Many Sberbank customers did not like the fact that all their cards became overdraft without their knowledge. We in simple terms We will tell you what an overdraft is on your card.

Among the banking products that appeared not so long ago is an overdraft card. Why is it needed, what benefits does it bring to the client?

Overdraft- lending to already known clients for a short period, while the conditions are agreed in advance with the borrower. The money is transferred to the client's account. And then, in case of unforeseen expenses, when own funds missing, can use a bank loan to pay, without contacting the office of a credit institution to sign loan agreement .

The client is obliged to repay the debt that has appeared when the grace period ends, that is, a certain period, usually set individually for each borrower. Given that the overdraft is offered only to regular and reliable customers, this type of lending does not carry any extra risks for the bank.

Sberbank overdraft card

In the largest Russian bank, serving both legal and individuals, an overdraft card is also offered. In the Savings Bank, persons using this type of lending:

• pay the interest rate that is charged on the loan amount;
• must return the funds taken, usually within 30-90 days;
• can use the card for one year;
• may not have in this bank;
• have a high income.

This type of card is issued by the Savings Bank to legal entities-corporate clients, individuals who have any of, for example, salary, pension or other.

Making an overdraft

It is not so easy to use the overdraft service, because a credit institution opens additional financing to those who are financially stable and have the status of a conscientious payer.

When registering, bank employees take into account the amount of receipts to the account of the prospective borrower over the past three months - this will determine the amount of the limit on the card. In addition, the fact that the client's funds are in circulation on accounts with other credit institutions also affects the limit. Sberbank can review the maximum loan amount every month, both upwards and downwards, and unilaterally reduce or increase it.

Legal entities In order to use the overdraft service, you must submit the following documents to Sberbank:

• loan application;
• application form and passport of the applicant;
• company registration certificate;
• copies of the charter and constituent documents that confirm the legal capacity of the applicant;
• size documents cash flow firms;
• latest financial statements.

An application for connecting an overdraft service is usually considered within 8 days. But the overdraft itself is connected in three months - at this time the Savings Bank analyzes cash receipts, credited to the account of a potential borrower, and decides what the maximum limit will be on his overdraft card.

Owners of a stable business can take advantage of " express overdraft» under simplified conditions.

Upon completion of the necessary formalities, funds will be credited to the borrower's account, which will become evidence of the activation of the overdraft card. Legal entities pay a commission to the bank for this service in the amount of 7,500 to 50,000 rubles, the rate is 1.2 percent of the overdraft limit.

What is the difference between an overdraft card and a debit card?

Debit card is intended for using only the client's personal funds, if they are insufficient, the card user cannot under any circumstances spend more money than is available on his account. A debit card does not have a negative balance. It also has no restrictions on non-cash payment of taxes, fines, payments for the provision of utilities. Its main purpose is the ability to replace cash with the possibility of non-cash payment. With a debit overdraft card, you can withdraw cash without any commission.

Credit card has credit funds credited by the bank, is convenient for those who deposit money on time without delay.

It includes a grace period of use: during 55 days from the moment of payment with a card, the borrower uses bank funds without paying a penny for it. The bank does not charge a commission only for cashless payments; cash withdrawals without a commission are not provided. You can pay off your card debt in installments, paying only interest.

Overdraft card is interesting in that the possibilities of a debit card and a credit card are combined here: the user stores personal funds on it, using them without restrictions, but if necessary, can use the funds of a credit institution. This card is different in that interest for the use of funds is accrued as soon as they are withdrawn; There is no grace period for refunds.

• The card limit for reputable entrepreneurs does not exceed 17 million rubles, for individuals - no more 30000 rub.;
• The card has a fixed term for paying the debt, but still it can be considered just a safety net for an unforeseen event when there is an urgent need for funds that the borrower is ready to return to the bank within a short time.

Overdraft for individuals

• The savings bank provides an overdraft service to those persons who are members salary project, a recipient of a pension in a credit institution. Usually the limit of such a card for individuals starts from 1000 rub. and does not exceed 30000 rub.
• From the borrower, a credit institution needs only a citizen's passport Russian Federation, application for the provision of services.

It happens that Sberbank requires another document that can prove identity, for example, a military ID or driver's license; proof of his income.

