Updated November 6, 2026. The CMR Falabella card is currently offered in three Mastercard versions: Classic, Premium and Elite. For new contracts, the monthly administration fee ranges from 0.135 UF to 0.35 UF including VAT, that is, from CLP 5,573 to CLP 14,448 a month at the November 6 UF, according to Banco Falabella's fee schedule for products taken out since April 1, 2026. That fee can be halved or waived if a yearly Fpuntos or spending target is met.
This profile gathers what the issuer publishes about a single card: fees, rates, CAE, foreign charges, requirements and steps to apply. The comparison with Ripley, Lider Bci, Cencosud and Hites is in our department store card ranking; here we go deeper into the CMR only. According to its rate board, the cards are issued by Promotora CMR Falabella S.A. Anything that does not appear in the documents reviewed is marked "not published".
View the data as a table
| Classic monthly fee | 0.135 UF |
| Minimum net income | $401,000 |
| Revolving rate up to CLP 2,058,137 | 3.41% a month |
| Foreign purchase charge | 0% |
CMR Falabella fees in 2026 by version
Banco Falabella charges a single monthly fee for credit line administration, with no semi-annual charge. The amount depends on the card version and the contract date. Three values apply to new contracts, and each version also changes how fast Fpuntos are earned and how long they last, according to the bank's comparison tool.
| Card | Monthly fee | In pesos per month | Annual cost without discount | Fpuntos earning | Fpuntos validity |
|---|---|---|---|---|---|
| CMR Mastercard (Clásica) | UF 0.135 | CLP 5,573 | CLP 66,876 | Base | 1 year |
| CMR Mastercard Premium | UF 0.220 | CLP 9,081 | CLP 108,972 | Double | 2 years |
| CMR Mastercard Elite | UF 0.350 | CLP 14,448 | CLP 173,376 | Triple or more | 2 years |
Source: Banco Falabella's fee schedule for products taken out since Apr 1, 2026 and the CMR card rate board in force since Oct 15, 2026, checked Nov 6, 2026; pesos at the Nov 6, 2026 UF (CLP 41,279.51, CMF). The annual cost is a Pauta Financiera calculation (monthly fee times 12, no discounts). Since the fee is in UF, its peso value rises with inflation; we explain it in our guide on what the UF is.
Holders of an older CMR may be paying a different amount. The rate board in force since October 15 keeps the fees of earlier contracts: for example, 0.085 UF for the basic CMR and 0.13 UF for the Mastercard Contactless taken out up to January 27, 2026. The amount that applies to each customer appears in their contract and statement.
| CMR / CMR Visa / CMR Mastercard | 0.065 | Signed up to 03-11-2014 |
| CMR / CMR Visa / CMR Mastercard | 0.085 | Earlier contracts (other dates) |
| CMR Mastercard Contactless | 0.105 | Signed up to 07-11-2022 |
| CMR Mastercard Contactless | 0.120 | Signed up to 05-10-2023 |
| CMR Mastercard Contactless | 0.130 | Signed up to 27-01-2026 |
| CMR Mastercard Contactless | 0.135 | New contracts |
| CMR Visa Platinum / Mastercard Platinum | 0.150 | Signed up to 31-12-2015 |
| CMR Visa Platinum / Mastercard Platinum | 0.170 | Signed up to 05-10-2023 |
| CMR Visa Platinum / Mastercard Platinum | 0.200 | Signed up to 27-01-2026 |
| CMR Mastercard Premium | 0.220 | New contracts |
| CMR Visa Signature / Mastercard Elite | 0.200 | Signed up to 31-12-2015 |
| CMR Visa Signature / Mastercard Elite | 0.270 | Signed 01-01-2016 to 01-06-2016 |
| CMR Mastercard Elite | 0.350 | New contracts |
Fee discount: Fpuntos or yearly spending
A new discount rule has applied since September 14, 2026, according to the rate board. Within the same calendar year, the cardholder gets a 50% discount by earning more than 80,000 Fpuntos or spending CLP 6,600,000 or more with the CMR (an average of CLP 550,000 a month), and 100% by earning at least 220,000 Fpuntos or spending CLP 18,000,000 or more (an average of CLP 1,500,000 a month). The discount applies from the month after the target is met and lasts until December 31 of the following year.
