Revolut has started issuing credit cards in Poland and granting consumer loans. The new services can be used by selected customers who were invited to the pilot project and who previously converted their payment accounts to accounts at Revolut Bank, according to cashless.pl.
In the press release, the company said that you can apply for a card and a loan via the Revolut application. For both products, the debt limit may not exceed PLN 20,000. PLN. In the case of a loan, fintech proposes a maximum repayment period of 60 months.
The credit card, however, has a 62-day interest-free period. The loan interest rate is not the same for all customers. It is to be calculated for each client individually, so for now it is difficult to say more about the attractiveness of the Revolut offer.
It is worth recalling that in order to start using loan products, Revolut Bank customers must download the latest version of the application. If included in the pilot program, they will be able to apply for a card or credit through the app. If not, they can register their interest in the service by clicking on the banner. They will receive a notification when new products are available to them.
„Tendinţele pe care le-am remarcat înainte de începerea pandemiei s-au accelerat pe perioada stării de urgenţă. Am văzut acest lucru ca o oportunitate, un tipping point pentru bancă. Post-pandemie nu avem cum sa ne întoarcem la comportamentul financiar pe care îl aveam până în februarie a.c. Relaţia românilor cu online-ul s-a schimbat. In plus, cardul fizic se va dematerializa. Vom asista la o scădere a cererii pentru cardurile fizice, respectiv la o creştere a preferinţei pentru componenta digitală a acestora.”