Sberbank Digital credit card

2019: Release of the digital credit card

On December 26, 2019 Sberbank announced release of the digital credit card. It is possible to issue it in only several minutes in mobile application or Sberbank Online web version. The card is available to the clients having the preapproved offer.

The digital credit card has no physical medium and is ready to use right after signing of the loan agreement which also happens online. Design of the card requires only several minutes. On the functionality the digital credit card is inferior nothing to the normal plastic card: it is suitable for payment in online and offline shops and also from it it is possible to transfer money and to remove cash. For card purchases bonuses of SPASIBO according to the loyalty program of "Thanks from Sberbank" are charged. If desired the card can be replaced with plastic on the physical medium at any office of bank.

The fee for service of the card is not charged, the service of SMS informing is also provided free of charge. The maximum credit limit makes 600,000 rubles, a grace period — 50 days, an interest rate — 23.9% per annum.

In the modern world the bank plastic card gradually fades into the background, the smartphone or umny ʺ even more often acts hours as means of payment. Considering this trend, in 2018 we issued the digital debit card, and now complemented our digital product line with the credit card. At once several advantages — from the moment of emergence of need for the credit card prior to its use will be required to the client from such card several minutes, it is possible to issue it in any place on the screen of the mobile phone, it cannot be lost, stolen or forgotten, at the same time service is free for the client, the bank does not incur expenses on its physical release. As a result clients receive a convenient and modern digital product, told Svetlana Kirsanova, the vice chairman of the board of Sberbank, the head of the Retail Business block