Terms and benefits of civil servant accounts

Civil servants depositing their salaries at Bank Mercantile are eligible for terms and benefits in current accounts and account management benefits

• Teller-executed transactions: 50% discount.
• Direct channel transactions: 100% discount.
• Minimum fee (teller / direct channel): 100% discount.
• Four free checkbooks a year.
• Credit cards and services

Credit cards and services

Exemption from credit card fees excluding the following cards: Extra Family, Extra Home, Fly Card, Visa Infinity, and cards attached to the High Miles Club.

Securities

Fee for buying or selling Israeli securities on the Tel Aviv Stock Exchange: 0.2%, subject to minimum fee.

Direct channel transactions

Mercantile Personal: free text messages about your account.

Bridge loans

On attractive terms for clients depositing salaries.

Notes
* Qualifying terms for group membership:

* To join a group and receive the attendant benefits, clients must present documents verifying their eligibility as required by the bank.
* To join the group, clients must deposit salaries through Masav with the bank. Should a client stop depositing the salary, the bank has the option of removing the client from the group in accordance with the terms on the sign-up form.
* All terms and benefits regarding bank fees are relative to the bank’s fee schedule.
* The benefits are valid for a period of 1 year after opening the account.
* Lines of credit are contingent on the branch manager’s approval and subject to suitable client guarantees.
* Failure to repay the loan is liable to incur interest on arrears and trigger a lien filing process.