UNIVERSAL CARD

You need to visit the nearest branch. To get a card it is enough to present your passport. The card issuing will take you only 15 minutes.

From the age of 16, you can register a Universal Card without a credit limit and use it as a personal card. The credit limit will be set on your card after you reach age 18.

The effective interest rate is 52.84%.

This is the total cost of the loan, which includes (in addition to the nominal interest rate) the costs of loan servicing and processing. It is spread over the entire term of the loan and expressed as a percentage of the loan amount.

Before the 25th day of the month following the month when you used the credit.

In Privat24 select "Card / account management - Accrual of interest on the card balance - Enable".

There is no monthly fee for using a Universal Card.

Starting from the month following the first transaction, you will need to make mandatory monthly payments to the card, which include both a portion of the loan principal and accrued interest. Debt repayment when depositing funds to a card account shall be carried out in the following order: penalties, fines, overdue fees, overdue interest, overdue loan, accrued fees, accrued interest, debt under the credit limit.

If you have your own funds of up to UAH 100 (inclusive) on your card and there have been no transactions on your card for 12 months in a row.

Currency conversion will be carried out at the rate of the day when you made the purchase (the rate will be indicated in the SMS that you will receive when paying by card).

You can replenish your card in Privat24 by transfer from another of your cards or transfer funds from the card of another bank. You can replenish your card in cash at self-service terminals or cash desks of PrivatBank.

Yes! You can link your Universal Card to your QIWI wallet in your account on the QIWI website. Please note that the service charges a fee.

If you think that the interest on using the credit limit has been accrued incorrectly, contact the bank's representatives by using the online chat.

A CVV-code is a three-digit code for verifying the authenticity of your card when paying online and performing other types of transactions. You can find the CVV code on the back of your card - it is the last 3 digits of the seven-digit number next to the signature stripe, which are usually visually separated from the whole number.

You can keep money and receive 7% per annum on a monthly basis. To do this you do not need to open a deposit - it is enough to activate the deposit option of your card in Privat24.

What is the grace period?

Universal Card of PrivatBank has a grace period of use, during which you can use credit funds for free. This means that if you pay off the debt during the grace period, you will not have to pay interest on this loan!

What is the grace period of Universal Cards?

Universal Cards have a grace period for using the credit of up to 55 days It means that in order not to pay interests you have to pay back your debt before the 25th day of the month following the month when you used the credit.

How does the grace period of "55 days" work?

In order to take advantage of the grace period, you must deposit the amount of the debt of the past month on any day before the 25th day of the current month. The grace period is not applied if your card has outstanding debts of previous periods. In this case, the grace period will not be applied to new expenditures!

Example: You did not use your card earlier. On March 2, you made a purchase in the store with your Universal Card for UAH 500, and on March 28 you made a purchase for another UAH 500. By April 25 you had paid back UAH 1000 to your card and did not pay for the use of credit funds.

How do I save on purchases with my Universal Card?

Payment by Universal Card in stores is carried out without any fees. In stores that are the partners of Bonus Plus program you make purchases without any fees and earn some good bonuses. For cash withdrawal at an ATM you pay a fee, the size of which depends on the amount of withdrawal. The fee will be added to your debt.

Example: You have no debts on your card. On March 5, you made a purchase from credit funds for the amount of UAH 300, and on March 28 you withdrew another UAH 450 from the card. The fee for withdrawal of credit funds at ATMs and cash desks of any Ukrainian or foreign bank in the amount from UAH 400.01 to UAH 500 is UAH 30. On April 5 you had to withdraw another UAH 1,500 from your card. The fee for withdrawal of credit funds at ATMs and cash desks of any Ukrainian or foreign bank in the amount more than UAH 1,000 is 4% of the withdrawn amount, that is UAH 60. After paying out the amount of expenses in March (300 + 450 + 30 = 780 UAH) by April 25, you cannot worry about those UAH 1,560 taken at the beginning of the month - interest on them will not be charged if you pay 1 560 UAH to 25 May!

In what case do I have to pay loan interest on Universal Card?

If you do not pay back the full amount of the debt of previous month by the 25th day of the current month, the grace period is not applied, and interest is accrued on the entire amount your debt from the date of beginning of the use of credit funds. The grace period will not be applied to any new expenditures until the full repayment of all debts.

Example: You made purchases in the store with your Universal Card on January 3 for the amount of UAH 1,000 and on February 5 for the amount of UAH 500. On February 20, you replenished your card only for UAH 100. The grace period is not applied, and interest is accrued on the entire amount your debt from the date of beginning of the use of credit funds.

What is the interest accrued on the debt on my Universal Card?

The interest rate for the use of credit funds beyond the grace period is very advantageous; it is only 3.6% per month.

What is the formula for calculation of interest on Universal Card?

The interest on a card is calculated for each calendar day of using the credit funds according to the formula:

debt amount * days of using the funds * 3.6% * 12 / 365

where:
• 365 is a constant value (the number of days in a year);
•3.6% is a constant value (the monthly interest rate according to the schedule of rates);
• 12 is a constant value (the number of months in a year).

The calculation is made separately for each client's transaction, resulting in a change of the debt amount. The debiting of interest is carried out on the 1st day of the month following the month when the grace period expires. When calculating interest, the digits to the right of the hundredths place shall be dropped.

Example: As of January 1, you had no debt on your Universal Card. You made purchases in the store with your Universal Card on January 3 for the amount of UAH 1,000 and on February 5 for the amount of UAH 500. On February 20, you replenished your card only for UAH 100.

The total amount of accrued interest as of Feb. 28: UAH 80.43 = 39.06 + 28.41 + 13.26

Yes, at the issuance you will be offered to choose a patriotic card in the colors of the national flag or a traditional one with a strawberry.

No. You just choose the exterior appearance of your Universal Card. The rates and terms of service are not affected.

Quasi-cash transaction is the purchase of traveler's checks and lottery tickets, bonds, precious metals in credit organizations, as well as transactions in casinos and other gambling establishments, including online.

Quasi-cash transactions are highly liquid transactions, i.e. the purchase of assets that are easily convertible into cash. The Bank is entitled to equate such transactions with cash withdrawal transactions.

The fee for quasi-cash transactions is the same as for the withdrawal of credit funds from Universal or Universal Gold cards.

At the sell rate of RUB / GEL / USD / EUR in PrivatBank as of the day of purchase.

At the exchange rate of payment systems for the exotic currency/USD pair. The amount in USD will be debited at the sell rate of PrivatBank for USD/UAH pair as of the day of purchase.

At the exchange rate of payment systems for the exotic currency/USD pair. The amount in USD will be debited without conversion.

The fastest way is to increase the credit limit on your Universal Card. To do this, log in to Privat24, select "My accounts" tab, and then the card on which you want to increase the limit. Click the "Card / account management" link and find the "Credit limit" item on the opened page.

In any branch of the bank you can issue a Universal Card without an income certificate within 15 minutes.