West–Ural Bank of Sberbank: cards with a grace period
West–Ural Bank of Sberbank of Russia has started issuing credit cards with a 50-days grace period. Cards are issued for constant customers. Credit cards are accessible only for the private customer of Sberbank of Russia getting salary on his bank card or account and meeting the following requirements:
• the average sum crediting his salary card or deposit account in Sberbank of Russia for the last 6 months exceeds 10,000 roubles;
• transactions of crediting the account for the last 6 months are available.
The card is issued with no fees for the first year. The credit card is based on the concept of the revolving line of credit. Its annual interest rate is 19%.
For today, West–Ural Bank has issued 14,000 credit cards.