For the Classic CMR, the 50% discount is worth about CLP 33,438 a year and the 100% discount CLP 66,876 (Pauta Financiera calculation). The previous rules still apply to those who already met them: cardholders who earned 60,000 CMR Puntos or more between January 1 and September 13, 2026 get a 100% discount, and those who earned between 25,000 and 59,999 get 50%, both until December 31, 2027. On its Fpuntos page the bank states that the CMR earns from 1 Fpunto per CLP 150 at its stores and that 1 Fpunto is worth CLP 1 when redeemed.
- Jan 27, 2026Last day of the previous feesContracts signed up to this date keep 0.13 UF (Contactless) and 0.20 UF (Platinum).
- Apr 1, 2026New fee schedule0.135 UF for the Classic, 0.22 UF for the Premium and 0.35 UF for the Elite on new contracts.
- Sep 13, 2026CMR Puntos rule closesWith 60,000 points or more, a 100% discount until the end of 2027.
- Sep 14, 2026Discount for Fpuntos or spending50% with 80,000 Fpuntos or CLP 6.6 million a year; 100% with 220,000 Fpuntos or CLP 18 million.
- Oct 15, 2026Current rate boardRevolving rate of 3.41% a month for amounts up to CLP 2,058,137.
CMR Falabella rates and CAE
The rate board in force since October 15, 2026 reports maximum rates by amount bracket. For revolving credit (the unpaid part of the statement) the rate is 3.41% a month (40.92% a year) up to CLP 2,058,137, 2.83% (33.96%) between that amount and CLP 8,232,546, and 2.49% (29.88%) above it. These are below the legal ceiling: the maximum conventional rate for debts up to 50 UF has been 41.02% a year since October 15.
| Operation | Maximum monthly rate | Maximum annual rate |
|---|---|---|
| Revolving up to CLP 2,058,137 | 3.41% | 40.92% |
| Revolving CLP 2,058,138 to 8,232,546 | 2.83% | 33.96% |
| Revolving from CLP 8,232,547 | 2.49% | 29.88% |
| 3 interest-free installments (with down payment) | 0.00% | 0.00% |
| Cash advance CLP 5,000 to 2,000,000 | 3.41% | 40.92% |
| Late-payment interest | 3.41% | — |
Source: CMR card rate board, in force since Oct 15, 2026. Each customer's CAE depends on their limit, term and purchases, and appears on the summary sheet and statement. As a reference, the rate board publishes CAE examples for the CMR Falabella Universal Credit: 36.29% with a CLP 250,000 limit, 29.39% with CLP 500,000 and 25.97% with CLP 1,000,000. The fixed fee weighs more on small limits; we explain how to read that figure in our note on how to compare rates and CAE.
Does your brand want to reach people comparing cards before signing up? See Pauta Financiera's formats.
See advertising optionsWhat paying in installments with the CMR costs
The fee is only part of the cost. What weighs most, when buying in interest-bearing installments or not paying the full statement, is interest. The calculation below uses the maximum rate the issuer publishes for small installment purchases, 3.41% a month, on a CLP 300,000 purchase. It is the most expensive case on its rate board; each customer may be offered a lower rate.
| Term | Monthly installment | Total interest | Total paid |
|---|---|---|---|
| 3 installments | CLP 106,896 | CLP 20,688 | CLP 320,688 |
| 6 installments | CLP 56,134 | CLP 36,804 | CLP 336,804 |
| 12 installments | CLP 30,881 | CLP 70,572 | CLP 370,572 |
| 24 installments | CLP 18,506 | CLP 144,144 | CLP 444,144 |
Source: Pauta Financiera calculation with a fixed installment and the rate from the CMR card rate board of Oct 15, 2026. It excludes stamp tax (0.066% a month, capped at 0.8%), insurance and other charges, which raise the CAE.
Since June 2026 the minimum payment on all cards is also changing. According to the CMF, once General Rule 537 is fully phased in, the minimum payment must cover 100% of non-financeable amounts (interest-free installments for the period, interest, fees and other charges) plus 5% of financeable amounts, which are mainly principal. The rule is being applied gradually and is fully in force 24 months after it began.
