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Piraeus Bank extended terms for receiving credit card with an interest rate 1.99% per month till March 15, 2014
06 December 2013

Piraeus Bank proceeded the term of special offer on credit card issue with a unique interest rate till March 15, 2014 states the bank’s press service with reference to Retail banking department.

According to information from the Piraeus Bank’s Retail banking department the terms for credit card issue remained unchanged. So the interest rates are charged at the rate 1.99% per month on actually used amount of credit limit after the grace period regardless of card’s type – Visa Gold or Visa Classic. The term of grace period reaches 51-day during which interest rate equals 0.0001% per annum. After the grace period the client may repay the full amount of the debt or the minimum payment at the rate of 10% of the debt in order to proceed using loyal interest rate.

Required term for receiving credit card with a lower interest rate is the borrower’s official income above UAH 5 000 per month.

Interest rate for using credit card for payments in the sales and service networks or Internet during 51-day of grace period equals to 0.0001% per annum. Whereas after the grace period interest rates are accrued on actually used amount of credit limit according to the rate 23,88% per annum for both Visa Classic and Visa Gold cards.

What is more, the maximum loan limit on card, which can be provided for the credit card is UAH 25 000 for Visa Classic card and up to UAH 50 000 for Visa Gold.

Piraeus Bank also provides the balance inquiry information for credit card holders for free (via online banking system winbank, Piraeus Bank information line or by SMS-informing).

For detailed information about credit card please phone the call centre: 0 800 30 888 0 (calls from stationary phones within Ukraine are free of charge, from mobile phones – according to the operators tariffs), visit the Bank branch or official web-site

Note. Piraeus Bank Group is one of the major banking institutions of Southern and Eastern Europe. Piraeus Group's pro-forma total assets amount to €95 bn, net loans to €63 bn and customer deposits to €55 bn (at the end of June 2013).

Piraeus Bank entered the Ukrainian market in 2007.

Piraeus Bank has the highest rating of deposits reliability provided by "Credit-Rating" Agency (grade "5"as of latest rating of 29.10.2013).

The Bank is authorized by the Pension Fund of Ukraine to make payments of pensions and financial assistance. The Bank is a member of Fund of Guaranteeing the Deposits of Individuals and Forum of Leading International Financial institutions (FLIFI).

Piraeus Bank in Ukraine Press Office
tel: +38(044)495-88-88