A credit card at Ukrgasbank: grace period, limit and payments

An Ukrgasbank credit card gives you access to the bank's loan within a set limit. The main advantage is the grace period, during which purchases accrue no interest. Let's look at how to get the card, what the limit depends on, how to use the grace period and avoid overpaying.

How to get a credit card

1. Online: apply in the Ukrgasbank mobile app or on the bank's website — you'll need a passport and tax number.
2. At a branch: arrange the card with a manager who will help choose the limit.
3. The bank assesses your solvency and sets the credit limit individually.

Screenshot: a credit-card application in the Ukrgasbank app

How the grace period works

The grace period is the time during which you can use credit funds without interest if you fully repay the debt by the end of that term. Keep in mind:

• the grace period usually applies to purchases, not to cash withdrawals;
• to avoid interest, you must repay the whole debt by the payment date;
• if you pay only the minimum, interest accrues on the rest.

What the limit depends on

• income — the higher the confirmed income, the larger the possible limit;
• credit history — timely payments on other loans build trust;
• relationship with the bank — salary clients often get a bigger limit.

How to repay and avoid overpaying

1. Track the mandatory payment date in the app.
2. When possible, pay the full amount of the debt, not the minimum.
3. Avoid cash withdrawals from a credit card — the grace period usually doesn't apply and a fee is charged.
4. Set a reminder or auto top-up so you don't miss a payment.

Fees to keep in mind

• card maintenance — there may be a monthly or annual fee;
• cash withdrawal — a fee plus interest from day one;
• missed payment — a penalty and interest on the whole debt.

FAQ

How long is the grace period?

It depends on the terms of the specific card. See the exact duration in the contract and the Ukrgasbank app.

Does the grace period apply to cash withdrawals?

Usually not — interest on cash accrues immediately, plus a fee. It's better to pay with the card.

What happens if I pay only the minimum?

The card stays active, but interest accrues on the unpaid part — the grace period won't apply.

How can I raise the limit?

Confirm your income, repay on time and contact the bank — the limit is reviewed individually.

Terms, rates and the grace-period length change — check current data in the Ukrgasbank app or on the bank's website.