ZENIT Bank opens a credit card with a grace period of 120 days and cash withdrawal without interest

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AK&M 30 January 2023 11:54

ZENIT Bank has launched a new credit product "Privilege Card" with two grace periods: 120 days without interest on purchases and 120 days without interest on cash withdrawals and transfers. Grace periods are not linked to each other and are opened only if the customer makes the first transaction — purchase or cash withdrawal and transfers. This is stated in the bank's message.

The "privilege Card" is convenient to make daily purchases and receive cashback of up to 7% on purchases in supermarkets, cafes and restaurants, taxi and public transport payments. The issue and maintenance of a credit card are free of charge.

If the client has not managed to repay the debt during the grace period of 120 days, the guaranteed interest rate on cash withdrawals made in the first 30 days will be 9.9% per annum. In addition, the card allows you to make transfers, as well as pay for goods and services using a QR code through the SBP.

PJSC Bank Zenit was founded in 1995. The credit institution has a wide international correspondent network of partner banks. He is a shareholder of Zenit Finance LLC, National NPF JSC, Zenit Leasing LLC.