2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
Depending on the purpose for which the borrower needs funds, consumer lending is divided into several types. The most popular are:
- express loans;
- for urgent needs;
- to rest;
- for education;
- bail;
- credit cards.
We will talk about the latter in more detail.
What is a credit card?
A credit card is a plastic rectangle with a bank logo and a magnetic stripe, to which a customer's credit account is linked. All over the world, this banking product is a serious competitor to consumer loans. Such a card makes it possible to use bank funds to pay expenses up to a certain limit. Its size depends on the level of income and the quality of credit history.
In Russia, the Tinkoff credit card is very popular, which can be issued only on the Internet. If we talk about general statistics, over the past eight years, more than 130 million cards have been issued, mostwhich amounted to credit. This is not the limit yet. Today, there are an average of three cards for every person in the world.
The most popular payment systems in Russia are Visa and MasterCard. They allow you to pay for purchases, as well as withdraw cash from ATMs. As a rule, you can get a Tinkoff Platinum, electron, classic, gold and platina credit card. Each type has different conditions, tariffs and limits.
Almost all banks allow you to make more of the initial credit line after some time - from 3 months to one year. If during this time you make regular payments on the card, the bank will trust you even more and will provide a loan for a larger amount.
What features does the Tinkoff credit card have?
You can apply for a card on the Internet. In addition, any credit card has a number of advantages over cash. Money on a credit card is not subject to declaration when traveling abroad. In a foreign country with a card in your pocket, you don't have to worry about currency exchange, because international payment systems can make payments in any currency. Banks make their own conversion.
A credit card allows you to pay for almost all purchases and services. All this makes it possible to do this with a Tinkoff credit card - arrange a hotel room, pay for a phone call, dinner at a restaurant, plane tickets, and so on. At the same time, cardholders have the opportunity to participate inbonus programs from bank partners. It can be shops, airlines, clubs, and many others. Lotteries of various gifts are often held.
Having such a card, each client gets the opportunity to manage their accounts around the clock in any place. You can also issue an additional card to the account so that a loved one has access to it.
The most important advantage of any credit card is the grace period, that is, the time during which interest is not charged. In this case, if you use the funds carefully and observe discipline, and also manage to repay the entire debt during the grace period, then you will not have to pay interest at all.
How and where to apply for a credit card?
Absolutely everyone can apply for a Tinkoff credit card, but before providing this banking product, the bank checks the borrower. If you have an account, for example, a salary account, then the procedure will be carried out according to a simplified scheme.
In order to get a credit card with a minimum limit, you need to have official income. If it is not enough, then you can provide something as a pledge. All other requirements for cardholders are almost identical for all banks.
How can a credit card be issued?
There are several ways to issue credit cards. You can do it inbank branch, via the Internet, to receive when buying or in addition to another banking product. Let's consider each method in more detail.
Collect at a bank branch
In this case, you need to visit a bank branch, fill out an application and provide the necessary documentation. But this is not allowed by Tinkoff Bank. You can only apply for a credit card from this bank online. The bank considers the application and makes its own decision. This process can take from one to seven days. With a positive decision, a loan officer will contact you and tell you when to come for a ready-made card.
What are the advantages of this method?
- You can choose which bank to get a card from and learn more about the terms of credit.
- You have the opportunity to learn everything that interests you from the loan manager.
- The interest rate will be lower and the limit will be higher unlike other methods.
The disadvantages include the fact that it will take several days to collect documents and visit the bank.
Issuing a card in addition to another banking product
If you are a frequent customer of a bank and actively use its services, then maybe you will be offered a credit card. Another option is to send the card by mail. By the way, earlier, a credit card issued by Tinkoff Bank came. It was also possible to issue it on the Internet, but cards were also sent by mail without filing an application.
This card can only be issued to a client with an excellent reputation, that is, with a perfect credit history.
Disadvantages of this method
The disadvantage is that you can not put forward any of your own conditions to the bank. This is what characterizes the credit card issued by Tinkoff Bank. It can be issued only on the terms of the bank. In addition, you can not count on a large credit limit. But the client has the opportunity to significantly save his time, since the credit institution will have all your data, so you do not have to collect documents.
Getting as part of a promotion or with a purchase
In the battle for each client, banks use different tricks. An example is the Tinkoff credit card, which can be issued for participation in any promotion. For example, it can be offered as a gift for a purchase or just on the street. As a rule, such a card will be inactive, but it will have a small amount on its account. To activate, you need to contact the bank - call or register on the Internet, after which the card will become available. Of course, this is only if a positive decision is made to use the card.
This method is suitable for those who are simply too lazy to receive a card, or those who do not dare to do so.
Getting a card via the Internet
As we saidabove, you can apply for a Tinkoff credit card via the Internet. First you need to go to the site and fill out an application. Next, a manager will contact you, who will clarify all the information and inform you about the decision of the bank.
After approval, the card is delivered by mail or courier, it all depends on the city.
Tinkoff credit card: apply online. Reviews
You can find a huge number of reviews on the Internet and not all of them, of course, are positive. Not a single bank has only positive feedback about its work, because no one works without flaws. It is difficult to say whether this is a good bank or a bad one, since how many clients there are exactly the same number of opinions, but in general the institution works well and their service is at a high level. Some clients are not satisfied with the lack of offices, because there is no one to go to in case of unforeseen situations.
Some hidden conditions of Tinkoff cards
1. Features of receiving. It differs from other banks in the speed of consideration of applications and a high percentage of approval. In addition, cards are sent by mail.
2. Small limits. As a rule, the limit provided at the very beginning depends on the data indicated in the questionnaire and does not exceed the average salary. And in some cases, it may not exceed four thousand at all. You can increase the limit no earlier than after 6 months.
3. Withdrawal percentage. The grace period is valid only for non-cash payments. If the client takes cash, 3% + 390 rubles will be charged for the withdrawal.
4. Realinterest rate. Whatever tariff you have, the rate for non-cash transactions will be at least 25%, and for cash - 33%. If payments are made late, then 0.12% is charged per day, and 43.8% per year.
5. Minimum payment. According to the bank's tariffs, the minimum payment is 6% of the amount. This is a very small percentage, and it is not able to cover the principal, since the bank's interest is huge. As a result, if the client decides to close the card, then his last payment will be equal to the initial amount, if not more.
6. Pen alties. Late payments are charged at 0.2% per day. In addition, you still need to pay a fine of 600 rubles.
7. ATMs. Some payments through ATMs are just like a cash payment, and even with a commission.
8. Debt insurance. As elsewhere, the bank provides insurance, so 0.89% of the amount is deducted from the company to the insurer. By concluding a contract, you can refuse the service.
9. Service. The annual cost of the card is 590 rubles, and when the loan is repaid, the fee is still charged and interest is charged in case of late payment.
Conclusion
Whether or not to issue a credit card at Tinkoff Bank is up to you. To receive, fill out an application on the site, get approval, and that's it - you can use it. Most importantly, don't forget to pay off your debt on time.
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