One of the most convenient and frequently chosen systems is Visa. However, there are different types of cards from this payment system, and bank clients often have a question: what is the difference between Visa Classic and Visa Electron. In order not to waste time thinking while at the bank and not to torment employees, let’s figure out what the main differences between these two cards are.
It is impossible to say unequivocally that one type of card is not better than another, since everything depends on the needs of the user, the operations that he plans to perform using the card, as well as the amount of funds that he wants to withdraw and is willing to pay for servicing the plastic card.
The main differences between Visa Classic and Visa Electron cards
Visa Electron is a standard entry-level card with a minimum set of available functions. Its main advantage is lower maintenance costs. Externally it is distinguished by the absence of any convex elements of the card (made by embossing). The disadvantages are the limits, the inability to pay with such a card abroad (in fact, it is valid only in the country where it was issued) and the fact that monetary transactions cannot be carried out at every terminal. Since these are cards of the most basic type, which are issued even to users with an imperfect credit history, the bank exercises total control over the use of funds.
On these cards you can find the inscription “Electronic use only”, which means that it can only be used in places where online authorization is possible, such as, for example, when swiping a card through a terminal, when the bank immediately responds whether the operation is approved or rejected.
Visa Classic is also a standard card, but has wider functionality. With its help, you can easily pay not only abroad, but also online - make purchases in online stores, book hotels, tickets, etc. Externally, it is distinguished by the presence of a raised number (that is, the indent printing method is used in production), as well as a three-digit CVV code on the back (used when paying online).
The main advantages of Visa Classic cards:
- Visa Electron cards are usually issued as salary or pension cards. It cannot be credit, only debit, that is, it allows you to spend only the funds deposited by the holder into your account.
- As for the CVV code, sometimes it is also found on Electron cards, then with their help you can make payments on the Internet. The availability of the code depends on the bank that issued the card.
- If compared with other payment systems, Electron will be equivalent to Maestro, while Classic is closest in functionality to Mastercard cards.
Both types of payment cards allow you to withdraw cash from ATMs of the country where the cards were issued. Owners of Visa Electron, however, are deprived of the opportunity to withdraw cash at foreign terminals. The exception is ATMs of the issuing bank. The number of payment terminals working with Visa Classic is also much larger than devices that accept Visa Electron.
The classic Visa card is considered more prestigious, however, some banks do not issue cards of this type to everyone, although they impose even more conditions on those wishing to open a Gold or Platinum Visa card. In addition, Visa Classic can be a credit card, which allows the user to borrow money from the bank.
The difference between one card and another is also that a card of the second type is often not opened unless there is about $200 in the account. However, not all banks impose such restrictions.
The Electron card will be quite sufficient for those who only want to withdraw money from an ATM, pay with the card in stores, etc., while the classic card allows you to make purchases on the Internet, book hotel rooms and rent cars. This is the best option for those who love to travel. If you use cards exclusively on the territory of Russia, then there is no fundamental difference between them, especially if Electron has a CVV code on the back.
The world is rapidly switching to cashless payments for any purchases. For this purpose, Sberbank issues bank cards, one of which is a system. The conditions are quite tempting, and the opportunities available are wide. Its price is very reasonable.
In this article:
Terms of Use
Become a card owner VISA Electron perhaps at the time of re-release of the “old” plastic. Sberbank managers offer a card with updated conditions, instead of the previous one.
No commission
If you pay for purchases with a VISA Electron card in cashless mode, then no commission is charged. Thus, paying for goods and services via the Internet, receiving cash within the limits of the rules for using plastic, and depositing money into a card account do not have any commissions.
Restrictions
The main restrictions in servicing and obtaining VISA plastic cards relate to the model Momentum. This option is instant delivery on the day of request. But it is impossible to reissue such a card if lost. And also You can receive cash from plastic cards only at Sber ATMs and its cash desks.
If the card has expired or is lost, then it is issued from its balance as usual; there is no urgent option for receiving money.