Cash advances, foreign purchases and collection
The April 2026 schedule sets the foreign purchase charge at US$0 + 0%; those purchases are converted to pesos instantly, according to the CMR Mastercard page. Cash withdrawals abroad cost 2.5% of the amount + US$2.5. To buy currency before traveling, our guide on where to buy dollars compares banks and exchange houses.
| Charge | Amount | Source |
|---|---|---|
| Foreign purchases | US$0 + 0% | April 2026 schedule |
| Cash withdrawal abroad | 2,5% + US$2,5 | April 2026 schedule |
| Card reissue | 0.05 UF + VAT (except fraud or expiry) | Schedule and rate board |
| Additional cards | Free, up to 5, from age 14 | CMR Mastercard page |
| Collection costs (from 20 days late) | 9% up to 10 UF; 6% from 10 to 50 UF; 3% above 50 UF | Rate board Oct 15, 2026 |
| Credit life, unemployment and hospitalization insurance | Voluntary; premium not published on the rate board | CMR Mastercard page |
Sources: fee schedule, rate board and CMR Mastercard page. The rate board adds that late payments are reported to credit bureaus from 30 days past due; if that has already happened, our guide on how to get out of Dicom covers the steps to settle. At partner ATMs, small cash advances are repaid in a fixed number of installments: from 3 for CLP 5,000-10,000 to 15 for CLP 100,001-200,000.
Requirements to get the CMR Falabella card
The requirements are the same for all three versions, according to the pages for the Classic, Premium and Elite. The rate board adds one condition: not having had a CMR application rejected in the previous 6 months.
| Requirement | What Banco Falabella asks for |
|---|---|
| Income | CLP 401,000 net or more a month, proven over the last 12 months |
| Age | 18, subject to credit assessment |
| Nationality | Chilean, or foreigner with permanent residency for 3 years or more |
| Job tenure | 6 months or more |
| Credit history | No outstanding defaults or protests; permanent address in Chile |
| Maximum limit | Not published |
The secured CMR
For those who do not pass the assessment, the bank offers the secured CMR: between CLP 50,000 and CLP 2,000,000 is deposited in a savings account in the customer's name, which earns interest and sets the initial limit. The deposit is only used if the debt is more than 60 days past due, and after a year of responsible use the customer could keep the card without it, subject to assessment. Other options with lower requirements are in our guide to easy-to-get credit cards.
How to apply for the CMR card step by step
- Online application: through Banco Falabella's website or app; the digital card can be used as soon as the account is approved, according to the secured CMR page.
- Phone wallet: the app adds it to Google or Apple Wallet with the "Activate contactless payment" option.
- Physical card: requested for home delivery through the app, arriving in 2 to 5 business days depending on the area, or picked up at a branch, according to the New to CMR? page.
- Activation and PIN: the physical card is activated in the app and a 4-digit PIN must be created.
Which version fits each profile, based on its terms
- Occasional use: the Classic, with the lowest fee in the lineup (UF 0.135 a month) and Fpuntos valid for one year.
- High spending at group stores: the CLP 6,600,000 yearly target for a 50% discount equals CLP 550,000 a month; the 100% target, CLP 1,500,000.
- Travel: all three versions report 0% on foreign purchases; the Elite adds two yearly visits to the Primeclass lounge in Santiago, two bags and two transfers when buying through Viajes Falabella.
- First card or no history: the secured version, from CLP 50,000. There are also options for young people in our guide to student credit cards.
To see how the CMR compares with other department store cards, check the profiles of the Lider Bci card and the Banco Ripley card, built from each issuer's current documents.
Frequently asked questions about the CMR Falabella
What is the CMR Falabella maintenance fee?
For new contracts, 0.135 UF a month for the Classic, 0.22 UF for the Premium and 0.35 UF for the Elite, including VAT: from CLP 5,573 to CLP 14,448 at the November 6, 2026 UF. Older contracts keep the agreed fee, such as 0.085 UF on the basic CMR.
How can I avoid the CMR card fee?
By earning at least 220,000 Fpuntos or spending CLP 18,000,000 or more with the CMR in a calendar year. With more than 80,000 Fpuntos or CLP 6,600,000 in purchases, the discount is 50%.
What income is needed to get a CMR card?
Monthly net income of CLP 401,000 or more over the last 12 months, age 18, 6 months of job tenure and no outstanding defaults, according to the bank's pages.
Does the CMR charge for purchases abroad?
Not for purchases: the charge is US$0 + 0%. Cash withdrawals abroad cost 2.5% of the amount plus US$2.5, according to the April 2026 fee schedule.
What is the CMR Falabella's CAE?
It depends on the limit and each transaction. The examples the bank publishes for the CMR Universal Credit range from 25.97% with a CLP 1,000,000 limit to 36.29% with CLP 250,000.
Can I get a CMR without proof of income?
The standard version requires proof of income. The alternative the bank publishes is the secured CMR, from CLP 50,000 deposited in a savings account, subject to assessment.
This information is journalistic and educational, not financial advice. Check the conditions and the total cost (CAE) with the institution before signing up.
