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Special offer

Special offer

If you have a term deposit at "Converse Bank" CJSC with maturity of 6 months and longer, you can get debit and settlement cards on the following conditions:

 Deposit amount

 Card type

Card account service fee

 Credit limit

Interest rate

 Advantages1

From AMD 200.000 to AMD 2 mln. or its equivalent in foreign currency

Visa Classic

Mastercard Standard

MC Women’s

 

 

 

 

  

0

 

 

 

 

 90.00%

 Interest rate of the deposit,plus: 
AMD+5,5%
USD+3,5%
EUR+2,5%

In case of the first transaction (including purchases made with attached and supplementary cards) at a point of sale + 10% CashBack2, but not more than AMD 5.000 /equivalent in foreign currency/
From AMD 2 mln. to AMD 10 mln. or its equivalent in foreign currency

Visa Gold

MasterCard Gold 

In case of the first three transactions (including purchases made with attached and supplementary cards) at a point/s/ of sale + 10% CashBack2, but not more than AMD 10.000 /equivalent in foreign currency/ for each transaction
From AMD 10 mln. to AMD 100 mln. or its equivalent in foreign currency

Visa Platinum/ with Priority Pass Card

 

 

 

 

 

 0 

 90.00%, but not more than AMD 43 mln. or its equivalent in foreign currency

 

Interest rate of the deposit, plus:
AMD + 5,5%
USD + 3,5%
EUR + 2,5%

In case of the first three transactions (including purchases made with attached and supplementary cards) at a point/s/ of sale + 10% CashBack2, but not more than AMD 10.000 /equivalent in foreign currency/ for each transaction
AMD 100 mln. and more or its equivalent in foreign currency

Visa Infinite

Up to AMD 43 mln. or its equivalent in foreign currency

In case of the first five transactions (including purchases made with attached and supplementary cards) at a point/s/ of sale + 10% CashBack2, but not more than AMD 10.000 /equivalent in foreign currency/ for each transaction

1The conditions of CashBack specified in column "advantages" apply only to the clients/borrowers who have a credit limit provided with the Bank’s payment cards issued after October 1, 2016.

Other conditions:

Currency of the deposit AMD, Euro, USD

 

 

Restrictions

Is applied towards all deposit types, except for the following:

  • Cumulative pension deposit, Deposit with the right of reduction, Gtnvats Yeraz and deposits made in favor of third persons, to which only the debit card provision conditions specified by this decision are applied,
  • Autumn deposit. (2016)

Credit limit is provided if at least 30 calendar days remain till expiry of the maturity term of the deposit.

Maturity of the credit limit End of the deposit term

Type of the credit limit

 Revolving

 

Procedure of interest payment

 

Settlement cards are provided with a grace period for the credit limit, and for the purpose of issuing a statement, a month is defined as 1-30 /depending on the date if the last day of the month/, with 10 days' of grace period for repayment.

 

Fee for encashment and non-cash transfer

  • For settlement cards:
- From encashment points of the Bank and other ArCa system member banks: 3%;
- From encashment points operating outside ArCa system: 3%, minimum AMD 1500.
  • For debit cards – according to the fees specified for debit cards by the Bank's “Tariffs and Rates”;
  • Transfers from card to card, from card to banking accounts: 3%.
Minimum amount of the deposit AMD 200,000 /or its equivalent in foreign currency/
Internet Banking Free of charge

 Early termination

In case of early repayment of the Deposit amount, fully or partially, irrespective of the reasons of termination, within a period of 6 months starting from the date of making the Deposit, the conditions of the payment card are specified according to the respective payment card conditions acting at the Bank, and the CashBack amount paid at the time of making a transaction with the card, is reduced from the principal amount of the Deposit. In case of early termination of the Deposit, the amount of the Deposit is first of all used for repayment of the provided credit limit.
Currency of the credit limit The loan is provided in the currency of the Deposit.
Card service fee The annual service fee for the card is charged one year after the day following the date of repayment of the deposit.
CashBack2
  • Is provided to those depositors, who make a non-cash transaction/s/ at an outlet/s/ within 30 calendar days after the date of opening of the card and who don’t demand early repayment of the deposit amount within the first 6 months; the date of opening of the card is the date when the card is printed by the Bank.
  • CashBack is provided for non-cash transaction/s/ made with a card at an outlet/s/ in the RA and Artsakh.
  • Within the framework of the CashBack project, the amount of the purchase made at an outlet/s/ is fully withdrawn from the client’s account, and the CashBack amount is calculated and credited to the client’s account by the 15th day of the month following the month when 30 calendar days’ period expires.
  • CashBack doesn’t apply to purchases made online, through the internet.
  • In case if on the given day or at the respective outlet/s/ the Bank gives other CashBack, then the CashBack defined for the respective card by this decision doesn't apply.
  • Foreign currency is paid back to foreign currency cards at the exchange rate set by the Central Bank of the RA on the date of CashBack.