MTS Money Weekend Credit Card: what this banking product is about

MTS Bank has released many different products, including the versatile MTS CASHBACK plastic, Detsky Mir card, and Money Zero. The most popular is the MTS Money Weekend credit card, which you can apply for through our service. This banking product has several advantages and is suitable for people who spend a lot and want to save money. The feature of the card is that accumulated funds are returned to the owner not at the end of the month, like most cards, but every Friday. That means before the weekend you will have an additional amount to spend on your needs.

MTS Money Weekend Credit Card — Terms of Use

Looking at the terms of use for the MTS Money Weekend credit card, they are quite attractive.

• The credit limit is 299,999 RUB

This is not a final figure; according to the rules, the limit can be changed at the initiative of either the bank or the cardholder. Changes are made on individual terms. The limit amount depends on the submitted documents and the borrower's credit history. The cardholder can find information about the current limit in the account statements sent by the bank in accordance with the agreement.

• Affordable annual maintenance cost — 900 RUB

Money is debited from the account from the moment the card is activated. That is, as soon as you activate the plastic, 900 RUB will be debited and you will automatically become a debtor. But (!), if you are a payroll client of MTS Bank and ordered a credit card using a special offer from the financial institution, the maintenance will be free in this case.

• Weekly cashback up to 5%

5% is the increased cashback, which can be earned for paying for lunches in cafes and restaurants, visiting cinemas, buying tickets for various events, taxi + carsharing. The base cashback of 1% is awarded for all other purchases.

Pay attention! Cashback is not awarded for operations in gambling establishments, pawnshops, payment of fines and other public services. It is impossible to get a refund when paying for services in insurance companies, withdrawing cash, and topping up electronic wallets.

• Grace period of 51 days

During this time, no fee is charged for using bank funds. If the terms of preferential lending are not met, the bank will charge the owner of the MTS Money Weekend credit card a fee ranging from 24.9% to 27.0%.

Note! If the cardholder already has a loan with MTS Bank, the rate may be reduced by 1.0%.

• Minimum fee

According to the rules established by MTS Bank, the owner is charged a mandatory fee of 5% of the debt amount. Its amount cannot be less than 100 RUB.

• Limits on cash withdrawals and commission fees

If you look at user reviews of the MTS Money Weekend credit card, they confirm that you will not be able to withdraw more than 50,000 RUB per day. There is a monthly limit of no more than 600,000 RUB.

Commissions are provided for cash withdrawals. You can withdraw your own money for free at MTS Bank ATMs and cash desks, and any ATMs in the Russian Federation using the card. If you do not have the card, MTS cash desks will charge 0.5% of the transaction amount. If you are outside the Russian Federation and need cash, be prepared to pay 1%.

Commissions for withdrawing credit funds are higher and amount to up to 4% of the transaction amount.

• Card account replenishment

From an individual's account — free of charge; legal entity — 5%.

• Commission for transfers to other banks

The amount depends on the transfer method. When transferring your own money from one card to another using a mobile phone, the official website, MTS Bank ATMs, or online banking, you will be charged 1%, but not less than 49 RUB. When transferring credit funds in this manner, you will be charged 3.9% + 350 RUB mandatory payment. You will have to part with 7% if you transfer credit money from account to account at an MTS Bank branch.