Overdrive in the bps bank. Overdraft of Sberbank and BPS on credit and debit cards. by type of loan

10.09.2023

Sberbank overdraft is available for debit and salary cards, but sometimes the service can also be connected to credit card. Any plastic will do: classic, youth, gold and platinum Visa, MasterCard.

Overdraft on a Sberbank card for individuals

Any debit card holder can activate the service. To do this, you need to bring your passport, a second document and a certificate of income to the bank office. The bank more often approves overdraft applications for salary clients. You can also apply for the service using a credit card, but only after confirming all sources of income. An open debit account will increase the chance of your request being approved.

The overdraft limit is 1,000-30,000 rubles, but not more than 50% of the borrower’s earnings. This amount is set individually, depending on income level, credit history and active use of the card. The bank cannot independently increase the limit without the client’s permission. After replenishing the account on the card, the amount of overdraft debt is written off automatically.

Overdraft interest: 18% for ruble and 16% for account in foreign currency. If the client exceeds the limit established by Sberbank or does not pay the debt on time, the rate increases to 36% for ruble and 33% for currency cards. The overdraft must be paid 30 days in advance. The connected service is valid for a year, after which it must be registered again. When reconnecting, the bank may set a different limit.

Sberbank Visa card

Many borrowers confuse regular credit cards with overdraft cards, but there are several differences between them:

Overdraft is most often connected to debit cards, for which you cannot take out a loan.
The maximum loan amount is much higher than the overdraft limit.
Overdraft is designed for small loans with quick repayment debt, so the application for this service high chances approval.
The overdraft has a constant rate of 18%. Loan interest is set individually and may be higher.
The overdraft debt must be repaid within a month; the payment is not divided into several parts.
Increased late interest is recalculated on the first day of using the overdraft, and not from the day the payment is missed.

Overdraft on BPS-Sberbank cards

The conditions of the BPS overdraft program are approximately the same as in Sberbank of Russia. Maximum overdraft limit - 10,000 Belarusian rubles, rate - 16.5%. BPS-Sberbank has restrictions on the age of clients - 18-65 years. The bank requires work experience in the last position - from six months.

Why did Sberbank write off the overdraft from the card?

Sometimes the bank removes the overdraft even from cards that do not have this service enabled. When replenishing the account, Sberbank writes off funds to pay the “debt”. This situation is called a technical overdraft and occurs when the transfer of money to the card is slow.

The client wants to pay for the goods via card, but there is not enough money on it. He transfers funds to the card and immediately buys what he wants. But the overdraft works faster than translation money. The client unknowingly takes out a loan and is not aware of it. The next time you top up your account, Sberbank will withdraw the amount of debt from the card or send an SMS asking you to repay the overdraft.

To return unfairly withdrawn money, call the bank's support service and describe the problem.

Is overdraft a useful financial instrument or a way for a bank to “get a client hooked” on its services and give them a start in consuming more “heavy” banking products?

“Both useful glucose and heroin can drip from the end of the needle.

Both affect health.”

Overdraft, overdraft - how much is combined in this word for the buyer, here you have both money, which is always missing, and the belief that the salary will cover bank loan, and you will not be subject to bank penalties.

But is this really a useful financial instrument or is it a bank’s way of quietly getting the client hooked on its services and giving them a start in consuming more “heavy” banking products? First, let's figure out what an overdraft is and how it works.

What is an overdraft for individuals

Overdraft is a banking product that adds a certain limit of bank funds to your card account (the amount of which is agreed upon when concluding the agreement). If you do not have enough money when paying for goods, then you get access to the funds provided by the bank.

For using an overdraft, the bank charges a fee in the form of a percentage of the loan amount. The agreement stipulates the period (in most cases this is the first day of the next month after the use of bank funds) when the principal debt and interest must be repaid. If before this time the principal debt or interest is not repaid, then penalties will be applied to the borrower. Mainly increased percentage from the principal debt and from the remuneration.

Types of overdrafts

Unlike a loan, an overdraft has more short time repayments: one, two, three, six and 12 months.

According to the limit, it can be fixed - 10 basic units, if you have been working for less than three months, and also if there is no document confirming your average monthly income for three months. A percentage (from 50 to 600%) of the average monthly income can be set. Nowadays, it is most common for banks to set a limit of 1 to 3 salaries. There are also maximum limits on the limit amount, for example up to €3,000, but maximum limit You can apply if you have complete confidence in the bank (positive credit history, are a VIP client, etc.).

Security

Guarantors act as collateral: an individual or legal entity (for example, your employer). As well as a penalty, when, if the debt on the principal or interest is not repaid on time, various types of penalties are triggered. Late payment of debt creates a negative impact on credit history cardholder.

