Halva credit card from Sovcombank

Card issuance, as well as reissue due to expiration or at the bank's initiative, is always free. Also, Sovcombank does not charge a fee for using the card.

Additionally, you can connect transaction alerts. The cost of this service is 99 RUB per month. Transaction alerts can be free if at least one of the conditions is met:

• for clients aged 50 and older;
• if you have the "Halva.Desyatka" subscription;
• if you log in to the "Halva — Sovcombank" app at least three times a month with Push notifications enabled.

The credit limit on the card is up to 500,000 RUB. It is determined for each borrower individually.

For purchases made at Sovcombank partner stores, installments are available for up to 10 months. For cash withdrawals and transfers, up to 3 months. For purchases in regular stores, up to 2 months. For payments in the "Service Payment" section of the "Halva — Sovcombank" app and internet banking, up to 1 month.

The minimum monthly payment on the credit card is 3.9% of the debt amount.

If the minimum payment is missed, the bank charges a penalty of 20% per annum on the overdue debt amount.

For cash withdrawals against the credit limit, you will need to pay a commission of 2.9% of the transaction plus 290 RUB. You can transfer borrowed funds for free if you have the "Halva.Desyatka" subscription. Without it, you will need to pay a commission of 1% of the amount, but not less than 50 RUB.

You can withdraw your own funds for free at Sovcombank's own ATMs and third-party credit organization devices for an amount of up to 150,000 RUB per month. For exceeding this limit, you will need to pay a commission of 1.9% of the transaction.

You can transfer your own funds to clients of other banks for free by phone number via the Faster Payments System for an amount of up to 150,000 RUB per day. And also by card number for an amount of up to 50,000 RUB per month if you have the "Halva.Desyatka" subscription. In other cases, you will need a commission of 1% of the transaction, but not less than 50 RUB.

By paying with your credit card, you can earn cashback on purchases:

• 1% for payments in the “Bill Payments” section of the “Halva — Sovcombank” app using own or borrowed funds;
• 1% for each purchase outside the partner network using own funds in the amount of 1 thousand rubles or more;
• 2% for purchases at partner stores using own funds in the amount of up to 5 thousand rubles exclusive;
• 4% for purchases at partner stores using own funds in the amount of from 5 to 10 thousand rubles exclusive;
• 6% for purchases at partner stores using own funds in the amount of 10 thousand rubles or more;
• 10% for each ride with Yandex Go taxi;
• 10% for purchases at partner stores using own funds in the amount of 50 thousand rubles or more with the "Halva.Desyatka" subscription.

By keeping your own funds on the card, you can earn interest on the balance. It is accrued as follows:

• 15% per annum is accrued by the bank in the first 3 months of servicing, provided you have the "Halva.Desyatka" subscription and make at least 5 purchases per month totaling 10 thousand rubles or more;
• 9% per annum — starting from the 4th month of servicing, provided you have the "Halva.Desyatka" subscription and make at least 5 purchases per month totaling 10 thousand rubles or more;
• 6% per annum — when making at least 5 purchases per month totaling 10 thousand rubles or more;
• 5% per annum — when making at least 1 purchase per month.

Borrowers who meet the following requirements can apply for the credit card:

• are citizens of the Russian Federation;
• have permanent registration and place of residence in the region where the bank is present;
• aged between 20 and 75 years;
• have a work experience at their current job of at least 4 months.

To obtain the credit card, you only need to provide a Russian passport. However, the bank may additionally request documents confirming your income and employment.

Pros:

• free card issuance;
• free card maintenance;
• high credit limit of up to 500,000 RUB;
• long grace period — up to 10 months;
• free transfers of borrowed funds with the "Halva.Desyatka" subscription;
• accrual of cashback up to 10% of the purchase amount;
• ability to get a card at 20 years old;
• can be applied for with just one document;
• home delivery of the card by courier.

Cons:

• high fees for cash withdrawals and transfers;
• the bank may request documents confirming income and place of employment.