Profitable Promotions in Armenian Banks in December 2025

In December 2025, Armenian banks introduced several promotional offers for their new and existing clients. These include beneficial cards with no service fees, cashback for travel and daily expenses, bonuses for students, as well as high-yield deposits.

We have gathered all the current offers and analyzed their advantages compared to previous terms. If you are interested in other offers, on AFM you can compare bank offers, loans, deposits, and other banking products yourself and choose the most profitable one for you.

What promotions are valid in December 2025?

What to consider: Visa Digital does not offer welcome bonuses or cashback, but it compensates for this with interest on the balance. There is no physical card, but for those accustomed to digital solutions, this is more of a convenience than a limitation.

Fast Bank has taken a step towards fully digital banking: it has eliminated commissions, added a savings function and multi-currency support, making Visa Digital a modern and flexible tool for everyday finances.

1․ 50% Discount on Evocabank's Mastercard and Travel Card Service Fees

Evocabank offers clients the opportunity to obtain selected cards at a reduced price - a 50% discount applies to several cards until December 31.

This offer is available for all new cardholders. Cards can be issued at any Evocabank branch or online, depending on the card type.

What to consider:

1. The reduced price applies to the first year of service.
2. Cashback, limits, and services remain standard.

2. Special Offer for Visa Student Card

A promotion for students, valid from September 1 to December 31, 2025. The bank offers a generous 5% cashback for non-cash payments in Armenia and abroad, free cash withdrawals from any ATM up to 100,000 drams per month, and 100% cashback for the first 10 trips on public transport. A welcome bonus of 5,000 drams is provided upon account opening.

This card is specifically designed for students: it combines several benefits, from free cash withdrawals to continuous cashback. The welcome bonus makes starting to use the card even more pleasant.

What is important to know: Cashback is accrued within a set limit of up to 10,000 drams per month, and participation in the promotion is only available to students – you need to confirm your student status. Nevertheless, compared to previous student cards without bonuses, this package has become noticeably more beneficial and modern.

3. Mastercard World at 50% Off from AMIO Bank

AMIO Bank introduced its new premium Mastercard World, now available at a discounted price. Until February 28, 2026, the card can be issued with a 50% discount — for just 9,000 AMD.

The card combines Mastercard privileges with AMIO Bank bonuses, making it especially attractive for travelers and everyday spending.

Key Mastercard World benefits:

1. Free access to airport business lounges + guest access.
2. Fast Track at airports (also with guest access).
3. Concierge service — assistance with bookings, travel, and personal requests.
4. Free Internet roaming.

Additional bonus: all new AMIO Bank cardholders continue to receive 5% monthly cashback under the promotion launched on July 1.

Key things to know:

1. The discounted price applies until February 28, 2026.
2. Privileges include both Mastercard services and bank bonuses.
3. 5% cashback is available for all new AMIO Bank cardholders.

4. Free ArcaPay Transfers from Ameriabank

A promotion that allows clients to send money by phone number without a commission. From September 1 to December 31, 2025, transfers via the MyAmeria system are available free of charge between clients of the participating banks of the ArcaPay payment system, including Converse Bank, Evocabank, Ardshinbank, AMIO Bank, Byblos Bank Armenia, Artsakhbank, Armswissbank, and AraratBank.

Now it's easier to transfer money: you just need to know the recipient's phone number, without account details or additional data. This is a convenient and fast solution for everyday transfers, especially if your friends or relatives use different banks.

What is important to know: The promotion is only valid for Ameriabank clients and will last until the end of 2025. However, within its framework, the bank for the first time made interbank transfers by phone number free of charge – a step that significantly simplifies transactions and saves on commissions.

5. 5% Cashback for AMIO Bank Cardholders

A long-term promotion that started on July 1, 2025, and continues to this day. New clients who issue any bank card receive 5% cashback for online and non-cash purchases both in Armenia and abroad. The maximum return amount is up to 20,000 drams per month.

Both new and existing clients can participate if they do not yet have a card. Cashback is accrued monthly, which makes the promotion especially beneficial for those who actively use non-cash payments.

What to consider: The cashback amount is limited, and some operations, for example, transfers between cards or top-ups of electronic wallets, do not participate in the program. However, unlike the offers of other banks where cashback is only valid for certain categories, such as supermarkets or gas stations, at AMIO it is accrued for most purchases, which makes the promotion universal and simple.

Previously, cashback at AMIO Bank was only offered on premium cards, and now this advantage is available to all new clients.

