Why can't you withdraw money from a Sberbank credit card? Please note: debiting from a credit card is prohibited - what does this mean? If you have not withdrawn money from a credit card
5 minutes to read. Views 10 Published 07/21/2018
According to statistics, more than 75% of Russians are already active users of financial services offered by banking institutions. And the vast majority of them are clients of the largest bank in Russia, Sberbank. Russians willingly become loan holders, issue debit and credit cards, take out mortgages, and car loans. But credit plastic is in greatest demand.
Unlike a regular loan, a credit card is much easier and faster to apply for. Plus, the owner of a plastic card can take part in a bonus program, accumulating bonuses, which can then be used when paying for goods or services. But owning such a product also requires a set of certain knowledge, otherwise questions may arise, such as, for example, why debiting from a Sberbank credit card is prohibited and what to do if there is money on a credit card, but it becomes impossible to pay with it?
A ban on debiting funds from a credit card can occur for various reasons.Features of using a credit card
For many, a credit card has become simply an indispensable tool in everyday life.. It helps consumers make various payment transactions. Including:
- buy the necessary goods, pay for services;
- pay regular utility bills;
- transfer the necessary amounts to relatives.
Using a credit card is extremely convenient - plastic is now accepted almost everywhere and not only in stores, but also in restaurants, travel agencies, pharmacies and hairdressers .
Credit cards are becoming an increasingly common product
Sberbank regularly improves its offerings, offering its clients new, more convenient ways to use banking products. According to consumers, the most successful innovations are such methods of serving consumers as:
- An extensive network of terminals through which you can freely and quickly withdraw money.
- Remote service “Sberbank-Online”, which allows you to carry out all the necessary operations to manage your accounts and cards without leaving your home.
- "Mobile Bank". This service connects to a smartphone and allows you to carry out various financial transactions using SMS messages to number 900.
But sometimes unpleasant situations arise when a regular transaction from a credit card becomes impossible, and the message appears on the terminal: “Please note, debiting from a credit card is prohibited.” Why is this happening and what to do?
Under what conditions does write-off become impossible?
The vast majority of bank clients choose credit cards with a set cash limit. A credit card comes to the rescue when you don’t have enough money to buy what you need.. But sometimes the credit card refuses to give the money. And this can happen for several reasons.
Card blocked
The credit card will not issue funds if it is blocked. And the culprit in this situation can be both the owner of the plastic and the bank itself. In particular:
- the client himself blocks the card if it is lost, and then, finding it among his things, tries to withdraw money;
- in the event that dubious monetary transactions are carried out on the card, which raise questions among Sberbank security employees, it may be frozen.
If a credit card is blocked, you can return it to working condition only after visiting Sberbank and filling out the appropriate application.
When a block is made, Sberbank notifies the client about this
Credit card seizure
A credit card, or rather its monetary contents, may be subject to seizure. This sad situation happens when there are large debts that the cardholder cannot or does not want to repay. For example:
- non-payment of alimony;
- large debt to housing and communal services;
- too many fines have accumulated;
- large penalties on bank loans.
In this case, the credit card will be safely unblocked as soon as the debt to various authorities is repaid. Moreover, it is worth considering that all due interest will be calculated. So don’t forget to make regular payments on your loan.
Expired
Please note that each plastic card contains information on its validity period. If you do not contact Sberbank in time with a request to renew your plastic card, it will be blocked after the expiration date.
The card may be blocked due to its expiration date
Insufficient funds
It often happens that the owner of a credit card, carried away by shopping, completely forgets about the limit and tries to spend money that has already run out on plastic. And, of course, in this situation payment will become impossible.
Cashing out funds
It is possible to withdraw cash from a credit card. But you should know that in this case the profitable Grace period (the time during which the borrower can use the credit card without accruing interest) will also disappear. Plus, you will have to pay commissions.
When withdrawing funds from a credit card, Sberbank charges a separate commission fee. It is equal to 3% of the total amount withdrawn.
Moreover, if the amount of money for the transfer, taking into account the commission, turns out to be insufficient, such an operation will also become impossible. Withdrawing cash from credit cards is obviously a very unprofitable operation, so experts recommend using credit cards only when paying by bank transfer.
conclusions
If suddenly it turns out that it is impossible to make any payments using a credit card, and the borrower does not understand the reason, it is worth contacting Sberbank specialists for clarification. This can be done by calling the 24-hour call center hotline (number 8-800-555-55-50, free call). Or go to the Sberbank office in person and find out the current situation.
Credit cards are becoming increasingly popular among Russians. They have long become an alternative to conventional loans. But the profitability of use will depend on a number of factors. Many credit cards should not be used to cash out funds due to the presence of additional fees and other negative charges. That is why many Sberbank clients are interested in whether it is possible to withdraw money from a Sberbank credit card without a commission? This will be discussed in the article.
Why don't banks like cashing out from credit cards?
