Tenth August 2017 Home credit bank has introduced a new credit card - Home credit “Installment Card”. What is innovative about this loan program? The essence of the credit card is this: it helps you make offline/online purchases at retail outlets in installments for 3 months. To use a credit card, you do not need to search for partners of a given financial institution who support this program. The cardholder selects a product/service, pays with a credit card, the purchase amount is divided into 3 equal payments - after which they must be paid every month.

This credit card is in great demand among the population - you can apply for it at bank representative offices or at sales counters in a few minutes.

Credit card features:

• You can use it anywhere in the world - if you have a payment terminal, via the Internet;
• Home Credit Bank installment card belongs to Visa, Classic category;
• The credit card is not personalized, has a security chip, PayWave contactless payment system;
• Not linked to Apple Pay, Android Pay;
• A credit card has a strict purpose - only for non-cash payments; you cannot withdraw money from it at ATMs or cash desks;
• There is the possibility of early repayment of the loan; it is not necessary to make payments for three months if you can pay everything at once;
• A credit card is issued without guarantors, income certificates, or collateral;
• Recently, a list of partners of this banking institution has also appeared, offering long-term installment plans on the card for up to a year.

Description of conditions

The Home Credit installment card helps an individual pay for goods/services in any store chain without interest. The owner of this credit card can visit a retail outlet, paying with the card for his purchase in installments using borrowed funds. Fixed installment plan – up to 3 months from the date of transaction.

You can also use this credit card in the bank’s partner stores, but there it is possible to change the terms of the installment plan, stipulated in advance by individual agreements of the financial institution and the partner store. Usually then the minimum installment period is 3 months, the maximum time is up to a year.

Conditions of receipt

1. The minimum limit is 10,000 rubles;
2. The maximum limit is 300,000 rubles;
3. The credit card is valid for 5 years;
4. The rate during the installment plan is 0% per annum;
5. The loan rate in the situation of non-fulfillment of installment terms is up to 29.9% per annum;
6. The duration of the grace period is 51 days;
7. The cost of issuing a credit card is free;
8. Re-issuance of a card due to the borrower’s initiative – 200 rubles;
9. The cost of servicing a credit card for a year is free;
10. SMS notification – 0 rub.;
11. Internet/mobile banking – 0 rub.;
12. It is not possible to issue credit/own funds from the card through ATMs or cash desks.

Requirements for the borrower

To receive a credit card, the client must meet certain conditions established by the banking institution:

• Availability of Russian citizenship;
• Age period – 18 years – 64 years;
• Have a permanent residence permit in Russia, live in the city in which the borrower is applying for this credit card;
• You need a regular income, work experience - at least 3 months;
• You also need a mobile phone (home, work).

In the application for a credit card, the client must indicate his place of work and its contacts. A bank employee can call this number to verify the information provided by the borrower. In addition, the client must provide the telephone numbers of one of his relatives/friends/colleagues - for emergency contact with the borrower in an unforeseen situation.

Documentation

In the process of applying for a credit card, the client will need:

• Passport of a citizen of the Russian Federation;
• The second document (at the individual’s choice) is a driver’s license, international passport, SNILS.

How to apply for a card

You can get a credit card in different ways:

1. Contact a bank representative to issue a credit card;
2. Create an online application on the official website of the banking institution. Fill out the form - write your full name, email, date of birth, mobile phone number. Then give consent to the processing of personal information - put the required mark in the application. After which it can be sent.

The loan decision in any case will be quick, on the day of application. An online application saves the client’s time - he does not have to visit the bank office, stand in line, etc. He will receive approval for issuing a credit card instantly after submitting an application for a loan - a bank employee will call the borrower or the decision will be sent by SMS message. In the future, the borrower must contact one of the bank’s offices to obtain a non-personal credit card; if desired, a personalized card can be issued.

You can also call the telephone hotline and place an order to issue a credit card - the client will have to provide information to an employee of the banking institution.

In addition, anyone can get a credit card by contacting a bank manager at a sales counter in shopping centers.

