Credit card mts money terms

Terms of receipt

In addition to this material, information on how to get an MTS Money card with a credit limit is also contained on the official website. The process of making plastic is quite simple.

However, before obtaining an MTS Bank credit card, it is necessary to submit documents and comply with a number of conditions. In particular, a Russian passport is required to apply for MTS Money. The rest of the documents (a copy of the work book, SNILS, TIN, etc.) do not need to be submitted. This greatly simplifies the application process.

The following conditions must also be met in order to issue an MTS Bank plastic with a cash limit:

1. Russian citizenship;
2. the borrower must be over 23 and under 60;
3. permanent registration in any subject of the Russian Federation.

When issuing a Cash-Back Platinum card, the bank puts forward additional requirements:

• proof of income for the last three months;
• the presence of a debit plastic, which is part of the salary project.

Plastic “MTS-Money” is a unique credit product created with the support of the MasterCard transaction system. Having studied the reviews of the holders, we came to the conclusion that the credit card is very profitable. Plastic can be needed at any moment if you need to make a payment for services, pay for goods in a store or make a remote purchase.

• It takes no more than a quarter of an hour to issue a card. MTS points in Russia are very common, and you can apply to any of them to get a card.
• Plastic owners become the operator’s VIP clients and fall under the bonus program. They are the first to know about discounts and can take part in closed promotions from MTS partners.
• Purchases and services can be paid online. Transactions take place instantly, as with a regular bank card.

• The credit limit set by MTS Bank in rubles does not exceed 300,000. The amount is calculated for each holder individually.
• The rate range when using the credit limit is 23-33% per annum.
• The card has an interest-free period of 50 days.
• The amount of the minimum payment is not set by the bank – the payer determines it independently. It is important to remember that its size cannot be less than 1000 rubles or 5% of the loan amount.
• Commission payments for cash withdrawal are 3.9% plus 350 rubles.
• It is allowed to withdraw up to 50,000 per day, up to 0.6 million monthly
• The annual maintenance cost depends on the type of plastic. On average, a client pays from 0 to 700 rubles at the beginning of the year.

We remind you that the cost of servicing is directly related to the category of credit card. What type of cards are currently being issued can be found at the operator’s offices or by calling the bank.

Credit card supports additional services. For example, its owner can connect cashback up to 8% of the purchase or reduce the interest rate by 3% if he actively uses plastic in everyday life.

Future credit card holders can choose one of the four options offered by the bank. The choice of product should be made based on the purpose of its use, for example:

1. Smart Money program – limit 299,999, grace period – 51 days, tariff – from 24.9%, maintenance costs – up to 1188, but for MTS number holders the annual service is free. The holder can connect cashback and benefit from regular purchases.
2. Money Weekend has similar parameters, but the holder will have to pay for the service themselves. Cashback up to 9% for selected product categories is also possible. The credit rate ranges from 24.9% – 27% per annum.
3. The Cashback card is suitable for customers who regularly use credit funds. Its owner can get a loan of 0.3 million with an interest rate of 11.9% to 25.9% per year. For plastic, there is a grace period of 111 days. The owner pays 300 rubles for the issue of plastic, but the bank provides the annual service for free. Also, the holder can become a member of the bonus program, where they return up to 25% of purchases, but not more than 10,000 rubles.
4. MTS Money Zero – this card does not accrue interest, but there is a cost of servicing the loan, which is 30 rubles per day if there is a debt. The cost of issuing a card is 299 rubles. The maximum credit limit is 150,000 rubles.

The MTS Money Weekend card is issued in MasterCard format. It can be used for settlements abroad, the intermediate conversion currency is US dollars. A contactless payment system has been implemented, there is a chip.

The card has an extended cashback program. You can withdraw cash, transfer to other accounts. It is allowed to replenish with your own money, but the deposit interest rate does not apply to them.

The bank provides the best conditions to the owners of numbers of the mobile operator MTS. They can participate in promotions, bonus programs.

Grace period

The maximum extended grace period (LP) is 51 calendar days. The Bank can change it unilaterally during the consideration of the application. The duration of the LP is set individually. Criteria – information about the borrower. The amount of official earnings, credit history, whether you are a bank client are taken into account.

