MTS Money debit card from MTS Bank

"MTS Dengi" is a more profitable debit card than most other cards offered by the bank. Its issuance and maintenance are free. To use the plastic card without paying a fee, you do not need to meet any complicated conditions.

As an additional service, you can enable notifications for deposits and withdrawals. The cost of this option is 99 RUB/month. However, during the first month of activation, the service is completely free.

As for topping up the card, you can deposit money into the account in any way that is convenient for you:

• in cash at ATMs and bank cash desks;
• in cash at ATMs and partner bank cash desks;
• via transfer from other banks through the Faster Payments System;
• by transfer from other banks using the card number;
• by transfer from other banks using account details.

You can withdraw cash from the debit card for free at ATMs and cash desks of MTS Bank and partner banks within daily and monthly limits (cash withdrawal limits at ATMs are 50,000 rubles per day and 300,000 RUB/month, and cash withdrawals at cash desks are 50,000 rubles per day and 600,000 RUB/month). If these limits are exceeded, you will need to pay a 1.9% commission, but not less than 99 rubles.

You can also withdraw cash from the card for free at third-party bank ATMs up to 100,000 RUB/month. The commission for exceeding this limit is similar—1.9%, but not less than 99 rubles.

As for transfers, you can send money for free between your own accounts in different banks up to 30,000,000 RUB/month. There is also an option to transfer funds to other bank clients for free.

If you are talking about clients of other credit institutions, you can send them money for free by card number up to 100,000 RUB/month. If this limit is exceeded, you will need to pay a commission of 1.9%, but not less than 99 rubles. There is also an option to transfer funds for free via the Faster Payments System up to 100,000 RUB/month. In this case, the commission is 0.5%, but not more than 1,500 rubles.

With the card, you can choose up to 5 increased cashback categories each month. This includes 30% for paying for communications in My MTS and communication stores.

Also, in addition to the existing categories, a 5% cashback in supermarkets is currently active as part of a promotion with an active "MTS Premium" subscription.

The maximum reward you can receive per month is 10,000 RUB. Of this, 250 RUB is for the 30% category for communication payments in My MTS and communication stores.

As for the "MTS Premium" subscription, it is paid, but you can use it for free for half a year after card issuance if you make at least 5 card purchases every month.

The card does not provide for the accrual of interest on the balance. But if you have savings from which you want to receive a small passive income, you can open a savings MTS Account.

The yield on it is 21% per annum for the first 2 calendar months for new clients. Thereafter, it is 14.5% per annum with purchases of 10,000 RUB or more per month. The bank calculates interest on the daily balance and pays it out on the last day of the month.

The base interest rate on the MTS Account is 5% per annum. It applies if you pay for purchases with debit cards up to 10,000 RUB per month or keep 2,000,000 RUB or more in the account.

Free benefits:

1. card issuance without any conditions.
2. card maintenance without any conditions.
3. card top-up via convenient methods.
4. cash withdrawal at the bank's ATMs, partner banks, and third-party credit institutions within limits.
5. transfers via the Faster Payments System and by card number.
6. Opportunity to receive up to 30% cashback.
7. Opportunity to receive up to 21% per annum on the savings account balance.

Cons:

1. High commission for cash withdrawals and transfers when limits are exceeded.
2. No interest on the card balance.