Free card service
There is no monthly fee for servicing the VTB Multicard provided that purchases on all cards (credit, debit, main and all additional) in the Multicard banking service package total more than 5 thousand rubles. per month.
If the condition is not met, the commission will be 249 rubles. per month.
There is no fee for issuing a VTB Multicard when submitting an application on the bank’s website.
When registering at a branch, a commission of 249 rubles is charged and returned to the master account in the form of cash back if the conditions for free service are met during the first month of using the Multicard.
Terms are valid until 01/31/2020
How to earn income from interest on your balance
With the VTB Multicard, you can receive income from the accrual of interest per annum on the balance in the master account.
The interest rate depends on the amount of purchases per month for all cards (debit, credit, main and all additional) in the “Multicard” banking service package:
A master account is a bank (current) account of an individual, opened in three currencies: rubles, US dollars and euros, and provides for transactions not related to business activities. The master account is linked to a debit card account, which makes it possible to use funds in the master account for everyday purchases, as well as have 24-hour access to funds through ATMs or bank branches.
Make commission-free transactions:
The commission for online payments and transfers is returned to the master account in the form of cash back within the next calendar month, subject to purchases on all (debit, credit, main and all additional cards) in the “Multicard” banking service package for a total amount of more than 75 thousand roubles. per month. The limit for free transfers from a card to a card of another bank is 20,000 rubles/month.
Online transfers and payments without commission
With the VTB Multicard you can save on fees for online payments and transfers.
Pay for mobile communications, Internet and other services instantly and without commission in VTB Online.
Make commission-free transactions:
- online transfers of own funds from cards to cards of other banks;
- online transfers using details from the master account.
The commission for online payments and transfers is returned to the master account in the form of cash back within the next calendar month, subject to purchases on all (debit, credit, main and all additional cards) in the “Multicard” banking service package for a total amount of more than 75 thousand roubles. per month. The limit for free transfers from a card to a card of another bank is RUB 20,000/month. Cash withdrawals from any ATM in the world without commission
With the VTB Multicard, you can withdraw your own cash from the card without commission at any ATM, even at ATMs of other banks.
The commission for cash withdrawals from ATMs of other banks is returned to the master account in the form of cash back over the next calendar month, subject to purchases on all cards (debit, credit, main and all additional) in the “Multicard” banking service package for a total amount of more than 75 thousand rubles. per month.
There is no limit on the amount of free cash withdrawals.
Withdrawing cash without commission is a pressing issue today for all debit card owners. This issue is especially acute if you are a client of a less well-known bank. Although VTB 24 is one of the leaders in this industry, the organization’s ATMs are not so widespread even in large cities (by comparison, Sberbank terminals can be found in almost every large store or shopping center in your city).
VTB debit card owners have two or three options: withdraw cash from any ATM with a commission, look only for official terminals, or use partner ATMs. In this article you will learn where and how to withdraw money without VTB 24 commission, as well as what commission awaits you when withdrawing cash through third-party terminals.
Partner banks
Almost every well-known bank has its own partners. Agreements are concluded between organizations under which cardholders in one institution will be able to withdraw funds through ATMs of another institution without hindrance. Since VTB ATMs without commission are not found on every corner, clients must use the services of partners.
VTB 24 cash withdrawal fees are not charged at the following partner banks:
- OJSC "Leto Bank";
- TransCreditBank;
- OJSC "Bank of Moscow";
- OJSC VTB Bank.
You can safely withdraw money from the terminals of these organizations, since no commission will be charged. In the CIS countries, you will be able to use the services of the bank, since it is the main partner.
However, in Azerbaijan, Belarus and Kazakhstan, withdrawals are only available to Visa card holders. Plastic cards of the MasterCard payment system are not included in the list. Through machines of other banks, VTB 24 cash withdrawals are accompanied by an additional fee, the amount of which we will discuss later.
How to withdraw money from a non-partner ATM
Let's consider the conditions for issuing money and the commission charged:
- Basically, the issuance of money is taxed in the amount 1% of the withdrawn amount;
- loan funds are subject to commission at 5.5%;
- Raiffeisenbank distinguished itself with a lower amount, which charges 0.5% of the withdrawn amount.
All the conditions described are suitable if you withdraw at least 300 rubles. It is worth noting that It is not possible to withdraw money from a VTB credit card without a commission in any of the banks.
In addition, if you are a client of one of the partner banks, you can easily withdraw cash through their ATMs without any additional fees. Withdrawing money through VTB 24 using a debit card from another financial institution is subject to 3% of the amount.
Through partner systems, banks improve the conditions for providing services to their clients. With the advent of partners, users of VTB 24 debit cards can withdraw cash from their accounts literally at every step.
You can find the location of the nearest ATMs and terminals on the Internet or by calling the VTB 24 bank hotline.
