6 financial misconceptions that make you miss out on profits

Myth number 1. If you take small loans often, your credit history will be damaged

Some people do their best to avoid loans and spend years saving up for a smartphone, laptop or refrigerator. They reason like this: if suddenly in the future you want to take a mortgage or a car in installments, the banks will either refuse or offer a loan at a very high interest rate.

This is only the case if you do not fulfill your obligations. If you return the amount in a disciplined manner, then this will affect your credit history only on the positive side.

A client with an absolutely clean credit history in the eyes of the bank is not a very reliable borrower. Employees of a financial institution do not know anything about him and cannot say how responsibly a person will relate to his obligations. And a client who regularly took and repaid loans is more predictable.

Myth number 2. Interesting small amounts is pointless - it only works with millions

There is a stereotype that it is worth opening a deposit in a bank only if you really have a lot of money. Then you can live on interest - and not even work if you don't want to. But in fact, a bank deposit allows you to at least defeat everyday inflation, even for an account with money for operating expenses. And some banks may charge interest even on the minimum account balance.

It is not necessary to open a classic deposit, which can be withdrawn only at the end of the term. You can get a debit card with the appropriate function and be more flexible in managing your money.

Myth number 3. There must always be cash in the wallet - for money to be found

Someone carries a dollar in their wallet for good luck, someone prefers a thousand rubles or more, but in any case, this is a bill that they do not plan to spend under any circumstances. Someone even puts a cat's whisker or Japanese coins tied with a red cord into a secret pocket, and believes that this will increase income. Perhaps this approach helps someone. But in order for money to be found, it is worth adhering to the basic rules of financial literacy.

• Make the mandatory spending first. Pay utilities and rent, travel card, school or kindergarten.
• Plan your expenses for the week, month and year. Reconsider plans if revenues have dropped. Try not only to save money, but also look for additional sources of income.
• Don't make big spontaneous purchases. For example, if you unexpectedly received a premium or debt repayment. Better to postpone the decision for a week or a month.
• Save money monthly. If a tenth of the income or more goes to the piggy bank, you will quickly accumulate a financial cushion and you will feel more confident.
• Analyze your shopping list. If you feel that money is not enough, try eliminating unnecessary spending.

Myth number 4. Card service is always paid. Cash withdrawals from other ATMs too

If you've started a card a long time ago, you probably pay a service fee once a month. Or transfer fees and additional interest for cash withdrawals from other ATMs.

Modern banks are fighting for each new client and offer more loyal conditions. So now is the time to revise your tariff or even change the bank so as not to pay high fees for services.

Myth number 5. You need to save money when you have a specific goal.

Someone prefers to save money for something specific, for example, for a new car, apartment, renovation or household appliances. It seems to them that if you put it off just like that, then the accumulated amount will go to something useless.

In fact, deferred funds are the basis of financial literacy, a guarantee of prosperity and peace of mind. In a difficult situation, a financial cushion will allow you not to take out loans at a high interest rate or agree to unfavorable terms. And if, for example, the necessary equipment or a car with a good discount turns up, you can quickly make a decision and save money.

Myth number 6. Cashbacks and bonuses are just a marketing ploy to attract customers

In reality, it all depends on the specific bank and the terms of the financial product. You can always find out in detail about the conditions before issuing a card and choose the option that suits you best.

Some banks offer the maximum percentage in certain categories - and if you have a car, then a good cashback at a gas station or in a spare parts store will suit you. Others give a small cashback from each transaction - and tangible savings are obtained in a month.