LP features:

• The start of the grace period starts on the day the card is activated.
• Regardless of the duration of the LP, before the 20th day of each month, you need to pay 5% of the debt, but not less than 100 rubles.
• Cash withdrawals or transfers to accounts of other banks are not included in the LP.

The latter need to be tracked separately. Otherwise, you will have to pay not only the commission for the transfer (withdrawal), but also the interest rate.

Plan big purchases at the beginning of the LP. This will make it easier to pay off the debt before the end of the grace period.

Cash withdrawal

Under the terms of the agreement, you will be able to withdraw cash from the card. This can be done with credit funds and your own. The last you transfer to the card, everything that will be in excess of CL is considered your own. They can be withdrawn at any ATM using a card without commission. If you do this without a card at MTS ATMs, you will have to pay 0.5% of the amount. In other banks, you will need to pay a commission of 1%, but not less than 100 rubles.

Conditions for withdrawing credit money:

• At MTS ATMs or other banks on the territory of the Russian Federation using a card – 3.9% 350 rubles.
• Without using a card – 4%
• Abroad or via alternative cash withdrawal methods – 4%.

The benefits include the withdrawal of free funds without paying a commission. However, the bank does not charge interest on them when the money is in the account. Conclusion: it is better to use another banking product with the possibility of accruing deposit interest.

Cashback

Owners of the MTS Money Weekend credit card automatically become participants in the cashback program – a partial refund of spent funds. For each purchase with a card, 1% of the purchase amount will be credited. But besides this, certain categories have an increased return percentage – up to 5%. In July, these are cafes and restaurants, taxi services, cinema tickets and public events.

Cashback features:

• Return every Friday.
• Automatic crediting of funds to the account.
• The maximum size is 3000 rubles. per month.

Important: Credit card abuse will result in disqualification from the cashback program. Track the timely payment of the debt, for each day of delay, 0.1% of the amount is charged on the balance of the debt.

Credit limit

The maximum amount of the credit limit (CL) is 299999 rubles. This amount can only be received by regular customers of the bank who have made a deposit or salary account. The average CL for a new client is up to 100 thousand rubles. But after a long use of the card, financial transactions on it and compliance with the terms of the agreement, the bank may revise the CL upwards.

What affects the size of CL:

• Official income. It is not necessary to confirm it, but having a certificate from the place of work will be a plus.
• Current financial liabilities. These include payments of debts on loans, loans, alimony.
• Credit history.

The latter directly affects the possibility of obtaining a card and indirectly on the size of the CL. The bank will set the credit limit itself, but you can specify the desired amount in the application.

To pay off a debt or a mandatory monthly payment, we recommend making a transfer from another card. This can be done in your personal Internet banking account or mobile version. “MTS Bank” will not charge an additional commission for this operation. Exception – the transfer is made from the account of a legal entity or individual entrepreneur. Then 5% of the replenishment amount will be withheld.

Alternative ways to repay debt:

• In MTS mobile communication stores.
• At the branch of the bank or its partners, payment through the cash desk in cash.
• At ATMs, if they have the function of accepting cash.
• Terminals. The most unprofitable method, you will have to pay a commission of 1-5% of the total amount.

Consider the transfer time (transaction). The repayment of the debt will be taken into account only after the receipt of funds to the credit account, and not after the end of the financial transaction. By bank transfer, money can be spent 1-3 banking days.

Features of MTS-Money credit cards

Decoration

Any citizen of the Russian Federation who has a permanent residence permit in any region of the country can get an MTS Money Weekend credit card. The age of the potential recipient is from 18 to 70 years.

Card issuance usually takes several days. It is required to submit an application, wait for approval and come for a card at any branch of the Bank.

An online application is considered no more than 5 business days. If approved, an employee of MTS Bank will contact you to confirm and clarify the details. After that, you will have to pick up the plastic at any MTS branch.

At the registration stage, it is possible to choose the type of card: registered (with the last name and first name on the front side) or non-personalized. There are no differences between them in terms of functionality and conditions.

If a non-personalized card can be obtained immediately after the approval of the application, then the issuance of a personalized card will take up to two weeks.

