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News

03/11/2004

Bank of Moscow is beginning an ambitious program to issue credit cards

Bank of Moscow has started to issue VISA credit cards for a wide range of clients. The bank can apply for a credit card of any type of VISA: Visa Electron, Visa Classic, Visa Gold, Visa Platinum.

Moscow Bank intends to become one of the leading credit cards in Russia, providing clients with fast processing of credit cards and easy repayment credit debt. At the initial stage of issuing credit cards will be organized in Moscow a network of Bank of Moscow, and then get a credit card can be in any regional branch of the Bank.

Duration of the application for a credit card with the amount of the credit limit of up to 100 thousand rubles is only 1 hour, when the amount of the credit limit of more than 100 thousand rubles - 3 working days. The maximum credit limit credit card - 350 rubles. The maximum credit limit is determined by the borrower's income. The decision of the Bank issuing the credit card the customer is carried out using a scoring method. Annual rate of 23% per annum.

Card holder must be a monthly put out 10% of the amount of debt. The amount of the credit limit is restored to the amount of payments.

Deputy Director, Department of the retail business of Bank of Moscow Roman Vorobyev said: "The development of this product the main objective was to make it the most convenient for our customers. For example, one of the advantages of credit card Bank of Moscow is that the cardholder to pay off monthly or at any branch of Bank of Moscow is not the full amount of debt, a fixed part, representing only 10% of the amount of funds spent ".

Source: Kredity.Ru

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