All banks in the product line havecredit card with grace period. If the client does not have time to repay the debt in a timely manner, a commission is charged on the balance of the debt, which is more than the amount of the ordinary consumer loan. Banks usually offer 1.5-2 months grace period. Recently, a new product appeared on the market - a credit card with a grace period of 12 months. How to get the card "conscience"?
KIWI Bank launched a new interesting product -card "conscience". The principle of its operation is different from the standard credit cards - interest on the use of funds to the bank returns the store in which the customer made a purchase. How many partners list the bank is not specified. In the case of a timely age of funds, the commission is not charged at all. Cash out will not work, since the card is intended only for non-cash transactions.
The organizers have made a big bet on this project. According to their plans, by 2020 the product "Conscience" should bring most of the profits to the bank. At this point, it is planned to issue more than 4 million cards.
Plastic is available for 5 years.Upon the expiration of the specified period, a replacement card is provided. You can use the limit at any time, but only in the partner stores of the bank. That is, the payment instrument can be ordered today, and pay them goods - in a year. How to get the card "Conscience" will be described in detail below.
Get a credit card "conscience" is easy. The bank’s partners are dozens of major retailers working in different directions. You can purchase services without each of them:
It is enough to find out where to get the “Conscience” card in your city, and you can purchase goods and services not only in the partner’s office, but also in online stores.
У каждого партнера банка действует свой льготный period. Thus, stores in the Cafe and Products categories provide installments within 30 days, since the average bill in institutions is small. That is, for gatherings with friends in a cafe you can pay in 30 days.
Shops from other categories mainlyprovide installments for 3 months. However, there are several outlets that set a grace period of two, four, or six months. You can get a Conscience card and immediately get a loan for the purchase of furniture. In this case, the installment plan will be one year.
The amount of goods is divided by the specified number of months. In order for the purchase to become interest-free, monthly payments must be made in a timely manner.
On the official website of the map, the fulla list of partner banks indicating the validity period of the grace period for each of them. This list and terms of service of the loan are constantly updated.
In case of violation of the terms of the refund accrued:
When paying for goods, the card balance is reduced by the amount of the purchase. Within the limit, you can perform an unlimited number of operations. Each transaction is divided by the number of installment months.
The transaction amount is 18 thousand rubles.The grace period is 3 months. Every month, 6 thousand rubles must be transferred to the account. Reporting date - the day of the transaction. If the purchase was paid on December 20, the first payment should be paid before January 20. If the installment plan is only 30 days, then for this period you need to pay off the entire amount of the debt.
Now consider an example in which a clientissued several loans at once. In January, the card paid for the purchase of a gas stove in the amount of 24 thousand rubles. (installments - 4 months), sneakers for 8 thousand rubles. (installments 4 months) and food for 7 thousand rubles. (installment 30 days). Monthly payments will be:
February = 24/4 + 8/4 + 7 = 15 thousand rubles.
March = April = May = 24/4 + 8/4 = 8 thousand rubles.
The process of processing and using plastic is very similar to a regular loan. What is the difference?
People who often use borrowed moneymeans, it’s easier to get a Conscience card once. The advantages of the card is that each purchase turns into an installment plan. And there are a lot of such operations. At the same time, it is not necessary to sign any additional documents, as in the case of a loan. Simply pay for the services with plastic.
It is not enough just to know where to get the Conscience card; you also need to know how and where to replenish your account:
Plastic processing is carried out remotely, since the payment system does not have offices for customer service. This approach slightly affects the timing, but does not affect the quality of service.
When making plastic, the previous one is taken into accountcredit history and load on already taken loans. But these are far from all the parameters. If the borrower has a constant and confirmed source of income, then the probability of receiving a card with a higher limit increases. How can I get a Conscience card?
You must fill out an application for release.The online application consists of three parts: the applicant’s contact details, passport details, and income information. The decision to provide plastic will be made in a few minutes. If the application is approved, the client will immediately be informed of the limit provided and an appointment will be made with a courier who will deliver plastic and a package of documents.
The next step is to activate the card.The specified phone will receive activation instructions and a PIN code. The procedure itself will be launched after the first purchase. Until this point, the card is not valid, service charges are not charged. Here's how to get a Conscience card.
Information about all operations of the holder will bereceive in the form of SMS. Reminders about the next payment will be sent in the same form. Even if the client has issued several loans. The service is provided free of charge.
If the customer constantly uses the card andtimely repays the debt, the bank can unilaterally increase the limit. For complete information about the conditions of servicing the card, please contact the bank hotline. Also, when applying for a card, the client will have access to the "Personal Account", which contains complete information about the status of the account and the conditions for paying off installments.
Unlike other banks, QIWI Bank does not impose any voluntary-compulsory services in the form of insurance.
The payment deadline is the 5ththe month following the processing of the loan. However, bank employees recommend depositing the amount before the end of the current month. A reserve of 5 days was taken to delay the transfer of funds to the account. The day of debt repayment is considered the day of receipt of money. The lack of the possibility of instant debt repayment is not liked by all customers, but this requirement is established by all banks.
In case of systematic violation of payment termsthe card may be temporarily blocked until the full repayment of all loans. Early repayment of the loan does not incur any fines. Information on the occurrence of delay immediately goes to the credit bureau.
If a customer paid with a card at once, severalpurchases, and for one of the loans an overdue period has formed, the interest-free period for the remaining loans does not disappear. However, the priority of payment repayment is changing. Firstly, 10% per annum is charged on a technical overdraft. Secondly, all receipts to the card will first be sent to pay off this commission.
The contract says that when committing regularwith a card purchase, the bank may suspect the customer of entrepreneurial activity and block the account. At the same time, what exactly is meant by a "large sum" and "frequent purchases" is not specified.
Closing an account will cause a lot of difficulties.The bank has only one branch for the whole country. Those who wish to cancel the account will need to send a notarial application by mail. Moreover, in the same letter it will be necessary to return the card itself.
Expiration of the card does not mean termination of the contract. For early re-release of plastic, you will have to pay 590 rubles.
Perhaps the greatest danger topotential borrowers is as follows. In the general conditions for servicing the card, it is said that the credit institution may change the tariffs for servicing the account as agreed with the client. The latter means any actions of the client in relation to the bank (even a regular phone call) within 5 days from the date of publication of new tariffs.
Credit limit approval is carried out intwo stages. At the first, the client fills out an application on the site, and at the second, the security service checks the documents transmitted through the courier. In case of inaccuracies with the data provided, the loan will be refused. In this case, the client simply will not be able to activate the card, that is, to pay for goods with it. Or after delivery of the envelope, a bank employee will call and inform you that the limit has been refused.
The first limit will be no more than 15 thousand.rubles, but if you use the card constantly, then over time it increases. On the same terms, a Tinkoff Bank credit card is provided. The good news is that the limit cannot decrease, even if the client does not use the card. On the other hand, the approved limit can be very small, and you can’t use the card as a full credit card.
In case of violation of the terms of debt repayment, the balance of funds will be charged 29% per annum. Compared to the offers of other banks, we can say that QIWI Bank has a little conscience.
The terms of the contract clearly stipulate that allcardholders give their consent to receive advertising messages not only from QIWI Bank, but also from its partners. But if cardholders can and need to know about promotions, not everyone wants to receive notifications from a taxi service or fast food restaurant.
Given all of the above, we can concludethat a new credit card from QIWI Bank is an interesting product that you need to be able to use. Therefore, before you learn how to get a Conscience card in Moscow, check out the bank’s current tariffs.