Annual commission for servicing MTS credit cards Money Weekend – 900 rubles. But it is charged if the client has made at least one financial transaction during the year.

PIN code

When issuing a Weekend card, the client receives two personal PIN codes:

1. standard PIN code (issued in an envelope with the card) designed to identify the client when making payment transactions offline: paying for goods and services, withdrawing cash;
2. Phone PIN (sent via SMS to the customer at checkout), which serves as a user ID when contacting the phone support number.

Both PIN codes are analogues of the client’s electronic signature, therefore they are not subject to disclosure to third parties.

If you forgot your PIN code, or just want to set a new one, you need to call the official support number for MTS bank card holders 8 (800) 250-05-20 and follow the instructions of the answering machine. This may require your passport details and credit card number.

Card reissue

MTS Money Weekend credit cards are valid for 3 years. After that, automatic re-release is provided. Exception – if during the last two years before the expiration date, the client did not make financial transactions on the card.

Upon reissue, you will receive a similar card of the same type and the same tariff plan. To change the tariff, limits, or other terms of the agreement, you need to submit a written application to MTS Bank before the end of the card validity period.

In all cases, except for the expiration of the term, the reissue is carried out only with a written application from the holder, and a commission of 900 rubles is charged. for issuing a card.

The client has the right to refuse automatic reissue “by due date”. To do this, you must submit a written application to the Bank no later than 30 calendar days before the expiration of the card.

The reissued card should be picked up at the branch of MTS Bank. Shelf life – 3 months, after which the plastic must be destroyed.

All pluses and minuses of the card

One of the key advantages of the MTS Money Weekend credit card is the ability to replenish and withdraw your own funds without paying a commission. This will allow you to make purchases or pay for services in cash. The main thing is to increase the balance on the card in time. Withdrawal of credit funds without additional payments is not possible.

Card benefits:

• Convenient cashback program with weekly payments.
• Minimum requirements for a borrower if you are counting on a small amount of CL.
• Promotions and bonuses for regular customers.
• Some operations can be done in MTS mobile communication stores.

Weaknesses:

• Imposition of life insurance services. But lately the bank has been doing it not so actively.
• Large commission for replenishment from the accounts of legal entities, individual entrepreneurs.
• It is unprofitable to withdraw borrowed funds.

Unlike most other credit cards, this one uses your own money. This applies to withdrawals and deposits.

User Questions

The maximum limits (as well as more favorable interest on the loan) on the MTS Money Weekend card are provided for payroll clients and can reach 400 thousand rubles. For ordinary clients – up to 300 thousand rubles.

Interest rate for using the loan – from 21 to 29.9%.

At the same time, limits and interest for each client are determined individually, for reasons of its reliability and solvency, according to representatives of MTS Bank.

Cash out

Cash withdrawal from MTS Money Weekend credit cards is available at all ATMs in Russia.

Only the balance of your own funds can be cashed out without commission. For the withdrawal of credit money, the commission will be 3.9% 350 rubles.

Cash withdrawal limits – 50 thousand rubles per day and 600 thousand per month.

Grace period

Interest-free period for using credit funds on the MTS Money Weekend card – up to 51 days.

In order not to pay interest, you need to cover the debt by the 20th day of the month following the month in which the debt arose.

Thus, the number of days of the grace period depends on which day of the month the loan funds were used for the first time. The maximum grace period will be obtained when using the loan in the first days of the month.

The month of using the loan is a settlement month, the next month is a payment month.

You can find out the balance of your Weekend credit card using the SMS service. To do this, send a message of the following form to the short number 2121: “Balance XXXX” (where XXXX is the last four digits of your card number).

SMS notification service is free.

You can replenish your account in various ways:

• through any ATMs on the territory of the Russian Federation with the function of accepting cash;
• through cash desks at MTS Bank branches;
• through payment terminals;
• using Internet Banking or a mobile application (transfer from a card of Sberbank or another bank);
• from the MTS Wallet Money service, which allows you to replenish the balance not only by transfer from bank cards, but also from your mobile phone account.

In the event that the debt is not repaid on time, MTS Bank will apply penalties:

• a fine of 500 rubles for missing the minimum payment;
• 0.1% interest for each day of delay.

