Credit card "100 days without interest" "Alfa-Bank": conditions, interest

Every bank offers a credit card with a grace period. But most of them provide 60 days for interest-free use of the loan. However, there are products on the market with more interesting terms of service. One of them is a credit card "100 days without interest". Alfa-Bank offers interesting conditions for customers.

Grace period

Credit cards are provided with a period of time during which the client can use borrowed funds without paying interest under certain conditions. The main one is to close the debt until the end of the grace period. Otherwise, the bank will charge interest.

It is also very important to pay attention to which particular operations the grace period extends. Usually it is only a non-cash payment for goods. In case of withdrawal of cash from the card, the grace period is reset.

Terms of Use

The calculation algorithm is also very important. A grace period of up to 120 days does not at all mean that the client can use the entire amount today, but return the debt in three months. The exact time depends on the date from which the calculation of interest begins. The grace period does not cancel the borrower's obligation to make a monthly payment.

Features

Let us consider in more detail how the Alfa-Bank card "100 days without interest" differs from other similar products on the market.

The grace period extends to all types of operations, including the withdrawal of cash from the ATM. Three months' delay in paying interest is given only to traditional credit institution cards. This condition does not apply to co-branding cards and cards that support non-contact payment technology. For such payment instruments, the grace period will be 60 days.

On the card there is a mandatory payment of 5% of the debt, but not less than 320 rubles. To transfer money to the account you need every month during the payment period. It begins with the number of the contract and lasts 20 days.

The interest-free period begins the day after the first purchase. After 100 days, you have to pay all the debts to a penny. If this requirement is violated, interest will be accrued, and the next grace period will not begin.

"Alfa-Bank": a credit card "100 days"

Terms, percent of the credit card "100 days" let's consider in more detail:

1. Type: Visa Classic.
2. Issuance: instantly.
3. Technological features: 3D Secure.
4. Interest on the balance of personal funds: none.
5. Fee for issue: none.
6. The rate: 19% -32%.
7. Service charge: 1290 rub.
8. Payment for cash withdrawal: in any ATM: 6.9%, min. 500 rubles.
9. Limit on cashing: 60 thousand rubles. per month.
10. In case of violation of the terms of payment of the minimum payment for debt, a penalty of 1% is charged every day.

Where is the card "100 days without interest" issued? "Alfa-Bank" offers its customers to issue a regular or privileged card in the branches of the credit institution. How to do it:

• Fill in the application form with the latest information and contact information.
• Wait for the answer of the credit manager in 5 days.
• In case of approval of the application, contact the office to receive a card.

Additional services can be connected:

• Life insurance in OOO AlfaStrakhovanie - 0.8% monthly;
• "Alfa-Check" - SMS-notification of all movements of funds on the account - 59 rubles.

Requirements for borrowers

The Alfa-Bank card with a grace period of 100 days is issued to customers over 21 years of age. A potential borrower must have a monthly income of 9 thousand rubles. And work at the last job for at least 3 months. Also he must have a local registration.

The interest rate is calculated separately for each client and depends on the borrower's documents and credit history. The presence of a certificate of employment, a vehicle registration certificate, a passport with a note of a recent trip abroad, VHI policy significantly reduces interest. An application for a credit card is issued with at least two documents, one of which must be a Russian citizen's passport.

Scheme of work

In order to better understand how Alfa-Bank's credit card "100 days without interest" works, consider the following scheme in more detail.

Let's say the contract with the client was signed on November 22. The 22nd day will be the reporting date on a monthly basis. After 6 days, that is, on November 28, the customer paid for purchases in the store with this card. Grace period starts from 29 and will last 100 days, that is until March 9.

In a month - December 22 - the customer will receive a SMS-notification, which will indicate the amount spent. The next 20 days are allocated in order to make a mandatory payment (before January 11). Assume the funds were credited to the account on December 28, but they covered only a part of the amount owed to CJSC Alfa-Bank. Visa card with a grace period of 100 days continues to function on preferential terms. If the customer has time to pay all the debts before March 9, then one grace period will end and another one will start. If the entire amount of debt is not paid in a timely manner, interest will begin to accrue.

Where and how to find out the amount, date of payment? You can find out the amount of debt at any time from the statement received in the Internet bank, through the mobile application, in the branch of the credit institution, from the employee of the call center.

Advantages and disadvantages

Having considered in detail all the nuances of using plastic, let us summarize whether a credit card "100 days without interest" is really needed? Alfa-Bank offers an interesting payment instrument. Three months of preferential use apply to all types of transactions. Advanced users can manage the account directly through the Internet bank: check the balance, watch the statement, transfer funds, cancel the loan. Those who are connected to the Internet "on you" can activate the SMS-notification service and receive the same account statements directly to the phone.

There is another great advantage that the "100 days without interest" card has. Alfa-Bank offers its clients several ways to pay off debts: cashless transfers from any account, cash depositing through the bank's cash desk, ATMs, Eleksnet terminals, CONTACT systems, Rapida, and Gorod. To make a transfer, you only need to specify the card number and the full name of the recipient.

There is only one drawback, which has a card "100 days without interest". Alfa-Bank charges monthly a commission for SMS and online banking. Most credit institutions provide these services free of charge or for symbolic payment.

Other offers on the market

The maximum delay in payment of interest (up to 200 days) offers Avangard for Visa and MasterCard. Get it can like any new client, and one that has never used an overdraft. The monthly payment is 10%. If before the 19th day of the seventh month after the withdrawal of funds in the account will be in arrears, interest will be accrued for all days of using the loan at an increasing rate of 24%. The maximum limit is 150 thousand rubles.

"Promsvyazbank" on "Supercarte" offers 145 days of preferential use of plastic. The offer is relevant only for new customers and only for the first transaction. All the following will already be calculated based on 55 days. Grace period starts from the moment of issue of the card. Upon its completion, the rate increases to 34.9%. The maximum credit limit is 600 thousand rubles.

Up to 65 days

All further reviewed cards are provided with a grace period of less than 100 days. But each of them is interesting to the client in its own way.

Rosbank issues an iGlobe card, which provides for 62 non-interest-bearing days. With this payment tool, you can book travel services through iGlobe service without binding to airlines. The credit limit ranges from 300 thousand to 1,000 thousand rubles.

On the map "Lukoil-Uralsib" not only provides a 60-day grace period, but also the first year of service is given as a gift. When refueling at the gas station "Lukoil" operates a loyal system of discounts. The standard rate is 24%.

Delay in 55 days for paying interest is unlikely to surprise anyone. But each of the following proposals is unique in its own way.

The credit of "YAR-Bank" is valid free of charge for the first year. At the expiration of 55 days, 17.5% is charged on the balance. The maximum credit limit is one million rubles.

Hardcore gamers can appreciate the map of "Tinkoff Bank" Kanobu. In addition to the renewable limit of 700 thousand rubles. Plastic holders receive a 10% discount on the Kanobu website. For cashing funds, the customer will have to pay 5%. At the end of the grace period, the rate for the use of money will be 23.9%.

"Binbank" has developed a special offer for tourists. The map "The whole world" provides an opportunity to save money and spend miles in partner networks. The renewable limit varies in the amount of 50-100 thousand rubles. For the use of credit funds, the rate is set at 22%, and for withdrawing money from the account - 2.5% (minimum 250 rubles). In addition, customers can subscribe for free SMS-informing service.