How to repay credit card debt to use the interest-free credit period?
To use the interest-free credit period for grace transactions, you must, before the end of the interest-free credit period specified in the statement, pay the entire amount due indicated in your statement, not just the minimum payment. When repaying the debt, please take into account the time required for funds to be credited to the account depending on the selected repayment method.
Can I deposit an amount greater than the outstanding debt?
Yes, you can. In this case, the funds credited to the credit card account increase the available balance on the card. However, in this case, the bank recommends monitoring the use of available funds more carefully in order to avoid exceeding the available credit limit.
How can I find out the payment due date for debt repayment?
The payment due date for debt repayment is the last business day of the payment period (corresponding to the last business day of the calendar month), when funds to repay the debt must be CREDITED to your card account (the date funds are credited may not coincide with the deposit date — please be careful! This depends on the method of depositing funds — the funds may be credited on the same day or may take several days). The payment due date for debt repayment is indicated in your credit card statement, mobile app, or the web version of Uralsib Online.
The statement is generated monthly on the last day of the reporting period and sent to you by email. The statement is also available in Uralsib Online.