Deposit card with credit limit (service "Credit on deposit")

"Credit on deposit" - is service which provides a client, that drew up a deposit investment, with possibility to spend money, placed on deposit account, without stopping validity of deposit agreement.

Conditions of crediting:
Investor on opening of deposit account receives payment card for enrolment of percentage by deposit with opened renewable credit line in size up to 90% from the sum of deposit.

Term of crediting - for the term of agreement of bank investment, but not less than 3 months.
Size of credit stake for using fixed credit limit on deposit cards is determined by formula: effective annual percentage stake + 5%.

Main advantages of product:

• there is no need to break deposit agreement and lose percents on deposit, in order to use money on deposit account in case of necessity;
• client pays percents only for actually used part of credit line;
• there is no schedule of credit repayment;
• percentage for using a credit is repaid automatically at the expense of percentage by deposit;
• client has possibility to repay indebtedness and percentage on credit independently, by means of cash or cashless replenishment of card account;
• client can spend credit money to his liking, taking it in cash machines or departments, and also to pay in trade points;
• possibility to save on payment of bank commission, as annual percent for using overdraft is less annual percent for using consumer credit, at this bank does not demand documents, certifying how credit means of the bank will be used;
• on client's desire, on increasing of sum of deposit investment, sum of credit limit is reconsidered to increasing;on drawing up a credit limit guarantee is not needed.

If you drew up bank investment agreement in Pravex-Bank, we are ready to activate service on credit limit establishing on your card immediately.

To activate the service it is necessary to address PRAVEX-BANK outlet where bank deposit agreement was concluded, with bank deposit agreement, passport and identification number certificate.

To get additional information address Information service of PRAVEX-BANK by phones:
In Kyiv: 201-16-17 (round-the-clock)
In Ukraine: 8-800-500-4-500 (round-the-clock, free from stationary phones)