Grace period for lending at Sberbank. The nuances of using the grace period on a credit card. What you need to successfully use your credit limit

The grace period for a Sberbank credit card is the period during which you can use credit funds from the card without paying interest. It is also called an interest-free period or a grace period (from the English grace period).

It is important to find out in detail about the grace period for lending before you apply for a Sberbank credit card and start using it. Otherwise, it is highly likely that you will be late in payment and end up paying fairly high interest rates.

The grace period for a Sberbank credit card is 50 days. It would seem that this is a lot. But the catch is that the interest-free period on the credit card is not calculated from the date of the purchase, that is, the real spending of money from the card.

Grace period for a Sberbank credit card: how to calculate

At Sberbank, the grace period for a credit card is divided into two unequal parts - this is “ reporting period"And" billing period ".

The reporting period is 30 days during which the client makes purchases with a Sberbank credit card. At the end of this period, a report on payments is generated - when and how much was spent.

The next 20 days is the billing period. During this time, the client must fully pay off the loan debt, that is, deposit money on a Sberbank credit card. In this case, you will not have to pay interest on the loan.

In total, these 50 days make up the grace period for a Sberbank credit card.

See also:

Sberbank credit card 50 days without interest: conditions and limits \u003e\u003e

Tinkoff bank credit card: is it worth opening \u003e\u003e

Grace period for a Sberbank credit card: calculation example

Let's give a simple example of calculating the grace period for a Sberbank credit card.

Let's say the reporting period began on May 8 and the purchase was made at the same time. In this case, the cardholder has 50 days to pay off the debt at 0 percent - until June 27.

If the purchase was made not on May 8, when the reporting period began, but on May 22, then until June 27 there are only 35 days left to pay off the full amount of the debt at 0 percent (15 days of the reporting period and 20 days of the payment period).

Accordingly, it is always available from 20 to 50 days to repay debt without interest.

Reporting period for a Sberbank credit card: when it starts

How to find out when the reporting period for a Sberbank credit card begins? A similar question arises for everyone who is going to use a Sberbank credit card. Since the deadline for repayment of the debt depends on the start date of the reporting period, it is better not to guess, but to clarify this with the Sberbank employee who issues the credit card.

And in order not to get confused later, immediately after receiving a credit card, you need to connect the Internet bank "Sberbank Online", and also check whether you have connected the SMS service " Mobile bank».

In Sberbank Online, you can not only manage your card account, but also receive all the necessary information on it:

• - the date of the report generation,
• - debt,
• - payment date,
• - card expiry date…

"Mobile Bank" will notify by SMS about all transactions carried out on the card. In addition, Mobile Bank will warn about the date and amount of the upcoming mandatory payment, including the amount of the total debt to comply with the terms of the grace period for crediting with the Sberbank card.

Reading 7 min. Views 130 Posted on 24.07.2018

Having a credit card is often a good financial help. Some banks, in particular Sberbank, have tools that make the lending process more loyal to the client. The ability to use a loan without additional payments is one of them. This article will tell you in detail what it is and how to calculate the grace period for a Sberbank credit card. Examples of such calculations will also be given.

Features of using a credit card with a grace period

The grace period is the period of time when the client can use bank loan free of charge. For Sberbank, it is fifty days, although in fact, directly interest-free operations can be carried out only for one calendar month.

The grace period (aka "grace") has its own limitations, which are related not only to the duration. For example, it implies that the borrower can spend the available financial limit without interest, paying only non-cash. Benefits are canceled if you try to remove them from the card, and the holder plastic card pays a commission. A similar limitation applies to the transfer of funds to other accounts of any kind.

It should also be borne in mind that not all spending is allowed for this type of lending. Ordinary shopping in stores, payment medical services or taxes are acceptable. Many other operations are capable of provoking service outages ahead of time. The specific list is indicated in the agreement with Sberbank. The rules of "free" lending are explained immediately after the receipt of the plastic card by the employee-consultant.

"Reporting period": the essence of the concept

In order to most fully answer the question of what is the grace period for a Sberbank credit card, first you need to figure out exactly how its structure looks like.

The reporting period is the period of time when information is collected on the actions of the borrower with the allocated account, which is then summarized and transferred to him to eliminate the accumulated debts. The reporting phase is not specific to the time of use of this service. This is a repeating cycle. It's just that for the duration of gratuitous loans, it is he who becomes that period of time when the owner of the loan can use it without charges.

