Freedom Finance Bank Debit Card — a profitable multi-currency tool with 6% cashback

If you love to travel and are looking for a profitable banking product, the Freedom Finance Bank debit card deserves your attention. It allows the bank's clients to travel to different countries without worrying about the account currency. The cardholder can store various types of currency and, if necessary, exchange them at the exchange rate set by the stock exchange. To withdraw cash, you won't need to look for special ATMs; you can do this at any ATM regardless of the country you are in.

Card terms

You can order a Freedom Finance Bank debit card in Russian rubles, US dollars, and Euros. When describing this banking product, we will focus more on the ruble account. Various service packages can be connected to the card: "Basic", "Premium", and "Individual".

• Cost of the service package

If you order the "Individual" service package, the bank will charge you a fee of 2,500 RUB per month. Visa Platinum and MasterCard Platinum cards are also included in the "Basic" and "Premium" packages. In the first case, maintenance is free; in the second, it is 499 RUB per month.

• Interest on balance amount

When connecting the basic package, no interest is accrued. The "Premium" package allows you to earn 5% on the balance, and the "Individual" package 6%.

• Terms of free package maintenance

If the daily balance across all bank accounts is at least 1,500,000 RUB every day during the month, card maintenance under the Premium package will be free. No fee is charged if the total amount of non-cash purchases for 1 month is at least 35,000 RUB. To avoid paying for the maintenance of the "Individual" package, the daily balance for 2 months must not drop below 500,000 RUB, or the total purchases on all cards issued by the bank must not be less than 75,000 RUB.

Please note! Transactions involving MCC codes of payment systems that do not participate in the "CASH BACK in Shares" customer activity incentive program are not counted.

• Additional accounts

When connecting the Basic package, opening an additional account is not possible. Additional multi-currency accounts are opened free of charge for cardholders who have connected the "Individual" package. When connecting the Basic package, the fee is 500 RUB per month.

An escrow account can be opened for 200 RUB regardless of which service package is connected to the bank product.

• Card issuance

Under the Basic package, only one primary card can be ordered. Under the Premium package — 1 primary and 5 additional cards. Each subsequent card costs 1,000 RUB. Under the Individual package, the bank provides the following terms: 1 primary and 5 additional Infinite/WE cards, as well as up to 5 Platinum cards for free. Thereafter, each subsequent card will cost a considerable amount: Infinite/WE — 10,000 RUB, Platinum — 1,000 RUB.

• ATM cash withdrawal limit

"Basic" package — 150 thousand RUB, "Premium" — 400 thousand RUB, "Individual" — 600 thousand RUB.

• Cash withdrawal fee

Cardholders who have connected the "Premium" service package can withdraw up to 500 thousand RUB for free, and those with the "Individual" package can withdraw up to 1 million RUB. For cash withdrawals up to 10,000,000 RUB, a fee is charged — 1.5% of the amount, but not less than 100 RUB; above this amount — 10%.

• Cashback in shares

By becoming a shareholder of a large company, you can receive additional income as the market value of the shares grows. Various companies participate in the promotion. For example, Aeroflot PJSC with a growth potential of 23%, The Boeing Company — 17%, Apple Inc — 14%, and others.

The reward amount depends on card spending and ranges from 0 to 1.5%.