URBAN CARD Credit Card from Credit Europe Bank

Card issuance, as well as reissue due to expiration or at the bank's initiative, is always free. Credit Europe Bank also does not charge a fee for using the card. Additionally, you can enable transaction alerts. The cost of this service is 59 RUB per month.

For card re-issuance at your initiative, for example, due to a lost card, lost PIN code, change of personal data, and so on, the bank will charge a fee of 300 RUB.

The credit limit on the card is up to 600,000 RUB. It is determined for each borrower individually.

Installment plans of up to 12 months are available for purchases made at Credit Europe Bank partner stores. For regular purchases — up to 55 days.

The minimum monthly payment on the credit card is 2% of the debt amount, but not less than 200 RUB plus accrued interest for using the funds.

The bank does not charge interest on purchases made within the grace period. Outside the interest-free period, Credit Europe Bank charges 29.9% per annum on any transactions.

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

For cash withdrawals, you will need to pay a fee of 4.9% of the transaction amount, but not less than 399 RUB, and for transfers 1.9%, but not less than 199 RUB.

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

• 1% on regular purchases;
• 3% for car and motorcycle rentals;
• 5% for purchases in the "Gas Stations" and "Auto Services" categories;
• 10% for purchases in the "Public Transport" category.

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

• are citizens of the Russian Federation;
• have permanent registration in Russia or registration at the place of stay or residence;
• aged 18 and older;
• have a regular source of income.

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 — up to 600,000 rubles;
• extended grace period — up to 12 months;
• начисление кэшбэка в размере до 10% от стоимости покупок;
• can be applied for with just one document;
• home delivery of the card by courier.

Cons:

• high interest rate outside the grace period — 29.9% per annum;
• high fees for cash withdrawals and transfers;
• the bank may request documents confirming income and place of employment.