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Servicing the "Profit" card (hereinafter referred to as the Card) - 0 rubles per month for purchases over 10 thousand rubles in month (some purchases are not taken into account, the list is on uralsib.ru), in other cases, the service is 99 rubles per month. Cashback condition: for Cardholders participating in URALSIB Bonus (hereinafter referred to as the Program) when using bonus rubles (hereinafter referred to as BR) for the Reverse cashback "- payment to the DS Card in the amount of a purchase made in rubles using the Card with the Program in the amount from 1,500 to 50,000 rubles in the previous month, in exchange for BR. Accrual of BR: for purchases with the Card with the Program at the rate of 1 BR = 1 ruble in the amount of up to 3% of the amount of purchases made with the Card per month (some purchases are not taken into account, the list is at www.bonus.uralsib.ru). 1% - within the first month after registration in the Program, from the second - with the amount of spending on all Cards client with the Program from 10,000 rubles (some purchases are not taken into account, the list is www.bonus.uralsib.ru); 1% - if there is debt on a credit / debit card of the Bank with a line of credit (hereinafter collectively - Card debt) from 5 000 rubles inclusively for at least 1 day within a month or with the balance of the loan amount from 100 000 rubles inclusive at the beginning months; 1% - if there is a package of services "Priority", "Status", "Private", Premium Light, Premium, Premium Sport (respectively "Premium Light", "Premium", "Premium Sport") for 3 months or more, or if there is a Card Debt of 15,000 rubles inclusive, at least 1 day within a month. The maximum volume of purchases per month for which BRs are charged is 400,000 rubles for clients with packages services "Priority", "Status", "Private", Premium Light, Premium, Premium Sport and 200,000 rubles for others clients. BRs are canceled: if within 6 consecutive months there are no transactions to enroll or use the BR; if there is an overdue debt of 30 days (inclusive) on any loan at the Bank. The term of the BR is 12 months. Every month, 8% per annum is charged on the daily actual balance of the DC on the Card in the amount of up to RUB 1 million inclusive. purchases with the Card over 10 thousand rubles (some operations are not taken into account, the list is on uralsib.ru), up to 10 thousand rubles (inclusive) - 0.1% annual; in case of excess of 1 million rubles on the Card, interest on the excess amount is not charged. The Card is valid for 4 years. Commissions: changing the PIN-code / unblocking the Card using ATMs (hereinafter - BT) of other banks - 50 rubles; request for the balance of the DS through the BT of other banks - 30 rubles. Information service - 59 rubles per month, the first 2 months are free of charge. Servicing an inactive card account from 365 to 730 days - 199 rubles, from 730 days (inclusive) - 250 rubles. Cash withdrawal (hereinafter referred to as VN) at points of VN (hereinafter referred to as PVN) - 0.7% of the transaction amount (hereinafter referred to as CO); VN in PVN and BT of other banks on the territory of the Russian Federation with CO up to 3 thousand rubles - 99 rubles; VN in PVN and BT of other banks outside the Russian Federation - 1% of CO, but not less than 110 rubles, a commission may be charged by other banks; VN without a Card in the PVN of the branch of the Bank, in which the account is opened, in the amount of up to 1 million rubles / equivalent in conventional units (inclusive) - 1% of CO, from 1 to 3 million rubles - 5%, from 3 million rubles - 10%. Crediting to the DS account through BT and the payment terminal (hereinafter referred to as BPT) of banks according to the list approved by the Bank on the Bank's website (hereinafter referred to as the List) - 0.5% of CO. Cashless transfer of DS (hereinafter - BPS) to BT and BPT Bank from Card to cards of other banks on the list - 1.5% of CO, but not less than 60 rubles; BPS in BT of banks according to the list from Card to cards of the Bank and banks according to the list - 1% of SB, but not less than 30 rubles; BPS in other organizations from Card to cards of other banks - 1% of CO, but not less than 60 rubles; BPS in the Bank's Internet channels from Card to cards of other banks - 1.5% of CO, but not less than 60 rubles. Use of DS, composition. technical debt (hereinafter referred to as TK), within the term of reimbursement of TK, in percent per annum - double key rate of the Central Bank of the Russian Federation.

The conditions are valid as of 08.11.2021.

For more information, call 8 800 250 57 57 and on the website www.uralsib.ru. Advertising. It is not a public offer. PJSC BANK URALSIB. General license of the Bank of Russia No. 30 dated 09/10/2015.