Leave your cash at home. Timo Mastercard® is accepted worldwide.
INTEREST FREE SPENDING
Enjoy the 1st 45 days of spending, interest free.
ANNUAL FEE WAIVED
1st year annual fee waived when 3 transactions of 300,000 VND each are made within 30 days of card issuance
Find out more about Timo Mastercard’s fee schedule here
Any transaction over 3,000,000 VND can be quickly converted to installments for 3, 6 or 12 months at a low 1% interest rate payable monthly
Find out more about Timo Mastercard’s Installment here
DISCOUNTS, DEALS AND MORE
CRITERIA FOR APPLICATION
Age: 22 – 59 years old
Timo account holders
Vietnamese Nationals & Expatriates legally working and living in Vietnam
Valid Passport + Valid Visa in Vietnam
Residential documents in Vietnam, provide ONE of the below:
Work permit OR Original confirmation of employment letter OR Residence card in Vietnam
For detailed document requirements check our FAQ section
3 WAYS TO APPLY
Maintain an average balance in your Timo Spend Account for at least 3 months.
You can qualify if you maintain at least 2 million average balance over 3 months.
LOCK A TERM DEPOSIT
Lock a Term Deposit for a minimum term and qualify instantly.
You can qualify if you already have ONE Term deposit of at least 20 million VND with a term of at least 6 months AND has been maturing for at least 3 months.
Or you can open ONE Term Deposit with at least 20 million VND with a term of at least 6 months or more at the time you apply for your MasterCard. We will lock this Term Deposit until maturity
1-FOR 1 CREDIT CARD
Existing Credit cards with other banks
You can also qualify if you already have 1 – 3 credit card(s) in use with a credit limit of at least 50 million VND from any of the following banks: HSBC – ANZ – Citibank – Standard Chartered bank – Techcombank – Vietcombank – ACB – Sacombank – BIDV – Vietinbank.
We will require the following documentation for your application: Official stamped statement of last 3 months of the qualified credit card from your other bank.
EASY IN APP APPLICATION
At the home screen choose Wealth at the bottom navigation
Select Apply for a Timo Master Card
Read and agree to the Terms and Conditions
Register your interest
FREQUENTLY ASKED QUESTIONS
FOR CREDIT CARD
Why don’t I have to enter an OTP when I disable e-commerce payments?
Temporarily disabling e-commerce payments is only making your card more secured by reducing the chances that your card details will be abused. Hence, we would like to help you get it done as quickly as possible.
https://timo.vn/wp-content/uploads/2018/03/header-logo.png00oanh nguyenhttps://timo.vn/wp-content/uploads/2018/03/header-logo.pngoanh nguyen2019-05-28 14:36:422019-05-28 14:36:42Why don't I have to enter an OTP when I disable e-commerce payments?
Can I enable e-commerce payments after disabling it?
This feature is used to disable your Timo Mastercard credit card from being used for online payments. If you disable E-commerce payments, you will not be able to use your card for online payments on any platform. However, you can still use for card at ATMs and for POS swipes.
https://timo.vn/wp-content/uploads/2018/03/header-logo.png00oanh nguyenhttps://timo.vn/wp-content/uploads/2018/03/header-logo.pngoanh nguyen2019-05-28 14:31:452019-05-28 14:31:45What does the “Disable e-commerce payment" feature do?
To investigate a transaction, please bring your Valid ID/ Passport and Valid Visa (for Foreigners only) to the nearest Timo Hangout for further support. Once your request is registered, it can take up to 45 working days for it to be processed.
https://timo.vn/wp-content/uploads/2018/03/header-logo.png00oanh nguyenhttps://timo.vn/wp-content/uploads/2018/03/header-logo.pngoanh nguyen2018-11-06 16:55:022018-11-06 17:14:12How do I investigate a transaction?
You can get a higher credit limit by maintaining the average balance in your Spend Account & Goal Save for 3 months. The higher the average balance, the higher the credit card limit. For instance, your credit limit is 10 million Vietnam Dong and you want to get a higher limit of 20 million Vietnam Dong in May, you would have to maintain an average balance of 4 millions Vietnam dong in your Spend Account on February, March and April. Your credit limit will be 5 times greater than your average balance if your balance is below 15 million Vietnam Dong, and 3 times greater than your average balance if your balance is above 15 million Vietnam Dong.
https://timo.vn/wp-content/uploads/2018/03/header-logo.png00oanh nguyenhttps://timo.vn/wp-content/uploads/2018/03/header-logo.pngoanh nguyen2018-11-06 16:46:222018-11-06 16:46:22How do I apply for a higher credit limit?