Dear Panin Credit Card Holders,
Based on Press Release No. 26/125/DKom on 20th of June 2024 by Bank Indonesia through official website (https://www.bi.go.id/id), there are an extension of validity of policy as follows :
| Fees & Charges | Interest & Fees | Current Validity Date | Date Validity Adjustment |
|---|---|---|---|
| Spending & Cash Withdrawal Interest Rates | 1,75% per month or 21% per year | Effective on 1 July 2021 | No Changes |
| Minimum Payment Limit | 5% of the total bill or min. or IDR100 thousand | Valid until 30 June 2024 | Valid until 31 December 2024 |
| Late Fees | 1% of totalbill or min. IDR50 thousand and max IDR100 thousand | Valid until 30 June 2024 | Valid until 31 December 2024 |
Panin Credit Card Fee Adjustment
We would like to inform you that effective June 2024, there will be an adjustment to Panin Credit Card fees as follows:
Fees | Card Type | Current | Adjustment |
Copy of Monthly Billing Statement | Panin Credit Card Infinite, Platinum, Gold and Corporate | IDR15.000 per monthly billing statement | IDR25.000 per monthly billing statement |
SMS Notification | None | IDR5.000 per month per card |
- Description of SMS notification fee
This is a service fee charged to Panin Credit Card Main and Additional holders for SMS notification services for transactions and/or remaining Panin Credit Card bills in the amount of IDR5,000 (Five Thousand Rupiah) per month per card.
- When is the SMS notification fee charged to Panin Credit Card holders?
SMS notification fees are charged on billing statements based on retail transactions and/or remaining Panin Credit Card bills that must be paid in the previous month.
- Illustration
Bill print date: every 15th
Bill details printed on January 15th:
Dec 17, 2023 IDR 1,000,000 (Metro Dept. Store)
Jan 4, 2024 IDR 500,000 (Sushi Tei)
Jan 8, 2024 IDR 60,000 (MCD)
Jan 13, 2024 IDR 333,333 (Installment 01/03)
Total Bill IDR 1,893,333
Details of the bill printed on February 15th:
Payment IDR 1,893,333
Feb 13, 2024 IDR 333,333 (Installment 02/03)
IDR 5.000 (SMS notification fee January 2024)
Total Bill IDR 338.333
Details of the bill printed on March 15th:
Payment IDR 338.333
Mar 13, 2024 IDR 333.333 (Installment 03/03)
IDR 5.000 (SMS notification fee February 2024)
Total Bill IDR 338.333
Details of the bill printed on April 15th:
Payment IDR 338.333
IDR 5.000 (SMS notification March 2024)
Total Bill IDR 5.000
Note: SMS notification fee on the May bill does not appear because there are no retail transactions and/or remaining bills to be paid in April.
- Applied on the following Panin Credit Cards :
- Panin Visa Gold Credit Card, Panin Visa Platinum Credit Card, Panin Visa Infinite Credit Card, Panin Visa Corporate Credit Card.
- Applied on Basic and Supplement Credit Cards.
We inform you of changes to fees, point exchange schemes and the minimum point exchange value and the minimum point exchange value for mileage which will be effective on November 1 2023:
Credit Card Panin Fees
| Fees & Charges | Panin Credit Card Type | Current | Adjustment |
|---|---|---|---|
| Biaya Penukaran Panin Point | Panin Kartu Kredit Infinite, Platinum dan Gold | Voucher : Rp10.000 Barang : Rp35.000 | Rp25.000/penukaran |
Biaya Kenaikan Limit Sementara
| Tidak ada | Rp25.000/persetujuan |
- Panin Point to KrisFlyer Mileage Exchange Scheme
| Card Type | Current Scheme | New Scheme | Mileage KrisFlyer | Min. Redeemtions |
|---|---|---|---|---|
| Infinite | 2 | 2 | 1 | 1.000 Panin Point |
| Platinum | 2 | 3 | 1 | |
| Gold | 4 | 4 | 1 |
- Panin Credit Card Fees
| Mileage | Tipe Kartu Kredit | Nilai Saat Ini | Penyesuaian Nilai |
|---|---|---|---|
| KrisFlyer | Panin Kartu kredit Infinite, Platinum dan Gold | 500 Panin Point | 1.000 Panin Point |
| GarudaMiles | 50 Panin Point | 1.000 Panin Point | |
| Citilink Linkmiles | 50 Panin Point | 1.000 Panin Point |
