Terms of Free Servicing in Premium Direct

Premium DIRECT

Terms of Free Servicing of Service Packages

Free servicing of service packages is provided in the following cases:

  • If the total amount in the accounts at the end of each calendar month is more than 500 000 Russian rubles and the amount of purchases using premium cards is more than 25 000 Russian rubles per month

or

  • If the total amount in the accounts is constantly over 1 000 000 Russian rubles at the end of each calendar month

or

  • If the amount of purchases using premium cards is not less than 75 000 Russian rubles per month

or

  • If your wages are transferred in an amount of no less than 300,000 rubles per month

If the conditions for free servicing are not complied with, the commission for the use of the ’Premium Direct’ service package will be 1 500 Russian rubles per month only for those months in which the conditions for free servicing were not met.

The total amount in the accounts at the end of the month includes:

  • Cash balance in all customer’s accounts and deposits in the Bank on the last business day of the month
  • All insurance premiums for insurance programs with OOO Raiffeisen Life Insurance Company paid by the last business day of the month
  • The amount of investments, or the number of shares owned by a customer on the last business day of the month, multiplied by the share price on the last business day of the month, or the amount invested in the client’s trust management agreement

Purchases using premium cards are all cashless payment for goods and services using all premium cards (including credit cards) within the ’Premium’ package, made within 1 calendar month, according to the official transaction dates.

Transfer of salary wages is understood as the minimum amount of cash inflow to an account(s) of a salaried client/individual salaried client with the purpose of payment, certifying the receipt by them of a salary for the last calendar year (in Russian rubles).

The minimum cash flow is calculated in Russian rubles, while calculation of the equivalent sum in Russian rubles for funds in other currencies is determined by the exchange rate given by the Bank of Russia on the last working day of the month.

To become our customer and enjoy all benefits of this program, simply fill in an application using the link below Apply now