MKB Bank magyar

Miles & More credit cards

Programme

Would you like to be a member of one of the most popular frequent flyer programmes in Europe and to collect miles even without travelling? You get further with Miles & More MKB Credit Cards!

Fly to distant lands, spend the weekend in a pleasant guest house in the provinces or make your main purchases free of interest! You can do so with any credit card. However, by paying with the Miles & More MKB Credit Cards, every time you shop, you also earn Miles & More award miles that can be spent on flight, travel and over 1,000 merchandise awards from the Lufthansa WorldShop Catalogue.

  • MKB Bank does not charge you for your purchases in Hungary and abroad,
  • get a Welcome Bonus of 3,000 1 in case of a Standard and 8,000 1 award miles in case of a Gold card after your first purchase transaction,
  • earn Miles & More award miles with every purchase. 2

With the following example, we would like to illustrate how you can earn valuable miles by paying with your Miles & More Credit Card:

Welcome Bonus at the time of your first purchase: 8,000   miles3
Lufthansa airticket
(Budapest - London Heathrow, on Business class):
8,714   miles
Car rental: 321   miles
Hotel: 285   miles
Monthly shopping: 160   miles
Total: 17,480   miles

Only 15,000 miles is all you need for a European FlySmart award ticket. 4

1 The Welcome Bonus is credited once per cardholder on the Miles & More account of the main cardholder.
2 1 EUR or its equivalent in HUF = 1 Miles & More award mile. The EUR/HUF exchange rate applied for the Miles & More credit card programme is set in the effective List of Terms and Conditions.
3 For a Miles & More MasterCard Gold Credit Card
4 Certain conditions do apply, for information please click here.
Collection of miles
Miles & More members may collect two types of miles.
  • Status miles: status miles are essential for achieving Frequent Traveller and Senator status; you will receive these on scheduled flights with numerous Miles & More airline partners.
  • Award miles: Miles earned through the use and issue of the Miles & More Credits Cards issued by MKB, which may be redeemed in the frequent flyer programme of Miles & More, but do not alter the status level of the Miles & More membership. A record of the award miles is kept on the Miles & More account according to the terms and conditions defined by the Miles & More programme. Members do not earn any miles for a cash withdrawal transactions.
  • The Bank accounts for the current miles with Lufthansa monthly, which always results in whole numbers of miles. For information on the detailed terms and conditions of the collection of miles with credit cards, please refer to the Terms and conditions of the collection of miles. You may inquire about the miles collected in the frequent flyer programme, your current frequent flyer status and balance, and the use of the miles on the websites www.milesandmore.com and www.lufthansa.com.

Welcome Bonus: After the application for a card, the main cardholder will be granted award miles as a Welcome Bonus (for Standard cards 3,000 award miles, for Gold cards 8,000 award miles), which will be accredited for the main cardholder after the first purchase transaction once per customer, where the partner cardholders will increase the main cardholder’s mileage by 1,000 award miles if they apply for a Standard card and 2,000 award miles in the case of a Gold card. The miles will be settled after the first purchase made either with the main or the partner card.

Collected monthly miles: One award mile is earned for every euro spent on purchases (or a forint amount corresponding to it). The current forint-euro mile conversion value is set forth in the prevailing List of Terms and Conditions of the programme.

Your miles do not expire
No mileage expiration with Miles & More Credit Cards
  • Your award miles will not expire after 36 months, but will remain valid for an unlimited time if you meet the following conditions:
    • You are a Miles & More credit cardholder for at least 3 months, and
    • Each month you need to have minimum 1 purchase that is not returned or refunded with your Miles & More Credit Card (incl. partner card) which is eligible for miles
  • If you meet these conditions, none of your award miles will expire - it doesn't matter if you earned/will earn them with flights, purchases or specials offered by other Miles & More partners
  • Expired miles cannot be reactivated by using the Miles & More Credit Card.
  • If one of the above conditions is not met, the mileage expiration is reactivated and the miles will expire again according to the Miles & More terms & conditions. The reversion will be announced in your Miles & More account statement and will become effective as of the following quarter. Award miles that were exempted from expiration and/or would have normally expired during this time will remain valid until then. For further information please click here.
Miles & More MKB Gold Credit Card
Miles & More MKB Gold Credit Card
  • a credit limit of HUF 300,000 to 2 million;
  • a Welcome Bonus of 8,000 award miles credited after making the first purchase transaction;
  • additional 2,000 award miles as a Welcome Bonus for a supplementary card, credited after
    the first purchase transaction;
  • exclusive travel insurance free of charge;
  • Payment Protection Group Insurance without charge;
  • free electronic banking services using the latest technology (TeleBANKár, NetBANKár, MobilBANKár)
  • Terms and conditions (Available only in Hungarian)
  • APR value: from 32.99% to 38.19%
APR was specified with the current conditions and effective legal regulations considered, if the conditions are changed, APR may be amended, its value does not reflect the exchange rate risk of the loan and the interest risk of the loan. APR was calculated pursuant to the content of the Government Decree.
Miles & More MKB Standard Credit Card
Miles & More MKB Standard Credit Card
  • a credit limit of HUF 200,000 to 1 million;
  • a Welcome Bonus of 3,000 award miles credited after making the first purchase transaction;
  • additional 1,000 award miles as a Welcome Bonus for a supplementary card, credited after
    the first purchase transaction;
  • exclusive travel insurance free of charge;
  • Payment Protection Group Insurance without charge;
  • free electronic banking services using the latest technology (TeleBANKár, NetBANKár, MobilBANKár)
  • Terms and conditions (Available only in Hungarian)
  • APR value: from 34.92% to 37.52%
APR was specified with the current conditions and effective legal regulations considered, if the conditions are changed, APR may be amended, its value does not reflect the exchange rate risk of the loan and the interest risk of the loan. APR was calculated pursuant to the content of the Government Decree.
Conditions of applying for a credit card
valid personal identification document, which
in case of natural persons with Hungarian citizenship
  • personal identification card and official certificate verifying home address (if the personal identification card does not contain the valid registered home address)
  • or a new type of driver’s licence card issued in 2001 at the earliest and official certificate verifying home address
  • or passport and official certificate verifying home address
in case of non-Hungarian citizen natural persons
  • all recognized ID documents of EU citizens
  • or a photo ID (passport, personal identification card entitling to residence in Hungary or valid residence permit) and specifying the place of stay in Hungary

