Reviews about the Alfa-Bank card "100 days without interest"

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

In the article, we will consider reviews of the Alfa-Bank credit card "100 days without interest." You should understand the features and conditions for the design of this product, based on the practical experience of people. The card is quite standard, its main difference from others is the extended grace period.

Product description

The person who has issued this product gets the opportunity to use the bank's loan funds for free, that is, without paying interest. At the same time, there is one main condition, which implies repayment of the debt in full before the end of the grace period, which expires a maximum of 100 days after the formation of this debt. In other respects, this is a standard credit card that has a renewable limit set by the bank.

Reviews about the Alfa-Bank card "100 days without interest" will bepresented at the end of the article.

Conditions

100 days - this is how much the grace period is on the card. That is, funds can not be returned for three months, and during this period no interest will be charged on the balance of the debt. The term starts from the date of purchase. In the future, the interest on the card will be from 24% per annum. The minimum monthly replenishment should be 5% of the total debt. The payment period is 20 days, for the violation of which a fine is charged - 1%.

Thus, if in the current month a person spent 30,000 rubles, then after 20 days he will have to report 1,500 rubles to the card. This is an undeniable requirement of this credit institution, and a fine is imposed for violation.

Limits and commissions

There are three financial limits available on the card, depending on the status of the card itself - 500 thousand rubles, 300 thousand rubles. or 1 million rubles. What are the conditions for withdrawing cash from an Alfa-Bank card "100 days without interest"?

Commission for withdrawal of funds ranges from 50,000 rubles. per month – 0%.

Activation

How to activate an Alfa-Bank card for 100 days without interest?

It is issued and activated completely free of charge, however, for its annual service, the client will have to pay 1190 rubles. No commission is charged for replenishing an account using other bank cards.

Myths and reality

Many people claim that this card has a record grace period, but this is not at all true, and this is the mostthe main misconception. For example, credit cards provided by Post Bank have a grace period of 120 days.

Indeed, this product from Alfa-Bank is quite interesting today for many users. Many people, after reading the conditions, immediately want to open such a card, especially since it has some interesting features that clearly distinguish it from other similar products. For example, a three-month grace period (today this is one of the best indicators, for other cards this time is up to a maximum of sixty days), withdrawal of funds without interest, replenishment from other bank cards for free. That is, the product is very convenient, according to reviews. More than one person has ordered an Alfa-Bank card "100 days without interest"

Monthly payment

In accordance with the agreement, the client is obliged to make a payment to his account every month in the amount of at least 5% of the debt. If he did not pay the amount for the grace period, this means that another interest is added here for the use of borrowed funds (from 24% per annum). If the client has not made purchases and there is no debt on the card, then he pays only 99 rubles for servicing a plastic card.

Reviews about the Alfa-Bank credit card "100 days without interest" are mostly positive.

No cash back

Lovers to accumulate bonuses from purchases that are later returned to the account in the form of cashfunds, you need to upset. On the credit card "100 days without interest" this possibility is not provided. Many customers consider this to be the main disadvantage of such lending, since cash-back services are quite popular today and are provided for in almost all products. At the same time, banks compete to see who can offer the highest interest, and so on. However, there is no such service for this credit card, which makes many refuse such lending and use the services of other institutions.

Reviews about the Alfa-Bank card "100 days without interest" confirm this.

Documents and requirements

In order to start the design of the product, you need to find out what requirements the bank has for the client. You also need to find out what documents for the Alfa-Bank card "100 days without interest" should be provided.

People in their reviews indicate that such requirements are pretty standard for any similar product. At the same time, the client's income is less important than age, registration, registration and the fact of employment.

The situation with documents is also not unique - the client will only need a passport, TIN, driver's license, compulsory medical insurance and SNILS. An income statement from the employer is not required, it can be easily completed using the main form of the bank, and the car registration certificate will be the best guarantor of the cardholder's solvency.

According to the reviews, the conditions on the Alfa-Bank card "100 days without interest" are quite acceptable.

How to apply for a card

Below is a step-by-step instruction, thanks to which you can learn about all the stages of opening and using a credit card "100 days without interest".

Step 1. Application for a card. The first thing you need to do to get it is to correctly form and send an application. This can be done via an internet request. Using this method, a preliminary questionnaire for this financial instrument is easily filled out on the portal of a financial institution. The applicant needs to fill in the basic information in a special form. This is:

• surname, initials;
• address;
• passport details;
• income information;
• job details;
• list of documents to be provided, etc.

