Post Bank credit card: user reviews

2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16

Post Bank's "Element 120" credit card has a lot of advantages, and it can be called universal. It is quite simple to issue a credit card, and everyone can use the credit limit for different purposes, there are no restrictions. The terms of the card make it possible to make purchases on the Internet, in stores, pay with plastic in any shopping centers and withdraw cash from ATMs. The terms of the "Element 120" credit card of Post Bank, according to reviews, are not to everyone's liking. Some simply underestimate the fact that it makes it possible to use the provided limit up to 120 days without paying interest.

Card conditions

There are no difficulties when applying for a Post Bank credit card, customer reviews testify to this. It is enough just to fill out a special form on the banking portal, spending 5 minutes on this procedure. The cost of the card is 900 rubles. Reviews about the credit card Post Bank "Element 120" frompeople who issued it say that a bank employee will offer a branch of the client’s choice, which is closest to him, to receive a card.

What does the client get by issuing the "Element 120" card:

• Each borrower is provided with a revolving credit limit ranging from 10,000 to 500,000 rubles.
• If all requirements are met, 120 days of using credit funds are interest-free.
• The card has additional protection for the safety of online purchases.
• The annual loan rate is 27.9%.
• The monthly minimum payment must be at least 5% of the amount that has been used, provided that the debt is partially repaid.
• The first year of using the card for the client is free, each subsequent year, you will have to pay 900 rubles for servicing a credit card.

ATM withdrawals are charged at the standard rate from day one.

Requirements for the borrower and additional opportunities

Requirements for a borrower to obtain a credit card Post Bank "Element 120", according to employees, are quite simple, you just need:

• Be at least 18 years old and have a passport.
• It is obligatory to have citizenship of the Russian Federation and registration in Russia.
• Availability of SNILS.

The Post Bank credit card, reviews of which we are considering, helps to save money abroad, receive various discounts, and interesting offers. Atcards have the following additional features:

• All purchases that were paid for with the "Element 120" card are insured for 3 months against theft or various damage.
• The guarantee for goods paid for with this card is exactly doubled.
• Cardholders traveling in a medical direction are provided with assistance: delivery of medicines, search for the necessary specialist, delivery to children's homes.

It is necessary to connect SMS informing and be aware of all the news, promotions, and also receive information about the account balance in a timely manner.

Applying Methods

To apply for a credit card, you must either visit a branch or apply online. The second method is much easier, you can use it at any time. According to customer reviews, the Post Bank "Element 120" credit card will be issued very quickly. You need to go to the bank's website, to the main page. There you need to select the window where it says "application online". Next, you need to perform simple actions:

• Fill out the proposed questionnaire.
• Wait 5 minutes.
• Get information about the exact address where you can pick up the card.

As you can see, everything is quite simple and fast, you just need to want.

How not to be deceived with a grace period

It is important for card recipients to know that the grace period only worksin the event that non-cash payments are made for different goods and services. Most people who leave negative feedback about the conditions of the Element 120 Bank Post Bank credit card mistakenly believe that it is only necessary to pay off the debt on time for the grace period to work. Actually it is not.

Mandatory amounts for payments are made every month on the date, which is the reporting period, determined by the date when the credit card was received. For this reason, even if the purchase is made a day before the reporting date on the card, in order to comply with the conditions of the program, it is required to deposit a mandatory amount on the day of payment. In this case, throughout the entire grace period, it will be possible to repay the debt without overpaying interest.

Features of using the card

After the customer has received a credit card, he must follow certain rules that relate to both the use of funds and the repayment of debt:

• Payment must be made every month, this can be done not only personally, but also entrusted to another person.
• It is allowed to deposit any amount into the account, not less than 5% of the total debt on the date to which the funds are deposited.
• You can replenish your card account with your own money. They can be paid both in cash and by transfer.

Post Bank is a developing institution that is gaining popularity and will soon become very popular.

Reviews

Post Bank credit card "120 days", reviews of which say that it is in demand, has more positive ratings. Clients note the speed of registration and low requirements for obtaining it. But some do not fully understand certain points, and consider the card unprofitable. Most people who have learned how to use the card in order not to overpay like the fact that it has such a long grace period. For 4 months, you can not pay extra interest, which is very convenient.

In addition, customers note the convenience of the mobile application and the large number of ATMs. This is convenient when you need to urgently withdraw cash. Another big plus is that by applying for a Post Bank "Element 120" credit card, you can be sure that it will most likely be approved. The rejection rate is very low, and young people who are barely 18 years old can apply for a card. The main advantage of this card is the revolving credit limit and the longest grace period to date in comparison with credit card rates of other Russian banks.