OREANDA-NEWS. November 08, 2012. Unibank has increased interest rates of positive balance of Magniscard, U-Stream+, U-Boss and U-Profy. The Bank will accrue 8% annual interest to AMD accounts, 5% to USD accounts, 3% to EUR accounts, reported the press-centre of Unibank.   

Offering high yield for demand means, when the client can withdraw money at any time, Unibank aims at making banking cards not only convenient in use but profitable as well. Interest rate of 8% for card means is one of the best offers at the banking market of Armenia.

Magniscard, U-Stream+, U-Boss and U-Profy credit cards are intended for general consumer use and offer clients additional option: up to 40% discount in more than 120 companies of business and service sphere.

The main advantage of Magniscard is giving a line of credit up to 500.000 AMD without producing reference on income. The card can be processed in any of 42 branches of the Bank by producing passport and social card. Credit on card is given for up to 24 months to persons of 23-63 years of age on the basis of credit history. Credit interest rate is 24% accrued to utilized means.

U-Stream+ card is developed specially for permanent clients of Unistream money transfer system. Line of credit is up to 1 million AMD or equivalent USD, credit period – up to 24 months, annual interest rate – 24% accrued on actually utilized part of credit. At the same time cardholders are given possibility of reducing the interest rate by 2% on the second year of credit contract for which clients must use Unistream money transfer system not less than 10 times during a year and make payments for public utilities to the sum of not less than 5000 AMD a month. U-Stream+ card is notable for simplicity: for getting credit the client should only produce passport and social card.

The limit of U-Boss credit card, developed for management and officials, is 5 million AMD or equivalent USD/EUR. Credit means are given for up to 36 months under guarantee of physical or juridical person. The annual interest rate is 20% on utilized means.

U-Profy credit cards are mainly stipulated for salary projects. Credit is given for up to 24 months fourfold of salary. The interest rate starts from 20%. In case of producing employee’s guarantee the interest rate may be reduced by 2%. To get a credit card one should produce passport, social card, reference on salary and position.

For more detailed information about Unibank cards please visit www.unibank.am section “Banking cards” or contact Call-center at (+37410) 59 55 55.