Changes in Interest Rates on Credit Cards at Rietumu Bank Announced
OREANDA-NEWS. From September 1, 2007 Rietumu Bank makes changes to some interest rates on using the allowed credit on credit cards, reported the press-centre of Rietumu Bank.
The following new annual interest rates are set for the Bank’s customers with mortgage loan in Rietumu Bank with collateral simultaneously being the security for their credit card ("card secured by mortgage"):
MasterCard Classic and VISA Classic for private individuals - 16%
MasterCard Business and VISA Business for legal entities - 15%
MasterCard Gold and VISA Gold both for private individuals and legal entities - 14% per annum.
The following new annual interest rates are set for the Bank’s customers, holders of Platinum credit cards:
MasterCard Platinum and VISA Platinum both for private individuals and legal entities - 16%
MasterCard Platinum and VISA Platinum both for private individuals and legal entities, using "card secured by mortgage" -13%.
All other interest rates on using the allowed credit on credit card remain unchanged.
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