Terms of Use

Home credit installment card is very easy to use. The borrower buys a product/service, pays in equal cash installments over a period of 3 months, without %. There is a network of partner stores of the banking organization, where installments are up to a year.

Cash withdrawal

This credit card is not intended for issuing money at cash desks or ATMs. It is not possible to withdraw cash from it.

Card replenishment

To deposit money into your account, you can use one of the options:

• Bank transaction;
• Internet banking of another financial company;
• When visiting a representative office of a banking institution;
• At post offices;
• From another card of this banking institution (via online banking, applications);
• Using the partner network - Zolotaya Korona, Beeline, Svyaznoy, MTS. A complete list is available on the organization's website.

Fines

Installment payment on a credit card - without interest; in a situation where the loan payment deadline is missed, the bank charges up to 29.9% per annum on the debt amount.

Late payment on the loan does not affect the further use of the credit card - having paid off the debt, the borrower can continue to use the card and receive an installment plan without interest.

Bonuses

List of partner stores of this banking institution that provide installment credit cards:

• Aeroflot – up to 4 months;
• Citylink store networks, DNS – 4 and 5 months;
• Furniture company Shatura – up to 10 months;
• Snow Queen – six months;
• Vsekupi.online – year.

The full list of bank partners can be found on the official website of the financial organization.

Pros and cons of the card

Main advantages of a credit card:

1. Availability of interest-free installments for paying for services/goods;
2. Convenient fixed period – monthly loan repayment in equal installments;
3. Free card issue;
4. You can get a credit card as early as 18 years old;
5. Payment for purchases at any retail outlets;
6. Availability of clear loan calculations;
7. Free SMS alerts;
8. No credit card service fee;
9. Beautiful card design;
10. Various options for replenishing a credit card;
11. In case of delay there is a small % rate.

Disadvantages of a credit card:

1. A network of bank partners is still being created to increase installment loan payments. At the moment, the fixed period is 3 months, in some retail outlets – up to a year;
2. Inability to withdraw funds.

This site is dedicated to “Halva” from Sovcombank; we also previously reviewed the “Conscience” card from Qiwi. A new player in this direction is the installment card of Home Credit Bank. After studying the map in detail, we are ready to make a detailed review of it!

Additionally, we remind you of the official website of “Halva” – halvacard.ru. Here you can view the list of stores and submit an application.

The most favorable conditions for providing interest-free loans and the card’s unique capabilities are attracting more and more customers. The main advantages of the provided installment plan are:

• The limit is up to 300 thousand rubles.
• Shopping at any retail outlets, including virtual ones.
• The loan period ranges from 3 months to 1 year.

A tempting offer always raises some doubts about the reliability of the information, which is why today we will talk about the conditions for providing installment plans, issuing a card and the presence of pitfalls. In addition, we collected reviews about the Home Credit installment card.

Terms of provision and tariffs

The essence of the service provided is the ability to purchase goods by bank transfer, paying their cost in equal installments over a specified period. The conditions and tariffs of the product provided are clearly stated in the contract and agreed upon at the time of signing the document. Let's look at them in more detail.

Conditions

Hame Credit Bank puts forward minimum requirements for a potential borrower:

• Citizenship of the Russian Federation.
• Registration at the location of the bank office.
• Reaching adulthood.
• At least 3 months of experience in your current job.

The client does not need a certificate of employment; the bank only needs the name of the organization in which the citizen works and the contact information of the employer.

The contract is drawn up on the basis of an identity document - a passport. But, you must provide one of the additional documents - SNILS, driver's license, military ID or international passport.

So, to receive an interest-free loan, the consumer must be employed, an adult citizen of the Russian Federation, with registration at the location of the bank’s office - these are mandatory conditions for the Home Credit Bank installment card.

It will not be possible to get an installment plan with a bad credit history; the potential client must regularly make payments on existing loans.