6. 1% + 5% Cashback with the Amex Cashback Card from ACBA Bank at Clean House

From August 15 to December 31, 2025, holders of the Amex Cashback card from ACBA Bank receive an additional bonus when shopping at Clean House stores. On top of the standard 1% cashback, the bank adds another 5%, making a total of 6% cashback — an especially attractive offer for everyday purchases of household and personal care products.

The promotion is valid in all Clean House stores and applies to the entire assortment, with no category restrictions.

Key things to know:

1. The extra 5% cashback is added on top of the standard 1%, bringing the total to 6%.
2. The offer is valid until December 31, 2025.
3. The promotion applies only to payments made in physical Clean House stores.
4. The increased cashback is available exclusively for Amex Cashback cardholders — other ACBA Bank cards are not eligible.

7. 1% Cashback for UPI Gold and UPI Business Card Payments in China from ACBA Bank

ACBA Bank has launched an exclusive offer for holders of China UnionPay cards — UPI Gold and UPI Business. Until December 31, 2025, cardholders receive 1% cashback on any purchases made within China, including payments on major Chinese online platforms.

The offer applies both to in-store purchases and payments made on popular marketplaces such as Pinduoduo, Taobao, JD, and other platforms that support UnionPay payments.

This promotion is especially useful for those who frequently shop on Chinese e-commerce sites or travel to China for business or leisure.

Key things to know:

1. The increased cashback applies only to ACBA Bank’s UPI Gold and UPI Business cards.
2. The program includes two types of transactions:
3. • offline purchases across China,
4. • online payments on Chinese marketplaces (Taobao, JD, Pinduoduo, etc.).
5. The offer is valid until December 31, 2025.
6. Cashback is granted on all purchases processed through the UnionPay network.

Who will benefit:

1. Clients who regularly shop on Chinese marketplaces.
2. Travelers and those visiting China for business.
3. Small business owners purchasing goods directly from China.

8. Free Visa Gold AknCard for Students from Fast Bank

Fast Bank offers students the opportunity to get a Visa Gold AknCard with no annual fee. The card combines premium status with useful benefits: a 15% discount at KinoPark via the Yerevan Mall app, up to 7% cashback on Booking.com, and regularly updated partner offers.

The card supports four currencies (AMD, USD, EUR, RUB), is valid for 5 years, and also functions as a savings account with an interest rate of up to 5% per year.

Students can apply in any 24/7 Fast Bank branch, and free delivery is available within Yerevan. A student ID is required.

Key things to know:

1. Free service for students.
2. Up to 5% annual interest on balance.
3. Partner discounts (KinoPark, Booking.com, etc.).
4. Multi-currency card with a long validity period.

9. 5% Discount at FLASH Gas Stations with AraratBank Cards

AraratBank offers a permanent benefit for drivers: when paying for fuel at FLASH gas stations, cardholders receive a 5% discount starting from 1 liter.

The offer applies to all AraratBank cards: ArCa, Mastercard, Visa, Diners Club International.

The full list of FLASH fuel stations is available on the company’s official website.

Key things to know:

1. The discount is applied instantly at checkout.
2. Minimum purchase — 1 liter.
3. The offer is valid at all FLASH gas stations listed officially.

10. Free ArCa Classic Card for Clients Making International Transfers from Fast Bank

Fast Bank offers a free ArCa Classic AknCard to all clients who have made at least one international transfer via fast money transfer systems.

One card can be issued free of charge under this offer. All other service terms follow the bank’s tariff plan.

The card can be obtained at any 24/7 Fast Bank branch.

11. Free Visa Gold or ArCa Classic Card for Fast Bank Mortgage Borrowers

Clients with an active Fast Bank mortgage (including co-borrowers) can receive a Visa Gold or ArCa Classic AknCard free of charge for the entire mortgage term.

Eligibility requires no overdue obligations at the moment of application. One free card can be issued under the program; other service terms follow the bank’s tariffs.

Applications can be submitted in Fast Bank’s 24/7 branches.

12. Free ArCa Classic Card for Gold-Backed Loan Borrowers from Fast Bank

Clients with an active gold-backed loan from Fast Bank can receive a free ArCa Classic AknCard for the entire loan period, provided there is no overdue debt.

One card can be issued for free per client. Other service terms follow the bank’s tariff plan.

13. Free Digital Mastercard for New Clients of Byblos Bank

Byblos Bank offers all new clients a free digital Mastercard. The card can be issued online, without visiting a branch, and used for everyday payments, online shopping, and services that support Mastercard.

The digital card comes with no service fee, making it a convenient option for those who prefer fully online banking.

