People more and more often began to apply to various financial organizations for a loan. Nobody wants to postpone the acquisition of desired things until later. We are not used to collecting and saving the population. It is much easier to get a credit card and spend money today. In our country, a large number of banks offer similar products.
Raiffeisenbank is the largest financial institution operating in the vastness of our homeland. This bank always offers a quality and competitive product. The bank’s employees have developed a whole line of various financial products, among which the “110 Days” card has recently appeared. She is quite capable of becoming a competitor for cards of other banks. The advertising slogan of this financial product is as follows: "Some people know how to wait." But you don’t have to wait long for the release of the card; registration usually takes no more than a few minutes. But the period during which the bank “waits” for the payment of the spent amounts is quite large - 110 days. Raiffeisenbank credit card (according to reviews) is a new product that has been issued under conditions that are most favorable to the cardholder.
Credit Product Description
This credit card belongs to the MasterCard payment system, supports PayPass technology, which involves making contactless payments using Apple Pay, Samsung Pay and Android Pay services. The interest rate outside the grace period is from 29% to 39% per year - not a small percentage, but in general does not go beyond the existing market. There is the possibility of issuing additional cards, the cost of servicing of which is 500 rubles annually. A loan at Raiffeisenbank is now very popular.
Opportunities offered by 110 days card
First of all, this is a high credit limit. In some cases, the limit on the card may be set at 600,000 rubles. Raiffeisenbank has more than 5,000 partners with whom it has established cooperation. They offer bank customers discounts when paying with a card for goods and services up to 30% of the cost. Further, one of the advantages is the zero interest rate set for a period of 110 days. If your expenses each month amount to more than 8,000 rubles, then the card will be serviced at the bank free of charge. The card is drawn up and issued on the day of the client’s request. Card holders have the opportunity to use online banking and mobile applications, managing an account online from anywhere in the world. Using modern technology allows for contactless payment. In addition, support advice is available around the clock. The consultants will answer any customer questions about Raiffeisenbank's 110-day credit card. Reviews on successful use of the card are already available in large numbers on the Internet.
Customer requirements
An applicant for a loan must meet the following parameters:
- The age limit is from 23 to 67 years;
- citizenship of the Russian Federation;
- the client must be registered in the region where the issuance of a credit card is planned;
- work experience at the last place of work should be at least six months;
- official employment, that is, according to the work book.
If you left a request on the bank's website, then after a while an employee will call you back and ask a few questions. They can be quite unexpected. For example, when you went abroad, do you own a car and which one. Then, if everything is all right and your answers were satisfied by the bank employee, you can go to the department to get the credit card itself.
What documents are needed to get a loan at Raiffeisenbank? More on this later.
We collect everything you need to get a card
The following original documents must be provided:
- passport of a citizen of the Russian Federation;
- 2-personal income tax for the last six months (the certificate is valid for a month);
- you may need a statement of income established by the bank form, which is filled out by the employer.
In addition, it is advisable to bring the following documents with you, which can significantly affect the size of the credit limit and interest rate:
- a foreign passport with a visa or stamp about crossing the border at least a year ago;
- Title to the car or a copy of the registration certificate;
- extract from the pension fund, drawn up through the website of public services.
You can also open a deposit of 100,000 rubles. At the same time, apply for a Raiffeisenbank credit card “110 days”. We will review reviews about it below.
Service Tariffs
The following tariffs are set for MasterCard Gold credit card “110 days”:
- when issuing cash at the bank's cash desk, ATM, currency exchange point, the commission fee is 300 rubles + 3% of the withdrawn amount;
- when withdrawing funds at cash desks and ATMs of other banks, the commission will amount to 390 rubles + 3.9% of the withdrawn amount of money (tariffs for a 110-day credit card can be specified on the website);
- Instant transfer will cost 3% of the transferred amount, and an additional charge of 300 rubles will be charged;
- SMS banking on the main card costs 60 rubles. monthly, for each additional card - 45 rubles. per month;
- for arrears you must pay 700 rubles .;
- getting an extended statement on this card costs 1000 rubles .;
- when making cash in the amount of up to 10,000 rubles. a commission fee of 100 rubles is charged. Over 10,000 replenishment is free.
If you fulfill all the conditions on a Raiffeisenbank credit card "110 days" set by the bank, the client can use cash for the specified period and not pay interest. To do this, you need to return the funds on time.
Grace period
Consider, for example, what constitutes a grace period. The bank card holder made a purchase paid non-cash in the amount of 30,000 rubles. September 7th. The first account statement will arrive only on October 6th. It will be agreed that until 27.10. the client must replenish the card in the amount of payment of 1,500 rubles. (5% of the amount spent). After you pay the specified amount, the amount of debt will be 28,500 rubles. In November, the 6th, the client will receive a new statement stating that until 27.11. the client must pay an amount of 1,425 rubles. (5% of the amount of 28,500 rubles.). The amount of the main debt will be 27 075 rubles. The client will receive the third statement on 06.12. It will indicate a mandatory contribution in the amount of 1357.76 rubles., It will be offered until 27.12. pay the full amount of 27,075 rubles. In this case, the loan will be considered fully repaid. After the extract received on December 6, and the entire payment is paid, the new grace period will be fully valid, which is 110 days without interest on Raiffeisenbank credit card.
Card usage
A purchase made with a card is considered to be payment for a product or service with the product "110 days" from Raiffeisenbank. When making online payments on this card, you must enter the card details.
It does not fit the concept of “purchase”: receiving cash through a bank cash desk or ATM, transferring it to one’s or another’s card, using an electronic wallet for card transactions, and also commission fees for completed transactions.
The credit limit on Raiffeisenbank's credit card is 110 days, as previously reported, 600,000 rubles.
Banking services for cardholders
Each month, the Bank sends messages to its customers about the movement of funds in the account to a telephone number. They indicate the amount of debt, the size of the obligatory payment and a mini account statement. In addition, the final message for the payment of the full amount of the debt is indicated in the SMS message. Of course, this is convenient, because the client always knows exactly when and in what amount he must make the obligatory payment.
How to use a 110-day credit card? This question interests many customers.
SMS notifications
The holder of the credit card receives regular SMS messages about all operations performed, as well as statements containing information about the status of the account, to his phone number.
Internet banking
The client can receive all the information not only by phone, but also in the sections of the Internet bank on the Raiffeisenbank website. For owners of smartphones there is a special offer R-Connect, which is an analogue of Internet banking, created specifically for mobile phones. In addition, you can get all the necessary information at the bank branches.
Raiffeisenbank Credit Card "110 days": customer reviews
The feedback from 110 days credit card holders is mostly positive. Of the benefits noted:
- high speed of processing credit cards;
- favorable terms of purchase;
- long grace period;
- the presence of online banking.
Clients, as a rule, use the card for cashless payments and try to return the money within 110 days. This allows you to use the funds and not pay interest. It is also noted that in the case of urgent purchases (for example, the refrigerator broke down), this is a very convenient financial tool that allows you to quickly purchase the right thing.
Cardholders also say that in other banks the grace period is usually 50 days, and this is a significant factor for many, which makes it possible to opt for Raiffeisenbank. In general, summarizing the feedback of the bank's customers about this product, we can draw the following conclusion: the card is convenient and practically safe for your budget, subject to the rules for use and timely repayment of the spent amounts.
At the same time, obtaining a Raiffeisenbank credit card "110 days" does not take much time.