It takes approximately 12 minutes to complete the questionnaire.

There are two more ways to apply:

• at the contact center by phone;
• in person, when visiting a financial institution.

Some people prefer to issue a credit card at the bank office with personal contact with an employee. At the same time, the consultant can immediately check all the submitted documentation required for final approval, which means that while waiting for the results of the preliminary review, the client has time to correct all identified violations.

Step 2. Waiting for a decision. It should be understood that the completed application is preliminary, which means that the decision for the client will also be preliminary. This takes approximately 5 days. If the application is eventually approved, the clientshould call, report the result and advise on the algorithm for further actions.

If the application is denied, the citizen must receive an appropriate SMS notification. The bank, as a rule, does not explain the reasons for the refusal. Pre-application re-application is allowed after 1 month.

Step 3. Concluding an agreement and receiving a credit card. Alfa-Bank enters into a loan agreement with the client, which is distinguished by an offer-acceptance form. When signing the application form, the client gives his consent to join the General Conditions with the issuance of the card. This document is freely available on the bank's website. All the advice clients usually hear about important documents applies to this document as well.

When issuing such a card product, you must first carefully study all the conditions of the loan and only then start filling out an application for issuing a card.

After issuing a plastic card and delivering it to the branch indicated in the application, the client only needs to receive and activate it.

Detailed user reviews about the conditions on the Alfa-Bank card "100 days without interest" will be considered at the end of the article.

Possible reasons for rejection

There is an opinion that credit cards are issued to everyone, but this is not entirely true. There are some reasons why a financial institution may refuse to issue a card to an applicant. These reasons include:

1. The borrower is under 18 years of age. The first thing the lenderdraws attention to the age of the recipient of the card. Only Russian citizens who have reached the age of 18 are en titled to issue an Alfa-Bank card "100 days without interest"
2. The client's income is less than 5000 rubles. The income of a potential borrower is also important to the lender. The minimum from which a financial institution is ready to consider an application for a loan for regional clients is 5 thousand rubles. For applicants from the capital, this level of earnings is slightly higher - from 9,000 rubles. The bank does not require official confirmation of income, but the provision of salary certificates can significantly increase the credit limit, which is set individually. If the client's income does not meet these requirements, he may wait for a rejection.
3. The client has been working at the same place for less than 3 months. The length of service of a potential credit card user is the next factor influencing the decision to issue it. The list of required documents does not include papers confirming it. However, if the applicant's work time is less than 3 months, then ordering a plastic card "100 days without interest" in this financial institution will not work.

How to use the Alfa-Bank card "100 days without interest"

To get the full benefits of this credit card and avoid unpleasant situations, only if you know how to use it correctly.

With this card, the borrower will be able to:

• exclude unauthorized access to cashfunds;
• receive reminders of the amount of money and the date of the required payment;
• control the balance;
• send various requests using special codes (for example, to block a card);
• find out the amount of bonuses and cashback that are accrued per month;
• receive important emails from the bank.

There are 3 ways to connect this service:

• directly at the institution's office;
• via ATM;
• via phone operator.

In the reviews of the Alfa-Bank card "100 days without interest" it is reported that it is important to monitor the grace periods. Most of the problems when using this credit card arises from a misunderstanding of the rules for applying the grace period. Be sure to control the end date of the new grace period and forget about the minimum payments. If such recommendations are neglected, all the advantages of the interest-free period will become unavailable to the client.

In addition, users are encouraged to opt out of unnecessary paid services. Bank employees who serve customers must conduct additional sales, which is always an integral part of their job responsibilities. Employees often offer to take out insurance, connect a mobile bank, etc. Before agreeing, you need to understand whether it is necessary and categorically refuse everything that is not interesting. This significantly saves the client's money, and he will not need to spend a lot of time studying these services, and subsequently paying additional pen alties and fines.

Reviews about the Alfa-Bank card "100 days without interest"

There are many different reviews on the map on Internet portals. There are equally many negative and positive ones. After analyzing more than 60 real customer responses on the most popular resources, we draw conclusions:

• positive reviews are left mainly by those customers who have carefully studied the terms of use;
• negative - those citizens who have no idea about the main nuances of these loan conditions.

The second category of card recipients is often dissatisfied with pen alties and fines that are charged to them by the bank for violating certain points and lending rules.

It is better to familiarize yourself with the reviews on the Alfa-Bank installment card "100 days without interest" in advance.