What are the main features of the Mastercard Gold credit card?
A representative example:
For the UniCredit Gold credit card projected onto a credit line of HUF 750 000. The monthly fixed credit interest to be charged is 2.22 %. If a credit card agreement is concluded with the bank for an indefinite period, the annual percentage rate (APR) for the 1-month settlement period in the first year: for a full loan amount, a credit line of HUF 750 000 and a term of one year, the APR is 36.55%. If you accept a credit card with a credit line of HUF 750 000 and after its receipt you spend the whole amount immediately, and only repay the minimum amount for 11 months which meets the criteria of the minimum repayment amount, calculated in this example: HUF 37 500, but settle the total debt in the 12th month, the total estimated fee of the loan based on the assumptions and parameters taken into account upon the determination of the APR: HUF 205 992, while the total estimated amount payable by the client: HUF 955 992, which includes HUF 150 monthly closure fee, card issuer fee is HUF 6000, purchase comission 0,3%, max 6000 HUF beside the interest.
Decide responsibly on taking out a loan
The Responsible Lending and Banking Terms and Definitions may help you become more knowledgeable on contracting a loan, while at the website of the Hungarian National Bank’s Financial Customer Protection Centre you can find product descriptions that help you make responsible decisions, as well as applications that help you make comparisons. Please make a responsible and prudent decision with respect to taking out a loan, taking your income into account.
A Mastercard Gold bank card also offers you additional services:
You can use the credit card just like debit cards:
While for a debit card you pay from the amount that is available on your bank account, during the use of the credit card the bank provides a certain credit line for you, which you can use with your credit card.
It is enough to apply for it only once and it may be extended annually automatically if the required conditions are fulfilled. Any amount repaid from the used credit line can be used again.
You can freely choose how to repay the used credit line depending on your current financial situation.
You can repay the used credit line in the way that is most suitable for you by paying the fees included in the valid list of conditions, choosing from the following:
You can apply for a credit card with a net monthly income equalling the current gross minimum wage.
Always make sure that your bank card cannot fall into unauthorised hands! If you have lost your credit card or it has been stolen, block it immediately with our Telephone Banking service by calling +36 1/20/30/70 325 3200.
This information is not comprehensive and does not constitute a contractual offer. The rules and conditions of the use of credit cards are included in the General Terms and Conditions and the Business Rules on Bank Cards, and the detailed conditions including the interest rate and fee elements of the credit card are included in the List of Conditions for Retail Credit Card Holders. The bank reserves the right to amend conditions and to make a decision on the issuance of the credit card and the extent of the credit line based on the credit card application and the submitted documents, according to the currently valid List of Conditions, the General Terms and Conditions and the Business Rules on Bank Cards, on the basis of its own credit assessment.
The APR has been determined in consideration of the current conditions and the prevailing legal provisions and may be modified in the event of any changes in such conditions. For loans with variable interest rates, the APR will not reflect the interest rate risk of the loan.
1 The normal fee for text messages is HUF 36 per message and, as a special offer, the bank will not charge this fee. This promotional offer is valid until withdrawn.
2 The normal fee for bank card purchases is 0.3%, or no more than HUF 6,000, which will not be charged by the bank as a special offer. This promotional offer is valid until withdrawn.