Initially, credit cards were developed as an alternative to regular consumer loans. But then it was understood that the person would use the card directly for purchases. However, today many users have moved away from this principle and prefer to borrow cash this way.
Banks do not like this trend. That is why they come up with various conditions that would make cashing out unprofitable. Most often we are talking about the following tricks:
- increasing the interest rate on the amount of funds cashed out from a credit card;
- the presence of an additional commission for withdrawing money;
- the end of the grace period immediately after withdrawing funds from the card.
In this article we will look at whether it is even possible to withdraw money from a Sberbank credit card without commission.
Withdrawing cash from Sberbank credit cards: conditions and fees
Sberbank, when issuing credit cards, also does not assume that they will be used to cash out funds. That is why financial institutions set not only daily limits on such transactions, but also commission fees.
Regardless of the type of plastic credit card, the owner pays the same cash withdrawal fee as all other Sberbank clients.
However, the amount of the commission will not be affected by the amount. But it should be noted that there is a minimum commission amount of 390 rubles. This means that it will be completely unprofitable for the client to cash out a very small amount.
In addition, there is a difference in commission depending on which ATM the client uses:
- Sberbank ATMs will charge 3% as a transaction fee;
- ATMs of other banks charge 4% of the transaction in the form of commissions.
It turns out that using other people's ATMs will be even less profitable. Although the conditions at Sberbank are not the most pleasant.
Daily limits on cash withdrawals from Sberbank credit cards
Cash withdrawal fees are not the only disadvantage of most credit cards. In addition to this, the interest-free period on them ceases immediately after withdrawal of cash. Therefore, before withdrawing money, you should carefully study the terms of the contract - make sure that there is no clause in it about such a termination of the grace period.
In addition to the presence of a commission, there is also the concept of daily limits. This is quite logical, because even ordinary cards have similar restrictions. For regular credit cards, the daily limits are as follows:
- 50,000 rubles in case of cash withdrawal through an ATM;
- 150,000 rubles when receiving cash at the bank's cash desk.
Only premium card holders are entitled to withdraw more. But we will talk about these benefits later.
Benefits for holders of Sberbank gold credit cards
Some clients prefer to apply for a Sberbank gold credit card and enjoy additional privileges. It must be said right away that the withdrawal fee for this plastic card is the same - 3 and 4%, respectively, when withdrawing cash through your own and other people's ATMs.
But the daily limits for such credit cards are higher. So, in a day you can withdraw:
- 100,000 rubles at an ATM;
- 300,000 rubles through the Sberbank cash desk.
One more advantage should be noted: owners of gold credit cards can use the emergency cash withdrawal service while abroad. In this case, the limit can reach $5,000.
How can you reduce the commission?
The commission for all types of Sberbank credit cards is the same. But does this mean that it cannot be reduced in any way? No, there are several options that will allow the client:
- maintain the grace period;
- reduce the cash withdrawal commission from 3 to 1.75% of the transaction amount.
In this case, we are talking about using electronic wallets for cashing out. The client can register in the WebMoney, Qiwi or Yandex Money system. Afterwards, all that remains is to transfer the money to the desired electronic wallet, and then withdraw it. But we must not forget that each system has its own restrictions, limits and commissions.
How to avoid additional costs when using a credit card?
Cash lovers should think about whether they really need paper bills? After all, this format of using funds from credit cards is considered the most unprofitable. Wouldn't it be better to find an alternative, avoiding the commission and maintaining the grace period?
Today, very few retail outlets do not use POS terminals to pay for goods. Trade acquiring has long become something commonplace. Even beginning individual entrepreneurs use it.
There is one more trick here. For example, a person can buy an item using credit funds and then return the money. In this case, you can return them in cash or to your debit card. But it is worth remembering some of the risks of such a scheme:
- in some cases it will not be possible to return the product (for example, if the store does not want to accept the purchased product);
- the store can refund the money to the card from which the payment was made;
- Returning goods may take quite a long time.
There is another option - to pay for goods or make other payments in favor of other people, and they, in turn, will give cash. But here it is important to find a person who is 100% likely to give the required amount to the credit card owner.
Conclusion
In short, there are not many options to bypass the restrictions, but if desired, a Sberbank client will be able to receive cash without paying a commission and without ending the grace period.
I’ll try to list the reasons I know why you can’t withdraw money from a credit card at an ATM:
1. The amount on the card is lower than requested. Most likely, this problem is caused either by the fact that you have already made a purchase and forgot to subtract its cost from the money you plan to withdraw or did not take into account the amount of the commission that is charged for withdrawing cash from an ATM.
In the article “” you can see the table of commissions of all popular banks.
2. You are trying to withdraw an amount exceeding the maximum limit. Most ATMs limit the withdrawal amount to 5-10 thousand rubles. To avoid paying a commission for every 5 thousand, withdraw money through the bank’s cash desk in the entire amount. Or, as an option, you can transfer money from a credit card to a debit card, and withdraw as much as you like without commission.
