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 Platinum and MasterCard Platinum
- 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 Classic – at ATM in Bulgaria and abroad) MasterCard Standard – 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)
