Available credit cards from leading banks

How available credit cards are determined

To determine the availability of a credit card, you need to pre-study the terms of use of the banking product. Credit institutions offer a tariff plan for the banking product that helps determine whether there is indeed an available credit limit on the card for purchases or other financial transactions.

Once you become the owner of a credit card, take all measures to ensure the security of the banking product. The card cannot be transferred to another person, including your close ones. Never tell anyone the PIN code of the card anywhere, and independently assess your financial capabilities when using the banking product.

Credit card availability is determined by the following parameters:

1. Annual card maintenance. Banks can offer cards with an annual maintenance fee ranging from 0 RUB to 10,000 RUB per year. A card with 0 RUB maintenance has virtually no privileges, whereas expensive available cards feature extensive loyalty programs and capabilities. The maximum cost of annual maintenance is determined by the bank on an individual basis.
2. Interest rate. Any credit card initially implies profit for the credit institution. The bank sets an arbitrary interest rate, taking into account the intended use of the banking product. The interest rate cannot exceed the value specified by the regulator, represented by the Central Bank of Russia.
3. Commission fees. A credit card can also be used for cash withdrawals and transfers to another individual or legal entity. The amount or percentage of the commission is determined by the bank independently. Some credit institutions set zero-interest commissions or restrictions on the use of credit funds. You need to study the tariff plan in detail to avoid misunderstandings in the future.
4. Grace period. In most cases, all available credit cards have a so-called interest-free period. This means that you use the funds during a conditional grace period. And if you repay the issued credit before the deadline, you are not charged any interest. At the same time, there are certain requirements. Thus, within a month, the borrower must make a minimum payment or complete a transaction. A number of credit institutions provide a renewable grace period on the card. That is, once you deposit the money on time, you can use it again for a new interest-free period. The grace period is set from 30 days to 120 days, sometimes up to 150 days. Each bank independently regulates the exact duration of the grace period.
5. Loyalty programs. Cashback, bonuses, interest on balance, partner programs, and more—all these are parts of loyalty programs. If your card has a high annual maintenance cost, it means you have the opportunity to get cashback on purchases. The cashback percentage varies by bank; typically, the minimum percentage is 1%, and the maximum can be up to 30%-40%. More precise cashback terms can be clarified in the tariff plan of your chosen credit organization.

These are five important metrics that characterize not only available credit cards for people with bad credit history, but all types of banking products.

Pros and cons of available credit cards

When applying online for available credit cards, you need to study the positive and negative aspects of the banking products.

Positive aspects of available credit cards:

• The cards are suitable for those who are applying to a bank for the first time.
• Available credit cards have a low annual maintenance cost, as well as a reduced interest rate for using the bank's funds.
• A minimum package of documents is required to issue a credit card.
• Available credit cards can be obtained even if you have a poor credit history, though with a minimum credit limit.

Negative aspects of available credit cards:

• Few banks can issue a credit card under minimal loyalty requirements for the borrower.
• Available credit cards in some cases have restrictions on the loyalty program.

In the latter case, we note that such a loyalty program provides a reduced annual maintenance fee for the banking product—no more than 500 RUB, and sometimes 0 RUB per year. Cashback can be obtained only in a limited amount, or it is absent altogether. Even if cashback is provided for on the card, it will not exceed 3%.

Verified rating of available credit cards

The financial services comparison service invites you to apply for available credit cards, where you can review a verified rating of credit institutions. We invite you to pay attention to the following available credit cards from leading banks in Russia:

1. T-Bank. Platinum standard cards.
2. QIWI Bank, "Sovest" installment cards.
3. Russian Standard Bank, Platinum credit card.
4. Alfa-Bank, "100 Days Without Interest" credit card.
5. Sovcomбанк, "Halva" installment card.
6. Rosbank, "120 Days Without Interest" credit card.
7. Credit Europe Bank, Card Credit Plus program card.
8. MTS Bank, MTS Dengi Weekend credit card.
9. Vostochny Bank, Komfort credit card.
10. Alfa-Bank, Perekrestok card.

We also invite you to apply for other available cards featured on our financial matchmaking service. To choose a suitable card, please review the tariff plan details and then click "Apply Now". You will be redirected to the official website of the financial institution, where you will need to submit an online application and fill out a form. Within 10-15 minutes, you will receive the bank's decision on your application approval.