I&M Bank Kenya offers a premium range of credit cards suited for different lifestyles and budgets. With no joining fee for most cards, you get up to 50 days of free credit, interest rates starting from 3.5% per month, and generous cash advance limits ranging from 30% to 60% of your total credit. Cardholders can also enjoy worldwide acceptance and a variety of unique rewards like unlimited airport lounge access, comprehensive travel insurance, and merchant discounts.

How to Apply for an I&M Bank Credit Card

Applying for an I&M Bank Credit Card is straightforward. Begin by selecting your preferred card based on your spending needs and lifestyle benefits.

Next, prepare your KYC documents, including your ID or passport and recent payslips or proof of income. Visit any I&M branch or use the online portal to submit your application and wait for approval.

Once approved, you’ll receive your new credit card, which you can activate and start using immediately. The whole process is designed to be quick, with most approvals completed within a few working days.

Advantages of I&M Bank Credit Cards

A major advantage is the zero joining fee, giving new cardholders immediate savings. Additionally, with cards like World Mastercard and Visa Infinite, free unlimited airport lounge access is a top highlight, especially for frequent travellers.

You also get up to 50 days of free credit, plus attractive reward points for every transaction. Comprehensive travel insurance adds extra value, making the cards ideal for business and holiday trips.

Worldwide acceptance ensures your I&M card is useful both locally and internationally. This is especially beneficial for online purchases and when traveling abroad.

Disadvantages of I&M Bank Credit Cards

While the benefits are significant, some cards have annual fees ranging from Kshs 3,000 to Kshs 9,000. These costs may deter occasional users.

The revolving interest rate is 3.5% per month, which can add up if balances are not paid in full. Cash advance fees can go as high as 7.5%, making cash withdrawals less attractive.

Some reward offerings and lounge access may be limited to the top-tier cards only, so checking specific card features is important before applying.

Our Verdict

I&M Bank’s credit card range is a compelling option in Kenya for those seeking global benefits, free credit periods and robust rewards. The cards cater well to both everyday users and high-end travellers. However, always review the fee structure and choose a card that fits your spending habits to maximise value.