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Limits
Like most Sberbank cards, VISA Electron has established limits for some transactions. So:
- limit amount of cash withdrawal from card for a month period - 500 thousand rubles, and for momentum - 100 thousand rubles;
- largest cash withdrawal amount for 1 day - 50 thousand rubles.;
- maximum deposit amount for plastic per day - 10 million rubles.
For VISA Momentum there is also a payment limit - 100 thousand rubles. The amounts are indicated in rubles; if transactions are carried out in foreign currency, then the limits relate to equivalent amounts, for example, the cash withdrawal limit for 30 days is: 100 thousand rubles/$1 500 /1,300 euros.
Expert opinion
Natalya Ponomareva
Senior credit inspector at a TOP-50 bank, 11 years of experience in the banking industry
Ask a question to an expertRestrictions also apply to non-cash payments. If you violate the established rules, the bank will charge fine from 0.5% - 0.75% of the amount of violations. Withdrawals from bank branches and ATMs outside the Sberbank network are subject to a commission in the amount of 1% of the amount or minimal retention in 150 rubles/$2.3/2 euros.
Additional features
In addition to simply storing money, owning the plastic in question implies certain opportunities.
Types of plastic by purpose
Additional plastic. It is issued upon request and in the name of a client who has a single account with another client of the bank. This type of media is called additional. Most often it is issued for children at the request of a parent or guardian.
Salary card. It is offered to employees of companies that have entered into a contract with Sberbank for appropriate services. The service is also good because salaries can be received in the currency chosen by the company employee.
Instant transfers
Plastic with the VISA Electron system has an additional functional account when registering with Sberbank Online. The interface displays the account corresponding to the card. It is possible to make transfers from it, both between your accounts and other bank clients, and to account numbers of other banking institutions.
Login to the system is standard - using a login and password. In the menu by tab “Transfer” payments are made with instant crediting.
Using currency
A distinctive feature of VISA is multi-currency payment system. Thus, the same card can be used to pay checks in different countries of the world. But before leaving, it is recommended to notify the bank about the planned trip and the use of plastic abroad.
Self service
It is also possible to deposit funds onto a card and carry out instant transactions at self-service terminals - Sberbank ATMs. By inserting the plastic card and entering the PIN code, you can deposit cash, make a transfer or take a statement. Money is credited to your account immediately.
Cashback
The owner’s ability to use plastics will increase after activating the program « » . This loyalty program awards a certain number of points to the account linked to the card. With such bonuses it is possible to pay for goods and services instead of electronic money. Points are awarded after paying for orders from partner companies of the bank.
Issue and Receipt Rules
Sberbank has established simple and democratic conditions for receiving. The client must have a debit account with Sberbank. It can be opened by filling out an application online or at a bank office. The account is opened using the applicant's passport. They receive plastic using the same document.
The main card is issued for Russian citizens aged over 14 years old. Children under the age of from 10 years.
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Manufacturing the product takes up to 7 working days. After the expiration date, you must go to the specified office.
For minors
To obtain an e-card by a minor, written permission from a parent or official guardian is required.
With another citizenship
Where the client is registered does not matter. VISA Electron is issued both for non-residents of the Russian Federation and for resident persons, but without official registration. A citizen of another country must obtain permission from the head of the Sberbank branch.
According to the salary project
When plastic is requested under a salary service agreement, you must receive the card on the premises of the company where the employment is registered.
Tariffs
The official website of Sberbank indicates the cost of issuing an initial VISA Electron card is 300 RUR. After it is in use 3 years, it is expected to be replaced free of charge.
The tariff schedule and limits for specific types of transactions are presented in the table:
Many people wonder what the cost is for servicing VISA Electron from Sberbank. It consists of several components.
It is impossible to say unequivocally which card is better, because it depends mainly on the purposes of its use. Where is the bank client going to make payments - on the Internet, in the nearest supermarket or abroad? How much money is a consumer willing to pay for annual plastic maintenance? The choice of a suitable Visa payment system card depends on these and other questions.
Features of cards
Visa Electron is an entry-level card, which is confirmed by the bank’s total control over the expenditure of funds from the client’s account. Cards of this type are usually issued to consumers who have a negative credit history (but not to persistent defaulters), or who have no experience working with cards at all.