How to apply for an overdraft

Banks mainly practice placing an overdraft on salary cards, this ensures timely repayment of debt by writing off the required amount from wages. You just need to contact the branch of the banking organization that services your salary card, with a request for an overdraft. If you have a long seniority and a good credit history, it is quite possible that bank employees may offer to issue an overdraft on your salary card. It is enough to have a passport and a certificate of the average monthly salary for three months. Typically, the decision to provide an overdraft is made within 2-5 business days. When choosing a limit, the applicant’s salary, work experience and credit history are taken into account. You can also increase your limit over time, but some banks charge a fee for this service.

How does overdraft work?

Demyan Petrovich Loshadkin signed up for an overdraft on his work card, just in case. With his salary being 800 rubles, he was offered a limit of 1,600 rubles. (two of his salaries).

Debt repayment period is 4 months. The overdraft rate is 27% per annum.

Soon he had the opportunity to use the overdraft. Demyan Petrovich decided to buy himself a new one mobile phone, costing 1,200 rubles.

Theoretically, debt repayment within four months would look like this:

Having taken out an overdraft of 1,600, Demyan Petrovich Loshadkin must repay the principal debt of 1,200 rubles plus interest of 27 rubles.

The main difference between an overdraft and other banking products is that the principal and interest are written off from your salary. Therefore, the amount of principal and interest debt should not exceed a month’s salary.

The actual overdraft repayment table will look like this.

As soon as the employer transfers the salary to Demyan Petrovich’s card, his entire debt is extinguished. But at the same time, he remains without a means of subsistence, since his entire salary was spent on repaying the overdraft and he will need to take out a loan again.

At first glance, a very convenient banking product:

To receive a card, you must have a bank account and provide a minimum of documents;
The principal and interest debt are written off upon receipt of salary;
Interest is charged only on the loan, and not on the entire purchase amount;
It is enough to pay the principal and interest for use and you can use the overdraft again;
Low interest rates for using the product.

But like every coin there is a flip side to overdraft:

Limit amounts are strictly limited because they are tied to salary;
Terms for payment of debt are limited within 1-12 months;
Penalties for late repayment of debt (delayed wages) can be very “painful”;
Gradually getting used to the fact that you have extra money that you can spend if you don't have enough money does not contribute to saving.

The last point is very important, because instead of refusing an expensive purchase, wisely deciding that it is better to save money, you use bank funds, for which you will have to pay interest for use. If the overdraft debt completely covers your salary, you will have to use the limit again, and so on ad infinitum.

Let's consider the conditions that are offered Belarusian banks for arranging an overdraft for salary cards.

Bank's name

Annual % rate

Repayment term, months

Limit amount

Increased percentage on overdue principal debt (OD) (for each day of delay)	Penalties for overdue % for using the loan (for each day of delay)
Belarusbank	Three months 27%- six months - 28%		3 months -100% of salary 6 months - 400% of salary	40.5% of OA
				For each day of delay, a penalty of 54% of the total amount (2 times)
Priorbank			One salary
				fine + 0.5% of the total amount
Alfa-Bank		(double)	5 rub. first month, +10 rub. second month and subsequent
	Max. the amount of three average monthly salaries	32% + 0.1% of OA	0.1% of overdue interest for each day
Belagroprombank	Min. the amount is more than 100 rubles. Max. - 5,000 rub. No more than three salaries.	0.15*360 (number of days in a year) = 54% per annum of the debt, for each day of delay

Most profitable proposition Belagroprombank offers an interest rate and limit of 26% per annum.

Belarusbank uses the most lenient penalties for defaulters - 54% per annum of the total amount for each day of delay.

If the balance on the card is negative, almost all banks stop providing services, so it is impossible to go into the negative. The only thing that can happen is a technical minus (for example, if there is 0 balance on the card and the bank has withdrawn money in advance for using the card), in this case no penalties will be imposed.

The only bank that can have a negative balance is Belarusbank; penalties for an outstanding loan are seriously tightened: 1 month increased interest on the principal debt 40.7% per annum + interest on remuneration (0.5 * 27%). The overall percentage is 54%. For the second and subsequent months 54%+(1*27%)=81% per annum.

None of the banks charge a commission for cashing out overdraft funds if you withdraw money from an ATM of a bank or a partner bank.

We decided to find out the opinion of overdraft users on this product.