Rates

Basic information on the tariff of an installment credit card from Home Credit Bank:

1. The amount of the loan provided ranges from 10 to 300 thousand rubles.

The size of the loans provided is individual for each client and is calculated based on his income. As a rule, the initially approved amount does not exceed 3 average monthly salaries; as the borrowed funds are used and repaid, the limit gradually increases. But at the same time, getting a limit of 300 thousand is quite difficult. For comparison, the maximum limit of the Halva card is slightly higher - 350 thousand rubles.

1. Card validity period – 5 years.

After the expiration date, the plastic is reissued absolutely free of charge; its restoration at the client’s initiative (due to damage or loss) costs 200 rubles.

1. The interest rate on installments is 0%.

So, the installment plan is provided for a certain period of time (from 3 months) and is repaid strictly in the prescribed amount within the specified time frame. Late payment or payment of an insufficient amount entails the accrual of interest for the use of the loan in the amount of 29.9% on the entire remaining amount of the debt.

1. Service fee – 0 rubles.

Home Credit Bank provides its clients with a completely free product to use: annual maintenance, SMS notifications, Internet banking - 0 rubles. There are no costs for maintaining a Home Credit installment card!

Cash deposits and withdrawals

It is very easy to replenish an installment card - at any bank branch, ATM, or by transfer from an account or e-wallet. To timely fulfill obligations to the bank, payment must be made no later than 3 days before the settlement date. Home Credit Bank involves using the card as a debit card, while the purchase is paid first of all with personal funds, and their shortage is compensated by borrowed funds.

Many people ask whether it is possible to cash out a Home Credit installment card. The answer is clear - it is impossible to withdraw money from an installment card. The service provided is designed for the purchase of goods only with non-cash payment.

Partner stores

The main difference between the Home Credit product and similar offers is the ability to pay for purchases at all retail outlets that accept cashless payments. The loan repayment period for purchases in such stores is 3 months.

Making purchases in partner stores of the Home Credit bank installment card involves an increase in the repayment period of the interest-free loan, set individually for each partner, ranging from 3 months to 1 year. The number of such stores is increasing every month.

Partner stores that you should pay attention to first are located below in convenient tables.

Home appliance stores

Furniture and renovation

Partners	Installment period in months
Ascona	6
Homeme	6
Shatura	10
Lapis lazuli	6
Sofa color	at 6

Leisure and tourism

This list is not exhaustive; the affiliate program is constantly updated with new participants offering the most favorable conditions for their customers.

Advantages of the card

The Home Credit bank installment card has the following advantages:

• Possibility of purchasing goods with deferred payments without overpayment.
• Comfortable design. A potential consumer does not need to waste time traveling to the office, waiting for his turn and the bank’s decision. You can fill out the application online without leaving your home.
• Possibility of payment in any stores that accept cashless payments. The main advantage of the product is that, as a rule, products produced by competitors limit the use of the loan only to partner companies.
• Availability of a convenient mobile application from Home Credit. Please note that the Sovcombank installment card also has a special program - Halva applications for gadgets on Android and iOS.
• Transparency of payments. To repay the used part of the loan, you need to divide the amount spent by the number of months of installments.
• Convenient payment schedule - the bank sets for its clients a specific date for making payments, which is the estimated date for all purchases, regardless of the date they were made.
• Convenient card replenishment. You can make your monthly payment at bank branches, through an ATM or by transfer from bank accounts.
• Free service.

What's the catch with the Home Credit installment card?

Unfortunately, cases of providing false information when applying for a loan are not uncommon. The above advantages force consumers to look for a catch, because a bank can’t borrow money just like that? To answer this question, it is necessary to understand the benefits received by each party to the transaction.

The store receives its benefit - the Home Credit installment card attracts additional traffic (buyers), which in turn, with quality service and goods, develops into regular customers.

The bank receives compensation for its risks by charging an interest rate if the terms of the agreement are violated (if the installment payment is not made on time, interest is charged). There is no catch, you just need to make payments on time.

Home Credit Bank has rightfully earned a reputation as a reliable partner. Having been operating for several years now, the bank strives to provide its products on terms that are favorable to the consumer, and the loan terms specified in the agreement exclude double interpretation or the presence of any pitfalls.

