OREANDA-NEWS. New fees for Ukio banko lizingas MasterCard payment cards with a credit limit will come into effect on 1 January 2009, reported the press-centre of Ukio bankas.

Taking into consideration growing interest rates market and credit margins in the market, and increased borrowing and other costs, a credit administration fee is introduced for Ukio banko lizingas MasterCard payment cards with a credit limit, issued until 1 December 2008. The fee is effective from 1 January 2009.

The credit administration fee will account for 0.5 percent per month of the arithmetic average of the used credit limit and will be payable on a monthly basis by debiting it from the card account. The average will be calculated on the basis of the number of calendar days of the month.

The credit administration fee will be payable only for the amount of the used credit.

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