Description of MetroPlus
- METRO Plus card is a convenience for you and your employees for shopping in all METRO stores in Bulgaria, without cash and with financing by UniCredit Bulbank;
- UniCredit Bulbank provides METRO Plus revolving business credit card to small, medium and big enterprises, traders, according to the Trade Law, which are clients of METRO and have current account in the Bank. The card holders should be individuals – presenting or/and managing the entity, or employees, empowered by the legal entity, or freelancers.
- The credit limit on the METRO Plus card is purposeful and is granted solely for purchases in METRO merchant outlets.
- METRO Plus cards can be used in all merchant outlets of METRO in Bulgaria in their working time – for Sofia, Varna and Burgas – from 00:00 to 24:00 h., for all remaining Bulgarian cities and towns– from 06:00 to 24:00 h.;
- The card is personal, with unique number, printed in its front, with the name of the owner and the entity written on it;
- METRO Plus card operates solely via the card and accounting system of UniCredit Bulbank. The card transactions are realized through terminals, installed at the cashiers of METRO stores and are confirmed by insertion of PIN code;
- The validity of the card is 2 years and is printed on its front side, as it expires in 24:00 h on the last day of the the printed month;
- The term of validity of the credit limit is 2 years.
Currency
- BGN
Credit limits of METRO Plus business credit card
- The amount of the credit limit is individually estimated for each entity , after consideration of its solvency, in accordance with the Internal rules for credit of small and micro entities, corporate and key clients of the Bank;
- Minimum amount - 1 000 BGN;
- Maximum amount - 15 000 BGN.
Where you can apply for your METRO Plus card?
In the nearest branch of UniCredit Bulbank or in the stores of METRO, after you METRO card.
Documents needed:
Application for issuing of business bank card, ID of the manager and card holder (in case they are different persons), foundation documents, finance statements for the last two years and/or current mid-term statements (Balance) and Tax declaration for the last reporting year.
The Bank retains its right to ask for additional documents, in case of necessity.
METRO Plus card credit limit approval
Within 3 working days after the application of documents in the branch, you will be informed about the decision on the amount of the allowed credit limit of your METRO Plus business credit card.
Receiving of MetroPlus business credit card
The card will be issued and handled at the branch in which the documents were handled of at other branch pointed by you no later than 5 working days starting from the day the application documents are handled.
How does MetroPlus Business credit card work?
Grace period
Up to 45 days grace period for each transaction (cashless payment at outlet of Metro Cash and Carry Bulgaria EOOD): The clients use interest-free credit limit during the grace period starting from the date of card transaction.
Interest rate to utilized limit to revolving credit card
Interest rate is 1,50% monthly applied on the utilized and unpaid amount of the credit limit after the 10 day grace period after each payment expires.
Minimum repayment amount (MRA)
MRA is equal to 3% of the granted credit limit.
Repayment date
5th date of each month or the day after in case 5th is a holiday.
Revolving credit card gives the right to the client to choose when you repay the utilized credit limit, as the client compulsory repays every month the minimum sinking installment or optionally to repay the whole liability on the card.
The repaymentof the liabilities on the revolving credit card is realized by:
- Installment of cash at a cash desk in the branch network to the card account servicing the card;
- Bank transaction ordered by the same or another bank to the card account, servicing the card;
- Installment of cash at ATM of UniCredit Bulbank, which maintain ’Deposit’ service.