Finding out its timing is relatively easy. They vary depending on the specifics of a particular loan and depending on the provisions in the agreement between the organization and the borrower. This period may start:

• from the moment of the first acquisition through a loan;
• from the day when the credit card is transferred to the borrower;
• from the moment of activation - the first transaction was made or the balance was requested.

The reporting period takes thirty days. Upon their expiration, the repayment period for reimbursement of expenses begins, which lasts twenty days. The user is sent information about the amount, time and date of expenses, information about the date until which they need to be reimbursed, as well as the amount of the minimum contribution. Making only the minimum contribution does not exempt from interest, but it does not exempt from non-payment of interest. Interest for the first month of using the loan will not be charged if the money is fully reimbursed.

There is such a term as reporting day... This is the boundary between the periods when a report on the state of the borrower's account is generated. Usually the date is indicated on the envelope with a pincode, and this is the easiest way to find it.

If for one reason or another it is lost or the information on it cannot be distinguished, there are other methods:

• come to the bank yourself;
• view information in the user's account on the official website of the bank;
• call the operator-consultant;
• find the corresponding clause of the agreement in the agreement, moreover, the cardholder himself can adjust this date at his own discretion.

Report day is this and the moment when the service of interest-free lending begins to operate. Therefore, it is advisable to find out the specific time frame of the grace period through this date. Let's say it's January 1st. Thus, the first month ends on February 1, and after that date, up to February 21, a debt elimination period is set.

How can you find out the grace period

It's simple enough. The average period is thirty days from the date of the debut report and another twenty for liquidation.

It is important to note that the period of free spending of borrowed funds is not static. These thirty days are calculated from the date of the report and are in no way determined by the actions of the owner himself. For example, if the debut spend was made on January 15, then the consumer has only fifteen days left, after which the exact statistics of spending is generated.

Example of calculating the reporting period

It is quite easy to find out the desired value and this can be done in two ways. For the sake of clarity, it will be clearly shown how to calculate the grace period on a Sberbank credit card, an example of self-calculation and on a calculator.

On my own

Let's say today is July 21st and the reporting date is August 1st. Accordingly, the card will be launched on this very day and the report period begins from the same minute. It will end on September 1. Thus, the liquidation of the debt must take place before September 21 inclusive.

If the waste did not occur on the day of the report, but, say, August 15, respectively, 16 days remain until the end of the thirty-day period. In total, the grace period will be 37 days in this case, taking into account the next twenty days of September, when a new reporting period begins.

It follows from this that if the holder used the loan, for example, on August 28, then there are only twenty-four days left, of which only four are preferential..

Using an online calculator

The calculation is simple.

In the corresponding column "Date of the report" the day the account was launched is indicated. For example, this is August 1st. Next to it, the interest rate is selected, on the terms of which the bank borrowed a loan. Let it be 24%. Then the date of the specific spending is indicated. It's August 15th. The purchase amount is entered next to it. The number of purchases specified for the instrument is limited to three. After pressing the key "Calculate" the system will display the exact number of days in the grace period and indicate the chronological interval as a range. For the first purchase it is 08/15/2018 - 09/21/2018. The total duration is 37 days.

Everyone can dispose of the issued loan independently and under their own responsibility. But there are some tips that will make life much easier for anyone planning to take a plastic card with a similar function. These include:

1. All planned spending is best done as early as possible. The reporting period is shortened regardless of whether the customer is spending money or not. Therefore, the earlier you make a purchase, the more time you will have to eliminate debt without additional spending.
2. You should carefully follow the information from the bank -either through the official Internet resource, or in person at the branch where the card was issued. Knowing the exact timing will help avoid the accrual of fines, because this happens immediately after the date indicated in the report.
3. When paying the debt, it should be borne in mind that the transfer will come to the bank only after some time. It may turn out that the transaction was completed within the required period, and the payment itself came already when it was released.
4. Any claims from banks regarding the terms and amounts of payment can be answered by checks. This is the only document that confirms the fact of depositing money, so they should be kept.
5. Another important document is the agreement between the cardholder and the bank. All the conditions for using the loan are prescribed there, and the client has the right to adjust some points according to his own needs.
6. When calculating the timing, you should use an online calculator or rely on statements and reports from the bank itself. This will help to most accurately determine the chronological framework of interest-free lending and will help to pay off all accounts on time, eliminating the possibility of error.

