Bank shows off with card made of gold

ISTANBUL

Sberbank’s exclusive card is made of gold and it is decorated with diamonds.

Russia’s Sberbank Kazakhstan unit plans to launch the world’s first diamond-studded credit card made of gold and mother of pearl, according to its official website.

The pure-gold Visa card is embedded with 26 diamonds weighing 0.17 carats and accented with mother of pearl.

A spokesman for the bank said the card would be produced for its top 100 customers. The price to own this exclusive credit card is $100,000, with $65,000 for the card itself and the remaining $35,000 on its balance. The customers will also be charged a fee of $2,000 per year.

Owners will be granted life and health insurance for $250,000, access to business-class lounges at 280 airports, a 24-hour concierge phone service and discounts at 800 hotels, restaurants and car rental agencies worldwide.

The golden credit card comes with a regular plastic credit card to be used for point of sale (POS) machines.