Description of MasterCard Business
- VISA Business and MasterCard Business have the best product we offer you to target your business to the dynamic way that the time required by you;
- The International revolving credit cards Visa Business and MasterCard Business with chip gives you guaranteed and secured access to your money 24/7;
- No issuing or reissuing fee after expiry date;
- The card is with both chip and magnetic stripe, ensuring maximum security and opportunity to use it at all ATM and POS terminals;
- The card is personal with unique number embossed on the face and the cardholder’s and the company’s name are embossed on it;
- Defined by the Bank spending limits;
- Receiving of information via SMS for transactions made in case the customer is subscribed for the service.
- The validity is 5 years and is shown on the card and expires at 24.00 of the last day of shown month.
- Credit limit validity period - 2 years.
Currency
- Bulgarian lev (BGN)
- Euro (EUR)
- United states dollar (USD)
Credit limits to the revolving credit card
- Minimum amount of 30 000 BGN or 15 000 EUR/USD;
- Maximum amount of up to 150 000 BGN or 75 000 EUR/USD for clients with history with the Bank less than 1 year
How does the Revolving credit card by UniCredit Bulbank work?
Grace period
- Up to 45 days grace period for transactions “Payments of goods and services”
- In case of full repayment of the total due amount up to 15 day of the month the client does not own interest on the utilized credit limit for purchases Each credit movement to the card account is regarded as a repayment of due amounts for past periods if there is such. If there is none it is regarded as increase to disposable balance to the credit card.
Interest rate on the utilized limit to revolving credit card
The interest rate is 1.60% monthly calculated on the basis of the utilized but not repaid part of the credit limit
Minimum repayment amount (MRA)
MRA is fixed and is 3% of the granted credit limit
Payment date
15 day of each month
Revolving credit card gives options when repaying the utilized credit limit
- Repayment of MRA or amount greater than the MRA directly to the card account
- Opportunity for automatic repayment through direct debit with other current account of the client with the Bank of the MRA or of the total due amount to the credit card
Operations with International debit card Visa Classic and MasterCard Standard
- Cash withdrawal – at ATM (always in local currency of the country in which the transaction is made) at POS terminal at Bank’s counter or imprinter
- Payment of goods and services at POS terminal at merchant outlets – in the country or abroad anywhere the Visa or MasterCard logo is displayed
- Payment of bills and services at ATM through B-pay system
- Balance inquiries (Visa Business – at ATM in Bulgaria and abroad)MasterCard Business – only at ATMs in Bulgaria)
- Inquiry for the last five transactions (only at ATMs in Bulgaria)
- Change of PIN code (only at ATMs in Bulgaria
And more
- Payment of goods and services at international internet sites. The data which you need to enter in the relevant fields in the internet site are your name, card number and expiry date. For confirmation of the transaction is entered the so called CVV2/CVC2 (card verification code). This is unique for each card 3-digit code which is displayed on the back of the card on the signature panel
- Payments of goods and services with the absence of the card (MOTO transactions):
