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"Converse Bank" CJSC provides VISA MINI credit consumer cards which are as yet innovation in Armenia 19.08.2007
The specified card is very attracting by its appearance especially with its convenient small size. It is noteworthy that VISA MINI consumer card furnished by "Converse Bank" CJSC is a credit card by itself, which is
VISA MINI credit consumer cards and credit limit are furnished with the repayment period up to 2 years.
The lending limits by VISA MINI credit cards are:
The repayment of the accumulated interests and amounts used within the credit limits begins from 4th month.
The established credit interest rate is 24% per annum.
The lump sum servicing fee by VISA MINI cards is AMD 2 000 per annum.
The credit limit should be used within 3 month starting from the furnishing day and is after which automatically closed by the Bank.
Cash withdrawal transactions by VISA MINI cards are not allowed.
The cards limit is closed after 3 months,but the cards are available for use. Amount can be entered into the card.
VISA MINI credit consumer cards are furnished by the Head Office or by the "Central", "Avan", "Metsamor", "Armavir", "Hrazdan" and "Nor Hadjen" branches.