Rules for using a Sberbank of Russia credit card

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

The current or future holder of a Sberbank credit card needs to know what points you need to pay special attention to when using and receiving it. When contacting the information support service of a bank or a bank branch, it is difficult to get an answer other than a recommendation to carefully read the rules for using a Sberbank credit card. Feedback from users makes it clear that these rules are far from being as transparent as we would like. But what exactly are the pitfalls that the average cardholder has to face?

Grace period: myth or reality

Item 2 of information - terms, rules for using a Sberbank of Russia credit card. A grace period is a period during which interest is charged on preferential terms. Perhaps this is the most tempting thing in "plastic". After all, this is the middle dream of a Russian person - a freebie. In fact, free cheese is only found in a mousetrap, and funds, albeit after fiftydays, but still have to be returned. Otherwise, interest for the entire period from the very moment of the purchase will be accrued in one day. In addition, you should not flatter yourself too much about the term, because the maximum term for preferential lending for a bank client is only one day a month. So, again: what do you need to remember in order to use the bank's funds for free? The first rule is never to withdraw funds from the card in cash. This is confirmed by customer reviews. The grace period does not apply to such transactions. The next important point is the timing for depositing funds. It is extremely important to pay attention to this point too, because. The untimely deposited amount is equated by the bank to the completely missing amount. The due date always starts from the date of reference and is twenty days. That is, a bank client whose card account was opened on the first day will always pay on the twentieth. If the card was received after the tenth day, then the date will always be different, depending on how many days there are in the current month.

Cash withdrawal

Sberbank credit card terms and conditions mention cash withdrawals twice. First, in the terms section, which indicates that the grace period does not apply to such operations, and the very next day after cash withdrawal, interest will begin to accrue on their amount. It is calculated on the basis of: the annual interest rate divided by 365 days a year and multiplied by the withdrawal amount, including a one-time cash withdrawal fee.

Second time- in a paragraph describing what the commission for cash withdrawal is and how much it is. In fact, this is just a fee for the fact that the bank agreed to cash out funds from a credit card. If you use self-service devices of the issuing bank for withdrawal, it will be 3% of the amount, but not less than 390 rubles. That is, if the client wants to withdraw the last hundred rubles that remain on the card, he will not be able to do this, because. there are not enough funds on his account to pay the transaction fee. Strangely enough, it is also impossible to receive funds through a bank employee with a passport. However, as well as the transfer from this card to some other one.

Payment system cards and transactions in foreign currency

There is another small nuance that should be taken into account before receiving a card, or rather, before filling out an application for its issue. This question will be important for those who plan to carry out foreign currency transactions on the card. To do this, contrary to popular belief, there is no need to travel abroad, many purchases are made on the Internet. And here it is very important to choose the right payment system for the card.

This information cannot be found even if you wanted to, even if you read the rules for using a Sberbank credit card from beginning to end. MasterCard is an international payment system that operates in two hundred and ten countries around the world. "Visa" is also a payment system, but American. The main currency of the system"Visa" is the dollar, and the "Mastercard" - the euro. Having a Sberbank ruble credit card and paying for it in a currency other than the currency of the account and payment system, the client loses funds on a triple over-conversion - first into dollars or euros, and only then into rubles. Therefore, in Europe it is more profitable to pay with a Mastercard, and in the USA - with a Visa.

Credit limit value

In this sense, the rules for using the Sberbank Credit Momentum credit card are somewhat different. At first glance, the card has some advantages, and absolutely no disadvantages: you can get it on the day of application and, without wasting time, start using it immediately after setting the credit limit. In addition, your data is not indicated on the card, which means that even in case of loss, third parties cannot try to use the funds available on it on the Internet.

But do not forget about the restrictions associated with this card. The first of these is the maximum credit limit set on the card. If for a regular credit card it can be up to 600 thousand rubles, then for Credit Momentum cards it can be only up to 120,000 rubles.

Features of operations

The next point is related to the peculiarities of conducting transactions with cards of this type. So, for many, it may come as an unpleasant surprise that the operation of issuing cash in third-party banks using Credit Momentum cards is not performed. BUTthis means that the use of these cards for cash withdrawal or deposit operations is not available on the territory of the Republic of Crimea, where Sberbank branches have not yet been built and ATMs have not been installed.

If a client often has to make transactions on the Internet, then he will be interested to know about another limitation in using Momentum cards. Operations for paying for goods and services via the Internet are carried out in 3D Secure mode, which means that for each operation it is necessary to use a one-time password, which is sent to the phone number connected to the mobile bank.

Securing funds with 3D Secure

This is an attempt by the bank to additionally make sure that the payment is made by the cardholder. 3D Secure is not an absolute protection of money on the card during transactions without using a card, for example, a one-time code can be intercepted by computer viruses. However, the system makes it possible to reduce the risk of the client's financial losses, at least in cases where the active card or the data indicated on its front and back sides simply fell into the hands of a third party. Whether this is a disadvantage or an advantage - everyone can decide for themselves, but it is important to remember that not every site is ready to provide such a degree of protection. This means that not all online purchases will be available.

These features apply to debit cards too, but in order to fully understand how to properly use the product under discussion, it is best to mentally include this information inrules for using a Sberbank credit card.

Annual maintenance fee

Even if the client carefully read the rules for using a Sberbank credit card, the Gold Card Master in his tight wallet proudly gleams with gold every time he looks at it and nothing portends trouble, there is a possibility of an unpleasant surprise. Because the reviews report: more and more often you may encounter a situation where one fine day the card account suddenly becomes three thousand rubles less. Of course, thoughts about the worst come to mind first of all - about scammers and robbery. We have to block the card and start collecting documents for contacting the police. But then it turns out that the bank simply withheld a commission for servicing a bank card. When asked where such a commission comes from, the answer remains the same: it was necessary to carefully read the rules for using a Sberbank credit card. Indeed, when there is an urgent need to make some kind of purchase, and there are not enough funds on the account, the credit card seems a good option. At such moments, it is rarely necessary to think about what commission the bank will withhold for its services. The amount of the annual service fee differs for cards of different classes. So, for example, accounts of instant issuance cards and those cards of the "Gold" class that are issued under a pre-approved offer will be maintained by the bank absolutely free of charge. Standard card, usually grey, Master Card Standard or VisaCassic will cost 750 rubles in the first year of use, and 450 rubles each in subsequent years.

Rules for using a Sberbank credit card: psychological aspect

The analysis of the main aspects and difficulties that a person has when studying the document “Rules for using a Sberbank credit card” has come to an end. The bank offers to leave feedback and suggestions on the official website in the feedback column.

The last thing I would like to note is the psychological aspect of using credit cards. It was perfectly described in a cartoon sketch where a certain character pays interest on his cards, like a tithe to a church or a tax. And, in fact, it is not entirely clear what exactly he pays for. After all, the sofa that he bought with the help of the card broke down a long time ago and vegetates in a landfill. And the amount of the total debt on the credit card is the same, because you don’t want to pay five thousand a month to completely close the line of credit, when a good bank favorably allows you to pay only one and a half. And someday it will be possible to close the card later, now it would be necessary to deal with pressing issues.