Credit card of Bank Post Element 120 has a lot of advantages, and it can be called universal. It is quite simple to issue a credit card, and everyone can use a credit limit for different purposes, there are no restrictions. The conditions of the card make it possible to make purchases on the Internet, in stores, to pay with plastic in any shopping centers and withdraw cash from ATMs. The terms of the Element 120 credit card by Post Bank, according to reviews, are not to everyone's liking. Some simply underestimate the fact that it makes it possible to use the provided limit for up to 120 days without paying interest.
Card Terms
There is no difficulty in issuing a Post Bank credit card , customer reviews indicate this. Simply fill out a special form on the banking portal, spending 5 minutes on this procedure. The cost of the card is 900 rubles. Reviews on a credit card Bank Element 120 Mail from the people who issued it say that the bank employee will offer a branch to choose the client to which he is closest to receive the card.
What does the client receive when processing the "Element 120" card:
- Each borrower is provided with a revolving credit limit, the amount of which is from 10 to 500 thousand rubles.
- Subject to all requirements, 120 days of using credit funds without interest.
- The card has additional protection for the safety of purchases over the Internet.
- The annual loan rate is 27.9%.
- The monthly minimum payment must be at least 5% of the amount that has been used, provided that the debt is partially repaid.
- The first year of using the card is free for the client, each subsequent year, for servicing a credit card, you will need to pay 900 rubles.
Cash withdrawals through ATMs are paid at the standard rate from the first day.
Borrower requirements and additional features
Requirements for the borrower to receive a credit card Post Bank Element 120, according to employees, are quite simple, just need:
- Be at least 18 years old and have a passport.
- It is mandatory to have Russian citizenship and registration on the territory of Russia.
- Availability of SNILS.
Credit card Bank Post, reviews of which we are considering, helps to save abroad, receive various discounts, interesting offers. The card has such additional features:
- All purchases that were paid with the Element 120 card have 3 months insurance against theft or various damages.
- The guarantee for goods paid with this card increases exactly 2 times.
- Card holders traveling in the medical field are provided with assistance: delivery of medicines, finding the right specialist, delivery to the children's home.
It is necessary to connect SMS-informing and be aware of all news, promotions, as well as receive information on the account balance in a timely manner.
Application Methods
In order to apply for a credit card, you must either visit the department or apply online. The second method is much simpler, you can use it at any time. According to customer reviews, credit card Post Bank Element 120 will be issued very quickly. You must go to the bank's website, on the main page. There you need to select the window where it says "online application". Next, you need to perform simple steps:
- Fill out the proposed application form.
- Wait 5 minutes.
- Get information about the exact address where you can pick up the card.
As you can see, everything is quite simple and fast, you just want to.
How not to be deceived with the grace period
It is important for card recipients to know that the grace period only works if non-cash payments are made for different goods and services. Most people who leave negative feedback on the conditions of the Post 120 Bank Element credit card mistakenly believe that it is only necessary to repay the debt on time in order for the grace period to work. This is actually not the case.
Mandatory payment amounts are paid every month on the date that appears in the reporting period, determined by the date the credit card was received. For this reason, even if the purchase is made a day before the reporting date by card, in order to comply with the program conditions, it is required to pay the required amount on the day of payment. In this case, during the entire grace period, it will be possible to repay the debt without overpaying interest.
Card Usage Features
After the client has received a credit card, he needs to follow certain rules that apply to both the use of financial resources and debt repayment:
- Payment must be made every month, this can be done not only personally, but also entrusted to another person.
- It is allowed to deposit any amount, not less than 5% of the total debt on the number into which the funds are deposited.
- Card account can be replenished with your own money. They can be paid in cash or by transfer.
Post Bank is a developing institution that is gaining popularity and will soon become very popular.
Reviews
Credit card Bank Post "120 days", reviews of which say that it is in demand, has more positive ratings. Customers note the speed of registration and low requirements for its receipt. But some did not fully understand certain points, and consider the card unprofitable. Most people who have learned how to use the card in order not to overpay like the fact that it has such a long grace period. For 4 months you can not pay extra interest, but it is very convenient.
In addition, customers note the convenience of the mobile application and a large number of ATMs. This is convenient when you need to urgently withdraw cash. Another big plus is that by submitting an application for receiving a credit card Post Bank Element 120, you can be sure that it will most likely be approved. The failure rate is very low, and young people who are barely 18 years old can draw up a card. The main advantage of this card is a revolving credit limit and the longest grace period to date in comparison with credit card rates of other banks of the Russian Federation.