Larisa - sales manager

- I’ve been using overdraft for a long time, about seven years. I have an Alfa-Bank salary card. I used to work at Priorbank, and when I changed jobs, I changed banks. Previously there was a limit of five million rubles, now it is one and a half million. The loan repayment period is 12 months. I use overdraft all the time, as soon as the salary on the card runs out. I don’t feel dependent on overdraft and using others banking products not going to. I don’t want to increase the limit yet. An overdraft has no negative qualities, only positive aspects: money just in case, low percentage on loan.

Ivan - mechanic

- I have been using Priorbank’s overdraft facility for many years. I don’t remember how long, from the moment I got a job at the plant. Always helps out when the money on the card runs out. I don't know anything about fines. I always pay in advance. Convenient: received a salary, paid it back and can take it again. I want to increase the limit to 500 rubles. I recently purchased a front wing for a car, so the limit helped me a lot, otherwise I wouldn’t have had enough money. True, I feel that if I refuse it, I will initially feel inconvenience, just like when you lose your mobile phone.

The decision to sign up for an overdraft or not is yours, but you should remember the popular saying:

“You take someone else’s, but you always give back your own!”

Almost every person has faced the problem of not having enough money to make a purchase. In such a situation, you can ask for a loan from friends, relatives, or borrow money from the bank for a very short period.

Definition

An overdraft is a loan issued by a bank to replenish an individual’s account. Its main difference from a consumer loan is that it can be renewed multiple times during the term of the contract. In addition, the loan must be repaid at least once a month, and interest is calculated on the entire amount of the debt.

What does a potential borrower need to know?

An overdraft is a revolving line of credit. Provided that the debt is repaid on time, the funds can be used an unlimited number of times. This is very convenient for clients who value their time and cannot apply for a new loan every time.

Such a loan costs much less than “payday money”, which is provided today by microfinance organizations.

The interest rate in all banks is floating. It depends on the client's income level.

Overdraft can be not only officially issued, but also technical. In the second case, a negative account balance may occur after converting funds or withdrawing cash from an ATM with a large commission amount. In case of technical overdraft The bank provides 35 days to repay the debt. Otherwise, penalties will be applied to the client.

In case of untimely receipt of income on the card for any reason, sanctions will be applied to the client in the form of an increase in commission or a decrease in the limit.

Lending institutions also charge fees for withdrawing funds from any ATM.

For some time now, it has become a practice to sell an overdraft at the same time as registration. This may come as a big surprise to many quitting employees. Indeed, in case of delay in transferring income, penalties will be applied to the client.

Peculiarities

Overdraft is issued only to existing clients credit institution. Funds are transferred to an open account. Most often, a salary card is used for this purpose. This account is replenished twice a month, and funds can be used an unlimited number of times. The funds limit is set by the bank based on the client’s income level. If own funds there is not enough money on the card to make a purchase, the overdraft service is automatically activated. That is, the client will be able to pay for the purchase with his salary card, but at the expense of borrowed funds.

An overdraft is the same loan on which interest is charged. That is, the client will still have to return the principal amount and accrued commission to the bank. Unlike a regular loan, the loan is repaid immediately after funds are transferred to the account, and a commission is charged on the amount of money used. If, for example, a client received a loan in the amount of 100,000 BYN, but used only 10,000 BYN, then interest will only accrue on this amount until the debt is repaid.

Today we’ll talk about how to get an overdraft at Belarusbank.

How to apply?

An application for an overdraft from Belarusbank can be submitted directly on the credit institution’s website in the section of the same name. To fill out an application for a loan through Internet banking, just go to the section “ Additional services» "Accounts" menu. In M-banking, the corresponding menu item is located in the “Services” section. You can also submit an application by contacting one of the branches of OJSC Belarusbank.

An overdraft on a salary card is provided based on the calculated limit. The latter depends on the level monthly income and cannot exceed 200 basic units. The completed application goes to the credit department of the bank at the place where the account (card) was opened.

Employees of the same department will inform the client about the results of the preliminary decision via SMS or in any other way chosen by him. If the application is approved, the client will be invited to the office to provide the originals of the submitted documents and sign the contract.

Belarusbank issues an overdraft if you have a passport and a certificate of income for the last two quarters.

Conditions

OJSC Belarusbank provides loans for salary cards under two programs, which differ in limits, terms and fees:

1. Maturity once per quarter. Overdraft "Belarusbank" provides for a year in the amount of twice the monthly income for the last six months. Interest rate = SR + 9 p.p. (as of 11/01/16- 29%). The validity period of the loan cannot exceed the validity period of the card accounts.

2. With a repayment period of once every six months. Overdraft "Belarusbank" provides for a year in the amount of 400% of the monthly average income for the last six months. Interest rate = SR + 10 p.p. (as of 11/01/16- thirty%). The validity period of the loan cannot exceed the validity period of the card accounts. This service is not provided to clients whose work experience was less than 1 year at their last place of work.