Any transfers from the MTS Money Weekend card can be made through MTS Bank or its mobile application. The term for receiving funds in this case depends on the bank of the recipient’s card. As a rule, money is credited no later than a few business days.

When transferring money from a Weekend credit card, there are several nuances to consider:

• Non-cash transfers from a credit account to other cards are subject to a 7% commission.
• The amount of one transfer cannot exceed 100 thousand rubles, excluding the commission charged by the Bank.
• There is a limit on the maximum transfer of funds within a month – 850 thousand rubles from one card.
• The currency in which transfers are allowed is only rubles.

Connecting mobile applications makes it possible to make payments “contactless” by placing a mobile phone to the terminal.

When making transactions in the amount of up to 1000 rubles, you will not need to enter a PIN code. For amounts exceeding 1000 rubles, for security reasons, it is necessary to enter a four-digit PIN code.

Transfers from card to other cards

The cooperation agreement provides for the possibility of transferring funds to the accounts of other banks. The minimum commission is charged for transferring own money to other cards by account number – 0.3% of the amount, but not less than 20 rubles, and not more than 150 rubles. The same operation, but from card to card – 1%, but not less than 49 rubles. The transfer at a bank branch will be the most expensive – 1.5%, the remuneration limits are 20-2000 rubles.

Terms of credit money transfer:

• To an account or card – 3.9% 350 rubles.
• To an account or card in a bank branch – 7%.
• Replenishment of accounts abroad is prohibited.

Conclusions: we do not recommend transferring credit money, too much commission is charged for the service. It is more convenient to do these operations with your own funds.

Cashback from partners

A partial refund is provided for all purchases paid with a Weekend Money credit card in the amount of 1% (except for goods and services for which, according to the terms of MTS Bank, cashback is not provided).

Increased cashback is charged for certain categories of goods – from 5 to 10%.

These include spending on cafes and restaurants, taxis, and sports goods and fitness clubs.

The actual return percentage for different categories is constantly changing. The exact list of product categories that provide increased cashback is given

Accruals are made every Friday for the previous week (from Monday to Sunday).

There are restrictions on cashback to MTS Money Weekend credit card:

• the amount of remuneration cannot exceed 3,000 rubles per month;
• cashback is not credited when withdrawing funds and making online transfers;

• cashback is not credited for all categories of goods.

If you have any questions about cashback accrual, please call the free support number 8(800)250-05-20.

Who can get a credit card from MTS Bank

The Bank has standard requirements for potential cardholders. The future holder must have:

• citizenship of the Russian Federation;
• residence permit;
• work from 3 months;
• the amount to pay for the issue.

Also, the recipient of the card must meet the age requirements of the bank, i.е. be over 23 years of age. At the time of registration, you will need to name 2 phone numbers, one of which is a landline. Passport and additional document required as well

on the level of wages.

As soon as the credit card is ready, the MTS employee will issue an envelope with a PIN code. Activation of the means of payment takes place by phone numbers indicated in the documents. Applications for the release of plastic are accepted at the bank office or by calling the round-the-clock service.

Feedback from its holders, as well as bank operators, will tell about the additional advantages of MTS plastic.

You can choose the option of issuing a card – on the bank’s website or through the Gosuslugi portal. The latter is relevant if you have registered, there is an electronic signature. On the site, while filling out the questionnaire, you can get an online consultation from a bank specialist. Pre-prepare documents, personal data.

The procedure for issuing a credit card “MTS Money Weekend”:

1. Contact information – full name, mobile phone number, e-mail.
2. Information from the passport – number, registration.
3. Data on work – length of service, salary level.
4. Additional information – marital status, current loans, loans.

After processing the information, a bank specialist will contact you to clarify a number of issues. Then choose the method of receiving the card – at the nearest bank branch or by courier. The latter service is free, but delivery time to regions can be 5-7 days.

One of the advantages of the card is the minimum requirements for the borrower. According to the description, you only need Russian citizenship and permanent registration. But when considering an application, bank employees analyze a number of other factors.

• Age – 20-70 years.
• Official earnings. It must be more than 15 thousand rubles. including taxes paid.
• Family composition, number of dependents.
• Seniority. The minimum period at the last place of work is 3 months.
• Absence of overdue payments on current loans.

