Credit Card Next

0% credit for 55 days

How can I obtain Next Card?
  • You should be over 18
  • You should have income minimum GEL 400

NEXT card features
  Main features     
Card validity
2 years
Credit limit period
2 years
Credit limit currency
GEL; USD
Loan approval fee
free
Credit limit
 Minimum GEL /USD 200
 Maximum GEL/ USD 5,000
Card tariffs
Principal card Issuing fee
free
Service fee GEL 35 (annual)
Supplementary card Issuing fee
GEL 30
Reissue a card
GEL 30 
Urgent card Issuing Card issuing fee + GEL 20
Local stop-list fee/ International stop-list fee Free/USD 40
Annual %
GEL
29%
USD 24%
Minimal months imbursement
5% of the amount indicated in the statement, min. USD 10
Appeal on the transactions made by card USD 15
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
Encashment and Settement Fees
KSB Bnak ATM
3% min. GEL/USD 3
ATM of any other Bank
3.5% min. USD 5
KSB Bank
3.5%  min. USD 3.5
Other Bank
4% min. USD 4
Transaction via POS
0%
 Utility paymeny via ATM
0%
Encashment and Settlement Daily Limits
Cash Withdrawal Limit from ATM GEL 10,000
Cash Withdrawal Limit at KSB Bank
Unlimited
Cash Withdrawal Limit at Other Bank GEL 30,000
Settlement limit via POS
GEL 30,000
Transaction Limit
30 transaction

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 >>>


Why should I have Next Card?
  • 1%  cash back (min.20 USD) of spent amount via POS transactions
  • 0% credit for 55 days
Conditions of credit repayment:
You can repay credit by:
  1. Complete repayment - 0%-credit
  2. 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:
  1. KSB Bank network
  2. E-mail
  3. 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.

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

If interested, please contact: (0 32) 255 00 00, * 50 50 or visit any of our branches.
 



Copyright © 2009 - 2013 KOR STANDARD BANK All Rights Reserved. Created by Neomedia