VTB (Belarus) increased the limit and term for the installment card

VTB (Belarus) has improved the terms for its KSTaTI installment card. New users can now access an increased limit of up to 1,000 Belarusian rubles at 0.0001% per annum for up to 4 years.

The installment plan applies to all purchases, transfers, and payments in ERIP, including utilities, communication services, and education.

The KSTaTI card is issued free of charge in a digital format and is linked to the Mir Pay service. It can be used for online payments and transfers, purchases at all retail outlets, and commission-free cash withdrawals from NFC-enabled ATMs of the bank. Transactions are processed under installment terms with a monthly payment of 10% of the outstanding balance.

"We introduced the KSTaTI card in the autumn of 2023. Since then, it has become popular due to the ability to manage funds on installment terms without being tied to the bank's partner network. The card is often used for online payments and purchases in stores and online. We listened to customer feedback and improved the card. New users will receive an increased limit that can be used throughout its validity period. Unlike other installment cards, KSTaTI allows payments in any store while retaining discounts, making ERIP payments, including utilities, communication, and education, and withdrawing cash," comments Lilia Petkevich, Head of Retail Business Development Department at VTB (Belarus).

The KSTaTI installment card can be applied for via the internet banking or the VTB mBank mobile application with quick registration for new clients. A passport is the only required document. No card maintenance fee is charged if simple free criteria are met or if there are no account transactions.

Source: belta.by