Muscovite’s Social Card (MCC) for pensioners and privileged categories of citizens — Visa Electron

What is a Social Card

A Social Card—Visa Electron is a plastic card with a magnetic strip and a built-in contactless chip (microcircuit); it combines the functions of a pay card bank card and an identification card. The magnetic strip enables to receive money in cash terminals and retail outlets, as well as pay for goods and services in businesses offering goods/services.

A Social Card—Visa Electron is intended to service privileged categories of citizens in consumer and service market businesses (it confirms the right of a beneficiary to purchase (obtain) goods and services at beneficial prices (with a discount)), medical institutions, for travel privilege in Moscow Metro, ground city public transport and on Moscow Railroad.

In order to provide settlement for operations involving the use of a Social Card—Visa Electron, the Bank of Moscow opens a card account in the name of the Card’s holder, where money can be transferred, including the money provided by the programme of service of privileged categories of citizens.

Why do you need a Social Card—Visa Electron

With the help of a Social Card—Visa Electron you may receive social benefits provided by the Government of Moscow for privileged categories of citizens:

1. Beneficial (free for pensioners) travel in Moscow Metro, ground city public transport, in commuter trains of Moscow Railroad.
2. Substantial discounts for goods and services when paying with a Social Card—Visa Electron in shops, pharmacies and service businesses.
3. Additional income in the form of increased interests accrued on the balance of the card account in the event of money transfer to a Social Card—Visa Electron.
4. Visa International All benefits enjoyed by holders of international pay system cards Visa International:
   • A network of businesses offering goods/services and accepting bank cards Visa for payment includes over 30 million organisations worldwide.
   • No commission is charged on purchases made with the use of a card in businesses offering goods/services in Russia and abroad.
   • performs money conversion at payment for goods and services in a currency other than the currency of the card account at the rate of the Bank of Russia without charging a commission for conversion.
   • Possibility to control the cash flow on your card account.
   • If the card is lost or gets out of order, for instance, it has demagnetized, you don’t lose your money as the Bank blocks the access to the card account. The card has to be re-issued, and the Bank will automatically transfer the money to the account of your new card.
5. Pensioners do not need to have a mandatory medical insurance police while visiting a medical centre, since all details of the medical police are encoded on a Social Card—Visa Electron: it is sufficient to present it to the reception desk of the medical centre.
6. Holders of a Social Card—Visa Electron have an opportunity to use a credit with the term of 80 days as an overdraft in the amount of up to 98% of the sum of average pension or scholarship. The credit will be repaid at the expense of future revenues (pension, scholarship and other payments for the following month).
7. The use of a Social Card—Visa Electron is more convenient and safe than the use of cash.

Any citizen of Moscow entitled to receive benefits provided by the Government of Moscow (beneficial travel, allowances, subsidies, etc.) can obtain a Social Card—Visa Electron.

The Social Card—Visa Electron is issued free of charge.

Pensioners and privileged categories of citizens

A Social Card—Visa Electron can be obtained in a District Social Protection Administration (RUSZN) at the place of registration. For this purpose an identification document is to be presented to a responsible official of the RUSZN and an application questionnaire for issuance of a Social Card—Visa Electron is to be completed; then the issued card can be obtained in the same RUSZN in 10 business days.

To receive pension using a card it is required just to fill in an application for the pension transfer to the card account in a local territorial directorate of the Pension Fund of Russia, while for the purpose of reception of city allowances, additional payments (for telephone) and other social payments, the application for money transfer to the Social Card—Visa Electron is to be executed in a local RUSZN.

1. What should be done upon receipt of a Social Card—Visa Electron
2. How can discounts be obtained in shops, participating in the project or authorised by the Consumer Market and Service Department, with the help of a Social Card—Visa Electron
3. How can money be deposited on a Social Card—Visa Electron
4. How can a purchase be made using a Social Card—Visa Electron
5. How to withdraw available funds deposited on a Social Card -Visa Electron in an outlet of the Bank of Moscow
6. How to withdraw available funds deposited on a Social Card -Visa Electron at a cash terminal of the Bank of Moscow
7. How to withdraw available funds deposited on a Social Card -Visa Electron at outlets and cash terminals of other banks
8. What to do if a a Social Card—Visa Electron has been lost
9. How to use a Social Card—Visa Electron on the Metro
10. How to use a Social Card—Visa Electron for travel in commuter trains of the Moscow Railroad
11. How to use a Social Card—Visa Electron in payphones
12. How to use a Social Card—Visa Electron in a medical centre

Insurance

Each holder of a Social Card—Visa Electron has an opportunity to obtain the following kinds of insurance:

1. Accident insurance.
2. Accident insurance for a person and members of his/her family.

Credit Financing

Holders of a Social Card—Visa Electron have an opportunity use a short-term credit in the form of an overdraft of up to 98% of the sum of average monthly pension or scholarship for the term of up to 80 days. Repayment of the credit will be effected at the expense of revenue of future assets (pension, scholarship and other payments for the following month). This service is accessible for clients at the age of from 18 to 64. For obtaining a credit, it is sufficient to address any branch of the Bank of Moscow, where specialists of the Bank will thoroughly answer all your questions and execute documents required for granting of a credit.

Paying municipal services

With the help of a Social Card—Visa Electron you may pay for municipal services and make other payments. Transfer from card accounts is performed on the basis of one-time or long-term (for the term of up to 3 years) requests of card holders for money transfer in respect of each kind of payment.

Should organisations — providers of municipal services change tariffs for these services, the Bank will, having received your consent, independently adjust the amount of payment, which does not require re-execution of requests.

This service enables to transfer money from card accounts to deposits of individuals (e.g. replenish fixed-term deposits) opened in OAO Bank of Moscow and other banks in the territory of the Russian Federation, as well as discharge indebtedness in relation to credit products of the Bank.

Cost of the service:

• municipal payments and payments for services of the city telephone communication (subscription fee) are effected without charging a commission
• OAO Bank of Moscow commission for other payments and transfers of individuals is charged in accordance with the Rates of OAO Bank of Moscow.

SMS-Banking

For holders of OAO Bank of Moscow cards, who are subscribers of a cellular network of GSM 900/1800 standard (service provider MTS, Beeline and Megaphone).

This service enables to obtain current information on any flow of funds on a card account in the format of SMS messages:

• You don’t need to calculate the balance of money on a bank card and find out whether the card account is replenished
• control over all credit card transactions. You have an opportunity to block the card instantly if an authorised transaction using the card has been executed.
• service is accessible anywhere in the world where a mobile phone of said service provider is active.

Each time when you make payment using the bank card or tranfer money to the card account, you instantly receive an SMS message on your mobile phone with the statement of the sum of the transaction executed and the balance of your account.

The service does not require opening of additional accounts, replacement of the SIM card or the telephone model.

Advisory services with respect to the issues pertaining to receipt and maintenance of social cards are available daily form 9 a.m. till 8 p.m. by the phone number of information support system for members of the Muscovite’s Social Card project and holders of social cards ("hotline") +7 (495) 921-45-91.

Maintenance and Issue Rates

Account — bank account opened by the Bank to a client — an individual for the purpose of execution of and accounting for bank card operations.

Retail outlet — point of cash withdrawal.