The card is designed for certain categories of the population, these include youth, students, children (with the permission of legal representatives), pensioners, as well as persons with a limited or unstable source of income.
Despite such restrictions on potential customers, a plastic card can be either a credit or a debit card.
The main operations that can be performed using a Visa Electron card include:
- Cash withdrawal, including abroad, exclusively at the issuer’s ATMs.
- Payment for services and goods at retail outlets.
- Payment for goods online, but only with the consent of the issuing bank.
With this card you can:
- Pay at all trade organizations where Visa terminals are present.
- Cash out at any ATM of the payment system, including abroad.
- Pay for purchases in online stores.
- Use to pay for a hotel room reservation or rent a vehicle abroad.
From the main permissible operations it is clear that the better of the two cards is Visa Classic, which is more suitable for travel, but this is where its distinctive characteristics, regulated by the developers, are limited.
Cards using the example of offers from Sberbank
Electronic Visa cards are issued at Sberbank only as debit cards, with an annual service cost of 300 rubles. per year.
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Visa Electron can be obtained by persons over 14 years of age, and an additional card can be issued for a child over 7 years of age (with the consent of the legal representative).
Annual service for Visa Classic will cost the client 600 thousand rubles. - credit and 750 - debit.
The difference between cards is expressed not only in the cost of service, but also in the bank’s requirements in relation to potential clients . Residents/non-residents of the Russian Federation with temporary/permanent registration and over 14 years of age can receive an electronic card. In turn, to obtain a Visa Classic card, you must be a citizen of the Russian Federation, at least 14 years of age for debit cards and 21 years for credit cards, with permanent registration.
Another difference is observed in the cash withdrawal limit. . For a Visa Classic card it is 1.5 million rubles. per month, and for a Visa Electron card - 500 thousand rubles. No commission is charged for cash withdrawals through Sberbank ATMs only if Classic cards are used. To carry out this operation free of charge using an Electron card, you must use the ATM of the bank where the account was opened.
Owners of classic Visa cards can count on emergency withdrawal of funds outside the Russian Federation, while electronic cards do not have such a function.
Thus, there are no fundamental differences between these card products, especially when it comes to their use in the Russian Federation. For trips to another country, it is still better to issue classic cards.
To obtain maximum convenience and save time, plastic cards are used, which significantly reduces the cost of online purchases and provides all sorts of privileges in the form of promotions and discounts in most modern stores.
Sberbank offers to use its card from the Visa Electron payment system. This is not only ease of use and prestige, but also maximum benefit.
Suggested types
The Visa Electron card from Sberbank is intended for transactions in Russian rubles, however, funds can be withdrawn in any currency at the rate offered by the Central Bank. Its number, consisting of sixteen digits, is indicated on the front side. On the reverse side, the plastic card is equipped with a magnetic stripe, which allows the necessary data to be read by technical devices when performing financial transactions. Electron cards are the most popular for entry-level use. They are divided into debit and credit. A bank card, both credit and debit, has a basic set of features, with the exception of those that may not be useful to users.
Credit card Momentum Visa of Sberbank
For example, the bank card in question is difficult to use outside our country, since all transactions are coordinated with a financial institution online. If the ATM does not have such a function, the operation will not be possible. It is worth noting separately that Electron is the best option for paying salaries, student scholarships or pension accruals. Ease of use and fast turnaround times are positively noted by many Sberbank clients.
Credit card
Visa Electron from Sberbank has a credit limit of up to 150,000 rubles. When using, it is recommended to manage funds non-cash.
The grace period is 50 days without interest. When withdrawing cash, this period is canceled, so the organization advises paying for purchases and services directly remotely.
The commission for issuing from ATMs is about 3%, and the amount must be at least 200 rubles. Credit cards are accepted in any service systems where the Visa symbol is indicated, but it is worth considering that Sberbank ATMs are more loyal in terms of commission.
