Grace period. What is it?

The grace period for the Cashback Credit Card is provided for up to 2 months, where:

• The first month is the period during which you spend funds using the approved credit limit. 
• In the second month, you need to repay the full amount that you spent in the previous month. 

You can ознакомиться with the list of transactions not covered by the grace period by following the link.

The grace period for crediting does not apply to the following transactions:

• cash withdrawals and fees for cash withdrawals,
• cashless quasi-cash transactions,
• fees for quasi-cash transactions,
• card transfers - transfer fees,
• cashless transfers through remote banking services.

Accordingly, the grace period for crediting applies to:     

• payment for goods and services using the card or its details,
  
• payment of bank fees, except for fees for cash withdrawals, quasi-cash transactions, and transfers.

The grace period for the "120 Days to the Max" credit card is granted for a period of 4 months, where:

• The first three months are the period during which you spend funds using the granted credit limit. At the end of each month, a minimum payment will be generated for you, which must be paid by the last business day of the following month.
• The fourth month is the month when you need to repay the entire remaining amount in full.     

You can ознакомиться with the list of transactions that are not covered by the grace period by following the link. 

Summary: in order for the grace period to remain in effect, you must pay the minimum payments every month and pay the remaining part of the debt in the last month. 

The interest-free crediting period is the period during which The bank does not charge interest on card purchases. 

Depending on the card type, it may range from 60 to 120 days. You can review the list of transactions covered by the grace period at the link.