OREANDA-NEWS. Piraeus Bank entered the TOP-3 banks with the most favorable credit card terms for clients according to the rating of the most profitable bank’s offers that was held by “Lichniy schet” business weekly (# 20, 2013). According to weekly’s opinion, the most favorable conditions of Piraeus Bank’s credit card are unique in the Ukrainian market interest rate – 1.99% per month (23.88% per annum), the term of grace period that reaches 51-day and possibility to receive loan limit on card up to UAH 50 000.

Also the “Lichniy schet” weekly’s rating includes Alfa-Bank and Credit Agricole, that took first and second place, respectively, BM Bank is on the 4th place was and Privatbank – the 5th place.

According to information from the Piraeus Bank’s Retail banking department interest rates are charged at the rate1.99% per month on actually used amount of credit limit after the grace period regardless of card’s type – Visa Gold or Visa Classic. The term of grace period reaches 51-day during which interest rate equals 0.0001% per annum. After the grace period the client may repay the full amount of the debt or the minimum payment at the rate of 10% of the debt in order to proceed using loyal interest rate.