3. The daily withdrawal limit has been exceeded. For security purposes, banks set restrictions, allowing you to withdraw money from a credit card no more than a certain daily limit. For example, RosselkhozBank does not allow you to withdraw more than 10 thousand rubles, Russian Standard is limited to 100,000, but Vozrozhdenie allows you to withdraw up to 600,000 per day. Carefully study the tariff form to see if you can withdraw cash from your credit card within the requested amount.
4. The card is not activated. It is not enough to simply issue a card; it must be activated using the Bank’s hotline number. If you have already gone through this procedure, try to wait about an hour until the system registers your request and “allows” you to withdraw cash from your credit card.
5. . If you have owned the card for a long time, it may have already expired. On the front side there is information until what month/year you can use it.
6. The magnetic stripe or chip is damaged. In this case, the ATM notifies you of a problem with the device. Replace the card at a bank branch, where you will be given cash through the cash desk due to the card being unusable.
Advice: make it a rule to present your card for payments exclusively in your hand or a special coin box, since there are magnetic boards at the checkout counters of stores to remove anti-theft protection from goods; they can demagnetize your card.
7. You used an ATM that does not read your card type. See if the ATM has a sticker with the logos of payment systems (Visa, Maestro/MasterCard) and compare it with the icon on your card.
8. The PIN code entered is incorrect. Although, if this is the reason, the ATM itself will notify you of this error.
9. The bank has blocked the current account. There could be a lot of options why he did this:
- You have repeatedly failed to pay on time;
- The contract for servicing the current account has expired;
- The security service suspected attempts to commit fraud with the card;
- The card appears in a criminal case;
- The bank has detected a discrepancy in personal data;
- You have overdue card debt for more than 3 months;
- There is also an error.
10. The card is not yours. It's corny, but it happens. I myself often grab my spouse’s card instead of mine, and while I’m trying to withdraw cash from the credit card, I wonder for a long time why the ATM doesn’t like the entered PIN code. By the way, did you enter the wrong password three times?
Sberbank offers its clients a wide range of credit products, among which credit cards occupy a special place. There are several varieties, but they all involve the use of borrowed funds for non-cash payments.
Withdrawing cash from a Sberbank credit card is possible, but under certain conditions. Let's consider what card options and conditions for cashing out funds are available to customers.
How to use credit card funds
Credit cards are intended for non-cash payments in stores and organizations for goods and services, and for paying for purchases on Internet services. Sberbank credit cards can be different:
- Classic cards.
- Gold cards.
- Premium cards.
- Co-branded (released jointly with Aeroflot).
Important! All types of cards differ in terms of service, interest rate and credit limit.
The credit card has an interest-free period of 50 days. During this period, you can return funds spent non-cash without paying interest on the loan. After the end of the period, interest is charged on the remaining debt.
If there is a debt, the bank will issue a monthly invoice with the minimum amount due. The client is obliged to deposit money in an amount not lower than the specified amount before the due date. But credit card owners have the opportunity to withdraw cash from it and spend it at their discretion. There are rules and conditions for this. Before you carry out a withdrawal operation, you should familiarize yourself with them.
Conditions for withdrawing cash from a credit card
Although a credit card is not intended for obtaining cash borrowed from a bank, the rules for using a credit card do not prohibit cash withdrawal. But this operation is subject to certain commissions and limits.
For each card, a commission is provided in the amount of 3% of the amount withdrawn through self-service devices or Sberbank cash desks and 4% of the amount to be issued when withdrawn from ATMs of other financial organizations (this organization’s commission for issuing funds from a card of a third-party bank may be added here). Any Sberbank commission is charged at least 390 rubles.
In addition, there are restrictions on the amount of cash you can withdraw from a credit card. This is a different amount for different types of cards. For example:
- For a card when withdrawing funds through an ATM it will be 50 thousand rubles, through a bank cash desk - 150 thousand rubles.
- The maximum amount to be issued for cards will be 300 thousand rubles.
Important! When withdrawing cash from a credit card, the amount withdrawn is not subject to a grace period. That is, interest on the debt is accrued from the first day. Moreover, an amount is charged for the very fact of withdrawing money (no matter what amount). It is 350 rubles.
How to withdraw cash from a credit card
The procedure for withdrawing funds from a credit card is not complicated at all. To do this, you can use any Sberbank self-service device:
- Insert the card into the receiving mechanism and enter the PIN in the field.
- In the menu offered on the screen, select “Withdraw cash”.
- The system will display possible amount options. If a different amount is required, you need to select the “Other amount” button.
- Enter your amount using the keyboard.
- If the card balance is sufficient to complete the issuance operation and pay the commission, the terminal will issue money and write off the amount and commission from the account.
- Next, you need to print out the receipt and pick up the card.
To withdraw money from a credit card, you can use the cash desk at a bank branch during a personal visit of the card holder with a passport.