BRD Romania: Very IMPORTANT Decision Taken for Customers

BRD Romania made a very important decision for its clients in the country, here is what the bank announced, and how the people who are targeted by it are affected.

BRD Romania extensions

BRD Romania took many important decisions for its clients in Romania during the Coronavirus pandemic, and this is because we are also talking about a financial institution that has millions of clients throughout the country. If the other day we talked about deferring installments for loans, now we are talking about another area where there are many clients who enjoy an important decision that the people from BRD Romania made, and which has quite a big impact in the end .

BRD Romania announced that it also offers customers who have credit cards the possibility to automatically postpone the payment term for them, but under certain conditions. According to the information that exists at the time of writing this article on the BRD Romania website, the postponement of the payment term by 30 days is done both for the payment of the installment, for credit cards with this option, as well as for the minimum mandatory amount, for statements issued between March 24 and April 23.

BRD Romania: Very IMPORTANT Decision Taken for Customers

BRD Romania also announced that it extends the grace period for credit cards by 30 days, so all purchases made with full payment, without installments, after March 24 have the extended grace period. Those from BRD Romania include these conditions to automatically extend the grace period, so if you paid in installments before March 24, you will not benefit from the free extension, even if you made it in installments after that date.

"The postponement is made both for the payment of the installment, in the case of credit cards that have this option, and for the minimum mandatory amount, for the statements issued between March 24 and April 23. Thus, all purchases made with full payment, without installments, after March 24 will benefit from zero interest during the extended grace period. The extension applies to all purchases made with the Gold and Standard cards, at merchants (physical or online stores) anywhere in the world from March 24 to May 31, 2020. You can opt for the extended installments option at the time of payment or later via - a simple SMS."

BRD Romania also specifies on its website that the number of interest-free installments is extended from 6 to 18 months for cards made with the bank's Gold and Standard credit cards. BRD Romania also specifies the fact that payments must have been made at merchants in physical or online stores, from anywhere in the world, from March 24 to May 31, so there is also a very important limitation here that customers must take into account in this period.

BRD Romania may modify these terms at any time to provide customers with these extensions and postponements, so you should constantly check their website for updated details.