison).

- Income proof documents or related payment assurance documents such as: Income Confirmation Letter/Employment Contract, Staffing Decision, Salary Confirmation Letter or Employment Contract, Latest 3-month Salary Statement or copy of Salary Receipt.

Note: Conditions and procedures may vary depending on the bank's policies and the current situation. You should contact the ACB hotline for detailed instructions.

Currently, ACB Bank offers two ways to apply for an ACB Black Card: applying directly at ACB Bank branches or applying online through the website.

Directly Applying for a Black Card at the Bank

Below is the guide to the steps for applying for an ACB Black Card at the counter:

Step 1: After preparing all necessary documents and paperwork, customers visit the nearest ACB branch/transaction office, take a queue number, and then wait in line for their turn.

Step 2: Clearly state your request to open a black card with the bank representative, they will provide you with a credit card issuance application form. You fill in the personal and relevant financial information accurately.

Step 3: Submit the credit card issuance contract and necessary documents to the bank representative.

Your documents will be kept and reviewed to determine if you meet the requirements to open the card. If your documents are approved, you will receive notification from the bank and wait for the Black Card to be issued.

The processing and issuance time for the card may take from a few days to a few weeks depending on the application process and information verification. The card, once issued, will be sent to the address you provide or you can pick it up directly at the bank.

Step 4: Upon receiving the powerful black card, you can activate and start using the card as instructed by the bank.

Opening the ACB black card online is advised by the bank's representatives

Step 1: Access the website to register for opening a credit card on the ACB bank's website.

Step 2: Fill in the form with details including: Title, Full name, Identification document, ID/CCCD/Passport number, Mobile phone number, Email address.

Customers fill in the information completely and ensure accuracy.

After completion, click Submit to send.

Step 3: Upon receiving the card opening request from the customer, ACB bank staff will contact you via the registered phone number. The advisor will directly guide you to complete the necessary procedures and documents to open the ACB black card.

Step 4: Wait for card delivery

After completing the procedures, you just need to wait a few days to receive the ACB black card at the provided address.

This online card opening method allows you to own an ACB black card quickly and conveniently without needing to visit a bank counter.

The fees for the black ACB card are as follows: Card opening fee: 199,000 VND per card, Annual fee: 399,000 VND per card per year, PIN reissuance fee: 50,000 VND per card per time, Card replacement fee: 100,000 VND per card, Email transaction statement sending fee: Free, Copy of transaction statement fee: 50,000 VND per statement, SMS Banking service fee: 5,500 VND per month, Transaction processing fee (not applicable for VND transactions): 1.9% of the converted transaction amount, Exchange rate difference fee (not applicable for VND transactions): 1% of the converted transaction amount, Foreign agent transaction processing fee (applicable for VND transactions): 1.2% of the transaction amount, minimum 2,200 VND, Cash withdrawal fee at ACB ATMs: 1,100 VND per transaction, Cash withdrawal fee at non-ACB ATMs: Within the country: Free, Outside the country: 3% of the transaction amount, minimum 60,000 VND, Account balance inquiry fee at ACB ATMs: Free without receipt, 550 VND per inquiry with receipt, Account balance inquiry fee at non-ACB ATMs: Free, Transfer fee at ACB ATMs: Free, Cash withdrawal fee at ACB counters: Below 30 million: Free, 30 million and above: Free for cash and 0.03% transaction fee, Cash withdrawal fee at non-ACB counters: Cash withdrawal fee: 3% of the transaction amount, minimum 60,000 VND, Additional fee: As per NH bank regulations, Transaction dispute resolution fee: 100,000 VND per complaint, Other service fee: 100,000 VND per instance.Transaction limits for different types: Payment: Max 500,000,000 VND per transaction, Max 500,000,000 VND per day. E-commerce: Max 100,000,000 VND per transaction, Max 100,000,000 VND per day. Domestic cash withdrawal: Max 40,000,000 VND per transaction, Max 40,000,000 VND per day. Overseas cash withdrawal: Max 30,000,000 VND per transaction, Max 30,000,000 VND per day. ACB ATM cash withdrawal: Max 10,000,000 VND per transaction, Max 40,000,000 VND per day. Non-ACB ATM cash withdrawal: As per ATM host bank regulations. Within country: Max 40,000,000 VND. Outside country: Max 30,000,000 VND.

Note: Total maximum transactions should not exceed 30 times and the maximum cash withdrawal limit should not exceed 50% of the credit limit.

Conclusion: This article answers user queries about the ACB black card: What is it? Registration conditions and instructions for opening the black card directly at the bank or online. Hopefully, this information will assist you before acquiring this prestigious ACB black card.