One of the reasons for refusal may be a bad credit history. You can find out in advance by writing a corresponding application at any bank. But it is free only once a year.

To apply for a credit card with a minimum credit card, you only need a passport. Specify the data from it in the application. Please check if it has been extended in accordance with current regulations.

To obtain the maximum credit limit, we recommend preparing a number of other documents:

• Statement of income in the form 2-NDFL.
• Confirmation of ownership of a car, real estate.
• Additional identification documents – passport, driver’s license.
• A copy of the labor, certified by the employer.

After a positive decision, they will need to be presented at the MTS Bank office or to the courier. You can prepare scanned copies in advance.

Main and additional cards

MTS Bank provides an opportunity to issue up to 5 additional cards to the holder of the main one. All cards have one account, which is convenient, for example, for use by family members or other authorized persons.

The holder of the Weekend main card can control expenses and manage funds from the MTS Bank application interface.

Each user can issue no more than two main cards for himself.

An additional card is issued on the basis of an application by the holder of the main one – either for himself or for another person. It allows the client to enjoy all the benefits of the MTS Money Weekend loan product. All terms of use applicable to the main cards also apply to additional ones.

An annual fee of 900 rubles is provided for servicing each additional card.

How to close the card

The condition for the complete closure of the credit account is the absence of debt. In addition to the principal debt, take into account the annual interest, the amount of which is accrued in the next reporting period. All debts must be paid in full. For verification, we recommend making an account statement showing the balance.

The reason for closing the card is a statement from the client. You can draw it up at a bank branch, or transfer it through the employees of the nearest MTS mobile phone salon. But in this case, the registration time at the bank will be later than for the usual procedure.

After 45 business days, the account will be closed. To prevent possible problems, order a certificate of closing the card and the absence of debt.

You can close the card at any time by submitting a written application to MTS Bank.

For this, it is better to personally come to the bank branch. If there are no branches in your city, you can submit an application through the employees of any MTS communication salon. However, in this case, the process may be delayed.

After the decision to close, you will receive a final statement from the bank, which will reflect the current debts (if any), which should be immediately repaid.

The Card is the property of the Bank, and upon closing is subject to return to the Bank and destruction (except in cases of loss or loss). Returning the card to the bank is desirable, but it is not a mandatory requirement.

Cardholder Reviews

It took 2 days to issue the card, this is taking into account the application on the site. I have been using “Money Weekend” for the 3rd month. During the grace period it was convenient, you do not need to pay interest. But even now, cashback covers part of the purchases, the main thing is to replenish the card on time. Ekaterina Soshkina

I have been the owner of this card for two years now. Before that, another credit card was opened at MTS Bank, but I refused it. Later, an SMS came with the offer “MTS Money Weekend”, and with free service for the 1st year. In general, the card is convenient, I recommend paying attention to the cashback under the Media program. Stepan Kutikov

Card conditions are good for online shopping. Actively used “Money” during the grace period. I do not recommend withdrawing cash, transferring to other accounts. The reason is exorbitant commission. Vladimir Burda

This card from MTS may be good, but the bank managers spoil the whole impression. I submitted my application and they confirmed it to me. But as soon as I said that I was temporarily not working, they immediately refused to apply. Couldn’t they immediately inform that official earnings are a prerequisite? Irina Vladimirovna

Immediately about the advantages of the “Money Weekend” credit card – relatively quick processing, a convenient cashback system. The interest-free period is too short in my opinion. As soon as you get a taste, you already have to pay interest on the loan. Ivan Ryabchenko

As for the “universality” of the card and the ability to pay for absolutely any goods and services offline and on the Internet, this is not a particular advantage, since it is available for most credit cards.

Let’s consider why MTS Money Weekend credit cards are remarkable among competitors.

So, users note the following pluses:

• Fast and hassle-free checkout. In a situation where money is urgently needed, you can count on a guaranteed receipt of an MTS credit card. At the same time, apart from the passport of a citizen of the Russian Federation, no documents are required;
• Modern technologies. In stores, transactions can be made “with one touch”, as well as contactless smartphones using Google Pay, Samsung Pay, Apple Pay applications.
• Profitable cashback system;