How to apply for a card?

Submitting an online application

You can submit an online application for a Home Credit installment card without leaving your home. The form on the official website requires quick filling by the client and prompt processing by specialists. The form is in the screenshot below.

Let us describe step by step the algorithm of actions for applying for a card:

1. On the official website, click on the “Apply” button and go to the online application form.
2. In the form that opens, you must enter the surname, first name, patronymic, mobile phone, date of birth, passport data (number, series) and email address of the applicant. Click the “Next” button.
3. Receive an SMS message with the code and enter it in the appropriate field, press the “Next” button again.
4. During the day, wait for a call from a specialist who will announce the bank’s decision.

You can apply for an installment card at a bank branch. A bank specialist will fill out an application; you must provide a passport and an additional document.

An application submitted through the website will allow you to receive information about approval, spending a minimum of time, without queues and without communicating with the manager.

Getting an approved card

After receiving approval, the applicant must contact the nearest bank branch to draw up an agreement and receive a non-personal plastic card. If desired, the client can order the issuance of a personalized card, upon the production of which an SMS notification will be sent. This procedure takes no more than half an hour.

An installment card, but with one big advantage. With the Home Credit Bank installment card you can pay for goods everywhere, that is, it is more universal and does not require specifying whether the store is a partner of the bank on this card.

Home Credit Bank

Cool!Sucks!

Home Credit Bank is a good credit institution for me personally; I even worked there a long time ago, and when I learned about such a universal card, I was one of the first to apply for it. I filled out the application itself on the bank’s website, on the promo page of the card. The page is nicely designed, in the new colors of the bank, but it turned out to be extremely uninformative. There is not even information about the cost of issuing the card, and in general one gets the impression that the page was put together in a hurry. (Added by the editor on 10.10.2017: at the moment the map page is complete, it’s been finalized - well done)

Applying for a Home Credit installment card

The application form is simple, full name, date of birth, telephone number and passport details. You duplicate all this when communicating with the bank manager by phone, then it’s unclear why you should write this, they would ask you to leave your phone number. In the form we indicate where we will pick up the card if approved. I received the bank's decision immediately after talking with the manager. It was also reported that I can go to a bank branch today and receive a card, though not a personal one, but a personalized card can be ordered and received in a few days.

Issuing a card is absolutely free for the client, and maintenance is also free. The bank did not experiment with the name, as Qiwi Bank and Sovcombank did, and on the card it says Installment Card. The card looks very nice, bright, and stands out among the many other cards in the wallet.

How to buy with an installment card

The main difference between the card and Home Credit is that it is universal, and you can make a purchase in installments at any store. The installment period is 3 months and is universal. But, Home Credit states that partners have an installment period of up to 12 months, but there is no information about partners anywhere, perhaps this is in the plans for this product. added by the editor on 10.10.2017: At the moment the bank has more than 30 partners, the installment period is up to 12 months. You can view the current list of partners at https://www.homecredit.ru/shopping/partners.

The card limit is determined individually for each client, I personally was approved for a card with a limit of 100,000 rubles, for you it can range from 10,000 to 300,000 rubles. As a test, I did not spend the entire limit, and paying 33,000 rubles a month would have been a serious financial burden for me. Therefore, you should not focus on the card limit, focus on your financial capabilities.

By the way, if you do not make an installment payment on time, it turns into a loan with a rate of 29.9%. Cash withdrawals using this card are not possible. For testing, I bought myself a laptop worth 30,000 rubles. There were no problems with payment in the store; for the store you paid with a regular credit card.

How does the Home Credit installment card work?

The purchase amount is divided into equal parts, and you pay them over the entire installment plan. In my case, this is a payment of 10,000 rubles per month for 3 months. This card allows you to make multiple purchases within the limit, then the total purchase amount will be divided into three parts.

