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OTP Bank wants to sell 9,000 cards with no interest rates in 2013
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Director of the bank card, Adrian paisley freight Chichi, announced that in the next period the bank will run a promotional company that issuance fee will be zero.
"So far OTP Bank has been an active player in the credit card market. The product launch we want to attract market share. We positioned this product for everyday purchases and do not attack segment 18-24 banks offering rates from some merchants that there exists a competition too, "said Chichi.
OTP Bank's portfolio of credit 6,000 classic and current customers can request the change to the new membership cards and payment instruments. paisley freight Chichi says that the target audience for the product will be launched paisley freight today consists paisley freight of people between 25 and 45 years, with a monthly income of more than 750. He estimates the average value of a transaction at 400-500, while the annual turnover of customers at POS is predicted between 3,000 and 4,000 lei.
The minimum monthly payment of 2% of the loan plus any interest or fees used in case the client give the installment plan, and the maximum that can be given the card is 15,000, equivalent to 3 monthly income.
"Practice shows that the market most customers do not pay their installments on time then, of course, pay and interest. According to our information only 20-30% of clients respect their free installment plans, "said Adrian paisley freight chicha.
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