in case of non-Hungarian citizen natural persons, the document available to verify the place of stay in Hungary

tax card

in case of employment in probationary period, certificate of operation issued by the previous employer

bank account statements for the last three months of accounts kept with another bank, in case of entrepreneurs bank account statements of 3 months for private and corporate accounts or at least three different types of public utility invoices for the last three months to the name of the Applicant(s) or the Unconditional payment guarantor (e.g. water, gas, heating, electricity, land line phone, or mobile phone with a subscription) and a receipt or invoice verifying the full payment of these (including the settlement of any arrears due)

For verifying the applicant’s income situation:
  • in the case of income from employment the employer’s certificate not older than 1 month in the format specified by the Bank and the bank account statements for the last 3 months showing the crediting of the wages
  • in the case of pensioners, the copy of the pensioner’s certificate and the bank account statements for the last 3 months showing the credits, and in the case of other than payment transfer to bank account, the pension coupons for the last 3 months,
  • in the case of private entrepreneurs, shareholders in businesses, and their next of kin as well as in certain cases specified by the Bank (for instance, if the wages are not credited to a bank account) the previous year’s personal income tax return, and the income statement issued by APEH,
  • in the case of private entrepreneurs, customers paying tax under EVA, or EKHO and customers holding a majority share in businesses, an APEH certificate not older than 30 days verifying that the given business has no public debts
Card application
Interest free credit card spending

You may avoid paying credit interest on purchases for up to 45 days while in the case of cash withdrawal, credit interest will be immediately charged from the date of the transaction.

Interest free spending is available with the following conditions:
  • Only for purchase type transactions,
  • No interest free period is granted for cash withdrawals,
  • Settle the entire outstanding balance (including interest, fees and charges) at the month-end statement date within the grace period (15 days after the statement date) presuming that there is no debt outstanding from the previous statement period
  • Amount of repayment: If you pay only a part of the outstanding credit balance due at the month end statement date within the grace period, the Bank calculates credit interest for the installment amount from the day the transactions have been made, both for purchase and cash withdrawal transactions.
  • Interest free days: If you settle the entire outstanding balance within the grace period, the number of interest free days will depend on the date of the given purchase and the payment date credit balance is cleared in full.

Example for the interest free purchases:
Let us assume, for instance, that you buy birthday gifts in the value of HUF 15,000 with your credit card on 1 June then you pay your extra costs associated with a wellness weekend in the value of HUF 55,000 with your credit card on 15 June.
You will be notified in an account statement at the beginning of July that you used a credit limit of HUF 70,000 in June. If you pay all your debts by 15 July (end of the interest-free grace period in July), we will not charge any credit interest, thus you may use the money of the Bank for 45 days regarding the HUF 15,000 and for 30 days regarding the HUF 55,000 free of charge.

Associated electronic services
  • TeleBANKár: Our customer service, which may be called at preferential rate, provides information and credit card related service 24 hours a day.
  • MobilBANKár: You are notified free of charge in SMS messages of your credit card spending, the credit limit used at the statement date, the amount of the minimum repayment obligation and the deadline for payment due.
  • NetBANKár: You may monitor your spending, the due minimum instalment and the available credit amount through our secure Internet banking service.
Terms and conditions of the collection of miles

Download our brochure in pdf format.

Do you have a question?

You will find all the answers, if you click on the Frequently Asked Questions.

Code of Conduct

MKB Bank joined the Code of Conduct providing guidelines for financial organisations in retail lending by giving its signature. By joining it MKB undertook to accept and apply the content of the Code of Contact as binding for itself. For further information, please visit www.mkb.hu or www.pszaf.hu/fogyasztoknak.

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