Refinancing a Sberbank credit card in another bank

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

"Credit card" requires the owner of a fairly serious financial discipline. For most, it is tempting to make an unconscious purchase. It can be quite difficult to return the money borrowed, because there is no exact set amount of monthly payments for such cards. On-lending programs help reduce credit burdens. In the article, we will consider where you can refinance a Sberbank credit card.

Why is it recommended to refinance cards in other financial institutions?

Sberbank credit card refinancing is used for specific purposes, for example:

• Lower monthly payment.
• Cutting interest rates.
• Combining several loans into one at once.

Most modern financial institutions offer customers cards withgrace periods. This means that if the debt is repaid quickly within a short period of time, no interest will accrue. However, in the event that the borrower does not have time to return the money on time, a rather high rate will be accepted in relation to the loan. Moreover, in most situations, interest accrues from the moment the funds are withdrawn. In this case, card refinancing helps to optimize the burden on the expenditure side of the budget.

This procedure can be useful even when the card was issued a long time ago. In this situation, most likely, the borrower will be forced to pay huge interest. Given that in most examples banks do not set monthly payments, many holders of such credit cards contribute a small amount as part of the loan payment. Subsequently, they wonder why the principal debt is not reduced. In fact, the deposited funds are barely enough to pay the interest.

Regardless of the purpose for which refinancing is planned, it is important to calculate any costs of the procedure with the benefits of it. Only after comparing the results of the calculations can one say with certainty whether it is profitable to apply the proposal under consideration. Next, find out in which of the financial institutions it is worth refinancing a Sberbank credit card.

Refinancing offer from Alfa-Bank

"Alfa-Bank" is invited to refinance credit cards and other loans. In this case, up to five contracts can be combined, provided that their tot althe amount will not exceed three million rubles. If necessary, you can receive some of the funds in cash and spend on personal needs.

The rate starts, as a rule, from 12% per annum, which is significantly lower compared to many credit cards in other structures. At the same time, its size is not affected by the execution of an insurance policy. Absolutely all payroll clients will be able to count on the lowest possible rate.

The registration process is simple. It is enough just to leave an application on the official website and, after waiting for a preliminary decision, go to the bank with the original documents. After receiving the loan will be transferred to the payment of refinanced funds. When they are closed, you need to get a certificate of debt repayment.

Where else can I refinance a Sberbank credit card?

Offer from Raiffeisenbank

In "Raiffeisenbank" you can refinance up to four credit cards. At the same time, the rate starts from 12% per annum, and the maximum repayment period can reach 60 months. Clients are given the opportunity to receive part of the funds in cash. In this case, the amount of the loan issued should not exceed two million rubles. A distinctive feature of the program is not only favorable conditions, but also the complete absence of the need to obtain permission from the current creditor for the possibility of refinancing.

It is important to keep in mind that this financial structure will require confirmation of the repayment of loans that have been claimedfor refinancing. During the quarter, information about the complete closure of the loan must appear in the credit bureau, or the borrower can bring the appropriate certificate. In the event that this is not done, the rate will increase by as much as 8 points.

Now let's find out what Tinkoff Bank offers to refinance a Sberbank credit card for an individual.

Refinancing at Tinkoff Bank or 120 days without interest

The balance transfer service is a type of refinancing developed by Tinkoff Bank. Debts on any credit cards, including Sberbank, can be transferred to this organization. At the same time, the amount of refinancing is limited by the limit set for the client on the Tinkoff card. For those who do not have a card, it is enough to leave an application online and get the necessary consent on it.

Reverse refinancing of the Tinkoff credit card in Sberbank is also being carried out.

If the program is applied, the client can return the debt to this bank within 120 days without any interest. The only condition is to make a monthly payment of at least 6% of the amount owed. This approach to the refinancing procedure allows not only to reduce the overpayment, but also to completely get rid of interest in the first four months.

Do they refinance a Sberbank credit card at VTB?

Favorable refinancing at VTB Bank

In this financial institutionyou can refinance a credit card from Sberbank to those who pay their loan in good faith. The service is provided practically without refusal to those who have been servicing a credit card for more than twelve months. At the same time, it is important that no new loans have been issued for a person in the last six months.

VTB 24's offer to refinance a Sberbank credit card allows you to combine up to six loans at once. The rate starts from 12.9% per annum. To participate in the program in question, it is first of all recommended to apply on the official website. In the event that it is approved, you must bring the following documentation to the office for refinancing:

• passport along with a copy of a valid loan agreement;
• certificate of the balance of the debt;
• certificate of SNILS;
• income confirmation (certificate);
• work book.

Refinancing of credit cards in Sberbank for individuals is also provided.

SKB Bank

Compiling a list of profitable banks this year that refinance Sberbank loans, it is impossible to ignore this structure. Even though this organization is less popular than most of the above and offers higher rates, it has a huge advantage. Here you can combine up to ten cards and credits into one.

This option is suitable, first of all, for those who managed to pick up a large number of loans and now navigate them with great difficulty. The important condition is this: the total amountrefinanced debt should in no case exceed 1.3 million rubles.

The refinancing program rate is set at twenty percent per annum. They must be returned within five years. In this case, early repayment is allowed without any restrictions. Those with insufficient income to receive the required amount will be able to attract a co-borrower.

Uralsib Bank

This institution offers to refinance various loans, including credit cards of Russians aged twenty-three to seventy. One of the best offers has been developed here, because there are simply no restrictions on the number of loans to be combined.

The interest rate is also quite favorable. It starts from 14.5%. If you refinance a credit card using such an offer, you can significantly reduce the overpayment. If you need not only to refinance, but also to borrow certain amounts of money, then the bank will issue it by transfer to an account or in cash. For the convenience of paying and tracking debts, it is proposed to connect to an online bank. Consideration of the application is carried out, as a rule, within one day. Next, let's move on to reviews on refinancing a Sberbank credit card.

In Sberbank, judging by customer reviews, credit card conditions are quite good, but in some cases it is required to refinance. What do people say about it?

Reviews

Experienced clients in their reviews are advised to check with the bank that provided such a service as refinancing whether it is worth closing a credit card. It is reported that in most situations, borrowers receive an affirmative answer to this question. This is explained by the revolving of credit limits. In other words, using the card, its holder has the right to withdraw funds again after depositing funds on it.

Even in situations where the bank does not force you to close the card and it only needs a certificate of depositing funds, customers are advised in the reviews not to neglect the possibility of refusing credit plastic. In particular, this applies to long-formulated and therefore very unprofitable payment instruments. Closing them will make it possible to completely get rid of the temptations to use other people's money again.

Conclusion

We examined how the refinancing of a Sberbank credit card in another bank goes. In fact, the final decision on where and how to refinance a Sberbank credit card is made by each client solely on his own. The main thing is that it should be as balanced as possible, and the savings from such a procedure should be correctly calculated.