DinaCard TM

Payment cards
As instrument of non-cash payments, payment cards enable cardholders to purchase goods and services and withdraw cash. There are numerous reasons why one should use payment cards: they save time for both cardholders and merchants, they are simple and comfortable to use, in case of a lost or stolen card, risk for one's funds is reduced to minimum, and cards enable cardholders to have all the funds from their bank accounts at their disposal all the time. Cardholders do not have to queue in the bank to withdraw cash from their bank accounts any more, and bank working hours are no longer a problem. In case of purchase, they have all the funds on their banks accounts at disposal (including overdrafts and credit limits) - not only cash they have in their wallets. As far as safety is concerned, in case of a lost or stolen card, it is enough for a cardholder to report the loss or theft to their bank, and the card is immediately blocked, which prevents its misuse. In order to help you decide which of DinaCard products is best suitable to your needs, let us take a look at the present types of cards in DinaCard system. Two basic DinaCard products are debit and credit card, and in addition to these two there is a business card as well as a prepaid card.

Payment cards

As instrument of non-cash payments, payment cards enable cardholders to purchase goods and services and withdraw cash. There are numerous reasons why one should use payment cards: they save time for both cardholders and merchants, they are simple and comfortable to use, in case of a lost or stolen card, risk for one's funds is reduced to minimum, and cards enable cardholders to have all the funds from their bank accounts at their disposal all the time. Cardholders do not have to queue in the bank to withdraw cash from their bank accounts any more, and bank working hours are no longer a problem. In case of purchase, they have all the funds on their banks accounts at disposal (including overdrafts and credit limits) - not only cash they have in their wallets. As far as safety is concerned, in case of a lost or stolen card, it is enough for a cardholder to report the loss or theft to their bank, and the card is immediately blocked, which prevents its misuse.

In order to help you decide which of DinaCard products is best suitable to your needs, let us take a look at the present types of cards in DinaCard system.

Two basic DinaCard products are debit and credit card, and in addition to these two there is a business card as well as a prepaid card.

Debit cards
Debit DinaCards enable cardholders to purchase goods and services and withdraw cash on ATMs and in branches and outlets of all banks in DinaCard system, up to the amount of funds on their current accounts including approved overdrafts. This card product is issued by 26 banks in DinaCard system. The card is linked to cardholder's current account and is issued free of charge (no admission fee or annual membership fee).

Debit cards

Debit DinaCards enable cardholders to purchase goods and services and withdraw cash on ATMs and in branches and outlets of all banks in DinaCard system, up to the amount of funds on their current accounts including approved overdrafts. This card product is issued by 26 banks in DinaCard system. The card is linked to cardholder's current account and is issued free of charge (no admission fee or annual membership fee).

Credit cards
Credit cards enable cardholders to use credit funds approved by their bank, according to the contract previously signed by both sides. Credit cards allow deferred payment in monthly installments, and are therefore especially suitable for larger purchases, which a cardholder could not pay only out of one monthly salary. During crediting period, banks charge cardholders interest, which they define according to their own business policy. In DinaCard system there are two types of credit products which differ in the way in which cardholders pay their card debt: Revolving credit cards - DinaCard3, DinaCard6 and DinaCard12, and Charge credit cards Revolving credit cards - DinaCard3, DinaCard6 and DinaCard12 This type of credit card functions on the principle of paying off one part of the outstanding card debt once a month. The dynamics of payments (the percentage of debt being paid off) depends on the agreement between a cardholder and the bank, and it is usually 10-30% of the outstanding card debt. Credit products DinaCard3, DinaCard6 and DinaCard12 enable cardholders to spend more money than they have on their current accounts, while paying a certain percentage of the outstanding card debt once a month.

Credit cards

Credit cards enable cardholders to use credit funds approved by their bank, according to the contract previously signed by both sides. Credit cards allow deferred payment in monthly installments, and are therefore especially suitable for larger purchases, which a cardholder could not pay only out of one monthly salary. During crediting period, banks charge cardholders interest, which they define according to their own business policy. In DinaCard system there are two types of credit products which differ in the way in which cardholders pay their card debt:

Revolving credit cards - DinaCard3, DinaCard6 and DinaCard12, and
Charge credit cards

Revolving credit cards - DinaCard3, DinaCard6 and DinaCard12

This type of credit card functions on the principle of paying off one part of the outstanding card debt once a month. The dynamics of payments (the percentage of debt being paid off) depends on the agreement between a cardholder and the bank, and it is usually 10-30% of the outstanding card debt.

Credit products DinaCard3, DinaCard6 and DinaCard12 enable cardholders to spend more money than they have on their current accounts, while paying a certain percentage of the outstanding card debt once a month.

DinaCard3
DinaCard3 is a credit card which enables cardholders to pay 1/3 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard3 credit card. Example: DinaCard3 Monthly income of cardholder: 22.223 CSD Credit limit: 20.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard3), the limit for our cardholder is 0,9 of monthly income. The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD. Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

DinaCard3

DinaCard3 is a credit card which enables cardholders to pay 1/3 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard3 credit card.

