Debit Pension card from Promsvyazbank

You can get the Pension Card and use it for free — the bank does not charge an additional fee for either issuing or maintaining the card. If you want to receive notifications about deposits and withdrawals, you can connect the option. The cost of this service is 79 RUB per month. At the same time, SMS notifications about the crediting of pension payments are free of charge.

You can top up your debit card for free in the following ways:

• at Promsvyazbank cash desks for amounts starting from 20,000 RUB;
• at Promsvyazbank ATMs;
• at ATMs of Alfa-Bank, MInsbank, UBRD, and VTB;
• from other banks by card number;
• from other banks via the Faster Payments System (SBP).

You can withdraw money from the card without commission at ATMs of Promsvyazbank and partner banks: Alfa-Bank, Russian Agricultural Bank, UBRD, and MInsbank. You can also cash out the card for free at ATMs of other banks for amounts up to 30,000 RUB per month when pension payments are credited. If this limit is exceeded or if no pension is credited, you will need to pay a commission of 1%, but not less than 299 RUB.

You can transfer money without commission between your own accounts for amounts up to 30,000,000 RUB per month and to other Promsvyazbank clients. You can also send funds to clients of other banks for free via the SBP for amounts up to 100,000 RUB per month. The commission for exceeding this limit is 0.5%, but not more than 1,500 RUB. Transfers by card number are subject to a fee. To perform these operations, you will need to pay a commission of 1.5%, but not less than 30 RUB.

The Pension debit card features a profitable bonus program for retirees. By paying with the card, you can receive 3% cashback for purchases in the "Pharmacies", "Gas Stations", and "Pet Supplies" categories.

You can also receive up to 20% cashback from the "Privet, Mir!" loyalty program.

The card does not provide for the accrual of interest on the balance. Therefore, if you have savings and want to receive a small passive income, we recommend opening the "Aktsent na Protsent" savings account with a yield of up to 17% per annum.

Interest is accrued as follows:

• 9% per annum when paying for purchases in the amount of 10,000 RUB or more per month;
• 13% per annum when paying for purchases in the amount of up to 50,000 RUB per month;
• 15% per annum when paying for purchases in the amount of up to 150,000 RUB per month;
• 17% per annum when paying for purchases in the amount of 150,000 RUB or more per month.

Higher interest is provided only on balances up to 1,000,000 RUB. A base rate of 9% per annum will apply to the amount exceeding this limit.

Pros:

• free card issuance and reissuance upon expiration;
• free use of the mobile app and online banking;
• free card maintenance without meeting any conditions;
• free card top-up at Promsvyazbank cash desks for amounts from 20,000 RUB, at ATMs of Promsvyazbank, Alfa-Bank, MInBank, UBRR, and VTB, via card-to-card transfer, and through the Faster Payments System (FPS);
• free cash withdrawals at ATMs and cash desks of Promsvyazbank, partner banks, and other banks for amounts up to 30,000 RUB per month;
• free transfers between own accounts up to 30,000,000 RUB per month, and to other Promsvyazbank clients and clients of other banks via the Faster Payments System (FPS) up to 100,000 RUB per month;
• accrual of cashback up to 20% of the amount.

Cons:

• high fees for cash withdrawals and transfers when limits are exceeded;
• no interest on the card balance.