Under the new terms, the minimum payment will remain at 5% of the total debt amount (but not less than 100 UAH). However, if the accrued interest on the remaining loan balance exceeds 5% of the debt amount at the end of the previous month, the required payment will be adjusted according to the accrued interest.
The "Universal" card from PrivatBank offers a credit limit of up to 200,000 UAH, which is renewable — meaning that once the debt is repaid, the credit limit is restored to its original amount.
Customers who do not agree with the updated terms have the right to terminate the loan agreement by repaying all outstanding obligations and submitting a request to close the account via Privat24 or at a bank branch within 30 days.
The updated terms will be officially available for review starting from March 1, 2025, in the "Credit Cards" section (2.1.1) of PrivatBank's banking service conditions.
As a reminder, starting February 1: PrivatBank is introducing new rules and restrictions on Ukrainian funds, and Oschadbank will also "catch on"
Earlier, "hyser" reported, from February life will become more complicated: rising prices, mobilization, banking limits, VVK, payments, taxes on cars, and expensive products
As "hyser" stated, PrivatBank, Oschadbank, and monobank will lose clients: Ukrposhta Bank will surprise with special services