You may acquire a credit card now but use it whenever you want. You have an opportunity take advantage of the preferential repayment period of the credit line without paying interest, as well as to receive CASH BACK from non-cash payments in the amount of 1%-2% of the transaction performed (depending on the card type).

You will not pay interest to the Bank if you fully replenish the amount of the credit line used by you during the reporting period of repayment.

The grace period of loan repayment is the period starting from the date of using the credit card limit (when the Bank does not calculate an interest fee in case of fully repaying the used part of the credit).

At the time of loan formulation, there should be no overdue or classified existing loans in the name of the client, and no overdue liabilities for 30 or more days in the last 12 months.

The annual actual interest rate is the interest rate indicating the real value of a credit based upon the frequency of paying the interest fee and all the credit-related costs, as well as all other costs related to issuance and service of a credit. The annual actual interest rate reflects the interest rate at which the credit would be provided if all the costs were included in the interest rate calculation. 

The borrower must be a citizen of the Republic of Armenia and be registered in the Republic of Armenia or the Republic of Artsakh. The Client must be at least 21 years old at the time of credit card approval and no more than 65 years old at the end of the credit. And in case of a credit line with cash collateral, the minimum age for the Client must be 18.

You may get acquainted with the process of attaching the card with this link.

You may get acquainted with the process of attaching the card with this link.

Yes, it is. You may get acquainted with the tariffs with this link.