If cash withdrawals from debit cards usually occur with a zero commission, then in the case of credit cards the situation is not so rosy. Many banks charge a significant percentage for cash withdrawals when it comes to loan accounts.
Today we will talk to you about the conditions for cashing out funds from credit cards of one of the most popular banks - VTB24. Let’s figure out how the commission is charged, what size it is and what are the rules for withdrawing funds from the “plastic” of this financial institution.
When choosing a credit card, it is very important to consider not only the interest rate, but also additional fees - they can account for a large share of the overpayment on the loan. These include the so-called cash withdrawal fee - that is, the money that you will have to pay if you decide to “cash out” the loan at an ATM.
The conditions for withdrawing cash from ATMs may vary significantly between different credit institutions. Banks can charge fees for cash withdrawals ranging from 0 to 5-7%, and set a minimum fee that does not depend on the amount of money withdrawn.
Be sure to check with the bank about the minimum commission amount - otherwise you may greatly overpay. For example, on your credit card the commission for withdrawing cash from an ATM is 3%, but the minimum is 200 rubles. If you need to withdraw 10 thousand rubles, then for a one-time operation you will pay 300 rubles (3% of the amount). If you withdraw this money in 2 stages (5 thousand rubles each), then for each operation you will pay 200 rubles (minimum commission), and the total interest for cashing out will be already 400 rubles.
Let us indicate the main parameters on which the percentage for withdrawal of funds may depend:
- « Kudos" cards– classic, gold, premium level. Some banks may include all fees in the service fee, and you can withdraw cash from them at minimal cost. Others, on the contrary, give an advantage to “standard” clients, making discounts on commissions, and for “prestigious” clients they offer higher interest rates for withdrawals;
- Type of withdrawal funds: own or credit. Most banks allow you to use your credit card as a debit card and store your savings on it. As a rule, withdrawals of such money can be made free of charge, and fees are charged only if you have used the credit limit;
- ATM where funds are withdrawn. If you withdraw money from an ATM of the credit institution that issued the card, the commission may be lower than at a terminal of a third-party bank. However, it is worth noting that the interest rate for withdrawing credit funds often does not depend on the ATM - this is, for example, what happens at VTB24;
- Other conditions for the card. As a rule, banks offer not just one credit card, but a whole line. Each card is aimed at a specific group of borrowers and takes into account their needs. A bank may offer attractive conditions for one parameter (for example, cash withdrawal commission), but other conditions are not so attractive (the grace period is reduced, the service fee is increased, etc.). As a result, you choose the most suitable product based on your own needs;
- Standard or “loyal” conditions. For their clients, banks can offer preferential terms on credit cards, including in the area of reducing fees for cash withdrawals.
Read also:
At what age can you get a plastic card?
What percentage does VTB 24 charge for cash withdrawals?
So far, we have talked mainly about the theoretical foundations and what determines the interest rate for cash withdrawals. Let's move on to practice - let's look at what cash-out conditions are offered if you get a VTB 24 credit card.
All VTB 24 credit cards can be divided into three groups:
- Classic – a line of products with an interest rate of 28% per annum, a limit of up to 300 thousand rubles, a service fee of up to 75 rubles per month;
- Gold – limit up to 750 thousand rubles, interest rate 26% per annum, service fee up to 350 rubles per month;
- Platinum – limit up to 1 million rubles, interest rate 22% per annum, service fee up to 850 rubles per month.
Let's look at the fees for cash withdrawals for each type of card valid in February 2017:
| Withdrawal of own funds | Withdrawal of credit funds | ||||
|---|---|---|---|---|---|
| At ATMs and distribution points of the VTB 24 group | At ATMs and distribution points of third-party banks | ||||
| Classic cards | Cashback | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) |
| Pocket card | 0% | 1% (minimum 50 rubles) | 1% (minimum 50 rubles) | 1% (minimum 50 rubles) | |
| Collection | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
| Gold cards | Collection | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) |
| Map of impressions | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
| Automap | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
| World map | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
| Platinum cards | World map | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) |
| Automap | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
| Map of impressions | 0% | 1% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | 5.5% (minimum 300 rubles) | |
So, as we see, the commission for withdrawing cash from a VTB 24 credit card is in most cases standard - if you use credit funds, then at any ATM it will be 5.5% of the withdrawal amount. In the case of cashing out your own funds on the card (that is, when you do not touch the credit limit), you will not pay anything at VTB 24 ATMs, and the ATM of a third-party bank will withhold a commission of 1% of the amount.
VTB24 is a large financial institution in Russia. The bank provides a full range of banking operations, being a universal institution that is responsible for the retail direction in. What is it like to work with people without card transactions? But in order to understand how profitable it is for individuals to be served by this bank, you need to have information about the cost of services, where the commission for cash withdrawal at VTB24 is not the last factor.
