CrimeaPRESS reports:
RNKB Bank, a member of VTB Group, is launching a new service — installment plan for making purchases with credit cards, valid from three months to a year. The service allows you to return money in equal installments for a specific purchase over a longer period without accruing interest, the client pays a processing fee only once. Installment plan can be connected for purchases from 1000 rubles, which were made in the previous and current month.
The client chooses the installment term independently — 3 months, 6 months, 9 or 12 months. The shorter the installment period, the lower the commission. At the same time, the grace period for transactions that are not executed in installments will continue to operate subject to the necessary conditions. The service is available to credit card holders with a mobile application installed on a smartphone with Android operating system version 1.78.0 or later. For more information about the terms of payment by installments, please visit the bank’s website.— noted in the press service of the bank.
Recall that in 2023, the number of RNKB credit cards issued to customers exceeded 1 million. Since the beginning of 2023, customers have issued about 50,000 credit cards. Last year, the grace period on the RNKB credit card increased from 55 to 115 days and still applies to all credit card transactions (purchases, cash withdrawals and transfers), while for payments with the RNKB card, the client can receive a cashback of up to 5% within loyalty programs.
source: RNKB press service
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