2024 Author: Howard Calhoun | [email protected]. Last modified: 2023-12-17 10:16
With the advent of the economic crisis, banks began to introduce new financial products to attract more customers. Plastic cards have become especially relevant. But you won't surprise anyone with a standard credit line. Not everyone wants to overpay interest for using bank money. The most profitable credit card with a grace period is what the modern client needs. The most convenient conditions for individuals will be described below.
What is a grace period?
Credit cards today are offered by many financial institutions for free. At the same time, some give the opportunity to use the bank's finances on a preferential basis. That is, for a certain period of time, you can take money from the card and at the same time do not overpay anything. The standard grace period is 30-60 days. However, some banks go further and offer their customers to use funds without overpayment for 180-200 days.
Is it profitable to have a card with a grace period? This financial product is really easy to use. But it can be called profitable only in a number of cases. The fact is that most customers, tempted by a grace period, continue to use the loan after the end of the "interest-free" period. At the same time, you already have to pay a rather large commission for using a credit line.
Should I get a credit card? The decision can only be made by the client. And first, you should study the review of credit cards with a grace period.
Sberbank of Russia
Financial institution enjoys the greatest confidence from citizens. The bank also offers a credit card with a grace period. Cash withdrawal is carried out without interest at any ATM. Despite the fact that the grace period is not too long (only 45 days), there are always a lot of people who want to apply for a financial product. Numerous reviews testify to this. First of all, it attracts the amount of the credit limit. Depending on income, customers can receive up to 600 thousand rubles per card.
At the end of the grace period for the use of credit money, bank customers will have to pay a commission at the level of 25.9% per annum. The overpayment is calculated based on the amount of funds withdrawn from the card on the last business day of the month.
Vanguard
This bank is the most attractive when considering the grace period. Everyone has the opportunity to issue an account and receive a card of one of the international payment systems. At the same time, you can use the bank's finances on loyal terms for a long time. Credit cards with a grace period of 200 days are a unique opportunity to make any purchase without waiting for a salary. You can spend money in shops, travel agencies, entertainment complexes, etc. At the same time, it is not necessary to return the entire withdrawn amount to the card within a month. The minimum payment will be 10% of the outstanding amount.
How will you have to return the money after the grace period. The minimum payment will not change. It will be at the level of the same 10%. However, you will also have to pay additional fees. Avangard Bank offers to issue a credit card with a rate of 24% per annum.
VTB bank
VTB Bank offers several options for plastic cards. The difference will be in the provided credit line (from 300 to 900 thousand rubles). A credit card can be really beneficial. A grace period of 50 days makes it possible to make purchases at the expense of a financial institution and at the same time not overpay anything. At the end of the billing period, the rate for new bank customers will be 28%. Those who have been cooperating with a financial institution for a long time are offered more loyal conditions. At the end of the grace period, you will have to pay 22% per annum.
From VTB bank credit card is really convenient. Each client can attach up to 5 cards to their account absolutely free of charge, which is very convenient for family use. In addition, the financial institution has convenient Internet banking. To track the movement of the account, it is not necessary to contact the bank. All you need to do is go to your own online account.
Alfa Bank
This financial institution alsoa reasonably priced credit card is offered. The grace period is 100 days. Conditions after its completion: rate - 18, 99% per annum. Any client can get a credit line up to 300 thousand rubles and spend finances for any purpose. The amount that will appear on the card initially depends on the client's income.
The plus is that the Alfa Bank card can be replenished for free at any financial institution. Also, you can withdraw credit funds at any ATM. Unlike the product offered by VTB Bank, the Alfa Bank credit card is also a debit card. That is, the client can not only take funds from a financial institution, but also deposit his own funds into the account. In this case, interest will be charged on the positive balance.
Good reviews can also be heard in the Alfa Mobile application. This is a program for smartphones and tablets through which you can track the movement of your account, transfer money from a card, top up your mobile account, etc.
