Which Armenian Bank Offers the Best Card for Russian Citizens?

Armenia’s banking system is one of the most convenient options for Russian citizens. You can open a card quickly and use it both in Armenia and abroad — to shop online, book hotels, or withdraw cash worldwide. Local banks offer a wide selection of products: from simple debit cards to premium ones with cashback and interest on your account balance.

In this guide, you’ll learn which banks make it easiest for Russians to open a card, which institutions work with non-residents, and how to avoid unnecessary fees.

You can also explore the “Debit Cards in Armenia” section on AFM, where we compare the latest offers, service fees, supported currencies, and card availability for non-residents.

Why Russian Citizens Open Bank Cards in Armenia

Armenian banks allow you to open multi-currency accounts – in AMD, USD, EUR, or RUB. This flexibility is useful if you work with different countries or prefer to diversify your savings across several currencies.

Can a Russian Citizen Open a Bank Card in Armenia?

Yes. Russian citizens can open a bank account and card in Armenia even without local residence or a residence permit. You’ll be registered as a non-resident, but most major banks in Armenia actively serve non-resident clients.

To open a card, you’ll need:

1. A valid international passport;
2. A residential address in Russia or Armenia;
3. In some cases – proof of income or employment verification.

If you have already completed identity verification in an Armenian bank, you can apply for new cards remotely through the bank’s mobile app or online banking.

If this is your first visit to Armenia, a personal visit to a branch is required for initial identification. Once verified, you’ll be allowed to open additional cards online without visiting the branch again.

How We Chose the Most Beneficial Cards

To find out which Armenian bank offers the best conditions for Russian citizens, we compared the leading debit cards based on five key criteria:

1. Availability for Russian citizens – Whether a card can be opened without a residence permit, remotely, or via power of attorney.
2. Fees and commissions – Card issuance, maintenance costs, and any hidden charges.
3. Usability abroad – International access, overdraft options, and payment systems.
4. Digital service – Quality of mobile banking, app functionality, and ease of use.
5. Bank reliability – Institutional stability and deposit protection.

Comparison of Debit Cards for Russian Citizens (as of October 2025)

Data based on official bank websites, October 2025.

Top 3 Most Beneficial Cards for Russian Citizens

After analyzing all major offers and comparing them by key criteria — from fees and mobile app quality to accessibility for non-residents — we selected three cards that stand out as the best options for Russian citizens in 2025.

1st Place – Ameriabank Visa Classic Digital

This card became the leader for a reason. It combines everything that matters for modern users:

1. Free issuance and maintenance;
2. Can be opened online, without visiting a branch (if you’ve already verified your identity with the bank);
3. Multi-currency account: AMD, USD, and EUR;
4. Overdraft available;
5. High-quality digital service and user-friendly mobile app.

Best for everyday purchases, online payments, and international use.

2nd Place – AMIO Bank Mastercard Digital

A great option for those who live between two countries or often transfer money between Russia and Armenia.

1. Free card issuance and service;
2. Supports four currencies — AMD, USD, EUR, and RUB;
3. Convenient for cross-border transfers;
4. Works on the Mastercard network, fully functional abroad.

Best for travelers, freelancers, and users who manage funds in different currencies.

3rd Place – Acba Bank Visa Benefactor

This card suits clients who live in Armenia or visit the country regularly.

1. Can be ordered with delivery across Armenia;
2. Overdraft option available;
3. Backed by a reliable bank with strong reputation.

Best for everyday expenses and secure fund storage.

Other Cards Worth Considering

If you’re visiting Armenia for a short period or need a quick solution, non-personalized cards from Ardshinbank (Visa or ArCa) are a practical choice.

They can be issued instantly at a branch, making them ideal for temporary use — though they work only in AMD and are not valid for international payments.

For those who value premium service and the American Express brand, the Acba Bank AmEx Blue Card is worth exploring. It offers a bonus program and a high service level, though it comes with a monthly fee.

Overall, these bank cards in Armenia for non-residents are a convenient solution if you’re looking for a temporary or premium product tailored to specific needs.

How to Open a Bank Card in Armenia as a Russian Citizen

To help you navigate the process smoothly, here’s a simple step-by-step guide to opening a card in Armenia.

Step-by-step instruction

1. Choose a bank and card type – Compare offers and terms on AFM to find the most suitable option.
2. Prepare your documents – Usually, you’ll need a valid international passport and a proof of address.
3. Complete identification – Either in person at a branch or online if you’re already a client.
4. Submit your application – You can apply for a digital or physical card.
5. Activate the card – Once approved, activate it in the mobile app and top up your account.

Before opening a card in an Armenian bank, pay attention to a few important details:

1. Check where the card works – Some cards are for domestic use only, while others support international payments.
2. Clarify the currency conversion fee if you plan to pay in USD or EUR.
3. Make sure you can top up the account from Russia without restrictions or extra charges.

Understanding these nuances will help you avoid hidden costs and choose a card that’s genuinely convenient for your lifestyle.

FAQ

Can I open a card remotely?

Yes – if you have already completed identity verification in an Armenian bank. Otherwise, your first visit must be in person.

Which cards are accepted abroad?

Visa and Mastercard cards are accepted almost everywhere, including the EU, UAE, and most other countries.

Do I need an Armenian phone number?

It’s recommended – you’ll need it to activate online banking and receive SMS confirmations for transactions.

Which currency should I choose when opening a card?

For daily expenses – choose AMD (Armenian dram), for international transactions – USD or EUR will be more convenient.

Final Insights

The most beneficial card for Russian citizens in 2025 is the Visa Classic Digital from Ameriabank. It offers free online application and service, supports accounts for multiple currencies (AMD, USD, EUR), high reliability and excellent digital banking experience.

If you prefer to manage a RUB account, the AMIO Bank Mastercard Digital is your best choice. For those who value card delivery and an overdraft option, consider the Acba Bank Visa Benefactor.

Before applying, make sure to compare fees, currencies, and non-resident terms on AFM – this will help you choose the card that best fits your needs, whether it’s for daily use, travel, or safe fund storage.