Make new experiences happen: Credit cards

A revolving credit card is a credit card that allows you flexible payment and repayment of expenses. You can use it to buy goods and services and to withdraw cash from ATMs. Every month you have the option of paying off costs in the amount of 3% of the total debt (minimum 20 €) or paying off the total debt – whichever suits you best. The remaining amount is transferred to the next month with the calculation of interest on the remaining debt amount. 

Paying with the RBA revolving card is easy. When buying goods or paying for services, tap or insert the card, or enter information online. After that, the amount is charged to your card. You receive a monthly spending report with all transactions and the total amount of funds used, and you have the option of choosing how to pay for it.

A credit card statement is a document that provides a detailed overview of all transactions and expenses for your credit card in one accounting period, after which a report is created showing all transactions related to the card.

Transaction date: the time each individual transaction occurred.

Place of transaction: where the transaction took place, such as a store or online store.

Transaction amount: how much money was spent or charged for each transaction.

Transaction type: whether it was a purchase of goods, services or an ATM withdrawal.

The report also contains the total amount of debt on the card, the minimum amount of debt that needs to be paid, the total amount of installment transactions that are due for payment (if any), accrued interest and any additional fees.

A credit card is a financial instrument that allows you to make purchases, pay for services and expenses, and withdraw cash from ATMs. The main feature of a credit card is that it allows you to temporarily borrow money from the card issuer, usually a bank or financial institution.

Each credit card has a certain credit limit, which is the maximum amount you can spend on the card. The credit limit depends on your creditworthiness and history. 

You can request a credit card at any RBA bank branch if you meet certain conditions. The second way is to fill out this request (link) and based on your information, you will receive a non-binding informative offer of the RBA credit card with information on the possible amount of the spending limit and a list of necessary documents to the preferred e-mail address.

By using the mojaRBA app, all information about transactions, the available limit and due dates are available to clients at any time, both for the basic card and for all cards of additional users. In addition, the monthly statement provides the client with all relevant information about monthly obligations, as well as a detailed specification of all expenses within that accounting period.

First and foremost, you should always buy at trusted outlets, try not to believe everything you read and be guided by the principle “if it sounds too good to be true, it probably is”. Second, but no less important, is to never share your information with third parties – card number, expiration date and CVV/CVC number, as well as one-time codes for payment authorization or card activation in mobile wallets. As for digital wallets, they do not store card numbers or other card data, but the so-called tokens that further secure payment and make mobile wallets a more secure payment method as long as they are used according to instructions and as long as information is not shared as stated.