Credit Card Balance Protection Program

Protect the ones you love!
The Credit Card Balance Protection Program will cover the outstanding balance of your credit card, in the event of death of the principal cardholder.* The program is designed to protect your family against the burden of outstanding debt and pay off the card, when you can’t!

Apply for the Credit Card Balance Protection Program when you apply for a credit card. If you don't have a credit card, you can now apply for a credit card.

Benefits

  • Protect your loved ones
  • Cover outstanding balance
  • Premium calculated on monthly balance

We understand that it is important to protect your family against the burden of outstanding credit card balance, in case the unexpected happens. Our new Credit Card Balance Protection Program was created with your loved ones in mind.

For just a small premium a day, you can be assured that: 

  • Your family will not be burdened with credit card debt in the event of your passing away.
  • Your entire outstanding credit card balance will be paid up to a maximum of US$25,000.-


How much does our Credit Card Balance Protection Program cost?
Our Credit Card Balance Protection Fee costs just US$0.30 cents per US$100.­- dollars of your credit card balance.

How is our Credit Card Balance Protection Program Fee calculated?

The calculation is made based on your outstanding balance when your statement is produced. For example, if your balance is $1,000 the Balance Protection Fee is just $3 that month or about $0.10 a day. You are only charged when you have an outstanding balance on your statement. The fee will be added to your Visa or MasterCard credit card account.

The Credit Card Balance Protection Program is applicable for the following Aruba Bank retail credit cards: 

  • VISA Classic
  • MasterCard Standard
  • VISA Gold
  • MasterCard Gold
  • VISA Platinum

Download the Terms and Conditions
Please call us at (+297) 527­-7788 during business hours if you have any questions Aruba Bank Online®  about the Credit Card Balance Protection Program.

Useful Tips

Make an appointment or request a call back, if you prefer we can contact you at your convenience.

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Do you have questions?

Contact our Call Center during office hours at (297)527 7700.

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