Let's look at an example, imagine that next month I bought another shirt for 3,000 rubles, thereby I have a laptop and a shirt in installments:

How to repay an installment card

Regarding payments, I think everything is clear, we divide by three, but you don’t even have to count, the bank itself will notify you about the next payment via SMS, the SMS package for this product is free. Home Credit Bank has a good mobile application and online banking, where you can also find out the amount and term of payment.

You can pay at bank branches (cash registers or ATMs that accept cash), if you pay with your HomeCredit debit card, there will be no commission, you can also pay in your personal account on the website or in the My Credit application (the first two payments are free of charge). Generally speaking, the installment card is repaid in the same way as any other Home Credit Bank banking product.

Pros and cons of an installment card from Home Credit Bank

Pros:

• Can be purchased in installments at any store
• Card issuance and maintenance is free
• Interesting card design
• Large card limit
• SMS package is free

Minuses:

• High% in case of violation of installment terms - 29.9% per annum (for Conscience it is 10%)

Great! 2

The Svoboda Home Credit Bank installment card appeared on the market of credit products for individuals relatively recently. Therefore, reviews about it reflect rather the first impression. It is too early to generalize them; here we will only try to consider frequently repeated opinions and compare them with the bank’s promises.

Installment card Freedom from Home Credit - user reviews

Who is issued the Freedom Card?

Citizens of the Russian Federation from 18 to 70 years old who have been constantly working for at least 3 months in their last job will be able to receive it. The bank's requirements do not indicate that the work must be official, but this should be taken for granted.

You must have a personal cell phone, and landlines at work and at home. There is no “loss of rights” for those who do not have telephone numbers, but their absence greatly complicates the process of verifying the client and communicating with him. Messages necessary to activate the Card are also sent to the cell phone.

You can order the Freedom Card through the bank’s official website. There is a window for submitting an application.

Benefits of the Freedom Home Credit installment card

The benefits of this product can be viewed from different angles.

Let us allow ourselves a little theory to better understand the situation:

Beneficial for banks, because Customers are charged a fee for the amount borrowed, usually in the form of annual interest (in this case, 17.9% at the end of the installment period).

Installment cards are beneficial to customers because... allow you to pay the same amount as for prepayment not immediately, but over a certain period.

Members of the bank's partner network often pay it a certain percentage of payments on installment cards. But the benefit for sellers is to increase sales.

This is a general system. Regarding the Svoboda HKB installment card, only one point remains unclear. Who pays for installments outside the partner network!?

The bank does not explain this situation. It can be assumed that such payments do not directly benefit the bank, but are compensated by other benefits of the Installment Card.

These benefits could be:

• Increase in purchases using the Card in the partner network.
• Interest in cases of non-payment within the interest-free period.
• The bank can count on some future profits. But now nothing is known about this.

Is it worth opening a Freedom installment card from Home Credit Bank?

This card has a special advantage, in addition to all the others common to other installment cards.

Using the HKB Card you can receive installments for 3 months not only in the partner network but everywhere!

Therefore, all other things being equal, it is worth opening the Freedom Card. But the Freedom Installment Card should not be considered “free happiness”.

Inaccurate payments are punished at a rate of 17.9% per annum on the balance amount.

There have been no complaints from Freedom Card users about deception by the bank.

But you should definitely monitor changes in conditions.

Loans are becoming more and more popular today, because... The population has less living money, but needs are growing, and prices for goods are rising.

At the beginning of 2017, representatives of Home Credit Bank promised to bring to the market a unique banking product, the likes of which Russian citizens had never seen before. And, indeed, such a product appeared, called “Instalment Card” from Home Credit.

The essence of an installment card: to give you the opportunity to buy any product by paying its cost not immediately, but over several months, without accruing interest.

I am sure that many will not believe in such conditions; they are too good to be true. But, indeed, with an installment card you can make a purchase in absolutely any store in Russia and return the purchase price to the bank within three months without accruing interest. Of course, the bank will not engage in charity, so the terms of use of the card indicate that if you do not meet the specified 3 months, the bank will charge interest on the balance of the debt in the amount of 29.9% per annum, which will accrue every month until you completely repay the debt .