14. Prize Draw for Mastercard Holders ftom Byblos Bank

Byblos Bank has launched a major promotion for Mastercard holders. Participants can win valuable prizes:

1. 4 trips to the Maldives (for two, 7 nights, flights, meals 3 times a day, transfer)
2. 4 MacBook Air laptops
3. 4 iPhone 17 smartphones

To participate, cardholders must make purchases totaling at least 1,500,000 AMD between August 25 and December 31, 2025.

The promotion is valid for all Mastercard cards issued by Byblos Bank.

15. 25% Cashback on Mastercard Payments from Inecobank

Until December 6, Inecobank is running a large-scale promotion: pay with any Mastercard issued by the bank in one of 15 selected online stores and receive 25% cashback (up to 25,000 AMD).

Participating brands include:

Adidas, Nike, Asos, Carters, Sephora, Shein, iHerb

Air France, Qatar Airways, Wizz Air

Amazon, Wildberries, Temu, Ozon, AliExpress

Cashback is automatically credited for online payments made with Mastercard Standard, Gold, or Black Edition.

Additionally, until December 6, new Mastercard Standard cards are issued free of charge.

Key things to know:

1. Maximum cashback: 25,000 AMD.
2. 25% applies to most brands; Amazon, Wildberries, Temu, and Ozon offer 10%.
3. Only online purchases are eligible.
4. Promotion valid until December 6 inclusive.

Best for:

1. Clients planning purchases in international online stores.
2. Travelers (cashback applies to airfare as well).
3. New Mastercard customers — issuance of Standard is temporarily free.

16. Free Gold Salary Cards from Inecobank

Salary clients of Inecobank can receive a free Visa Gold or Mastercard Gold with no annual fee and no additional charges. Besides the premium card itself, holders gain access to exclusive benefits.

Main advantages:

1. Preferential loans from 16% — consumer loans and credit lines at reduced rates (nominal 16–18%, effective 17.28–19.64%).
2. Free SMS notifications for all transactions above 1,000 AMD.
3. Free cash withdrawals at Inecobank ATMs and up to 100,000 AMD at ARCA ATMs.
4. Access to special offers and discounts for Gold salary cardholders.

Key things to know:

1. Visa Gold or Mastercard Gold is provided completely free of charge.
2. Preferential loan rates apply only to salary clients.
3. Free notifications and extended cash withdrawal limits.
4. Additional bank bonuses and partner discounts available.

17. Free Guru Salary Cards from Armeconombank

Armeconombank offers advantageous conditions for clients receiving their salary on Guru cards. Depending on the monthly salary amount, the client can obtain one of several cards free of charge.

Categories of free cards:

Net salary up to 499,000 AMD:

Visa Classic, Mastercard Standard, ArCa Classic

Net salary from 500,000 AMD:

Visa Classic, Mastercard Standard, ArCa Classic, Visa Gold, Mastercard Gold

Net salary from 1,000,000 AMD:

Visa Classic, Mastercard Standard, ArCa Classic, Visa Gold, Mastercard Gold, Visa Platinum

Service is free within the salary project if the client’s net salary meets the required thresholds.

Key things to know:

1. Free service applies only to Guru salary cards.
2. Card type depends on monthly salary level.
3. The card is selected once within the salary program.

Summary and Recommendations

December 2025 has been one of the most profitable months for clients of Armenian banks, as several promotions make the use of cards and deposits more beneficial. Banks are competing with bonuses, cashback offers, and rates, which means users have a chance to choose the optimal product for their needs.

What to choose for you:

1. For convenience and digital solutions – consider the Visa Digital from Fast Bank. This card, with no fees or physical plastic, combines the functions of a debit and savings account, accruing up to 5% per annum on the balance.
2. If you are a student – choose the Visa Student card. Its 5% cashback, free cash withdrawals, and a welcome bonus of 5,000 drams make it the best offer of the autumn.
3. If you want to earn in foreign currency – a deposit from AMIO Bank at 6% per annum will be an excellent solution. The rate is above the market average, and you can receive interest regularly.
4. If you frequently transfer money to friends and family – the ArcaPay promotion from Ameriabank allows you to make transfers by phone number without a commission until the end of the year.
5. If you actively pay for online purchases – take advantage of the 5% cashback on AMIO Bank cards. This offer is ongoing and is also suitable for new clients.

Overall, in 2025, Armenian banks are focusing on digital products, simplicity, and real benefits for users. Use this period to update your card, open a deposit, or connect to a new offer.

Tips from AFM:

1. Compare terms not only by rates and cashback but also by the duration of promotions.
2. Check the limits and categories for which bonuses are accrued.
3. Choose products that match your habits—this way, the benefit will be maximized.

Select suitable promotions and financial products on AFM – compare the offers of Armenian banks and find what truly works in your favor.