Credit Card Next
0% credit for 55 daysHow can I obtain Next Card?
- You should be over 18
- You should have income minimum GEL 400
| NEXT card features |
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| Main features |
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| Card validity |
2 years |
|
| Credit limit period |
2 years |
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| Credit limit currency |
GEL; USD |
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| Loan approval fee |
free | |
| Credit limit |
Minimum | GEL /USD 200 |
| Maximum | GEL/ USD 5,000 | |
| Card tariffs |
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| Principal card Issuing fee |
free | |
| Service fee | GEL 35 (annual) | |
| Supplementary card Issuing fee |
GEL 30 | |
| Reissue a card |
GEL 30 |
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| Urgent card Issuing | Card issuing fee + GEL 20 | |
| Local stop-list fee/ International stop-list fee | Free/USD 40 |
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| Annual % |
GEL |
29% |
| USD | 24% | |
| Minimal months imbursement |
5% of the amount indicated in the statement, min. USD 10 |
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| Appeal on the transactions made by card | USD 15 |
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| Commission for service of the returned funds of the operation performed abroad through terminals or transferred from the internet sites. | 2% | |
| Unauthrized overdraft |
0.5% daily |
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| Encashment and Settement Fees |
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| KSB Bnak ATM |
3% min. GEL/USD 3 |
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| ATM of any other Bank |
3.5% min. USD 5 |
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| KSB Bank |
3.5% min. USD 3.5 |
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| Other Bank |
4% min. USD 4 |
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| Transaction via POS |
0% | |
| Utility paymeny via ATM |
0% | |
| Encashment and Settlement Daily Limits |
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| Cash Withdrawal Limit from ATM | GEL 10,000 |
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| Cash Withdrawal Limit at KSB Bank |
Unlimited | |
| Cash Withdrawal Limit at Other Bank | GEL 30,000 |
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| Settlement limit via POS |
GEL 30,000 |
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| Transaction Limit |
30 transaction |
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Important information!
VISA plastic cardholders can transfer money to any other VISA plastic cardholders via ATM
| Transfer of funds from card to card(through ATM) | |
| Commission fee for transfer of funds (only for VISA cards) | |
| Currency | GEL, USD, EUR |
| Transfer from KSB Next credit card to VISA card of any bank (Georgian and foreign banks) * | 3 % min. USD 3 |
| Transfer limits | |
| Single limit for transfer | GEL 5,000 |
| Daily limit for transfer | GEL 10,000 |
* Except for the cards issued by the American banks.
For more comfort KSB Bank offers you simple way to deposit money on the current or plastic card account. Visit the nearest quick payment machine (OSMP or NOVA) and through the simple procedure deposit money on your or your friends' accounts.
Detailed information >>>
Detailed information >>>
Why should I have Next Card?
- 1% cash back (min.20 USD) of spent amount via POS transactions
- 0% credit for 55 days
You can repay credit by:
- Complete repayment - 0%-credit
- Minimum imbursement
Each month, on desired date - 5, 10, 15, 20 or 25 balance statement will be generated. You can have the statement delivered at:
- KSB Bank network
- SMS
- Within 25 days after statement generation repay total amount at 0%
- Within 25 days after statement generation repay minimum imbursement of 5% of the debt min. USD 10
How can I utilize 0% credit?
For instance, on October 10 you obtained credit card with USD 500 limit at 24% interest rate. You indicated 10th day of each month for generating statement. You spent desired amount. In the statement generated on November 10 your debt summed up to USD 500. If you repay total amount of USD 500 from November 10-5 December you will be entitled to 0% credit.
For instance, on October 10 you obtained credit card with USD 500 limit at 24% interest rate. You indicated 10th day of each month for generating statement. You spent desired amount. In the statement generated on November 10 your debt summed up to USD 500. If you repay total amount of USD 500 from November 10-5 December you will be entitled to 0% credit.
| Number of days |
Date of Card Utilization | Utilized limit | Issue date of bank statement | Amount deposited by the client | Current debt | Accrued interest |
| 30 Days | 10/10/2013 | 100$ | 100$ | |||
| 15/10/2013 | 200$ | 300$ | ||||
| 20/10/2013 | 100$ | 400$ | ||||
| 25/10/2013 | 100$ | 500$ | ||||
| 10/11/2013 | -500$ | 500$ | ||||
| 25 Days | 5/12/2013 | 500$ | 0 | 0% |
How can I repay debt with minimum imbursements?
If you could not repay USD 500 from November 10 – 5 December, you still have a chance to repay with minimum imbursements within next 25 days. In this particular case, 5% of the sum in the statement i.e. USD 25 can be paid till December 5.
| Number of days |
Date of Card Utilization | Utilized limit | Issue date of bank statement | Amount deposited by the client | Current debt | Accrued interest |
| 30 Days | 10/10/2013 | 100$ | 100$ | 0.41$ | ||
| 15/10/2013 | 200$ | 300$ | 1.23$ | |||
| 20/10/2013 | 100$ | 400$ | 1.64$ | |||
| 25/10/2013 | 100$ | 500$ | 6.58$ | |||
| 10/11/2013 | -500$ | 500$ | ||||
| 25 Days | 5/12/2013 | 25$ | 484.86$ | 8.22% |
General terms and rates of the cards
In case of losing of a card, immediately contact KSB Bank: (995 32) 255 00 00, * 50 50 or 24-hour service: (995 32) 255 55 00 (in Georgia)
Partner Bank of KSB: Liberty Bank
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