Converse Bank launched a campaign that offers customers to make “Summer” deposit at the bank before September 1 with special conditions.

The bank informed that the deposit minimum amount is set at AMD 100 000, with maturity of 12 months, as well as annual nominal interest rate of 10% and 10.5% in case of making it via Internet Banking system. The interest amount for the whole maturity period of the deposit is paid at the time of making the deposit.

Within the framework of the campaign, the service of individual deposit boxes in “Kilikia” and “Nor Norq” branches of Converse Bank will be provided at 50% discount from the standard tariff.

The campaign participants will also be able to get a credit card for an amount up to three-fold of the deposit amount  (but no more than AMD 1,5m).

The credit limit will be provided with the annual interest rate of 0%, with maximum maturity of 15 months, of which 3 months are the grace period, meaning that loan repayment will begin from the fourth month of lending.

Customers can use the credit card within two months from the moment it’s issued while purchasing at the bank’s partner companies, exclusively within the framework of ConverseQvota campaign.

“This is another advantageous offer of Converse Bank, which will enable the depositors to get income from their savings and, using lending services in parallel, to spend their summer vacation in the best conditions,“ the bank noted.