Example: DinaCard3
Monthly income of cardholder: 22.223 CSD

Credit limit: 20.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard3), the limit for our cardholder is 0,9 of monthly income.

The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD.

Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

DinaCard6
DinaCard6 is a credit card which enables cardholders to pay 1/6 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard6 credit card. Example: DinaCard6 Monthly income of cardholder: 20.000 CSD Credit limit: 36.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard6), the limit for our cardholder is 1,8 of monthly income. The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD. Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

DinaCard6

DinaCard6 is a credit card which enables cardholders to pay 1/6 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard6 credit card.

Example: DinaCard6

Monthly income of cardholder: 20.000 CSD

Credit limit: 36.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard6), the limit for our cardholder is 1,8 of monthly income.

The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD.

Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

DinaCard12
DinaCard12 is a credit card which enables cardholders to pay 1/12 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard12 credit card. Example. DinaCard12 Monthly income of cardholder: 20.000 CSD Credit limit: 72.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard12), the limit for our cardholder is 3,6 of monthly income. The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD. Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

DinaCard12

DinaCard12 is a credit card which enables cardholders to pay 1/12 of their outstanding card debt once a month. Here you can see an example of paying off outstanding debt for DinaCard12 credit card.

Example. DinaCard12

Monthly income of cardholder: 20.000 CSD Credit limit: 72.000 CSD. Credit card limit is defined according to the principle that monthly payment of outstanding card debt cannot be higher than 30% of the cardholder's monthly income. By this model (DinaCard12), the limit for our cardholder is 3,6 of monthly income.

The closing of outstanding card debt, i.e. the payment of the entire remaining debt, is executed when the amount of debt falls below 2.000 CSD.

Apart form the amount of monthly installment, the account of cardholder is also debited for the appropriate amount of monthly interest.

Charge credit cards
With this type of credit card, outstanding card debt is usually paid in full once a month; this period of payment may vary between 30 and 50 days and is defined by the bank. At the end of this period, the bank informs the cardholder about the amount of outstanding card debt, and the deadline for payment. In other words, the bank once a month informs the cardholder how much they "owe" in terms of their credit card debt, which includes everything the cardholder has spent during the previous month, and when is the deadline for payment. The interest depends on the business policy of the issuing bank.

Charge credit cards

With this type of credit card, outstanding card debt is usually paid in full once a month; this period of payment may vary between 30 and 50 days and is defined by the bank. At the end of this period, the bank informs the cardholder about the amount of outstanding card debt, and the deadline for payment. In other words, the bank once a month informs the cardholder how much they "owe" in terms of their credit card debt, which includes everything the cardholder has spent during the previous month, and when is the deadline for payment. The interest depends on the business policy of the issuing bank.

Business cards
Business DinaCard is a card linked to the account of a legal entity or entrepreneur. More than one business card can be linked to the account of one legal entity, and every one of them is personalized on the name of one employee of the company, who is the cardholder. With a business card, as well as with a personal card, goods and services can be purchased, or cash can be withdrawn on ATMs and in branches and outlets of all banks in DinaCard system. Business cards usually function as debit cards or charge credit cards.

Business cards

Business DinaCard is a card linked to the account of a legal entity or entrepreneur. More than one business card can be linked to the account of one legal entity, and every one of them is personalized on the name of one employee of the company, who is the cardholder. With a business card, as well as with a personal card, goods and services can be purchased, or cash can be withdrawn on ATMs and in branches and outlets of all banks in DinaCard system. Business cards usually function as debit cards or charge credit cards.

Prepaid cards
Prepaid card is a payment card with a predefined value to it. Depending on the type and purpose of the prepaid card, it can be used for cash withdrawal and/or purchase of goods and services on all ATMs, and in all bank outlets and merchant stores which have a DinaCard sign on them. Prepaid card functions as a debit card, which means that cardholders can purchase goods and services and withdraw cash, up to the amount of funds available on their prepaid accounts. Prepaid cards are one extremely attractive product, and the usual types of this product are gift cards, cards for minors, travel cards, etc. Some types of prepaid cards are issued for single use – until all funds on them have been spent, whereas other types can have a prolonged usage, which is made possible by recharging them once the funds on them have been spent.

Prepaid cards

Prepaid card is a payment card with a predefined value to it. Depending on the type and purpose of the prepaid card, it can be used for cash withdrawal and/or purchase of goods and services on all ATMs, and in all bank outlets and merchant stores which have a DinaCard sign on them. Prepaid card functions as a debit card, which means that cardholders can purchase goods and services and withdraw cash, up to the amount of funds available on their prepaid accounts. Prepaid cards are one extremely attractive product, and the usual types of this product are gift cards, cards for minors, travel cards, etc. Some types of prepaid cards are issued for single use – until all funds on them have been spent, whereas other types can have a prolonged usage, which is made possible by recharging them once the funds on them have been spent.

	Cards
	Debit Credit DinaCard3 DinaCard6 DinaCard12 Charge Business Prepaid