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100 days without percent (credit card)

Product
Developers: Alfa-Bank Russia
Last Release Date: April, 2020
Branches: Financial services, investments and audit

2020: Card issue without payment data on the face

On March 29, 2020 Alfa-Bank announced the beginning of the credit card issue without payment data on the face. The credit institution called such design (dual face) unique for Russia.

On one party of the new credit card "100 days without percent" are put the card number, expiry date, CVV2 and  a name of the holder are located on  one party of the card. On  other party  the logo of Alfa-Bank and  the EMV chip are located.

Alfa-Bank announced the beginning of the credit card issue without payment data on the face

As reported and Alfa-Bank, the credit card with  payment details on  one party  have additional security as at payment all data disappear from  strangers.

To receive credit with one-sided design, it is necessary to submit the application  on the website  of bank and to select Visa payment system. The card will be brought by the courier in day of the order or next day, also the user can order delivery in any department. The bank offers three color designs of the card: red, golden and gray.

Along with the output of credit cards in new design reported Alfa-Bank that since   April 14, 2020  within the Credit Quarantine program all credit card holders paying the credits without delays  for three months  will not pay the main part of debt, only percent. The privilege is connected automatically, it means that several million clients of Alfa-Bank received, noted in credit institution.

All clients who issued the credit card since    April 14, 2020 will receive decrease in the first minimum payment on  principal amount to  3%. If this payment arrives in time, the bank will reduce the following payment to  0%. This month will pay  a principal debt it is not necessary.[1]

Users of the credit cards "100 days without percent" can remove every month in ATMs 50 thousand rubles without the commission. The credit limit makes 500 thousand rubles. It is possible to return money for the card for purchases in 100 days.

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