Promsvyazbank
A credit card with a grace period of 145 days is profitable and convenient. It is this product that Promsvyazbank offers. Its name is "Supercard". You can use the credit line absolutely free of charge for four months. Then you will have to pay the amount of debt at a fairly high rate - 34.5% per annum. Along with this, the bank offers a fairly large credit line. Depending on the official income, each client can receive up to 600 thousand to a credit account.
"Supercard" from "Promsvyazbank" helps to save. Customers who have issued a product automatically become members of the bonus program and can make purchases at a reduced price in stores that are partners of a financial institution. It will be really profitable to use the card if you return funds to the account during the grace period. However, 145 days after the withdrawal, unfortunately, the bet cannot be named.
At the request of the client, an additional card can be issued to the account absolutely free of charge for the use of loved ones.
Rosbank
This financial institution also offers to open a credit line. Any adult citizen of Russia with a permanent job can become a client. This product cannot be called the most profitable credit card with a grace period. However, Rosbank offers the largest credit line. Each client has the opportunity to receive up to 1 million rubles to his account. At the same time, within 62 days it will be possible to use money absolutely free of charge. In the future, the rate under the agreement will be 23% per annum.
The issued card belongs to the international system "Visa". Therefore, it is possible to withdraw money from ATMs around the world, pay for goods purchased on foreign sites. Rosbank also offers round-the-clock customer support. If the card has been lost or stolen, it can be blocked in a matter of minutes by callinghotline number.
Uralsib Bank
The financial institution does not offer the best credit card with a grace period, but the conditions will also please many. The limit can reach 500 thousand rubles. On loyal terms, credit funds can be used for 60 days. At the end of this period, the client will have to pay a commission at the level of 24% per annum. Interest is charged on the balance of funds withdrawn from the card on the settlement date (last business day of the month).
The Bank issues cards of the MasterCard payment system, which are equipped with a chip. This means that credit funds always remain under reliable protection. There is a guarantee that the money will not be stolen by scammers. If necessary, the account can be blocked at any time.
Yar Bank
Yar-bank also offers to issue a credit line. Its service is free. How to use the credit card grace period? On loyal terms, you can withdraw and deposit funds back within 55 days. Then the rate on the loan will be 25.5% per annum. The advantage is that a credit line can also be opened for those clients who do not confirm official income. That is, private entrepreneurs and freelancers can use the services of the bank.
Subject to confirmation of income, a Platinum credit card can be issued, the rate of which at the end of the grace period will be 24% per annum. To conclude an agreement, the client must provide a passport of a citizen of the Russian Federation, as well asidentification code.
Tinkoff
The financial institution offers a variety of beneficial products for individuals. A credit card may also be issued. Grace period, cash withdrawal at any ATM, convenient Internet banking - all this attracts customers. The duration of the grace period is 55 days. In the future, the client will have to pay for the bank's services at a rate of 23.99% per annum. A fairly large credit line can be called a plus - up to 700 thousand rubles.
A credit card from Tinkoff Bank is also a debit card. Those who plan to keep their own savings in the account can count on an income of 7% per annum. All account movements can be tracked in real time thanks to a convenient application for tablets and smartphones. A credit card can be used for online payments, for purchases in domestic as well as foreign stores. The data is protected by a strong security system.
Renaissance Credit
Each adult citizen of Russia who has a permanent job can use the services of a bank and apply for a credit line. Not the most profitable credit card with a grace period, but quite popular. The financial institution is trusted by citizens. Many seek to draw up a loan agreement here. At the initial stage, the client can be offered a credit line of up to 200 thousand rubles. In this case, the grace period will be 55 days, as in the previous case. Later on forthe use of credit funds will have to pay 24% per annum.
The minimum payment under the agreement, as in many other banks, will be 10% of the amount owed. The client will have to pay monthly until the 25th.
Should I get a credit card with a grace period? Such a financial product is really profitable if used wisely.
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