OTP Bank "Money in your pocket" credit card: grace period and payments

"Money in your pocket" (Mani na karmani) is OTP Bank's credit card with a credit limit for everyday purchases and a grace period when no interest is charged. Let's look at how to get it, how the grace period and minimum payment work and how to use it without overpaying.

What "Money in your pocket" is

It's a credit card with a limit set by the bank. Money spent within the limit must be repaid; if you make it within the grace period — with no interest. You can manage the card in the OTP Bank mobile app.

How to get it

1. Apply in the OTP Bank app or at a branch.
2. The bank assesses a credit limit based on your data.
3. After approval the limit becomes available for purchases.
4. Repay what you spent within the grace period to avoid interest.

Screenshot: applying for the "Money in your pocket" card in the OTP Bank app

Grace period and minimum payment

The grace period is the time when the bank charges no interest for using the limit if you repay what you spent on time. Each month you must pay at least the required minimum payment (part of the debt + interest). To avoid overpaying, repay the full used amount within the grace period, not just the minimum. The date and amount are shown in the app.

How to use it without overpaying

• repay what you spent before the grace period ends;
• don't withdraw credit funds as cash — the grace period usually doesn't apply to withdrawals;
• watch the payment date to avoid being late;
• don't limit yourself to the minimum payment — that leaves interest on the balance.

What happens if you're late

If you don't make the minimum payment on time, the bank charges interest on the balance at the contract rate, a penalty is possible, and the late payment goes into your credit history. So pay by the stated date; with temporary difficulties, contact the bank in advance.

FAQ

Does the grace period apply to cash withdrawals?

Usually no — grace covers purchases, while withdrawing credit funds as cash often incurs interest and a fee right away.

How do I check the limit and payment date?

The current limit, used amount and payment date are shown on the card in the OTP Bank app.

What if I only pay the minimum?

The card stays in good standing, but interest accrues on the balance. It's better to repay the full amount within the grace period.

How do I close the credit card?

First fully repay the debt, then submit a closure request at a branch or via support.

Limits, rates and grace-period length may change — check current terms in the OTP Bank app or on the bank's website.