Tariffs and terms of service for the Home Credit installment card

Let's take a closer look at the tariffs and conditions of a bank card to understand if there are any pitfalls or “surprises”.

• Issue and annual maintenance of the card are free.
• Reissue of the card in case of loss – 200 rubles.
• The lending limit is from 10 to 300 thousand rubles.
• The interest rate during the installment term is 0 percent per annum.
• In case of violation of installment terms and non-payment of the monthly payment - 29.9% per annum.
• Cash withdrawals from ATMs are not provided.
• SMS notification via card - no commission.
• Monthly account statements are free.
• Issue of a new PIN code – 0 rubles.
• Internet and mobile banking - no commission.
• Blocking/unblocking a card - also without charging a commission.
• Depositing cash onto a card through an ATM, terminal, or bank cash desk is absolutely free.

Features of using an installment card

An installment card is distributed with certain restrictions, because its main purpose is to make it possible to make an expensive purchase in installments without interest; there are other banking products for other purposes. I suggest you find out about the restrictions that the bank imposes on this product:

• The purchase can be made in any store in the world that can work with Visa cards, there are no restrictions;
• The card is serviced by Visa and has Classic status;
• Typically, an installment card is issued without a name, with PayWave technology, which will allow you to make purchases by simply presenting the card to the terminal without having to enter a PIN code. If you wish, you can order a personalized card for yourself;
• This card cannot be attached to the increasingly popular payment services: Android Pay, Samsung Pay and Apple Pay. You can pay directly with the card itself;
• The card is not intended for withdrawing cash from an ATM or at bank cash desks; this product can only be used to make purchases;
• The terms of use by installments assume that you will repay the debt for the purchase within three months, however, you can repay the debt in full at any time without penalties or interest;
• To issue a card, you do not need guarantors, income certificates or any other documents. All you need is your passport and application.

Partner stores installment cards

Home Credit Bank has entered into individual agreements with large stores in our country so that you can make purchases there and receive longer installment plans. When purchasing from any store in the world, you receive a standard installment plan of 3 months. If you make a purchase at a partner store, you can count on easier conditions and longer terms.

• Aeroflot - 4 months;
• ANEX Shop - 4 months;
• Know-how - 6 months;
• DNS - 6 months;
• Snow Queen - 6 months;
• Technopark - 6 months;
• Shatura - 10 months;
• Lamoda - 6 months;
• OneTwoTrip! - 3 months;
• Kari - 4 months;
• Pandora - 4 months;
• HomeMe - 6 months;
• Sunlight - 6 months;
• Vsekupi.Online - 12 months;
• 123.Ru - 3 months;
• InTouch - 3 months;
• Elena Furs - 10 months;
• Mosavtoshina - 3 months;
• Cook House - 3 months;
• Riforma - 6 months;
• Mouzenidis Travel - 7 months;
• 585 Gold - 6 months;
• Lapis lazuli - 6 months;
• Sofa color - 6 months;
• Ascona - 6 months;
• Hilding Anders - 6 months;
• Gold - 6 months;
• Unicel - 4 months;
• BORK - 6 months;
• Equipment (IP Gumerova) - 6 months.

How can I get an installment card from Home Credit Bank?

To apply for a card, you only need a passport; no additional documents are needed. Therefore, this can be done either at any branch of the bank, or by filling out a form on the bank’s website.

• Contact the bank office and leave a request through the manager.

I recommend that you submit your application through the official Home Credit website, so you will immediately know the answer, the date of delivery of the card to your city, and you do not need to go to the city and look for a bank office. In addition, there are usually queues at banks, and you need to spend a lot of time.

As soon as you receive an SMS on your phone that the card is waiting for you at the bank branch, all you have to do is come to the branch and receive an unnamed installment card in your hands. You can use the card immediately after receiving it.

Requirements for the borrower:

• Russian citizenship;
• Be at least 18 years of age and not older than 64 years of age at the time of application;
• Live in the region where the card is issued;
• Have a cell or home number, as well as a landline work number;
• Have a stable salary and have worked in your last job for at least 3 months.