In recent years, credit cards of various banks have become very popular among the population. They gained such popularity, because the majority of the population make the desired purchases at any given time. Finding the right amount at once can be difficult. Pochta Bank started offering its lending services relatively recently, but is already popular. Let’s take a closer look at the Element 120 credit card from Post Bank.
general information
Post Bank is a fairly young financial and credit organization. It was founded only in 2016 and is a subsidiary of VTB Group. PKU arose through the combination of the financial institutions “Summer Bank”, which was also part of the VTB group, and Russian Post. At the moment, Post Bank is a retail PKU with state support.
Branches of the organization are located in the offices of the previously existing Summer Bank and in some post offices.
The bank offers the following services:
- Issuance of consumer loans to the population.
- Registration of credit cards.
- Issue of debit cards.
- Registration of deposits and deposits.
Product Information
The Element 120 card from Post Bank receives favorable reviews from the owners. There is not much time, but many people have already managed to use it. So what is this map?
Its distinctive feature is that it has a grace period longer than that of its main competitors. It is 120 days, which is reflected in the title. During this period, the cardholder can use credit money without interest. But this is only possible with timely payment of all minimum payments.
An individual credit limit is set on the card. It ranges from 10,000 to 500,000 rubles.
Terms of Service
On the Element 120 card from Pochta Bank, the terms of provision are very loyal. To become its owner, it is enough to fulfill some requirements of the lender:
- Be a citizen of the Russian Federation.
- To live in one of the regions where there are bank offices.
- Have a permanent residence in Russia.
- The borrower must be at least 18 years old, but no more than 70 years old.
- Have a permanent source of income (it can be a salary or a pension).
- Work experience at the current place of work must be at least three months.
- Must have a personal and work phone number.
If you study customer reviews on the Element 120 card from Pochta Bank, you can conclude that getting it with a positive credit history is not difficult.
Required documents
To receive the Element 120 card from Post Bank, the conditions are simple and understandable to everyone. Now let's see what documents are needed in case of a positive decision on the application. The borrower will need to provide the original passport of a citizen of the Russian Federation. In addition to it, an additional document may be required at the client’s choice:
- SNILS.
- INN
- Driver's license.
- International passport.
- Pensioner's ID.
- Military ID.
- Title to the vehicle.
- Certificate of ownership of real estate.
- Bank salary card.
An employee of PKU may request a statement of income in the form of 2-NDFL from a potential borrower in rare cases, for example, if he wants to get the maximum credit limit. This certificate will be a guarantee of customer solvency.
How to apply?
Consider how the process of obtaining a credit card begins. To apply for an Element 120 card from Post Bank, you must visit any office of a credit institution or use the Internet. The latter method is the simplest and most convenient for a potential borrower. It saves time, because the application can be made from any device that has Internet access, even from a smartphone.
To submit an online application, a potential borrower needs to go to the Bank Post personal website. There, customers will see a menu item called "online application." Next, click the "credit card" section. It sets the desired limit on the card. Next, fill in all the necessary fields in the loan application. The questionnaire is sent to the bank for further decision on it.
As a rule, an SMS message with a response arrives within a few minutes. If the decision is positive, the bank employee contacts the client to clarify issues on the card.
Many respondents mention the simplicity of processing the Element 120 card from Post Bank in their reviews.
Tariffs and cost of service
I would like to immediately draw the attention of potential borrowers to the fact that the issuance of a card is not free. She is nine hundred rubles.
The limit on the card is set individually ranging from ten thousand rubles to 500 thousand. The amount is affected by many factors from the personal data of the borrower.
The monthly payment is 5% of the principal loan debt, plus interest and commission fees.
The annual rate on a credit card is 27.9%. During the grace period, which lasts one hundred and twenty days, interest on the use of cash is not charged.
For cash withdrawals from the card, an amount of 5.9% of the amount or from 300 rubles in third-party ATMs will be charged.
Starting from the second year, a service fee is charged for using the card. It is 900 rubles per year.
Reviews on the “Element 120” card from “Post Bank”
This credit card is a new product in the financial services market and has not yet managed to show itself completely. As with any other product, about the Element 120 card from Post Bank, reviews were divided into two groups. Most owners consider it an excellent solution for shopping and paying for services, since the grace period is quite long. In addition, positive reviews mention the following advantages of the card:
- The minimum package of documents required to apply.
- No commission for withdrawing own funds from the card.
- Reasonable annual maintenance fee.
- Age category (from 18 to 70 years).
- The presence of additional bonuses for using the card.
The dissatisfied part of the customers claims the bank for a high interest rate on the loan. It begins to accrue at the end of the grace period. In addition, many customers are unhappy that some basic services, such as a mobile bank and changing a PIN code, are not free. Not every customer can easily figure out how to use the grace period on the card. This also leads to negative reviews.
The reviews about the Element 120 card from Pochta Bank are too different, so it’s difficult to give a definite assessment.
How to replenish?
Let's consider how to make basic financial transactions using this credit card. You can replenish the card, as well as make a minimum payment or pay off debt without a commission, at any of the Bank's ATMs or directly through the cashier at the branches. In addition, this can be done via the Internet card of any third-party bank. However, in this case, the commission may be withheld by the bank from whose card the transfer was made.
On the Internet you can find a lot of good reviews about “Element 120” from “Post Bank”. How to pay with it for various services and purchases, some respondents also write in detail.
How to cancel a card?
Closing a credit card does not cause difficulties even for those who are using this service for the first time. To do this, you must submit a written application to any of the bank's branches. It is also very important to pay off all existing loan debt in full. The exact amount of the debt will help to calculate the employees of a financial organization.
About the personal account of Post Bank
When applying for a credit card for each potential borrower, a personal account is formed in the Internet bank. It is convenient to track completed transactions, as well as receive information about the need to make the next payment.
For owners of smartphones there is a mobile application "Mail Bank". In it, the client will be able to get all the information of interest on their own and credit funds, make payments via the Internet, disconnect and connect any additional services.
In addition, the client can contact at any time of the day on a matter of interest a telephone hotline - 8 (800) 550-07-70.