Well into a prolonged economic downturn, a bank in Kazakhstan has announced plans to issue the world's first credit card made entirely of real gold, diamonds and pearls.

Sberbank-Kazakhstan plans to issue a limited edition Visa Infinite Exclusive card, made out of pure gold, 26 diamonds and inlaid mother of pearl to their top 100 clients, according to a press release posted on the bank's website.

South Africa's tenderpreneurs and status-hunters might fall over their feet to get their hands on these cards, which come at a cost of $100000.

While $65000 of the cost will go into producing the card itself, the remaining $35000 will go into the cardholder's account.

After the first year, it will also carry a $2000 fee.

Visa Infinite Exclusive cardholders can expect some friendly smiles from luxury hotels as the card comes with discounts at 800 hotels, restaurants and car rental outlets worldwide as well as access to business-class lounges at 280 airports. Single-malt whisky would also not go wasted as cardholders also have access to a 24-hour concierge service.

"Visa Infinite Exclusive is more than a bank card: it opens doors to the owners of exclusive services and privileges," Galym Tabyldiev, the head of Visa in Kazakhstan, said on behalf of Sberbank.

The card also comes with an iPhone 5, a Montblanc card case and life and health insurance worth over $250000.