Credit card 180 days without % from Promsvyazbank

You can get a credit card for free — the bank does not charge an additional fee for its issuance. Maintenance of the credit card will also be free for you. At the same time, you will not need to meet any conditions.

As an additional service, you can enable notifications for deposits and debit transactions. The cost of this option is 99 rubles per month. However, the service is free for the first month from the activation date.

The available credit limit on the card is up to 1,000,000 rubles. However, the maximum amount can only be obtained when applying for the credit card at a Promsvyazbank branch. When filling out an online application on the website or in the mobile app, the maximum available amount is 300,000 rubles.

However, we would like to note that PSB determines the credit limit for each borrower individually, meaning it may be lower for you than the amounts stated above.

The maximum interest-free period for the credit card is 180 days when applying between September 11 and December 31, 2024, and 101 days when applying before September 11, 2024.

The grace period applies only to cashless payments for goods and services, as well as QR-code purchases via the Faster Payments System.

If you do not have enough funds to fully repay your credit card debt, you can make just the mandatory minimum payment, which is 3% of the debt amount.

In addition, the mandatory minimum payment includes accrued interest, fees, penalties, and overdue debt, if any.

As mentioned above, Promsvyazbank does not charge interest only on cashless payments for goods and services, provided the debt is repaid before the interest-free period ends. In all other cases, the interest rate for transactions is 47.5% per annum.

To prevent overdue debt on your card, you must either repay the debt before the grace period ends or make mandatory minimum payments. Failure to do so will result in the bank charging a penalty at a rate of 20% per annum.

The advantage of this credit card is that you can withdraw cash without a fee at Promsvyazbank ATMs and partner bank ATMs. The transaction limits are 500,000 RUB per day and 2,000,000 RUB per month. Exceeding these limits will incur a fee of 2% on the excess amount.

However, card transfers are subject to a fee of 5.9% plus 590 RUB. Meanwhile, the bank charges no fee for paying utility bills, taxes, fees, and other budget payments to the Russian Federation.

The card features a fairly standard bonus program. By paying with it, you can earn purchase cashback of:

• 1% for total monthly purchases from 10,000 to 50,000 RUB;
• 1.5% for total monthly purchases from 50,000 RUB.

The bank does not award cashback if your total monthly purchases are under 10,000 RUB.

You can get a credit card if you meet the following PSB requirements:

• holding Russian citizenship;
• have permanent registration, place of residence, or place of work in a region where a Promsvyazbank branch is located;
• have a total work experience of at least 1 year.

As for documents, only a Russian internal passport is required to apply. However, if necessary, Promsvyazbank may request documents confirming income and employment. This does not apply to PSB salary clients.

Pros:

• no issuance and maintenance fees;
• credit limit up to RUB 1,000,000;
• grace period up to 180 days;
• no fee for cash withdrawals of up to 500,000 RUB per day and 2,000,000 RUB per month;
• opportunity to receive cashback of up to 1.5%;
• card issuance with a single document;
• option for home delivery of the card by courier.

Cons:

• high interest rate outside the interest-free period at 47.5% per annum;
• high commission for transfers of borrowed funds;
• the bank may request documents verifying your income and employment.