An excellent option for paying online: shops, hotel and ticket bookings, fines and much more. Expanded opportunities and promotions provided by the bank and the payment system itself are expected. In the event that the grace period has expired and the loan has not been repaid, a fine of 19% per annum is charged on the balance. If full repayment is not possible, you can make a minimum monthly payment. The bank notifies the client of the need to deposit funds into the account via SMS 15–20 days before the due date. The minimum amount can be clarified in your personal account or can be found in the agreement concluded with Sberbank.
Sberbank Visa credit card
If funds are deposited in a larger amount than required, then the user can spend them at his own discretion over the next month, that is, the money will remain in the account. With a Visa credit card, it is not possible to transfer borrowed money to any other account, even if it belongs to the same user. This provides for the preservation of the grace period. In cases where there are no debts, the card functions as a Classic type from Sberbank, that is, it can be used outside of Russia. The validity period is 3 calendar years, after which it is necessary to renew the contract and obtain a new option.
Debit card
This type of Electron card provides a whole range of services at a low cost. These include non-cash payments plus transfers, remote control within 24 hours. Annual fee – 300 rubles.
The Visa system regularly provides the opportunity to participate in promotions and savings programs. It is possible to issue additional cards, including children's cards (7+).
Receiving cash is the same both in Russia and foreign countries. It is assumed that rubles, American dollars and euros will be used.
The client can manage through the “Online” service and mobile banking. The younger generation will appreciate the functionality of the Sberbank application for mobile devices. All financial transactions are protected by Verified technology - a guarantee of reliability from Visa. The card is linked to the most popular electronic wallets: Qiwi Wallet, Yandex and the like. Replenishment is carried out in two main ways - cash and by transfer. The “Thank You” program is active with the possibility of accumulating bonus points. It is worth remembering that all payment details must be kept strictly confidential and the data must not be disclosed on any Internet resources.
Key Benefits
To control the status of your personal account on Visa Electron, you can easily connect a mobile bank. This will allow you to make any payments with only access to your phone, as well as block funds in case of emergency situations (loss, theft, fraud). The service of tracking account activity using your personal account on the organization’s official website is also indispensable.
Sberbank Visa digital credit card
The full package of services can be activated at the nearest Sberbank branch if you have a passport. This will save time on subsequent trips to the institution when questions arise or operations are performed.
A limited package is available for activation in terminals.
The innovative Verified by Visa protection system is also positive, this is especially true for active network users. To perform actions on sites, you must obtain a receipt with ten passwords (issued at the branch).
Another option is an SMS with a password for one time, provided that Mobile Banking is connected. Such a system is reliable protection, however, one-time codes must be stored carefully and with a great deal of responsibility. The credit option is extremely easy to use and has some limitations compared to the classic “plastic” options. This is due to the fact that the bank issues it to persons with a limited credit history or even zero history.
The Electron card can be obtained by clients with a minimum income, as well as citizens for whom the card is being issued for the first time. The disadvantages of Visa Electron include:
- Some restrictions in the territorial location - it is difficult to conduct operations abroad.
- No initials embossed on the front, which limits payment in some service areas.
- Approval of all actions online.
- All services for informing about limits and tariffs are paid.
- If lost, a reissue will cost the user about $2.
As you can see, Electron, regardless of type, has significantly more advantages than disadvantages. This explains the popularity of the plastic card among different segments of the population.
Conditions for receiving
A Visa Electron credit card can be obtained by a client with an individual offer from Sberbank who has an account with the organization, salary or pension card. The age range is from 21 to 65 years inclusive. Plus, the potential client must have citizenship of the Russian Federation and permanent residence in the region where the application is being submitted. If there are no loans from this institution, income certificates are required, in most cases 2-NDFL. The required document is a personal passport and a foreign passport, the latter must contain data on flights carried out six months before the date of registration.
Sberbank League of Legends credit card
The bank has the right to request all other documents on an individual basis. If ultimately everything is in order, the manager will contact you by phone number indicated in the application. All data on the credit limit and interest rate are agreed upon with the branch employee during a personal interview. The loan is issued within one week. To apply for a Visa Electron debit product, you need to contact the regional office; if the client wants to receive an option with exclusive design, then the application is submitted through the official website. The only documents you will need are a passport with Russian citizenship.
