DINACREDIT CARD

Rules for issuing and utilization of DinaCredit payment card

Application form for DinaCredit card issuing

DinaCredit card is an instrument of non-cash payment, allowing the possibility of deferred payment for goods and services (as a replacement for retail cheques).

The card is issued to the name of the beneficiary and may not be transferred to any other person.

A cardholder must be the holder of a current account with Čačanska banka.

Issuing of the card

The card is obtained on the basis of the following:

• completed Application form for card issuing
• agreement for providing reports from the Credit Bureau for the borrower and the guarantor, and the information about the guarantor verified by the guarantor’s employer (if the security is a bill of exchange with one guarantor)
• security

  - blank bill of exchange signed by one guarantor or

  - promissory note and the deposit in EUR in the amount or 20% of the approved credit, for the term of the card expiry period and the credit repayment term 

The expiry period is two years. If the beneficiary does not cancel the card and if the card is used in compliance with the Rules and Conditions for Issuing and Utilization, the card is automatically reissued with the same expiry period

The features of DinaCredit card:

• a natonal credit card
• a revolving card
• the expiry term - 24 months
• crediting – the number of instalments depends on the preference of the borrower and his creditworthiness, the maximum is 24 monthly instalments
• the credit amount depends on the credit worthiness of the DinaCredit card holder
• the funds approved for DinaCredit card are without fx clause
• the accounting of the liabilities due (monthly instalment and the interest for that month) is done on the last day in the month
• the repayment of the liabilities due is done on the 5^th day of the following month, by automatic debiting of the beneficiary’s current account

Where can you use it?

• for payment of goods and services at all sales outlets with DinaCredit card sign
• for withdrawal of cash on counters and ATMs.

With DinaCredit card you may spend more funds than you have in your current account.

If your current account is in the red, the bank will block the main and all other cards.

Fee for utilization

• issuing or reissuing of the card - 150 RSD
• the interest rate on the utlized funds by DinaCredit card is 1.8% - 2.1% monthly
• withdrawal of funds at ATM – 3%

Example