What is a mandatory loan payment?

To date, almost all of us have a credit card. With its help, we can pay not only our own, but also borrowed funds. After reading this article, you will find out what a mandatory payment on a Sberbank credit card is.

What are the conditions for issuing a plastic card?

Get a credit card can almost every citizen who meets the requirements that the bank makes. So, a potential borrower should have an internal passport of a citizen of the Russian Federation. The client's age must be at least eighteen and not more than sixty five years. He must have a permanent residence permit and an official workplace. The borrower's experience should not be interrupted for more than a month.

Before you figure out how to calculate a mandatory payment on a Sberbank credit card, you need to understand what it takes to get the plastic itself. To apply for a loan, you must contact the nearest branch and present the required package of documents. After that, the employees will be asked to fill out the application form and enter here the passport data. In addition, the bank employee has the right to ask for an additional document proving the identity of the client. This can be a military ticket, a foreign passport or a driver's license.

The application may take several days to review, after which the borrower will be informed of the decision.

Advantages of Sberbank credit cards

Its registration is carried out only once. When the card expires, the bank will automatically reissue it and notify the customer by sending a message to the mobile phone.

A credit card often becomes an indispensable assistant in unforeseen situations, when you urgently need money, and no one can borrow them. It is allowed to withdraw funds unlimited number of times. The organization independently calculates and establishes a credit limit. The borrower is provided with a so-called grace period, during which no interest is accrued for the use of funds. As a rule, it does not exceed 50 days. If necessary, the card can be re-issued ahead of time, and the extract can be found through e-mail.

What is a mandatory payment on a Sberbank credit card?

This term means the minimum amount of money that must be paid into the account before the loan is fully repaid. Its size is determined taking into account the total debt of the client. As a rule, compulsory payments of an individual should not be less than 150 rubles.

To repay the debt, the borrower does not necessarily immediately make all the money. It is enough simply that an amount equal to 5% of the principal debt is regularly credited to the account. If necessary, interest is added to this figure for the use and late payment interest.

How do I know the amount of a monthly payment?

You can get this information at the nearest bank branch. In addition, some institutions provide the requested information via the Internet. To do this, the client should register in the system and enter the main page, where all the necessary data will be displayed.

Those who regularly use a credit card, should receive messages on the mobile phone. In this way, the borrower will be able to control all transactions and learn about the balance of the debt.

How to make payment?

To date, you can make a mandatory payment in several different ways. For example, customers participating in so-called salary projects can transfer their salary to a credit card. You can also transfer money from one account to another.

Make a mandatory payment is possible through the terminal or cash desk located in the nearest bank branch. When using these methods, it should be borne in mind that some of them are not free. Sometimes, in addition to the principal amount, you need to pay an additional commission.

If you have the required amount (for example, on the card for the salary), the credit card automatically transfers the mandatory payment for the loan (under the preliminary contract).

A few words about the observance of deadlines and additional bonuses

Most domestic banks allow the payment of a monthly payment almost on the last day of the month. But this is not always allowed. There are such institutions that regulate a clearly defined time frame. If during this period the customer does not have time to make a mandatory payment, Then he will be assessed fines. Exact conditions must be prescribed in the loan agreement drawn up during the execution of the card. A systematic delay can affect your story. And in the future, you may face some difficulties when preparing a loan.

Also for some types of credit cards discounts, bonuses and all kinds of premium services are provided.