Credit Cards - Credit Card Poland - apply online (2024)

When repaying the debt on the card account resulting from cashless transactions fully and according to the schedule, you use the interest-free credit. This means that you will pay back exactly the same amount you will spend on your shopping in a settlement period. At Citi Handlowy, the interest free period is 56 days for cashless transactions. The period begins on the first day of the cycle, that is after the last statement is issued, and ends 26 days after the next statement is issued, the cut-off date is the date of repayment of the debt balance provided for in the statement.

Example: A card with the cycle falling on the 10th day of each month. The interest free period is: 30 days of the cycle (i.e. from the 11th day of the preceding month to the 10th day of the current month) + 26 days – the repayment term of the debt resulting from the statement generated on the 10th day of the current month = 56 days.

It is an optional time and it is reduced with each day closer to the cycle end date, which means that a transaction settled in the card account on the 11th day of a month will involve 56 days of the interest free period, whereas a transaction settled on the very next day will involve an interest free period shorter by one day.

When you receive a statement, you don’t have to repay the whole debt, but only the minimum amount. Minimum Amount Due – is the minimum amount indicated in the Statement which the Client is obliged to pay to the Bank at the latest on the day provided for in such Statement. The Minimum Amount Due is calculated as the equivalent of:

• amount of monthly principal and interest installments under the ‘Comfort’ Installment Payment Plan;
• amount of the interest charged for a given settlement period;
• amount of the overrun of the Credit Limit at the time of issuance of a given Statement;
• outstanding Minimum Amounts Due but not repaid in the previous periods; and
• 2% on the Outstanding Balance specified in the Statement less the components listed above;
• however not less than PLN 30.

If you repay an amount lower than the debt balance, interest will be charged from the date of every transaction to its repayment date.

Using the card every day, you can make free of charge transactions which are covered by the interest free period. These methods are:

• payments for goods and services at traditional and online shops as well as for orders placed by phone or in writing,
• contactless payments (except for cash withdrawals from EuroNet ATMs),

Credit Card transactions executed abroad are settled in 2 steps:

• STEP 1: currency conversion at the rate determined by the card organization (VISA/MasterCard).
• STEP 2: adding the fee of the Bank – 5.8% of transaction value for all Credit Cards except Citibank MasterCard World Signia Ultime/Citibank World Elite MasterCard Ultime cards, for which no fee applies.

Some service providers offer the possibility to execute transactions through DCC Dynamic Currency Conversion. The 2% DCC covers foreign transactions in the case of which instead of paying in a foreign currency the Client uses the conversion made by the service provider/store, that is DCC (Dynamic Currency Conversion).

Traditional approach:
In practice, you can use your credit card like any other payment card – on terminals at shops, both for traditional and contactless transactions

On the Internet
You can also use credit cards to pay online or remotely via electronic transactions – for the ever less common mail or phone order transactions. All the credit cards issued by Citi Handlowy support Google Pay and Apple Pay.

Physical and electronic securities
Any transaction type can be blocked or assigned a limit in order to avoid the consequences of losing a card, among other things. Each credit card is additionally protected against forgery.

Notifications of transactions
For most cards, Citi Handlowy also offers, free of charge, SMS notifications of each registered transaction so that it is possible to contact the bank immediately and explain everything and thus ensure better control and security.

A credit card offers flexibility and, to a certain extent, independence of the current account balance. Benefits of having a credit card:

• You can convert any payment above PLN 100 into convenient installments just with a few clicks. APR 8.3%.
• You can have access to hundreds, if not thousands, of discounts worldwide.
• You can take advantage of offers addressed only to cardholders, such as presales of tickets for concerts.
• You can mitigate the risk of losing your money or having it frozen by a dishonest seller using the chargeback function.
• You can enter airport lounges without additional charges (for Citibank World Elite™ MasterCard® Ultime Credit Card).
• You can increase your credibility at a car rental company, hotel or many other places around the globe.
• You can participate in loyalty programs such as Mastercard Bezcenne Chwile (Priceless Moments) or Citi Specials.

Traditionally, credit cards are embossed so that they can be used in “terminals”, so-called manual imprinters, commonly called ZipZap machines, which enable the manual copying of a card onto a special paper and settling liabilities in this way. However, this technique is slowly becoming a tidbit, especially in Europe, and a vast majority of payments are made electronically.

At present, the difference between an “embossed” and “flat” card is rather cosmetic, and one should be more concerned about whether the card supports the contactless technology or Google Pay and Apple Pay.

When repaying the debt on the card account resulting from cashless transactions fully and according to the schedule, you use the interest-free credit. This means that you will pay back exactly the same amount you will spend on your shopping in a settlement period. At Citi Handlowy, the interest free period is 56 days for cashless transactions. The period begins on the first day of the cycle, that is after the last statement is issued, and ends 26 days after the next statement is issued, the cut-off date is the date of repayment of the debt balance provided for in the statement.

Example: A card with the cycle falling on the 10th day of each month. Interest-free period means: 30 days of the cycle (i.e. from the 11th day of the preceding month to the 10th day of the current month) + 26 days – the repayment term of the debt resulting from the statement generated on the 10th day of the current month = 56 days.

It is an optional time and it is reduced with each day closer to the cycle end date, which means that a transaction settled in the card account on the 11th day of a month will involve 56 days of the interest free period, whereas a transaction settled on the very next day will involve an interest free period shorter by one day.

In order to activate a card, first you have to register in Citibank® Online Electronic Banking or Citi Mobile® mobile app. To register, you will need, among others, card number, phone number provided in the application to which we will send a one-time SMS password, and access to email, as we will send a one-time password to the email address provided in the application.

To register:

• Go to www.citibankonline.pl or download and install the Citi Mobile® application.
• Click the “Register” button and follow the instructions on the screen.
• Set a username and password – the same for Citibank Online and Citi Mobile.

To activate the card:

• Log in at www.citibankonline.pl or to the Citi Mobile® application.
• Select “Credit Cards” and then click the “Activate the Card” button.
• Select the card you would like to activate.
• Enter the card valid through date.
• Set a PIN code.

That’s it – your card is active. Place your signature on the reverse side and take advantage of all its benefits.