Repayment of card debt

Overdraft card debt can be paid in two ways:

• from the client's account Sberbank automatically writes off cash in the amount required to repay the loan and accrued interest (the interest rate is from 18% per annum);
• partial repayment of debt occurs when taking into account financial condition client.

It happens that the borrower has exceeded the allowed overdraft limit. In this case, the bank has the right to increase the interest rate for this client, up to 36% per annum.

Obviously: this service not entirely beneficial to borrowers - interest rates on this type of loan are quite high compared to other types of loans. And with large purchases, it is wiser to give preference or consumer credit or credit card.

Disabling an overdraft in Sberbank

Recently, Sberbank, when issuing any debit cards, activates the overdraft service with them. As a result, the user of the debit card can also use the bank's credit funds for purchases, naturally paying interest for the opportunity. But does everyone and always need a loan, which, perhaps, was not included in the client's fees.

How to disable

• If the contract has already been signed, then it is almost impossible to get rid of this service.
• In order not to pay interest on an overdraft, you can simply not use credit resources, avoiding a negative balance.

Another option: when applying for a debit card, when short-term credit is set automatically, you should set the limit on the card to zero. Without the consent of the client, the bank cannot make the overdraft limit large, in any case, this is how Sberbank itself positions the overdraft service.

However, since the summer current year many clients of the most massive bank in Russia are dissatisfied with the fact that an overdraft service has appeared on ordinary debit cards without any notification from Sberbank. The credit institution does not recognize the fact of connecting the service to debit cards, explaining that this is currently not possible, this option has not existed since December 2016.

One of the banking products is an overdraft facility. Visa card from Sberbank. This is a specific offer of the bank, which makes it possible to simplify the performance of various operations. At the same time, overdraft cards have both supporters and opponents.

What does a Sberbank overdraft card mean?

An overdraft is understood as an overspending of funds stored on the client's card. Translated from of English language the word "overdraft" is translated as "over the project" and means short term loan, which the client banking organization can use if needed.

In fact, an overdraft is a non-purpose loan issued for a short (from several days to several months) period of time. But despite a certain similarity, a loan and an overdraft has many differences:

• overdraft is usually small. Banks, using their own formulas, evaluate the solvency of the client and the frequency of receipt of amounts on the card, calculating the maximum limit amount;
• the initiation of the issuance of an overdraft card often occurs on the part of the bank, while the issuance of a loan is always initiated by the client. Moreover, even if the client has an overdraft card, this does not mean that he is obliged to use it. There are no penalties for non-use of the offered amounts;
• to apply for a loan, it is usually necessary to collect a large number of documents, while an overdraft is often an “attachment” to a regular salary card.

Overdraft is an opportunity to use funds in excess of your own money stored on the client's card. Roughly speaking, this is a kind of short-term loan.

Conditions for granting an overdraft from Sberbank

The service of obtaining a card with an overdraft from Sberbank is provided on certain conditions:

• Each client is given an individual limit that he can count on. Its size depends on the level of income and ranges from 1 to 30 thousand rubles. Accordingly, the greater the amount of wages or other income of the client, the more a large amount overdraft facility he can count on;
• interest is charged on the use of the overdraft amount. Their size depends on the currency of the card. For ruble cards they are 18%, for cards opened in dollars or euros - 16%. If the client violates the terms of the contract (in particular, in case of violation of the repayment terms), then the amount of interest may increase, and almost double;
• the loan repayment period is short - no more than two months from the moment you start using the limit. In this case, the accrual of interest begins from the moment the borrowed funds are used.

Given the terms of the provision, it is possible to highlight the advantages and disadvantages of an overdraft.

Service Benefits

Fans highlight the following advantages of the service:

• you can use the funds at any time, without the need to draw up an additional contract;
• money can be used both for non-cash payments and for cash withdrawals through an ATM or at the cash desk;
• repayment of the loan is carried out automatically after the next receipt of funds;
• You can always use an overdraft facility.

The main advantage of an overdraft is that the client has the opportunity to use the service at any time without drawing up additional documents.

Disadvantages of the service

The main disadvantage of an overdraft is quite high interest charged for the use of the service. Furthermore, grace period for the use of the service is not provided.

