Make Friends with Useful Bank
We will offer improved terms to our consumers:
High interest rates will be accrued to your account, guaranteed 8.00% in GEL and 5.00% in USD. You will be able to withdraw your money from Basisbank ATMs and service centers at any time free of charge. Transfer of money to Megobarati, as well as its withdrawal is unlimited.
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One More Novelty!
You will be able to order Megobarati only with a debit function.
Credit Details of Megobarati
"Megobarati" is completely different from any other loan product.
You can borrow the money today and return it whenever you wish, within one month, one year or longer.
If you return the money within 30 days and by the end of the month you have a positive account balance, you will not pay any interest!
If you cannot pay back in the given term, this can also be solved — you will only have to pay 15% per year.
The interest is accrued to the amount you actually used and not the total credit limit.
You are free to choose the credit payment schedule and remain eligible to reuse the amount paid to cover the loan at any time.
The credit limit is an increasing limit. If you often use the card and need more credit the Bank will raise the limit lines at any time.
"Megobarati" is mainly intended for purchase transactions and you do not pay any fee for them. However, if you wish to withdraw your money, you can also do it using an ATM.
You will never be late paying your utilities bills while "Megobarati" allows you to use internetbanking service of utilities payments provided by "Basisbank".
The only thing you need to do (in case you have wholly or partly used the limit) is a monthly deposit or transfer of 5% of the credit limit to your account. You can cover a part of your credit by the amount and also use the deposited amount later.
Along with other benefits Megobarati owners will enjoy the special discounts on different kind of services and products.
A gift to “Megobarati” holders from Basisbank and Magticom: earn bonus minutes and SMS’s on a Magti number when using “Megobarati”!*
“Megobarati” holders that have registered their Magticom number at the Bank will earn the following for each transaction:
Free airtime (minutes) on Magti numbers equivalent to 2% of spent amount, and
3 free SMS’s to any operator for each transaction
For activating the service please visit any service center of Basisbank and register the Magticom number to which you would like bonuses to be accrued.
*Bonus minutes are not given to Bani users
Transfer and expending the bonuses:
Bonuses will be transferred on the 1st day of each following month. At the same time, it is possible to use the bonuses within one month from such transfer;
For bonus purposes, a calendar month – from the 26th day of the previous month to the 26th day of the following month inclusive is regarded a reporting month
Bonuses will accrue for the following transactions made through the card:
Procuring goods or services;
Settlement of utility and communication bills via internet banking;
Settlement of communication bills via SMS banking.
Not yet “Megobarati” holder? You can get it at any service center of Basisbank for free. You will only need to present a document certifying 400 GEL salary.
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Fee type |
Amount |
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Card Account Currency |
GEL, US Dollar |
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Credit limit |
Individual |
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Maximum grace period (Interest-free credit) |
30 calendar days |
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Annual interest |
15% annual of used credit
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Credit registration fee |
1,5% of negative balance as of the end of the month
Note: Interest will be accrued on a monthly basis, at the end of the month according to the balance as of the last day of the month |
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Fee for cashing own funds |
At a Basisbank ATM – 0%, at ATM’s of Agent banks – 1%, at ATMs of other banks – 2% (minimum 3 US Dollars) |
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Purchase (non-cash) transaction fee |
0% |
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Fee for cashing the credit |
4,5% (Minimum 4,5 USD) |
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Fee for the use of unauthorized credit |
32% of overspent amount
Note: Interest will accrue on a daily basis, from the emergence of unauthorized credit until the actual payment day. |
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Penalty for the use of amount transferred by mistake |
0.05% of used amount for each day.
Note: penalty will be accrued in case the client does not return the amount within 3 days from the receipt of information on the transfer by mistake |
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Increase of credit limit |
From 5% |
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Fee for the Restoration limit |
30 GEL |
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Limit period |
Unlimited |
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Production of a card |
Free |
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Annual service |
Free |
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Validity period |
2 years |
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Cash withdrawal limit |
Individual |
| Transfer fees on plastic cards |
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| From local merchants |
0,5% |
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From international merchants |
1% |
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Entry in a local STOP list |
5 US Dollars |
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Entry into International Stop-list (for two weeks) |
40 US Dollars |
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Card account statement |
Free |
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The cost of protest against transaction |
10 US Dollars |
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Terms and rates of “Megobarati” |
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production of Megobarati with debit card function only!
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25 US Dollars |
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Replacement of a damaged card |
15 US Dollars |
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Replacement of a PIN code |
5 US Dollars |
Penalty charges for the violation of “Megobarati” usage rules:
for a 1 (one) month violation – 2% of negative balance;
for a 2 (two) month violation – 4% of negative balance;