Previously existing program with monthly redemptions were closed from 08/01/16.

Potential borrowers must meet the following requirements:

number individuals or individual entrepreneurs;
have an impeccable credit history in the past;
have a bank account through which transactions have been carried out over the last three months.

How to use Belarusbank overdraft?

Having issued this service, the client will be able to pay bills with borrowed funds from his card. The plastic holder himself determines when, in what volume and on what to spend the overdraft. Belarusbank charges interest only on the actual amount of debt. If a client has signed up for a service but does not use it, then he will not pay a commission. Overdraft is activated automatically when the client pays an invoice whose amount exceeds the balance of his own funds. Loan repayment is also carried out automatically after income is credited to the account.

Credit vs Overdraft

At its core, an overdraft is very similar to consumer loan, which is provided on the cards. The loan amount in both cases depends on the salary level. However, the maximum loan amount is higher than for an overdraft from Belarusbank. Interest on cash withdrawals from the account is 4%. The rates for using funds are the same in both cases. However, when applying for a loan, interest is charged on the entire amount of the outstanding debt. No collateral or guarantee is required to apply for an overdraft at Belarusbank.

Customer Reviews

The main advantage is ease of use. To apply for a loan, simply submit an application online. If the client already has a salary card, then there is no need to provide a certificate of income. After preliminary confirmation of the application, the bank manager will contact the client to set a time and place for a meeting with a branch employee. Already at the office of the credit institution, the client will be given a loan agreement. After this, you can use the overdraft an unlimited number of times.

Debt repayment is carried out automatically after replenishing the account. On the one hand, the client does not have to look for an ATM or terminal to pay the next installment. On the other hand, in case of overdue debt, the account will be blocked until full repayment loan. In addition, the bank may apply other penalties in the form of lowering the limit and increasing the rate. The disadvantages of overdraft also include small credit limit and short contract periods (from 3 to 12 months).

Other options

Having examined in detail the conditions under which you can apply for card loans at Belarusbank, we will study other offers.

Market rates for servicing such loans range from 33-48%. At the same time, clients have to pay 34-42% for a consumer loan.

Most low rate Bank BelVED offers on the market. The “Spare Pennies” loan has a commission of 33%. For using a similar product, clients of Fransabank and Zepter Bank pay 39%, Technobank and Priorbank - 40%, BNB-Bank, Bank Moscow - 42%. Overdraft is the most expensive for VTB Bank clients - 47%. At the same time, many financial institutions provide a grace period of 10-30 calendar days, during which interest on the loan is charged at a rate of 0.0001%.

Free withdrawal of funds from the account is provided only with MTBank, RRB-Bank, and Bank Moscow cards. A similar operation in Zepter Bank is charged at a rate of 2.5%, in Technobank - 3-5%, depending on the tariff plan.

Alfa-Bank provides a similar service only to salary card holders. The limit amount is 300% of the average monthly income. The interest rate increases with the length of the loan. When withdrawing funds from the account, a 2% commission is charged.

« Belagroprombank» also offers its clients two programs to choose from. For the first 90 days from the date of signing the agreement, overdraft is provided at 10% per annum. From 91 days the rate of 13% begins to apply. Exceptions include participants salary project and employees of agricultural enterprises. Overdraft is provided to such clients at 12.5% per annum. The initial loan amount is limited to BYN 5,000, and the maximum is 200,000 BYN. The application is reviewed within two days. Funds are transferred to the card that monthly income is received: salary, profit from entrepreneurial activity, pension.

"Belarusbank" provides credits to cards based on income level, but at "BSP-Sberbank" the first overdraft can be obtained for maximum amount 10,000 BYN at 16%. The application is reviewed within two working days. You can repay the loan within a year from the date of debt formation. Not only citizens of the Republic of Belarus, but also stateless persons who have a permanent source of income can receive an overdraft.

Conclusion

Overdraft is good way get borrowed funds in an emergency situation, but you need to use this service very carefully. It's even better to activate it only when absolutely necessary. Overdraft is addictive. First, the client takes out borrowed funds “for important needs,” but after a couple of months he can no longer stop, since the limit amount is constantly increasing, and the proceeds are not enough to fully repay the debt.

Overdraft Belarusbank is a short-term type of loan issued banking institution and is suitable for card account holders. An overdraft loan can be used by those clients who have current accounts at Belarusbank. Once you have found out what it is, you can safely apply for an overdraft at the bank for different periods.

