Overdraft on salary card
Overdraft facility gives the opportunity of having an additional amount of money on your salary card account at any time, which you can use to cover current needs. The overdraft is granted as a revolving credit line being guaranteed by salary of the applicant.
MDL 200,000
Up to 10 months
14.5%-15%*, floating
30 months
One-time granting fee
Monthly administration fee
Purchase commission
Early repayment fee
Why to choose overdraft on the salary card?
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Overdraft facility gives access to a reusable credit line after each card replenishment, including after salary transfer;
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Low costs, transparent and flexible credit conditions;
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No additional fees;
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Quick examination of credit applications;
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More freedom for daily or unplanned purchases, both in the country and abroad, with zero commission;
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0% commission for opening and maintaning the card included in the package.
Benefits of the card
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Advantageous – discounts of up to 15% with Discount Club.
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Comfortable – payment or transfer with the card takes only 6 seconds.
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Secure – card protection is ensured due to the international standard 3D Secure.
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Accessible – remote service for checking and managing money.
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Fast – get the Instant card in just 3 minutes.
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Informing methods – by Push notification, bank statement via e-mail, Mobile MICB app, SMS notifications.
How to benefit from a credit limit card
Fill out the form.
Online or come to the nearest branch.
Await the approval.
If you apply online, you will receive an instant response if you are eligible.
Get the money.
Come to the bank to sign the Contract and receive the money.
Resident of the Republic of Moldova: a citizen of the Republic of Moldova, a foreign citizen or a person without citizenship (stateless person), with permanent residence in the Republic of Moldova, who has an appropriate identity card, issued by the competent authorities of the Republic of Moldova, which is valid at the time of applying for a credit.
Resident of the Republic of Moldova: citizen of the Republic of Moldova, foreign citizen or person without citizenship (stateless person), permanently residing in the Republic of Moldova, holding the appropriate identity document issued by the authorized bodies of the Republic of Moldova valid at the time of the loan application
Age between 20 and 70 years (the age up to which the credit can be repaid).
Employed for a period of at least 6 months; at the current place of work – at least 4 months.
Owning real estate (residential, construction or agricultural land, gardens), without prohibitions (if the credit amount is larger than MDL 100,000).
Individual without a negative credit history.
Credit cards are issued to individuals and are intended for:
payment of products, services and any other current needs that are not contrary to the legislation in force;
refinancing the credit granted by other banks and/or other non-bank credit organizations from the Republic of Moldova.
Valid identity card.
Other documents, as the case may be.
The deposits of individuals and legal entities are guaranteed up to the coverage level of MDL 100,000.
More details: https://fgdsb.md/
We offer favourable conditions for overdraft on the salary card
FAQ:
Bank cards are divided into credit and debit cards, depending on the (own or borrowed) funds used by the customer to make transactions. When making transactions with a debit card, it is initially necessary to replenish this card account with own money. When making credit card transactions, funds borrowed from the Bank are used.
Credit limit cards work as a debit card, but you have a spare wallet, access to a credit limit that allows you to make the purchases you want.
The credit limit is the amount within which the Bank is ready to issue you a loan. The revolving credit limit gives you flexibility to use any amount of money at any time, up to the maximum approved limit.
It is provided to pay for goods or services, to withdraw cash, as well as to make card-to-card money transfers.
Revolving credit line – after you have partially or fully repaid the borrowed amount, you can use it again during the active period of the credit.
Payment is made by replenishing the card account, in several ways:
- by depositing cash at any branch of the Bank;
- by depositing cash at any MICB ATM with the Cash-In function;
- by making the P2P transfer;
- by transfer between accounts, using the MICB Web Banking/MICB Mobile Banking application.
The debtor may, at any time, repay it in advance, in whole or in part. The credit received, without charging the early repayment fee, unless the personal loan agreement provides for otherwise.
If the date of a payment by the Debtor is a day off, officially provided by the legislation of the Republic of Moldova, that payment shall be made on the next working day.
The credit limit is activated on the card account, at the subdivision where the loan application has been submitted.
The loan application can be submitted online, on the website www.micb.md, or at any subdivision of the Bank. If you apply for a loan to an already existing account, the application shall be submitted at the branch, where the account has been opened.