Now many banking institutions offer their customers to issue a card. Each program has its own proposals. According to reviews, the Element 120 credit card from Post Bank is in demand among users due to its main advantage - a long grace period. Read more about it in the article.
About the bank
Pochta Bank was created with state participation in 2016 with the help of VTB and Russian Post on the basis of PJSC Summer Bank. For a short period of work, the institution has become in demand. The bank operates in the branches of the former Summer Bank and Russian Post.
People can meet customer centers, sales desks, POS points, partner banks. The Bank provides consumer loans, non-targeted cash loans, loans for education. Credit and debit cards are issued. Customers can make deposits.
General information
Among users, the Element 120 credit card from Post Bank has become popular. User reviews show that customers value the program for its benefits. It provides 120 days of grace period. But this rule does not apply to cash. It turns out that immediately after withdrawal, interest will be calculated. The credit card is universal, in addition to the usual options, the “Online Buyer” service is also available.
After connecting the service, users can make their online purchases with some advantages: receive a difference in cost if the product they bought is cheaper in another store. Customers can repair goods for free and send them to stores in case the option does not fit. A Visa Platinum purchase credit card provides 90-day purchase insurance, doubled product warranty, free assistance in other countries.
Conditions
Each loan product is subject to certain rules. The conditions for the Element 120 credit card from Post Bank are as follows:
- The grace period is 120 days.
- The limit is 10-500 thousand rubles.
- The rate is 0% in the first 4 months, and 27.9% for non-payment upon completion.
- Maintenance - 900 rubles / year.
- Action - 5 years.
- Payment per month - 5% +% commission.
The conditions for issuing the "Element 120" card are the same for everyone. Only upon compliance with them is a financial product executed. Credit card for purchases demanded by many people. Such benefits are not provided in every financial institution.
Getting
To obtain plastic, you must apply for a loan at the Post Bank. Customer requirements are as follows:
- Resident of the Russian Federation.
- Age - from 18 years.
- Passport of the Russian Federation.
- Registration.
- SNILS.
The application usually indicates personal data, contact information, information about income. Based on their analysis, a decision is made to provide a card. A loan application is considered in the Post Bank rather quickly, after which the client is notified.
You can issue an Element 120 credit card at Mail Bank in a simpler way if you apply online. To do this, you need to visit the official website of the bank, filling in personal data. The specialist will inform about further actions.
How to pay?
According to reviews, the Element 120 credit card from Post Bank is paid on convenient terms. It is important to make payments on time to prevent delays. To understand the principles of payment, one example should be considered. If you pay by card on August 24, then the interest-free period will be valid until December 24.
But the user needs to partially (at least 5%) pay the funds until October 24 and November 24. And with the end of the interest-free period, the amount must be paid in full, otherwise then interest will be calculated.
According to reviews, it is convenient to pay for the Element 120 credit card from Mail Bank in the following ways:
- Online payments on the site.
- With the help of bank branches.
- Transfer from cards of other banks.
- Via QIWI and Cyberplat.
- Thanks to payment terminals.
Depending on the payment method chosen, there may be different payment conditions. Some options charge a fee. Dates of admission are also different. It is more profitable to send funds through ATMs and cash desks of Post Bank.
Use
Immediately after receiving the card, you must activate it. To do this, you just need to check the balance at the ATM. After that, the product is ready for use. From the moment of issuance, a grace period lasts 120 days.
According to reviews, using the card is easy. It is designed to pay for goods and services. It is important to monitor the status of the account so that there is no delay. This is done using SMS banking and a personal account in the Internet bank.
Delay
Although the advantage for customers is 120 days without interest, there are other rules for using the service. In case of delay, a penalty of 20% per annum is charged for each day. For a long period of non-payment (more than 60 days), the bank may require full payment of the debt.
During the processing of the card, an additional service “Credit Information” is activated, which you cannot refuse. But you can do this after receiving the plastic. In the absence of delinquencies, it is not necessary to pay for it, but if they are available, you need to pay:
- 1 month pass - 300 rubles.
- 2, 3, 4 months - 500 rubles each.
Before issuing a card, it is advisable to take an interest in all possible nuances. Then in the future there will be no difficulties in use.
Credit Information
The conditions for issuing an Element 120 card require the inclusion of credit information. The service allows you to receive notifications of debts and methods of payment. It is provided no more than 4 periods of missed payment. The client needs to pay timely information and convenient ways to resolve the debt.
As you can see from the reviews, at least many people like this banking product, but there are also those who are dissatisfied with it. This is usually due to ignorance of the system. It is necessary to become more familiar with the conditions, requirements and nuances of the operation of plastic cards. Probably, the benefits will make the product convenient.
Bonuses and discounts
Since the card is in the Platinum category, it has all the privileges of Visa Premium. In this case, special conditions and discounts are provided, as well as bonuses, improvement of the class of service, insurance. The privileges include:
- Free shopping insurance. All products are insured against loss, theft, damage. The program is valid 90 days from the date of payment.
- Extended Warranty. For all purchases with a card, guarantees increase by 2 times. The maximum is 2 years.
- Free help abroad. In case of difficulties in another country with obtaining information about tax, visa, customs rules, health problems, specialist assistance is provided.
These advantages allow you to make comfortable and safe purchases. But they are not provided for all credit cards.
Online shopper
With this card you can connect the package "Online Buyer". Thanks to this service, Post Bank Bank plastic will be the best for shopping. This is due to the fact that with payment in online stores the buyer receives protection for the purchase, which is as follows:
- Price Guarantee. If the purchased item is cheaper in another store in the Russian Federation, a refund of the difference in value will be made.
- Free repair. If the purchased goods are defective, then the buyer will be paid for repairs or compensated for its cost.
- Free shipping. If the purchased goods have differences from what was ordered, then the return cost of the return shipment to the seller will be made.
This service is activated upon purchase of goods for 7,500 rubles or more. It is valid for 30 days from receipt of goods. Clients are provided with a mobile bank and Internet banking. The second service allows you to set 4 limits: for cash, expenses, operations on the Internet, for transfers to cards. It is possible to prohibit the implementation of procedures with other countries. The mobile bank has similar functionality. With it you can pay for services, make transfers, replenish the card, limits.
Thus, Post Bank provides profitable plastic cards. Registration of this service is fast. After receiving the client can use the funds, evaluating the benefits of a profitable banking product.