Types of VTB24 payment cards
Platinum cards
Platinum cards have the highest status in VTB 24. The names of their types are completely identical to Gold class payment instruments, but at the same time they have a wider range of possibilities both for accumulating bonuses and for refunding a percentage of purchases made.
The fee for receiving cash using platinum cards is as follows:
- funds in the amount of your balance can be withdrawn free of charge, both at the money issuing point and at VTB Group ATMs;
- When receiving a loan, the owner will be debited 5.5% of the request amount, but not less than 300 rubles. both in VTB24 Bank and in another financial institution;
- You can receive your funds from another institution only by paying 1% of the required amount, at least 300 rubles.
The conclusion about the bank's tariff policy is obvious - before withdrawing money from a VTB24 card, the client must make sure of two things:
- that the withdrawal takes place at a point of issue or an ATM owned by VTB Group;
- that the amount of the request does not exceed the balance of own funds.
How to open a bank account: Video
Using VTB 24 credit cards is pleasant and simple - you can afford to use the funds right now and worry about repayments later. You can use money from a credit card in different ways, making purchases by bank transfer. However, if you need to get money into your hands live, there is no escape from withdrawing cash. But the rules of the game in this case will be different. The VTB 24 credit card charges a fee for cash withdrawals on the same basis as other products. Details are in the article.
You can withdraw cash from a VTB 24 credit card at any terminal or ATM, or branch owned by VTB. In addition, it is possible to use similar services of the Bank of Moscow or Post Bank. The interest rate for cash withdrawals in these cases may vary.
Withdrawal from VTB 24 ATMs
The VTB credit card has a 24 percent interest rate for cash withdrawals, regardless of the withdrawal amount (if we are talking about cash withdrawals within the limit). Tariff details are as follows:
- According to the Multicard tariff plan (this is the only credit card currently offered for registration at VTB), the percentage is set at 5.5% of the requested amount. At the same time, there is a lower withdrawal threshold - 300 rubles - less than which you cannot cash out. The same commission deduction rules apply to holders of Classic, Gold and Platinum VTB 24 credit cards, which are archival and are no longer issued.
- If the client is the owner of a VTB Classic Pocket Card, the tariff for him will be different. In this case, 1% is charged for cash withdrawal, and the threshold is 50 rubles. The Pocket Card is also no longer available for registration.
If a combination of circumstances forces you to withdraw money from the card at a VTB 24 cash point and the amount does not exceed 100 thousand, you will have to pay the bank 1000 rubles for servicing. However, there are caveats to avoid this:
- If there is only one ATM installed in the office, but it is faulty;
- If there are more than two ATMs, but only one of them works;
- If the reason for withdrawing cash is account closure or loss of the card;
Since the credit card may contain not only credit funds within the limit, but also the client’s own deposited money, cash withdrawal rates provide for this case. The VTB 24 credit card does not imply a commission for withdrawing cash from a debit balance (except for withdrawal at a cash point, where the same 1000 rubles are charged).
Withdrawals from machines of other banks
The good news is that VTB 24 sets uniform fees for cash withdrawals both in its own bank and in a third-party bank. However, this applies to credit funds on the card. For debit money, the withdrawal interest will be 1% of the amount.
In addition, it is important to understand that the third-party bank may require its own fee for providing the service. It is wise to clarify the percentage for the operation in advance so as not to get into an unpleasant situation.
Procedure for collecting interest on withdrawals
According to the tariffs and conditions for using VTB 24 credit cards, the commission for cash withdrawals is debited from the client’s account as part of the withdrawn amount. That is, the debt to the bank will be the amount of withdrawal plus the amount of the calculated commission. This is important to take into account, since commission funds are also subject to interest on the loan (without considering the grace period).
To complete the picture: the total amount of debt should also not exceed the credit limit, otherwise additional expenses cannot be avoided - funds over the limit have an increased tariff and are accompanied by a fine. Therefore, the issue of commission for cash withdrawals from a VTB 24 credit card is more important than it seems at first glance.
Where to find out the addresses of VTB 24 ATMs
Since the interest rate for cash withdrawals is an important aspect of using a credit card, you need to carefully consider the method of cashing out. To save money, it is best to do this at VTB 24 ATMs. Find out the addresses of all terminals and find the nearest and most convenient ones on the bank’s official website on the Internet - vtb24.ru.
By clicking on the button offices and ATMs in the upper right corner, the user will see a map open with marked ATMs. In the line that appears, you can enter your location and the system will select the best option.
Conclusion
After reading the article, the holder of a VTB 24 credit card is no longer afraid of the cash withdrawal fee due to the unknown amount or terms of withdrawal. Knowing the intricacies of his own tariff, the client will be able to keep credit costs under control in any situation, which means that another brick has appeared in his financial security.