Understanding that there is reserve money on the account contributes to falling into a kind of debt bondage, when part of the income received on the card has to be given to the bank in the form of interest on the use of borrowed funds.

In addition, sometimes terminals show not only the client's personal funds, but also the overdraft amount, misleading him.

The expenditure of funds should be carefully controlled so as not to fall into debt bondage.

How to make an overdraft on a Sberbank card

The overdraft service is not activated automatically. To use it, you need to come to the branch of Sberbank and conclude an additional agreement. Most often, customers stay on an overdraft card. Sberbank Visa Classic, which has a low cost of maintenance and an optimal set of services provided.

In order to receive an overdraft card, you must have confirmation that the level of income meets the required minimum.

The supporting documents may be:

• certificate of salary from the place of work;
• an open deposit account with Sberbank;
• an account opened with Sberbank.

If a client receives a salary on a Sberbank card, then, as a rule, the bank itself offers to connect the overdraft service. The constant transfer of funds guarantees that the client will faithfully fulfill the terms of the agreement.

So, general algorithm The procedure for issuing an overdraft card from Sberbank is as follows:

• determination of the client's income level;
• calculation of the amount of overdraft that can be offered to the client;
• determination of quantity interest rate based on the overdraft currency;
• determination of the terms during which the loan must be repaid, signing the contract.

At the moment, it is not possible to activate the overdraft service through a personal account in the Sberbank Online system, through the Mobile application, or by calling the operator by phone.

The bank sets the limit based on the amount of the client's income.

Results

An overdraft card from Sberbank is a good way to get the missing amount without asking friends or relatives for help. For bank customers, it will not be difficult to arrange such a service: for example, it can be connected to a salary card.

Sberbank customers began to complain that the status of their debit cards in mobile application state bank was replaced by an overdraft.

For several employees of Vedomosti, the status of the cards has indeed changed. An employee of the Sberbank call center told one of them that the application was malfunctioning today, so some cards began to be displayed as overdraft ones: the problems would be fixed soon, and the cards would again be displayed in debit status - the conditions for their service had not changed. However, another Vedomosti employee at the call center was told that the display of debit cards as overdraft cards is necessary for the correct work with payments and transfers. At the same time, there were no changes in the terms of service, they specified there.
AT social network“Vkontakte” on its page, Sberbank said that it receives many questions about the fact that the state bank has changed the terms of service for debit cards: “This is not true - you cannot spend more money on a debit card than you have. The exception is technical debt, on which Sberbank does not charge interest. Overdraft on the card can only be allowed by you, not the bank. An employee of Vedomosti, whose debit card began to appear as an overdraft one, tried to pay for a larger amount than was on his card - this was not possible, because the bank refused to make payments due to lack of funds.
All Sberbank cards are debit overdraft cards, but they are divided into cards with an unauthorized overdraft, when the card cannot go negative, and with an allowed one, when the card can go negative when purchased, another call center employee said. A card with an unauthorized overdraft can go into negative territory only when the bank commission is deducted: for annual maintenance, service mobile bank, SMS alerts, if this service is paid. And for example, in the event of an arrest of accounts, the source of Vedomosti in the call center clarifies.
A representative of Sberbank confirmed that neither payments nor transfers of funds zero balance debit cards are not accepted. Sberbank mobile app Online maps are indeed displayed as overdraft, but this is necessary for the application to work correctly with payments and transfers. "The information disseminated on the Internet does not correspond to reality," he stressed.
In rare cases, technical debt is possible - when an amount exceeding the available spending limit is debited from the card. “Of course, since the clients are not to blame for the formation of such debt, no penalties or interest are charged or charged,” Sberbank said. Technical debt occurs, as a rule, when paying for trips abroad and when transferring from card to card. What is the difference
“What is called a credit card can be both a credit card and a debit card with an overdraft - there is no clear regulation on how to take into account cards with a limit,” says Yuri Gribanov, CEO of Frank Research Group.
A credit card, unlike an overdraft card, has a revolving nature - you can be in the red for an infinite amount of time, fulfilling the terms of the contract, he continues. On cards with an overdraft, it is possible to go into negative territory only for a certain period - for a month, for example, or two. At the same time, a technical overdraft is possible on almost all debit cards, he notes.
The difference between a credit card and an overdraft card is that they form different customer behavior, says a top manager big bank. In the case of a credit card, the client understands that this is not his money, and spends them more meaningfully, he continues. A credit card is different in that it provides for a minimum payment, a repayment schedule and, as a rule, it has an interest-free period, the banker lists.
And when an overdraft is installed on a salary card, usually in two salaries, a person does not always understand that he has gone “in the red” and is not using his own money, he explains. And he adds that when a salary arrives on a card with an already selected overdraft limit, it is automatically debited as repayment. “It turns out that the client is already permanently living on borrowed funds. It may be good for the bank's income, but there is also social responsibility, since not all clients are financially literate,” the banker concluded.
Sberbank planned to introduce overdrafts on debit cards, one of the bankers recalls: this is how the state bank expected to earn on interest.