It is beneficial for individuals to use an overdraft, since it is accompanied by a favorable percentage and a period during which the client does not have time to go completely into debt. An individual limit is set on the Belarusbank card, which cannot be exceeded, and this will help save personal funds.

Similar loan offer meets the needs of most clients - you can receive money and use the amount wisely within limited limits.

Overdraft - what is it?

Overdraft refers to short-term credit products, which holders of card or current accounts of Belarusbank can apply for.

Access to loan is provided if you have a payment card with constant crediting different types payments (this could be a Belarusbank salary card). The cardholder himself decides how much and when to use a short-term loan.

Calculation example

Types of overdraft for Belarusbank clients:

With repayment period at three months

WITH for a month repayment – a limit of 13.5% is set.

With maturity within six months– provided at 13.5%.

Video on the topic:

Features of overdraft at Belarusbank

What is the difference between an overdraft and a full-fledged one? credit product? This type of loan is short-term, and the loan is issued for an n-amount of money, which the borrower spends at his own discretion.

You can apply for an overdraft within the established limit and use money only with a limit restriction, unlike a regular loan. In conditions of short-term lending, it is more convenient to use it by connecting a salary or other Belarusbank account.

How to get an overdraft for card account holders? This is done through concluding an agreement with Belarusbank.

To do this you must present:

Valid passport.
An extract confirming receipt of income on the card within three months or a direct certificate.

Alternative registration option – online application

Belarusbank takes full advantage of mobile banking, therefore clients have the opportunity to plug short term loan to your salary card without queues.

Repayment is carried out in the usual way, therefore, no one will have any difficulties with this procedure.

Overdraft conditions at Belarusbank

If you have a Belarusbank card, you can use it with maximum capabilities.

If necessary, you can arrange an overdraft at the nearest branch or using mobile banking.

A short-term loan is provided under a single program and is distinguished by a limit limit, which is calculated individually for each plastic holder.

Terms of short-term lending	Peculiarities	Additional Notes
If the client does not use an overdraft, but has issued one, then interest is not charged	Not a penny should be spent credit funds	-
The interest rate is calculated only on the money actually spent	% depends on the period for which the loan is taken	Interest from 12.5 to 13.5%
The repaid amount can be successfully used again	The purpose of using the funds does not matter	-
To successfully apply for an overdraft you need to have active cards at ASB Belarusbank	Basically, the role of such payment cards is played by salary or pension cards.	-
Before applying for an overdraft, you must carefully read the agreement	Agreement for the provision credit money can be confirmed by certificates
You can also submit a request for registration using M banking or an information kiosk	An additional agreement is not drawn up without visiting the client	-

Requirements for the borrower

When applying for a short-term loan, Belarusbank issues such requirements:

A person who has turned 18 and has a salary or social benefits.
If registration is accompanied by “Free Choice”, then the amount cannot be higher than 50% from receipts.

Interest is automatically calculated only for the amount used.
The client must have stable income on the card.
Short-term loan amount can be used again.

An overdraft is issued either at the branch or through use.

The main step in this procedure is drawing up an application. The banking application has a special “Services” section where you can submit online application(upon review, the institution’s staff will contact the client to clarify details).

When contacting a branch of a credit institution, need to take with you basic documents that will help you apply for an overdraft.

Please note the list of required documents

The loan amount is provided on a credit card within a certain limit– depends on the monthly income limit and cannot be more than 200 units. Short-term loans are issued only to Belarusbank users, and the necessary funds are transferred to any open account.

How to use Belarusbank overdraft?

You can use an overdraft as your personal funds, which are withdrawn from the card or spent on purchases. The holder decides for himself what should he spend it on? credit amount . Money is provided according to a simplified scheme to an open account in domestic currency.

Schematic representation of obtaining an overdraft

In addition to the main credit rate there are no hidden interest, and compared to credit card this product is more practical. to corporative clients A short-term loan is not always suitable, so ordinary cardholders use it.

How to repay a short-term loan? Repayment is carried out in accordance with the rules of the agreement. The total amount must be repaid before a specific date (you need to put on the card not only the money borrowed, but also the interest). The revolving credit line can be used again when it “breaks down”.

They request an overdraft for simple purchases and even tuition fees. The terms for the client are most suitable and depend on the financial capabilities of the personal account.

Advantages and disadvantages of overdraft

Analyzing the reviews, we can highlight several advantages and disadvantages of overdraft. Many users call this loan “a fly in the ointment and honey in one,” since there are good features of the application, but there are also disadvantages.

The loan is issued through bank transfer and refers to quick loans. Convenient to use this bank offer on business trips or in other unforeseen situations when you urgently need to use a specific amount.

Pros: