VezdeDohod credit card from Pochta Bank

You do not need to pay for either the issuance or maintenance of the credit card — Pochta Bank does not charge additional fees without any conditions. Reissuing the credit card is also free if it is initiated by the bank or upon expiration. In other cases, you will need to pay a one-time fee of 299 RUB.

If you want to receive notifications about deposits and withdrawals, you can connect the "SMS Information" service. Its cost is 99 RUB per month. However, the bank does not charge a fee for the first month from the date of activation, nor when there are no spending transactions on the credit card.

The minimum available limit on the credit card is 10,000 RUB, and the maximum is 1,500,000 RUB. The credit organization determines this for each borrower individually, taking into account their credit history, debt load, salary size, place of employment, presence of dependents, and so on.

For this reason, the credit limit can be either minimum or maximum for you.

The maximum grace period on the credit card is 120 days. It applies only to non-cash payments for goods and services, and you will need to pay interest for cash withdrawals and transfers of borrowed funds.

If you do not have the full amount needed to fully repay the debt on the credit card, you can make only the mandatory minimum payment. Its size is 3% of the debt amount plus accrued interest and fees.

As mentioned above, Pochta Bank only charges no interest on non-cash payments for goods and services if you manage to repay the debt before the end of the grace period. In other cases, an interest rate of 39.8% per annum applies to transactions.

To prevent overdue debt from accumulating on your credit card, you need to either repay the debt before the end of the interest-free period or make mandatory minimum payments. If you fail to do this, the credit organization will charge a penalty. Its amount is 20% per annum of the overdue debt amount.

This credit card does not provide free transfers of borrowed funds and cash withdrawals. You will need to pay a fee of 5.9% plus 590 RUB to perform these operations.

The VezdeDohod credit card features a lucrative bonus program. By paying with this card, you can earn:

• 0.5% on all purchases without exception;
• 3% on purchases at clothing and footwear stores, restaurants, and cafes for total card spending of up to 30,000 RUB per month;
• 6% on purchases at clothing and footwear stores, restaurants, and cafes for total card spending of 30,000 RUB or more per month;
• up to 30% on purchases at partner stores of the MIR payment system.

Pochta Bank sets the following requirements for future credit card holders:

• Russian citizenship;
• permanent residency in the Russian Federation;
• age 18 and older;
• work experience at the current place of work from 3 months.

As for documents, the application only requires a Russian passport and a SNILS number. However, if you have a poor credit history or are requesting a high credit limit, you may also need certificates confirming your income and employment.

Pros:

• no issuance and maintenance fees;
• credit limit up to RUB 1,000,000;
• grace period of up to 120 days;
• opportunity to receive cashback of up to 30%;
• card issuance with two documents — a Russian passport and SNILS;
• option for home delivery of the card by courier.

Cons:

• high interest rate outside the grace period — 39.8% per annum;
• high fee for cash withdrawals and borrowed funds transfers;
• the bank may request documents verifying your income and employment.