Careful reading of the contract, compliance with all its provisions and general rules financial discipline - these are the things that will allow you to use the loan as efficiently as possible and without excesses.

Conditions for cash withdrawal

A credit account of this kind has its own limits and restrictions. The most serious is to withdraw cash. After the withdrawal of money, the bonus automatically ceases to be valid, therefore, under no circumstances will it be possible to cash out the currency and retain all the advantages of this service. The organization issuing the loan very closely monitors all the manipulations made by the borrowers.

Conclusion

A credit card is a useful and necessary tool for many. It can make life a lot easier, especially if you need any emergency purchases or payments. It is not so easy to understand the details, but qualified consultants of the organization will help to solve all possible questions, who will explain exactly how to find out the grace period on a Sberbank credit card. However, one should not forget that its use without observing the conditions on which it was issued to a citizen by a bank can provoke serious problems in the short or long term. Credit requires responsibility, care and personal discipline.

Knowing how to use the grace period of a Sberbank credit card will help you not to be in debt. This will allow you to spend borrowed funds free of charge or with minimal overpayment.

How to calculate the grace period - an example

Regardless of status (Classic, Gold, Platinum) and payment system, all .

The grace period is the time at which you can return the borrowed money for favorable conditions... To use it correctly, it is enough to learn how to calculate it. It splits into two:

• Reporting. Equal to 1 month (30 days). Designed for shopping.
• Estimated. 20 days. For payment without interest.

The first period is not always 30 days. Example: if February is 28 or 29 days, the reporting period is shortened by 1-2 days. It should be borne in mind that maximum term 50 days is provided only for purchases made on the first day of use.

Example: if a purchase from a card was made on the 10th day, then the time for an interest-free refund is reduced from 50 to 40 days. If you pay from the card on the last day of the month, there are only 20 days left for its payment.

The grace period begins from the day the Momentum, Gold, etc. credit card is activated, which occurs automatically the next day after issuance.

Each subsequent grace period of the Sberbank credit card is superimposed on the previous one and is also 50 days. Example: starting to use the product on November 24. The period for using the loan lasts until December 23, and pay off by preferential terms possible until January 12.

The second period for disbursement of the loan starts on December 24 and ends on January 22, and 50 days ends on February 11. If the credit limit is not fully exhausted in the first period, you can continue using it in the second, regardless of whether the debt is paid. You can calculate the grace period for your card on the Sberbank website using a special calculator.

On the last day of the reporting period, the Report comes. For these examples, these are December 23 and January 22, respectively.

How to use the grace period of 50 days

No overpayment, i.e. only borrowed money can be returned in 50 days or less, depending on the start date of spending.

To get it right, you need to clarify the repayment rules.

If the payment is not made or is not completed in full, the interest rate begins to apply to the debt. It is calculated for each purchase separately, starting from the moment it was made. They are assigned individually to each client, based on his category and other characteristics. Today the following tariffs are valid:

• Instant: 23.9%
• Classic and Gold: 27.9% (23.9% for some existing clients on a separate offer);
• Platinum: 21.9%
• Signature visa, incl. Aeroflot and MasterCard World Black Edition: 21.9%.

If you do not use the grace period of the Sberbank card (Gold, Standard, etc.), the borrower must make a minimum payment before it ends. The required minimum is 5% of the current debt. After that, the interest rate is applied, and the remaining debt with accruals is carried over to the next period.

If the borrower has previous unpaid loans on the payment date, they must also be paid, otherwise a penalty will be applied. A penalty of 36% is charged if the minimum amount or the entire amount borrowed during the grace period is not paid.

Unpaid loans are included in the report on next month, taking into account the accrued headquarters.

Information about debt in Sberbank

• Formation period;
• Customer product details: type (example:), allowed limit, percent, available amount (if any);
• Payment date;
• Total debt, obligatory payment... The first one must be paid in order to take advantage of the interest-free period, the second - so that no interest is charged;
• Account movements: the total amount of all receipts, expenses (purchases from the card), cash withdrawals, interest and commissions paid in the previous period;
• Decoding compulsory payment: the calculated amount, previous debts, penalties, etc .;
• Detailing of the operations performed: the day, size and type of operation are indicated (in a store, on the Internet, cash withdrawals, money transfers, wire transfers).

