Converse Bank has launched the promotion “Create your credit history” for its student customers.

The bank informed that until 1 July 2018, the students making non-cash transactions with their cards for the amount of AMD 500,000 and more will have the opportunity to obtain a mortgage loan at Converse Bank at an interest rate lower than the current one.

Within the framework of the promotion, students will get the MC Standard plastic card with credit limit up to AMD 400,000, maturity of 36 months and 15% annual interest rate, without service fee. No encashment fee will be charged during money withdrawal from the bank’s encashment points and ATMs.

Moreover, student couples participating in the promotion, in case of excellent study of one of the students, will get a card as a gift (Visa Classic or Master Standard) with a balance of AMD 150,000.

“Within the framework of the promotion, the students will also have the opportunity of studying and training in the banking sector. Namely, the most active participants of the promotion will get practical training at the Bank; some of them will be registered in the reserve of Converse Bank’s human resources, with the possibility of further employment,” the bank stated.

You can see the details of the promotion and the list of the participating higher education institutes here.