Ordinary cards did not suddenly become credit cards, but they can go negative.

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Photo "Vesti Ekonomika"

On September 11, many Sberbank clients to change their cards from debit to overdraft, that is, if the balance is insufficient, the client can "go into the red." The bank denied the changes in debit card service and stated that it is impossible to spend more money on a debit card than is on the account.

Press service of Sberbank

Previously, an overdraft at the initiative of a client could be connected to a debit card, but since December 2016 this service has not been available in Sberbank, it has remained only with those who connected it several years ago.

Debit cards allow only the withdrawal of their own funds, and if there is no money on it, it will not work either when paying or at an ATM. An overdraft card allows for overspending. Ekaterina Martsukova, an expert on banking products at Banki.ru, told the BBC that overspending can cost from 0.1% to 0.4% per day. When transferred to annual percentage the rate of use of such an overdraft can range from 36.6% to 511%.

What is a technical overdraft

Sberbank explained to TJ that a "technical overdraft" is a technical debt, "when an amount exceeding the available spending limit is debited from the card."

In the first case, the debt may be formed when paying in foreign currency.

When paying by card on trips abroad: it may take several days from the moment of payment until the confirmation of the transaction, the exchange rate may change during this time, and more than large sum in rubles than the amount indicated in the SMS received at the time of the purchase.

If there is a low balance on the card, the balance may turn out to be negative. In this case, simply top up the card and continue shopping.

Press service of Sberbank

In the second case, if the Sberbank card was replenished with money from the card of another bank, and immediately after the replenishment they were withdrawn.

The transfer from card to card occurs almost instantly, and after confirming the operation, the funds immediately become available for use.

However, settlements between banks take several days and therefore, if you withdraw all the transferred money, technical debt may arise before the transfer is actually made from a third-party bank. We are currently working on a fix for this issue.​

Press service of Sberbank

Sometimes a technical overdraft appears when a store erroneously writes off money.

For example, the payment for the purchase was charged twice, and the refund did not occur immediately. During this period, the balance on the card may become negative, but only until the error is corrected.​

Press service of Sberbank

How is an overdraft paid?

The bank said in a statement that the technical overdraft is paid off automatically as soon as money appears on the card.

Techover is automatically redeemed as soon as there is money on your card. If you see in an SMS from the bank that you have minus 5 rubles in your account, just put the required amount on the card. Once again - Sberbank will not charge you a percentage for this.

Press service of Sberbank

The bank also explained that the negative balance may be after debiting money for the annual service or the Mobile Bank SMS service.

If you do not have enough money on your debit card, the bank will indicate the amount you need. When there is money on the card, the payment will be debited.​

Press service of Sberbank

Why does a debit card show up as an overdraft card?

Classic, Standard and higher class cards can be marked with an overdraft.

Press service of Sberbank

In order to obtain a tool for convenient and reliable use of own funds. Debit cards have a number of benefits. They are issued much faster than credit ones - it is enough to make an application and present a general passport. Unnamed debit cards are issued upon processing of an application received from a potential client.

The rule of using only own funds completely excludes the presence of credit limit. This is the fundamental difference between debit cards and. According to the first type, the client assumes a number of obligations, and according to the second, no obligations are provided.

For debit cards, banks use such an option as an overdraft. Each owner knows how this option works. It is a mistake to call an overdraft a loan or its variety. When issuing / receiving a loan, the parties conclude a loan agreement or a more simplified loan agreement.

