Eurasian Bank Changes Payment Card Standard Fees
From 6 November 2023, changes to the payment cards fees under the credit limit product with the installment and revolving loan option— SmartCard come into force
| 2. | Credit limit with the installment and revolving loan option – SmartCard | ||
| Type of payment card | MasterCard World | ||
| 2.7. | Fee for changing terms an the borrower’s initiative | ||
| 2.7.1. | Installments before purchase (the option is valid for 30 calendar days from the date of installation of the option) | For cards issued under the Credit Limit package with the installments and revolving loan option – SmartCard | |
| 2.7.1.1. | – fee for enabling the installment option in the Partner network (3 and 6 months) | free | |
| 2.7.1.2. | – fee for enabling the installment option in the Partner network (9 and 12 months), for each month of the selected installment period | 1, 000 tenge | |
| 2.7.1.3. | – fee for enabling the installment option outside the Partner network (3, 6, 9 and 12 months), for each month of the selected installment period | ||
| 2.7.2. | Installments after purchase | For cards issued under the credit limit package with the installment and revolving loan option – SmartCard 2.0 | |
| 2.7.1.1. | – fee for using the installment option in the Partner network (3 and 6 months) | free | |
| 2.7.1.2. | – fee for enabling the installment option outside the Partner network (3 months) | free | |
| 2.7.1.3. | – fee for enabling the installment option outside the Partner network (6 months), for each month of the selected installment period, charged monthly | 1% of a transaction amount*** | |
| 2.7.1.4. | – fee for connecting the installment option online / offline Partners (12 months), for each month of the selected installment period, charged monthly | 2% of a transaction amount*** | |
| 2.7.3. | Revolving loan after purchase | ||
| 2.7.3.1. | – fee for using the option to transfer the amount of the used credit limit from installments to revolving credit (once during one (1) calendar year for each purchase) | 0 tenge | |
| 2.7.3.2. | – in case of late repayment of the amount owed, the penalty (fine, penalty fee) is: | ||
| – within ninety (90) days of delay | 0.5% of an overdue payment amount, for each day of delay |
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| – after ninety (90) days of delay | 0% of an overdue payment amount for each day of delay |
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| Note: | |||
| * Including VAT | |||
| ** In case of successful execution of this operation, | |||
| automatic reset of the number of incorrect attempts to dial the PIN code, when | |||
| subject to their accumulation. At the same time, the fee for resetting the PIN code counter is not | |||
| charged | |||
| *** If the installment option is enabled after the purchase, the fee is calculated | |||
| monthly from the initial purchase amount, for which the installment period is extended after | |||
| purchase and is charged monthly, for each month of the selected installment period | |||