If there are many operations, then an additional sheet is attached where they are listed.

If you find a discrepancy in the provided list of transactions, you need to submit an appeal to Sberbank. This must be done in a timely manner - before the expiration of 30 days from the time of receipt of the letter. The claim is reviewed and, if necessary, corrections are made.

You can get similar information yourself at Sberbank Online. All products of the user are displayed in the Cards, Accounts section. You will need to select the required one. There is a short description next to its name:

• Available amount for borrowing;
• Date of the next payment;
• The amount to be deposited with Sberbank;
• A brief description of the characteristics: card expiration date, interest rate, credit limit, grace period for a Sberbank card, etc.

You can also generate a statement in the Internet bank to view the transactions performed for any period.

In order not to apply penalties to the client, it is enough to pay the monthly amount indicated in the received report. It is not so easy to calculate it yourself, since from the moment of its formation, the borrower could still use up borrowed resources, which will be taken into account in the next period.

How to pay off credit card debt

It is allowed to start repayment at any time, starting from the day of the loan. This will be taken into account by Sberbank when generating the statement. It is not difficult to calculate how much you need to pay during the grace period yourself, given how much money has been spent from the loan provided.

You can pay with a Sberbank credit card with a grace period in several ways. Non-cash offers:

• Through Sberbank Online. Transfer from an existing debit card through Payments and transfers - Between own cards. It is necessary to indicate the card numbers and the amount of sending. The transaction is confirmed with a password sent by SMS.
• By SMS. Dial TRANSLATION, 4 last characters debit card, 4 credit and size in numbers. Send message to 900. Available for persons who have activated.
• Through an ATM. Insert the plastic from which the payment is sent, select Payments, write down the credit card number and value.
• Through third party services.

You can also use the cash desk of Sberbank or another institution, as well as the terminal to pay in cash.

If you use the services of Sberbank, money is usually credited instantly, at most - the next day, without charging a commission. Enrollment through third-party organizations lasts longer, with a maximum of 3 days. The commission is set by the respective bank, and on average is about 1%.

When transferring a larger amount than the borrower owes Sberbank, the money remains on the credit card account as if it were their own. When paying by card, they will first be debited, and then borrowing from the available limit will begin. At the same time, for withdrawing your own funds from a credit card, tariffs are inherent in debit ones.

Conclusion

The grace period for a Sberbank credit card allows you to return only the amount of the loan. Sberbank has an interest-free repayment period of 50 days for all loan products. If it is impossible to return the borrowed funds on time, it is required to pay the mandatory minimum in the same period, after which the rate is applied to the balance. Failure to comply with one of the rules, Sberbank charges a forfeit.

A grace or grace period is a fixed period of time during which the bank's client can use his finances (the credit limit on the card set by the bank) without interest and additional contributions.

Different banking institutions have different periods of such grace time. For some, it is only about a couple of weeks, for others, this period is six months or more.

Many clients are so attracted by these numbers that when they conclude an agreement with a bank for a plastic card, they do not even study the conditions specified in the document. Due to such an oversight, many credit card holders collect large debts. How to use such a banking service as a grace period and not owe large sums to the bank, we will talk further.

Sberbank offers all its customers plastic credit cards with a grace period of 50 days without interest. Some clients have an erroneous opinion that the entire term of the grace period (in our case, it is 50 days) is interest-free and only after its expiration it is necessary to pay off the debt. So, the service works according to a slightly different scheme.

In order to better understand the essence and mechanism of operation of interest-free credit cards, let's understand the “internal structure” of the grace period. This entire period is divided into 2 parts:

The reporting stage means the period of time during which the client has the right to use the money belonging to the bank completely free of charge and not to pay interest. The cardholder needs to take into account that the reporting period starts from the moment the plastic is activated, and not from the moment of the first spending.

The start date is set automatically when the bank employee registers the card in the system. If you want to change this date to any one convenient for you, ask the branch employees, hotline operators or do it yourself through the Sberbank application (you can find out the activation date in the same ways).

After the expiration of the reporting stage, the payment stage starts. On the 31st day of grace, the owner of the plastic mobile phone the bank sends a final receipt, in which all the performed actions on the card and its current status are signed.

By receiving this receipt, the client can analyze:

• How much money did he spend;
• Where did the loan funds go;
• What is the current debt on the card;
• What should be the minimum monthly payment.