When assigning an overdraft, no contract is concluded. Moreover, in the overwhelming majority of cases, this service is assigned by the bank on its own, and without a corresponding notice to the client.

This practice is widely used by Sberbank. Holders will learn about the purpose of the overdraft later, already in the process of using the card. Information becomes available after receiving an SMS message about the collection of fees for the assigned overdraft. The fees charged may be insignificant, but customers are almost always unpleasantly surprised that they have to pay for a service that they did not connect.

How is an overdraft connected?

Each debit card of Sberbank provides for the possibility of assigning an overdraft. This option is assigned exclusively on an individual basis and is not tied to the type of card and client level.

An overdraft is not specified in the agreement or user agreement for debits. Its size cannot be clarified at the bank or viewed in personal account. The calculation is always made only in automatic mode, and the amount of a possible overdraft directly depends on the amounts passing through the debit card account.

The more funds are credited to the card account, the higher the overdraft can be assigned by the bank. Initially, cards are issued by Sberbank without this option. Its appointment is made only after 1-3 months of using the card after the bank assesses the solvency of the client. Why Sberbank changed debit cards to overdraft needs to be clarified at the bank itself.

The answer to the question is obvious: the client used a card with which transactions were made for certain amounts. These amounts were enough for a preliminary assessment by the bank of the client. As a result, he was assigned an overdraft unilaterally.

If Sberbank transferred a previously received card to an overdraft, nothing fundamentally serious happens. The bank, through this service, gives the client the opportunity to pay for the necessary purchases in case of a lack of funds on the card. At the first incoming transaction, the funds will be debited to repay the amount used in the form of an overdraft.

Key features of an overdraft

The main features of this option are:

• The amount is up to 7% of incoming transactions - for example, if the holder receives wages in the amount of 1,000,000 rubles, then possible amount overdraft can reach 70,000 rubles.
• The interest rate for the use of funds is higher than for a standard loan.
• The bank charges a monthly fee for the option.
• The overdraft increases as the total amount of all transactions on the card increases.
• There are no overdraft cards - the card remains a debit card even after connecting this option.
• By using the service, the card can go into negative territory, but only when making purchases - transfers and withdrawals of overdraft funds are excluded.
• You cannot connect an overdraft on your own - this is done only by the decision of the bank.

If there is no need to use an overdraft, you can ignore it and use the card as usual. Even with significant overdraft amounts, the fee for its availability does not exceed a few rubles per month.

If the service is connected, but the holder will not use it, in which case the bank will charge a fee for it, since in fact the reserve funds credit institution are provided.

Reasons for going into negative debits of Sberbank

The main purpose of an overdraft is the ability to borrow a certain amount of funds from the bank without signing unnecessary contracts, making calls and visiting the office. When using an overdraft, all this is redundant, since the bank, at its sole discretion, entrusts the client with funds in the form of short-term debt. A minus on the card can indeed form if there were not enough funds on the card balance initially, and the user tried to make some kind of purchase.

For example, on the 15th of the month, the user must receive an advance. For several months, the advance was paid without delay, which allowed the bank to assign a certain amount of overdraft to the client. On the day of receiving the advance, the user decides to make some purchase using the card, but the fact is that the advance has not yet been transferred, so the purchase will have to be postponed indefinitely. In this case, an overdraft will be an effective tool. The user will be able to make a purchase, after which the card account will go negative by an amount equal to the amount of the purchase made.

When accruing an advance payment to the card, the purchase amount will be deducted, and the card balance will be restored. A fairly convenient option for those who have delays in wages.

Where to find out the terms of the overdraft

The overdraft amount is not specified in the user agreement. It also cannot be specified in the personal account of the Internet banking system. The availability of such a service and the amount by which the card can go negative, customers need to check only with the bank.

Some banks indicate the primary conditions in the contracts when issuing a card. But the indicators may change periodically, and by the time the information is searched, the data specified in the contract lose their relevance. Therefore, the only effective option is to contact the office of a credit institution.

To clarify the conditions, you will have to visit the bank branch in person, since such information is not provided by phone. Such a mechanism, in particular, is used with Sberbank cards, when the user needs to contact the office of a credit institution to clarify the conditions.