I&M Bank Visa Infinite Credit Card Product Details

Rates available from as of 1st April 2021
Money254 strives to provide relevant and accurate product information, which Money254 obtains directly from each institution’s tariff guide. If you believe a product’s details are incorrect, please report the product to Money254.
I&M Bank Limited
Visa Infinite Credit Card
Credit Limit
Set during application
Annual Fee
$75 (+Ksh5k joining fee)
Interest Rate
1.50% per month
Interest Free Days
50 days
Min net income of Ksh300k to apply
visit website

Payment Network

Visa

Card Fees

  • Joining fee: Ksh5000
  • Annual Fee: $75

Card features:

  • Minimum Net Income: Ksh300K
  • Card Limit: Set during application

Benefits:

  • Concierge services
  • Access to 800+ Airport lounges
  • Up to $1m in emergency medical expenses cover
  • Attractive reward points earned when card is used. 1 point = 1 KES that can be redeemed to pay for outstanding balances or supermarket vouchers at Sarit Center, Carrefour, Naivas
  • 10% discount on RRP/ Display Price for items that are not on offer and a 5% discount on RRP/ Display for the items that are already on offer at Armco Kenya
  • 10% discount when you use your I&M Bank credit Card to settle for goods and services from all Optica stores, Kenya
  • Get ksh300 off your bill the first time you shop at Sky Garden and pay using your I&M Bank credit card.

Repayment Details

  • Monthly Interest: 3.5%
  • Interest free period: 50 days
  • Minimum Repayment amount: 10%

Additional Fees

  • Cash advance Fees: 7.5%
  • Late Payment Fees: 6%
  • Over the limit Fees: ksh1500
  • Supplementary Card Fee: ksh5000
  • Card Replacement Fees: ksh1000

Documents Required

  • National ID and 2 Copies
  • 3 recent Passport photos
  • 3 Months Bank statement
  • Latest Payslip
  • KRA Pin
  • T&C Link

Money254 Review

Pros:

  • 50 interest free days
  • New card (after old card expires) is free
  • Relatively low monthly interest of 1.5%

Cons:

  • Joining fee of Ksh5000 required
  • Card replacement (after loss of old card) charged Ksh1000

Use Money254's free search to view the best Credit Cards available in Kenya today

We have aggregated all of the Credit Cards from Kenya's top financial institutions.
See all Credit Cards

What is Money254?

Money254 is a new platform focused on helping you make more out of the money you have. We’ve created a simple, fast and secure way to find and compare financial products that best match your needs. All of the information shown is from products available at established financial institutions that our team of experts have tirelessly collected.  


We’ve just launched but will be adding more product categories and tools over the coming months.

Sign-up to our newsletter and social channels to stay up-to-date!
Learn more about Money254

Stay up to date with your money - sign up for our newsletter today.

Get updates from the Money254 team on financial news and new Money 254 features.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.