20 payment days are given to the client so that he can pay off the debt. If the debt is paid in full during this period, no overtime is charged.

If the owner of the plastic did not manage to close the debt in 20 days, he can make a mandatory payment on the card. In this case, he will simply be charged% for using the credit limit. If the client does not pay the debt and the monthly payment, a rather large penalty will drip along with the interest.

Calculating the duration of the grace period - examples

Even if you understand everything in theory, in practice it can be difficult. Let's use specific examples to figure out how to calculate the duration of different stages of the grace period.

Let's take the same situation as a basis: Vasily issued a Sberbank card on May 4, on the same day a bank employee activated it and entered it into the system. It turns out that each grace period on Vasily's map starts on the 4th of each month. The reporting stage for this client lasts until the 4th day (the exact date depends on the number of days in the month), and the deadline for the payment stage will be every 24th day.

Example # 1. Vasily paid for the purchase made on May 6 with his plastic card. It turns out that before the start of the payment stage, he has 28 days of the grace period. During this time, he can spend money within his credit limit. In order not to pay interest, Vasily must pay off his debt by July 24. As a result, the total duration of the interest-free period for Vasily will be 48 days.

Example # 2. Vasily bought himself a smartphone on March 27 and does not understand how many days he has left to replenish the balance. If reporting date for his credit card is the 4th, the reporting stage for his plastic will last only a week. Vasily still has 20 days to pay off the debt. It turns out that the grace period in this case will last 27 days, although initially the bank promised 50.

Summarize! When registering plastic and further purchases, rely on the extremely dates of the reporting and payment stages. It is most convenient to make purchases with a credit card at the very beginning of the reporting period, then the total duration of the interest-free loan will be maximum.

How do I know the due date for the monthly payment?

The Sberbank client can repay the loan throughout the entire grace period (both at the reporting and payment stages). But if it is not possible to completely cancel the debt, you need to make at least a minimum contribution so that interest does not start to drip for using a plastic credit card.

You can find out until what date you need to replenish the credit balance using the following methods:

The minimum monthly installments are needed in order for the bank to receive a kind of guarantee of the client's solvency. Also, such payments help the cardholder to gradually pay off the debt on the credit card.

The amount of the minimum payment for each plastic card is different, but usually it is 5% of the total debt. The thresholds for the minimum payment set by the bank and the percentage of the approved limit and monthly payment are also taken into account.

An example of calculating a monthly payment on a credit card: your card's credit limit is 100 thousand rubles, and the interest rate is 35% per annum. If you spend 30 thousand rubles from a credit card, the main part of the payment will be 1500 rubles (30,000 * 0.05). Interest for the use of credit funds will be calculated as follows: 30,000 x (0.35 / 12), the interest debt will be 875 rubles.

It turns out that the total amount of the monthly minimum credit card payment will be 2375 rubles. When you deposit this amount, the total amount of debt will decrease, which means that the amount of the next mandatory payment will be less.

Often Sberbank customers are concerned about the question of what the payment amount should be so that the grace period is not canceled. You just need to repay the amount you spent during the REPORTING period. If you made some purchases already in the billing period, do not worry, they do not affect the grace period.

To make it easier to understand how it works, let's look at an example. Your credit card still has a reporting day on the 5th of every month. On March 8, you skimped at the store for 3 thousand rubles, on March 25 - for 1 thousand rubles, on April 9 for a few thousand more.

Before the end of the grace period (April 25), you need to repay 4 thousand rubles (3 thousand on the 8th and 1 thousand on the 25th), then it will not be canceled. The remaining few thousand that you spent on April 25 can be paid until May 25, when the next grace period ends.

Nuances of using a credit card

It is worth highlighting several features of using the Sberbank credit card, which are worth familiarizing with credit card holders and those who are just going to issue it:

1. The credit interest is individual for each client and type of card, the rate must be indicated in the agreement. If you do not make mandatory payments or make them late, the interest rate for using credit funds can rise.
2. If you fully paid off the debt and the next day bought something with a credit card, the grace period will be reset and restored to its maximum duration.
3. If the debt is not repaid by the end of the grace period, all accrued interest will also have to be paid.
4. Be sure to keep receipts for deposits to your credit card until they arrive.

How do I withdraw cash from a credit card?

The grace period is valid only for certain types of payments:

• Online payment of rent and similar services by card;
• Purchase of goods in online stores and payment by card;
• Buying goods in stationary stores and paying for them through the terminal.

