Komerčka will start charging some payment card fees monthly rather than annually. Although the bank informs of the change, stating that the calculation is a response to customer requests, the fees are now higher than they originally were.
The change concerns, for example, the debit card fee, which is not part of the account management. The bank also charges the price of a personal credit card every month.
In addition, the bank will coordinate the price for sending a reminder and consumer credit insurance. Here, too, the new prices will be higher than the original ones.
Credit cards
In addition to the change in fees, the bank will also change the options for handling payment cards. Customers will now be able, for example, to set a separate financial limit for card payments over the Internet. The change will only be valid from the introduction in the new version of the mobile or internet banking after the change of conditions.
| Element | New price | Original price |
|---|---|---|
| Cost to provide a Platinum debit card (if not part of account management) | 550 CZK per month | 6,490 CZK per year (540.83 / month) |
| The cost of providing another Platinum debit card | 550 CZK per month | 4900 CZK per year (408.33 / month) |
| Price for the provision of a Gold Card (if it is not part of the account management) | 165 CZK per month | CZK 1,990 per year (165.83 / month) |
| Price for the provision of a Plus card (if not included in the account management) | 45 CZK per month | CZK 490 per year (40.83 / month) |
| Price for the provision of an Embossed card (if not part of the account management) | 35 CZK per month | 390 CZK per year (32.50 / month) |
| Own MojeKarta design * | CZK 45 per year | CZK 149 once every 3 years (49.67 / year) |
| Supply of a duplicate debit card with MojeKarta proprietary design / modification of the MojeKarta design * | 200 CZK | 149 CZK |
*) The same change also applies to the tariff for entrepreneurs, companies and municipalities
Komerční banka will start recalculating for months also for credit cards. Also, sending a bank statement by post or delivery to the branch (CZK 30) will cancel the service. The free element for sending a debit card statement electronically, which can be generated in internet banking, will also disappear from the tariff.
| Element | New price | Original price |
|---|---|---|
| Price for the Infinity ticket | 850 CZK per month | 9,990 CZK per year (832.5 / month) |
| The price for issuing another Infinite card to the account | 450 CZK per month | 4990 CZK per year (415.83 / month) |
| Price for the World Elite ticket | 550 CZK | 6,490 CZK per year (540.83 / month) |
| The price for issuing another World Elite card on the account | 550 CZK | 4900 CZK per year (408.33 / month) |
| The design of MojeKarta | CZK 45 per year | CZK 149 once every 3 years (49.67 / year) |
| Supply of a duplicate debit card with MojeKarta proprietary design / modification of the MojeKarta design | 200 CZK | 149 CZK |
| Element | New price | Original price |
|---|---|---|
| Price for Mastercard credit | CZK 30 per month | CZK 350 per year (29.17 / month) |
| The price for issuing another Mastercard credit to the account | CZK 30 per month | CZK 350 per year (29.17 / month) |
| Price for issuing another Viva card | 20 CZK per month | CZK 200 per year (16.67 / month) |
Consumer Loans
From November, Komerční banka will raise the price of solvency insurance for consumer loans.
| Element | New price | Original price |
|---|---|---|
| Solvency insurance – optional for loans negotiated from 20 August 2013. The price is valid for the first or one insured | 0.12% per month of the loan amount provided | 0.10% per month of the loan amount provided |
| Solvency insurance – optional for loans negotiated from 20 August 2013. The price is valid from the second to the fourth insured person per person | 0.096% per month of the loan amount provided | 0.08% per month of the loan amount provided |
Memorandum
Komerčka also changes the prices of souvenirs. In addition to permitted debits, consumer loans and mortgages, this change also applies to reminders for deposit products.
The new souvenir will cost 500 CZK. Originally, the bank charged CZK 350 when it sent the first reminder or notification of the occurrence of an unauthorized charge. However, the bank will only charge a reminder fee if the amount owed is 500 CZK or more.
The reminder price is also modified (and unified) in the tariff for entrepreneurs, companies and municipalities serving the branches. In this case, the bank will again charge CZK 500 for the reminder (again, this applies to deposit products, authorized debits and commercial loans). Until now, the first reminder or notification of an unauthorized debit cost CZK 350. For credit cards, the bank will now charge a fee for sending each reminder. Here too, however, it is valid that you are charged only if the amount due reaches CZK 500 or more.
The same change also applies to municipalities serving business and corporate divisions, with the original first unauthorized reminder and debit advice costing CZK 100. Again, the reminder will now cost 500 CZK and will be charged for each shipment, except if the amount due does not reach 500 CZK.
Changes to the KB Express line
The bank will also reduce the operating times of its Express line. From November it will not work for the entire calendar week, but only on working days.
The service time will also be reduced. Currently it is possible to call the line from 6 in the morning to 10 in the evening, now it will work from 8 in the morning to 8 in the evening.
Changes to documents
The Bank also cancels the Personal Credit Card Exempted Provisions and Authorized Charges Exempted Provisions. Customers will now find information in the Payment Execution Notice, which the bank will post on its website.