A form with personal data is filled out, signed and handed over to the employee. The application will be reviewed within two working days, after which the manager will notify you of the decision. Card issuance takes approximately 14 days. The requirements for issuing “Electron” include:
- Residence of the Russian Federation/non-residence (parameters are discussed additionally).
- Age – from 14 years.
- Registration in the territory of the country in which actions will be carried out using the card, temporary or permanent.
The Electron card from Sberbank is also a salary card.
It is very convenient for this type of payment. You can apply for it at any working time. Requirements: reaching the age of majority, proof of identity. Issuance is free, the cost of service per year is 150 rubles. The positive thing is that the balance is accrued every quarter, equal to one percent per year. The size is small, but with a decent balance, the amount of savings will be quite satisfactory.
The Visa Electron card is the best option for beginners in non-cash payment transactions. With rather moderate functionality, compared to other representatives of Sberbank cards, Electron has the maximum required package of services for the user. The ability to pay around the clock, the low cost of annual service, the availability of various bonuses and discounts from the world's leading payment systems, as well as a high level of protection make using this card convenient and reliable.
At Sberbank of Russia you can get a card with completely different characteristics and capabilities; each client can find an offer just for themselves. Today we invite you to learn about the features of the Visa Electron debit card - what it is, what its conditions of registration and service are.
General Product Description
The Visa Electron card is a plastic debit card that is very popular among citizens of the Russian Federation. It is valid for 3 years, it is possible to issue additional cards for it, including for children over 7 years old.
It is convenient, first of all, because the cost of its annual maintenance is minimal - only 300 rubles per year, and for this money the owner gets access to the bank’s services and its package of numerous services. If you produce additional “plastic”, then you only need to pay 150 rubles for it.
You will have access to all the most popular services of the company, along with Classic, Gold cards, etc. An example could be:
- Sberbank Online system;
- “Mobile Bank” service;
- bonus program " ".
With its help, you can also pay for purchases by bank transfer at trade and service enterprises, pay for housing and communal services, top up your mobile and Internet communications account, etc. This product is registered, is valid for 3 years and is protected by a special chip, and on the reverse side it has a security code.
This product can also be used as a salary card, which is very convenient for its owner - in Russia it is serviced in all terminals and ATMs; abroad it will be serviced only if the ATMs have the ability to coordinate transactions with the bank online.
In addition, it will not be possible to make a payment with Electron in all electronic stores. Therefore, if you need it specifically for traveling abroad or paying for services and goods in online stores, check with a consultant about all the nuances of using “plastic”.
Is it possible to get such a card now?
From 03/01/2016, the primary issue of main and additional cards under this program was stopped. Re-issuance of previously issued cards continues under the same conditions, without changing tariffs.
In other words, if you already have a similar product, then at the end of its validity period it can be automatically reissued in the same form, but if you just want to register it as a new client, then this, alas, is impossible. To find the right new debit card option for you, check out this article.
Are there similar programs at Sberbank? You won’t find exactly the same “plastic”, but if you need to get a card with inexpensive service for yourself, then we can recommend you the following options:
- Youth - this card can only be issued by a citizen of the Russian Federation under the age of 25, after which it can be reissued without restrictions. The fee will be only 150 rubles annually + SMS notifications at your request,
- Instant - allows you to receive a work card within 10 minutes after contacting the office. You can use it to receive salaries, transfers, make non-cash and online payments, including in foreign stores. Has no service fee. The downside is that the plastic is not personalized, and also does not always work abroad,
- Digital is a new offer that appeared in Sberbank only in 2019. If you are an existing client of the company, you can issue a card for yourself in the Sberbank Online service exclusively for making purchases on the Internet. One of the advantages is that it is free, you can pay with it in any store presented on the Internet.
Thus, you cannot apply for a new Visa Electron card, but if you already have such an expired card, the bank branch will easily reissue it for another 3 years at the previously valid rates.