Enjoy wide range of benefits and offers with your Seylan Accelerate Debit Card!
Benefits
• Hassle free cash withdrawal locally from any ATM and from VISA accepted ATMs internationally
• Pay to the point by Swiping / tapping your Card
• E commerce transactions made with ease.
• Enjoy a range of promotions exclusively for Accelerate Debit Card holders.
Eligibility
• Any customer who maintains an Accelerate Savings Account.
Daily Withdrawal Limit
| POS(LKR) | AMOUNT(LKR) |
|---|---|
| 1,000,000.00 | 200,000.00 |
Overseas spend thresholds
| Spend Type | Weekly Limit* LKR |
|---|---|
| Purchases | 1,000,000.00 |
| Cash | 200,000.00 |
* Above limits are subject to country risk evaluation, hence certain countries may have lower spend limits.
The Seylan Accelerate Saver account holders are entitled for the following benefits applicable to their salary category as indicated below.
| Name of Salary Category | Entry | Plus | Prime | Premier |
|---|---|---|---|---|
| Minimum Salary Category | Below LKR 50,000.00 | LKR 50,001 to LKR 150,000.00 | LKR 150,001 to LKR 300,000.00 | LKR 300,001 & above |
| Debit Card | ||||
| Exclusive Merchant Offers | Yes | Yes | Yes | Yes |
| Issuance/ Annual Fee (LKR) | 500.00 | 500.00 | 500.00 | 500.00 |
| Charge Refund of LKR 5 on Seylan ATM withdrawals (monthly) | Four Transactions Free | Free | Free | Free |
| Charge Refund of LKR 30 on Other Bank ATM withdrawals (monthly) | Two Transactions at LKR 15.00 (50%) |
Two Transactions Free |
Two Transactions Free |
Two Transactions Free |
Fees
| FEE TYPE | Amount LKR |
|---|---|
| Debit card annual fee | LKR 750.00 (w.e.f 7th Oct 2024) |
| Debit Card Issuance fee - Non personalized | LKR 500.00 |
| Debit Card Issuance fee - personalized | LKR 500.00 |
| Card re- issue fee | LKR 500.00 |
| Pin re issue fee | LKR 400.00 |
| Lost card replacement fee | LKR 500.00 |
| ATM withdrawal fee- Seylan ATMs | LKR 5.00 |
| ATM withdrawal fee- Seylan ATMs | LKR 60.00 |
| ATM withdrawal fee –Lanka pay ATMs | LKR 30.00 |
| ATM withdrawal fee - Foreign | LKR 1000.00 |
| Balance inquiry fee- Seylan ATMs | Free |
| Balance inquiry fee- Seylan ATMs (with printed receipt) | LKR 5 .00 |
| Balance inquiry fee- other bank ATMs | LKR 50.00 |
| Balance inquiry fee-Lanka pay ATMs | LKR 7.50 |
| Balance inquiry fee – Foreign | LKR 150.00 |
| Fuel Surcharge | 1% |
| Travel Insurance Fee (per Policy) - up to 30days | LKR 2500.00 |
| Overseas Transactions | Overseas transactions for VISA Debit Cards - All overseas transactions will be converted using VISA International exchange rates. In order to mitigate local exchange rate movements, an additional amount (minimum of 4.50%*) will be included to the rate at the time of billing |
| Overseas Transactions | Overseas transactions for MasterCard Debit Cards - All overseas transactions will be converted using the applicable Telegraphic Transfer (TT) exchange rate of the Bank at the time of billing. In order to mitigate local exchange rate movements, the final billing amount will consist of an additional amount of minimum 4.50%**, apart from the initially authorized amount. This applies to all Card transactions done at overseas merchants /service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) as well, since the settlement of such transactions from the Bank to Merchant occurs in a foreign currency.*Rates may fluctuate depending the market conditions |
Processing Fee |
In order to mitigate the risk of exchange rate variances, all Card transactions done at overseas merchants/service providers and websites registered outside of Sri Lanka but billed in Sri Lankan Rupees (LKR) in the form of Dynamic Currency Conversion or Multi-Currency Transactions will attract a Processing Fee of 3.5% on the LKR transaction value. This is applicable for any VISA Debit Card. |
