Can I repay the loan early?
Of course. You can repay the loan anytime, partially or in full. If you have a variable interest rate, you do not pay a commission. For the fixed interest rate, there is a commission ...
How is interest on deposits calculated?
We calculate the deposit interest according to the following formula:Gross interest* = (Nominal value** x Actual number of days*** x Interest rate) / 360 x 100 ...
What is a "credit card"?
Credit card, also known as a shopping card, is a payment instrument issued by the bank, which provides you with a limit of ...
What is the difference between a deposit with capitalization and one without capitalization?
➤⠀if the established deposit is with capitalization, upon maturity, the interest is accumulated in the deposit account. ➤⠀and if the deposit is without capitalization, ...
Is the interest earned on term deposits taxable?
Yes, interest income from savings instruments is taxed at 10%, according to current legislation. 📜 The respective tax is withheld ...
What does "DAE" (Effective Annual Interest Rate) mean?
DAE is the Effective Annual Interest Rate. It shows the total cost of the loan in a single percentage and includes the interest, mandatory fees, and any other ...
What is the method of calculating the interest on term deposits?
We calculate the interest on term deposits according to the following formula: Gross interest = (Nominal value x Number of effective days x Interest rate) / 360 x ...
If I receive my salary in the BT account, do I benefit from better costs on loans?
Yes. If you receive your salary at BT, you can get a more advantageous interest rate and avoid worrying about monthly payments - the installment is paid automatically, so you don't ...
Will I receive STAR points for installment transactions?
To benefit from STAR loyalty points, payment must be made in full, through a BT POS. ⭐❗⠀It's also good to know that: if you choose ...
What does "interest-free installment payment" mean?
It means that you can shop with the Star card (you can choose from several types of cards, depending on your needs) and pay back the money in installments, ...
Is it possible to negotiate the interest rate on deposits?
Interest on deposits can be negotiated if the client opts for the establishment of a negotiated deposit. The minimum amount for establishing such a ...
What is the STAR program and what are the benefits attached to credit cards?
STAR is our loyalty program, which is based on accumulating points that turn into money. 💰In addition, it offers you the chance to pay in ...