If the client of Sberbank and the card holder withdraws credit from an ATM or makes with a credit card bank transfer to another card, the grace period is no longer valid. You also need to take into account that an additional commission is charged for such operations. It is 24% + 3% for the withdrawal of credit funds (the interest is paid even when withdrawing cash from the “native” ATM of Sberbank).

Interest rate for the use of credit money

Credit card interest ranges from 17.9% -33.9%, most often a standard rate of 24% applies to customers. The amount of interest may vary depending on the status of the borrower.

If the client does not make a mandatory monthly payment, the interest for using the loan will rise to 33.9%. Due to such a high rate, the amount owed can grow several times, so make the required payments on time.

Debt repayment methods

It is necessary to deposit funds for using credit money on time, otherwise interest will drip. You can do it this way:

When paying off a credit card, be sure to keep in mind that money may be received with a delay. It is better to make payments at least a couple of days before the due date.

Also, don't forget about the fees that may be charged for the transfer. If you make the minimum payment, from which the commission will be deducted, the payment amount will not reach the minimum and interest will still be charged. Play it safe and pay 50 rubles more, extra funds will simply fall into your account.

Note! If you replenish the card through the application or terminal "Sberbank", the commission is not charged.

Summarizing

A credit card with a grace period is a very profitable thing if all the conditions of the bank are met. She can help out in a difficult moment, but she still has her drawbacks. Let's analyze all the pros and cons of a Sberbank credit card using the table as an example:

So is it profitable to use a credit card, is it better than a loan? If you haven’t grasped the specifics of using the card, don’t make obligatory payments on time and start withdrawing cash, it’s better not to use your credit card. There is a high probability of "getting" on the money and then paying the bank interest for a very long time.

If you have treated all the conditions of the bank with all the attention and responsibility, an interest-free credit card can be a real salvation for you. Pay off debt in time, use by bank transfer and then you will definitely benefit from the credit card. If you want to shop online and get some of your money back, do not forget to use cashbacks.

Instructions

In order to determine the procedure for using a credit card, it is necessary to clarify how exactly the grace period is determined. Indeed, promises that the credit limit will last 50, 60 or 100 days does not mean that the money will need to be returned within 50.60 or 100 days, and not earlier.

Any credit card has a so-called billing and billing period. In the billing period, the cardholder spends money, and in the billing period he pays off debts. The meaning of the grace period is that you can pay with credit money using a card and not pay interest and commissions for it, you just need to be in time within the time allotted by the bank.

The billing period is determined in each bank in its own way. As a rule, its duration is the same everywhere - 30 days, but the starting point is different. This can be the date of receipt of the card, the first day of each month, or the date of the first operation (activation) on the card.

Then the billing period begins, during which you need to pay off the entire amount owed. If the debt is not paid in full, interest will be charged on the entire amount. The billing period can be 20, 30 or even 70 days. This period, together with thirty days of the settlement period, is a grace period of 50.60 or 100 days.

After the end of the first monthly billing period, the second settlement period... Its duration is also 30 days. In this case, the same month can be both settlement and billing. For example, you have a card with a limit of 50 thousand rubles. You paid by card for purchases on January 1 in the amount of 20 thousand rubles. If the grace period is set within 55 days, then the debt must be repaid by February 25. At the same time, in February, you can also make a purchase within the credit limit (30 thousand rubles). But this amount also needs to be repaid by February 25, otherwise interest will be charged on the use of credit funds.

Sometimes in banks the payment period is fixed, for example, on the 25th of each month. This means that if you spent the money on June 20, then your grace period will be only 5 days. The debt will have to be repaid by June 25. If you made a purchase on June 26, then you have a month to pay off the debt.

Less common is a grace period scheme, in which the debt must be repaid within 30 days from the date of purchase. For example, say you made a purchase using your card on June 30th, and your second purchase on July 15th. Accordingly, until July 30 you need a debt, and until August 15 - the second.

If you do not have time to pay off the debt during the grace period, you must pay off it with minimum payments. Their size is individual for each credit card. It can be 3%, 5% or 10%. For example, with a debt of 20 thousand rubles. it is necessary to make monthly payments from 600 to 2000 rubles. In case of late entry minimum payments the bank can impose a fine on the borrower, and information about delays is transferred to the credit bureau.