2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Tinkoff is a Russian bank specializing in providing remote services. The credit institution offers debit and credit payment instruments. The problem is that they can be used mainly in non-cash payments. It's all about the lack of a network of ATMs and cash desks at JSC Tinkoff Bank. Withdrawing cash from a credit card causes a number of inconveniences.
About the map
With the advent of Tinkoff Bank on the market in 2007, a new product became available to Russians - a credit card, for which it was necessary to leave a completed application form on the site or send it by e-mail. And today the credit institution offers a number of products with different benefits. The main one is the annual rate of 23.9% for withdrawing cash from an ATM. The commission is set for each client individually and depends on personal data.
Grace period of 55 days is another advantage provided by Tinkoff (credit card). The commission for cash withdrawal is debited immediately from the account. There is no grace period for this operation. But if the client manages to return the entire amount spent on non-cash payment for goods within the specified time, then you will not have to pay an additional commission.
Platinum card features
Any Russian citizen over 21 but under 70 can apply for a credit card with a limit of up to 300,000 rubles. All you need to do is fill out an online questionnaire and wait for a response in the form of SMS or email. Each plastic holder automatically becomes a member of the Bravo bonus program. 1% of the amount spent is transferred to a special account in the form of points that can be used to pay for train tickets and trips to restaurants.
Fixed amounts
Due to the lack of own service terminals, the commission for withdrawing cash from a Tinkoff credit card exceeds the market average. But on condition: if you do not go beyond the established limits. In this case, the costs will be minimized. On a credit card with a fixed limit of 3 thousand rubles. the fee for withdrawing more than the specified amount is paid to the owner of the ATM. Cardholders can part with money free of charge only if they pay for the goods without cash.
The Bank has set doubletariff: part of the commission is paid to the card issuer, and the second - to a third-party institution through whose ATM the funds are withdrawn.
Bank conditions
The conditions for withdrawing cash from a Tinkoff credit card are different in each credit institution. In Rosbank, in one approach, you can withdraw up to 29,999 thousand rubles without commission. The limit for one operation in VTB24 is 7.5 thousand rubles. In Sberbank, you can withdraw money from any card with virtually no commission. But in a day it will not be possible to cash out a large amount. This is a low interest fee. Withdrawing cash from a Tinkoff credit card at all other ATMs will cost the holder 2.9% + a fixed 290 rubles.
Other options
There is no commission at all for withdrawing cash from a Tinkoff credit card through ATMs with the MasterCard logo, subject to a one-time cash withdrawal of 3,000 rubles. For the withdrawal of a smaller amount, 90 rubles are charged, and for a larger one - 2%. You can withdraw cash from any ncr ATM. These are self-service terminals that are installed at crowded points: shops, cafes and restaurants.
Payment systems
In order not to lose the grace period, but at the same time cash out funds from the card, you can use the services of WebMoney, Yandex. Money or Qiwi. To complete the transaction, you will need a registered electronic wallet and a Tinkoff credit card. Cash withdrawal without commission is carried out in the following sequence:
- You need to link to the payment system through your personal accounte-wallet bank card.
- Send the necessary amount to the virtual account via Internet banking. It will take 5 minutes to complete the operation, and the fee for debiting funds will be 2%.
- The last stage is the withdrawal of funds from the payment system to the card of any bank. For transferring money via WebMoney you will have to pay 0.8%, Qiwi - 1.5% of the amount
Operations to transfer funds to an electronic wallet are regarded as payment for goods. Such transactions have a grace period, a minimum commission and time costs.
Foreign currency transactions
If during a trip abroad it became necessary to withdraw funds from a credit card, the ATM will issue USD or EUR, and the amount will be debited from the account at the exchange rate. You must first notify the bank through your personal account that you are abroad and you will need a Tinkoff Platinum credit card. Cash withdrawals can be free, provided that the amount is $100 or EUR or more at a time. If the amount of the transaction is less, then a commission of 5 USD/EUR is paid. At the same time, there are monthly limits of 10 thousand, for exceeding which an additional 2% of the amount will be charged.
Preparation
As mentioned earlier, Tinkoff cards can be used anywhere in the world. You just need to make changes to the settings. To do this, you need to log in to the Internet bank, select the "Settings" section"Operations", indicate the country of departure and the duration of stay abroad. You can withdraw funds abroad through any ATM.
Restrictions
The set limits for cash withdrawals from the Tinkoff credit card can be adjusted through your personal account. It is very comfortable. You can, of course, activate the SMS-bank service for 39 rubles per month and receive reports on all card transactions. But you can ensure the safety of funds in another way - by setting a limit on cash withdrawals from a Tinkoff credit card. Restrictions apply to all transactions, including non-cash payment for goods within a day. Even if an attacker takes possession of the card and the PIN code for it, he will not be able to withdraw more than the established limit per day. And you don't have to worry about online transactions at all. To confirm any payment, you need to enter an SMS password.
Limits
A maximum of 100 thousand rubles can be withdrawn from one account per day. The maximum limit is not set immediately. First, the client submits an application to the bank. The security service handles it. And at the first stage it provides, for example, 50 thousand rubles. The bank must verify the solvency of the new client. Active users who constantly use a credit card to pay for goods and services, repay their debts in a timely manner, have a chance to increase the limit to 300 thousand rubles in a short time. The increase can be carried out several times a year, but only 4 months after the signing of the contract.
User Secrets
Debt on the card must be repaid at the agreed time and in certain places. In order not to overpay the commission, you should cooperate with partners of Tinkoff Bank. There are only three of them: FSUE Russian Post, Contact system and Qiwi. Through the terminal of the last partner, you should not deposit more than 15 thousand rubles for one operation, since the commission for such transactions is doubled. Amounts over 600 thousand rubles. credited to the account within a week. If you transfer very small amounts (up to 500 rubles), then a commission of 3% is charged. Through the Russian Post, you can send up to 500 thousand rubles. The transaction will be processed for three days. The Contact payment system has not set limits on account replenishment. Funds are credited instantly.
What is the point of cashless payments?
After analyzing all the described restrictions, we can conclude that it makes no sense to use a card for cash payments. And indeed it is. Any credit card is intended primarily for paying for purchases by bank transfer. To perform this action, just use the terminal. So that customers use the card exactly for its intended purpose and these restrictions are introduced. Cashless payment for goods saves time and money.
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