The ProCredit Bank Visa Electron is a reliable debit card option for secure transactions in Georgia and abroad.
This article covers the application process, key benefits, and fees to help you determine if it suits your financial needs.
Understanding these details ensures you can use the card effectively while managing daily expenses.
Overview of ProCredit Bank
ProCredit Bank is a trusted financial institution in Georgia, offering transparent and sustainable banking services.
Known for its reliability, the bank serves individuals and businesses and is committed to responsible banking and modern digital services.
Features of ProCredit Bank Visa Electron
The ProCredit Bank Visa Electron has various features designed to provide convenience, security, and control over your finances.
Here are the key features of the card:
- Debit Card Functionality – You can spend only what is available in your account, preventing overdrafts.
- Contactless Payments – Supports quick and secure tap payments for small transactions.
- Global Acceptance – Accepted at millions of locations worldwide, including online and in-store.
- Mobile Banking Integration – Easily manage your account via ProCredit’s mobile banking app.
- Secure Transactions – Equipped with chip and PIN protection to enhance security.
- Daily Transaction Limits – Set limits to control spending and enhance security.
- ATM Access – Withdraw cash from ProCredit Bank ATMs and partner networks.
How to Apply
Applying for this card is a straightforward process. Here’s what you need to do:
- Check Eligibility – Ensure you meet the minimum age and income requirements.
- Gather Required Documents – Prepare your identification (e.g., passport or national ID) and proof of income (e.g., pay slip or bank statement).
- Choose Application Method – You can apply online through ProCredit Bank’s website or visit a branch in person.
- Complete the Application Form – Fill out the necessary forms, providing accurate personal and financial information.
- Submit Your Application – Submit your completed form and the required verification documents.
- Wait for Approval – Once your application is reviewed, you will receive approval confirmation.
- Card Delivery – After approval, your Visa Electron card will be issued and delivered to you, or you can pick it up at the bank.
Benefits of the Card
The ProCredit Bank Visa Electron offers several advantages that make it a practical choice for managing your finances. Here are the key benefits:
- Enhanced Security – Equipped with chip and PIN technology, protecting against fraud.
- Global Acceptance – Accepted at millions of locations worldwide for online and in-store transactions.
- Budget Control – A debit card helps you control spending by only allowing you to use available funds.
- Convenient Payments – Enjoy contactless payments for quick and easy transactions.
- No Overdraft Risk – Avoid the risk of spending beyond your available balance, making it ideal for budgeting.
- ATM Access – Withdraw cash from ATMs both locally and internationally.
- No Annual Fee – Many ProCredit Bank Visa Electron cards come with no annual fee, helping you save money.
- Easy Mobile Banking – For convenience, manage your account and card through ProCredit’s mobile banking app.
Interest Rates and Fees
The card offers secure, convenient financial management for local and international transactions.
Here are the key interest rates and fees associated with the card:
Annual Fee:
- Card Issuance Fee: 50 GEL (once-off)
- Annual Maintenance Fee: 50 GEL (charged annually)
Interest Rates:
- Interest Rate on Purchases: 19% per annum
- Interest Rate on Cash Withdrawals: 19% per annum (charged immediately on cash withdrawal)
- Grace Period for Purchases: 20 days (if the full balance is paid within this period)
Late Payment Fees:
- Late Payment Fee: 20 GEL (if the minimum payment is not made by the due date)
Overlimit Fee:
- Overlimit Fee: 25 GEL (if the credit limit is exceeded)
Cash Withdrawal Fees:
- Domestic ATM Withdrawal: Free (within ProCredit Bank’s ATM network)
- International ATM Withdrawal: 3% of the withdrawal amount (minimum 5 GEL)
Foreign Transaction Fee:
- Foreign Currency Transactions: 2% of the transaction amount (for purchases made in foreign currency)
Replacement Card Fee:
- Card Replacement Fee: 30 GEL (if the card is lost or damaged)
Additional Fees:
- Currency Conversion Fee: 1.5% (for transactions made in foreign currencies)
These rates and fees offer flexibility for everyday use. For any updates, be sure to review the official terms.
ATM Access and Withdrawal Limits
This card offers convenient ATM access both locally and internationally.
Here are the key details regarding ATM withdrawals and limits:
- Local ATM Access – You can withdraw cash from ProCredit Bank ATMs free of charge.
- International ATM Access – Withdrawals from ATMs abroad may incur additional fees depending on the location and network used.
- ATM Withdrawal Limits – ProCredit Bank typically sets a daily withdrawal limit for ATM transactions. This limit can vary depending on your account type and bank policies.
- Cash Withdrawal Fees – Fees may apply for withdrawals from ATMs outside the ProCredit Bank network, locally and internationally.
- Currency Conversion Fees – A small fee is charged for withdrawals in foreign currencies when using ATMs outside Georgia.
Who Should Get This Card?
The ProCredit Bank Visa Electron is ideal for individuals looking for a simple, secure way to manage their finances.
Here’s who might benefit most from this card:
- Budget-Conscious Individuals – Helps control expenses with its debit-only feature, preventing overspending.
- Frequent Travelers – Great for international travel with global acceptance and low transaction fees.
- Students and Young Professionals – Ideal for managing finances with a simple and secure option.
- People Seeking Security – Offers enhanced protection with chip and PIN technology for secure transactions.
- Those Looking for Convenience – Provides easy payments with contactless options and mobile banking integration.
Customer Support and Assistance
For any inquiries or support related to your ProCredit Bank Visa Electron, you can contact their customer service using the following details:
- Phone Number: (+995 32) 220 2222
- Email Address: geo.info@procredit-group.com
Final Thoughts
The ProCredit Bank Visa Electron offers a secure, convenient, and cost-effective solution for managing your finances.
Its range of features and benefits makes it ideal for those looking to control spending while enjoying global accessibility.
If you’re ready to take control of your financial management, apply for your ProCredit Bank Visa Electron today!
Disclaimer
The information provided in this article is for general informational purposes only and may be subject to change.
For the most up-to-date details on fees, rates, and terms, please refer to ProCredit Bank’s official website or contact their customer support.
