A credit card is a payment instrument by means of which you have access to a line of credit offered by the bank: overdraft or revolving.
"Overdraft" is a reserve granted by the bank to individuals on the payroll card account that begins to be used when your own funds on your payroll card account expire.
Another advantage of the overdraft is that you pay the interest only for the credit used, and after you repay the amount used from the credit line, you can immediately use it again.
The revolving line of credit is linked to the card account; any amount used can be refunded and then used again.
The grace period enables you to spend money on the card without paying any interest. The way in which the grace period applies depends on certain conditions set out in the credit agreement. If you pay the entire balance of the debt by the due date, then you will not pay the interest.
It is a shopping card with:
To get a STAR card, apply online on the bank's website or obtain a STAR card at any Victoriabank branch with your ID card.
With the "STAR" shopping card, you have up to 12 interest-free instalments in the network of "STAR" partner merchants.
The number of instalments differs from one partner to another, depending on the specifics of the activity.
Payment in instalments can only be made at a Victoriabank POS, the number of instalments in which the payment was made will appear on the payment slip issued by the terminal.
Deposit the rate on the card on any of the 1-25 days of the month following the transaction and do not pay interest.
Merchants who accept payment by card and who have concluded with B.C. Victoriabank S.A. an agreement to join the "STAR" Loyalty Program and the "STAR" Interest-free Fixed Rate Payment Program in order to offer "STAR card" cardholders the opportunity to buy in interest-free instalments and / or use "STAR" points for purchase of goods and services through Victoriabank POS terminals.
If you choose to pay interest-free instalments, you will not receive STAR points for these transactions.
Only at the partner merchants, the payment of the purchase will be made with the accumulated STAR points, in advance announcing the seller.
Payment in instalments with interest 0 is possible only from the available credit means.
Payment in instalments with interest 0 is possible only from the available credit means.
If, in addition to buying the product in instalments, you also spent other amounts on the card (ATM withdrawals, other full purchases) you must deposit the rate + what you spent in the previous month, between 1 and 25 of each current month.
If you do not deposit the full rate, you are required to deposit 5% of the amount used and interest will be calculated. Everything you deposit can be used immediately for other purchases.
You must repay at least 5% of the amount of credit used in the previous month, as well as interest on it between 1 and 25 of the current month.
For withdrawals at ATMs or at the bank counter you pay 2% of the amount withdrawn, including for transfers initiated between accounts through VB24 Web and VB24 Mobile.
The bank's winning plan is transparent and simple: pay with the STAR card in the store - the store pays the bank a commission for each purchase made in instalments on the STAR card. Cardholders return the exact amount paid to the bank. This scheme is beneficial for everyone: stores receive clients, clients receive interest-free instalments, and the bank receives commission from merchants.
The situation when you have in your card account various outstanding or own amounts, which will be recovered later, when you will have money available in your account.
APR (or Annual Percentage Rate) is found in percentage form and represents the total cost of a credit.