Bank Zenit
Renaissance Bank
LOCO-Bank
T-Bank
Bank Sinara
Credit Europe Bank
Home Bank 120 Days Interest-Free Credit Card
Loading...
Articles about credit cards
About the card
Card description
The "120 Days Interest-Free" card is a new credit card from Home Bank. The credit institution offers cardholders very favorable service terms: a large credit limit, an extended grace period, installment plans for purchases and credit card refinancing, and decent cashback on purchases.
Terms
Card issuance and maintenance are always free. Additionally, the cardholder can opt-in for transaction alerts. The cost of this service is 149 RUB per month. The bank does not charge a fee for the first month after alerts are enabled.
The credit limit on the card ranges from 10,000 to 700,000 RUB. The bank determines it individually for each borrower.
A grace period of up to 120 days applies to the credit card. It covers any purchases and payment for services. In addition, the credit institution provides installment plans of up to 18 months for refinancing debt on other credit cards and up to 24 months for purchases at Home Bank partner stores.
The minimum monthly payment on the credit card is no more than 3% of the debt amount, but not less than 500 RUB. It must be paid to maintain the grace period and avoid overdue debt.
If the borrower fails to make the minimum payment on time, they can use the "Skip Payment" service. Its cost is 699 RUB.
The bank does not charge interest on purchases made during the grace period. Outside the interest-free period, Home Bank charges:
- from 10.9% to 34.7% per annum on purchases;
- 69.9% per annum on cash withdrawals and transfers.
In case of late payment of the minimum amount, the bank charges a penalty of 20% per annum on the overdue debt amount.
For cash withdrawals and transfers, the borrower will need to pay a fee of 5.9% of the transaction amount plus 590 RUB.
By paying with the credit card, the borrower can receive cashback for purchases in the amount of:
- from 1% to 15% of the spent amount for purchases in selected categories;
- up to 30% for purchases at Home Bank partner stores.
Borrowers who meet the following requirements can get the "120 Days Without Interest" credit card:
- are citizens of the Russian Federation;
- have permanent registration within the territory of the Russian Federation;
- aged from 18 years at the time of application up to 70 years at the expected maturity date of the loan agreement;
- have continuous work experience at their current job for at least three months.
To get a credit card, you only need to provide a Russian internal passport. If necessary, the bank may request additional documents confirming income and employment.
| Pros | Cons |
| The credit card holder does not need to pay a fee for its issuance and annual maintenance | The bank charges a high interest rate on purchases made outside the grace period, as well as on cash withdrawals and transfers — from 10.9% to 69.9% per annum |
| The bank offers a large credit limit — from 10,000 to 700,000 RUB, but it depends on many factors and may be lower | For credit fund transfers and cash withdrawals, the holder must pay a high fee — 5.9% of the transaction amount plus 590 RUB |
| Home Bank offers up to 120 days without interest for unlimited payment for goods and services | |
| Home Bank also offers installments of up to 18 months for paying off debts on credit cards issued by other banks, and up to 24 months for purchases at partner stores | |
| The credit card holder can receive cashback for card payments ranging from 1% to 15% for purchases in selected categories, and up to 30% for purchases at Home Bank partner stores. | |
| The holder can get a card with just a Russian internal passport | |
| If necessary, the bank delivers the card for free via courier to a location convenient for the borrower |
How to apply
You can apply for a credit card in two ways: at a Home Bank branch or on the credit institution's website. In the first case, the borrower needs to visit the company's office during business hours with all the necessary documents. To apply online, you need to go to the credit card application page and click the "Apply for a Card" button.
Next, you need to click the "Fill out application" button.
Then the user needs to enter the desired credit limit, full name, date of birth, mobile phone number, passport details, and email address. Next, check the box and click the "Continue" button.
Next, the future holder will need to enter the confirmation code from the SMS message, upload a photo of their passport, or click the "Enter manually" button.
If the user selected "Enter manually", they need to provide their passport details and permanent registration address, and click the "Continue" button.
Rates
up to 30% for purchases at Home Bank partner stores
Customer reviews
Leave a review