Re|Bank Offers 3-Month Grace Period on Loans and Top|Card
Given the current situation related to the spread of the new coronavirus in the country, Re|Bank has decided to give a three-month grace period on loans, as well as Top|Card, to all its customers.
By March 25, employees of Re|Bank will contact customers individually to inform them about the terms of the grace period.
Grace Period on Loans
All customers of Re|Bank will be able to suspend their current loan for 3 months and resume payments after 3 months.
The grace period applies to the percentage rate as well as the principal of the loan. The amount will be distributed over the extended term of the loan.
Grace Period on Top|Card
Re|Bank offers unprecedented favorable conditions to all owners of Top|Card;
Customers are fully exempted from the recommended or minimum payment until July 1.
After July 1, the debt, as well as the extra amount collected during the grace period (until July 1), will be distributed completely interest-free for the next 6 months.
Anyone who gets a Top|Card before July 1 will be able to enjoy the grace period.
The above concession increases consumer buying power, enabling them to actually postpone payment completely interest-free, which is especially important in the current situation.