Promotion
The Campaign shall be valid from March 7, 2017 until May 31, 2017, inclusive.
Within the framework of the Campaign, the following conditions will apply towards Woman’s cards (hereinafter referred to as the Card):
- Provision of a new Woman’s card without the card account service fee for the first year, and for the subsequent years the service fee will be discounted by 50%;
- Provision of a credit limit with the Card, according to the conditions specified in the table below;
Conditions of the credit limit, within the framework of the Campaign*:
|
Conditions |
For the Bank’s new and existing customers |
For the customers covered by the Bank’s salary projects |
| Type of the credit limit | Without a grace period, revolving | |
| Size of the credit limit, if the net salary isn’t above AMD 100,000 | Up to three-fold of the net salary, maximum AMD 300,000 | Up to five-fold of the net salary, maximum AMD 500,000 |
| The total sum of the balance of loans and credit limits, not secured with collateral, (including the ones to be provided) existing in the Bank and other organizations shall not exceed ten-fold of the customer’s net salary | ||
| Size of the credit limit, if the net salary is above AMD 100,000 | Up to six-fold of the net salary, maximum AMD 600,000 | Up to ten-fold of the net salary, maximum AMD 1,000,000 |
| The total sum of the balance of loans and credit limits, not secured with collateral, (including the ones to be provided) existing in the Bank and other organizations shall not exceed fifteen-fold of the customer’s net | ||
| Annual interest rate | 19% | 17% |
| Currency | AMD | |
| Maximum term of provision of the credit limit | 36 months | |
| Procedure of repayment of the credit limit | The used credit limit is restored for the paid amounts, but not more than the size of the credit limit, and the total limit decreases by the principle of equal monthly amounts (the decreasing monthly amount - amount of the approved limit divided by the number of months of the credit limit validity period) | |
| Requirements towards the applicant’s credit history |
|
|
| List of required documents |
|
|
* Minimum size of the credit limit - AMD 100,000
Conditions of the credit limit provided on the Card within the framework of the Campaign*:
After one year of servicing of the provided credit limit, the credit limit can be restored based on the cardholder’s application maximum for the size of the initial amount and in case of meeting the requirements towards the credit history set by the table above, provided that there was no delay in repayment of the credit limit for more than 5 days.
The conditions of the Campaign don’t apply towards attached and additional cards.