With Masterata credit card you can buy regardless of your current account balance, whether you are in Serbia, abroad or you are making a purchase via the Internet. The possibility of repayment in equal monthly instalments without interest is the main advantage of our Masterata.
The first installment is due on the last day of the month in which the transaction was executed and each subsequent maturity on the last day of the following month.
Masterata Payment in installments without interest and commission can be used for transactions at ours POS terminals with partners with whom the Bank has concluded a cooperation agreement.
For any payment with Masterata credit card, Masterata will function according to the 2nd or 3rd repayment model (depending on the amount you pay). Please find the details of these repayment models below, in this section How does Masterata Work.
With Masterata you also have the possibility of early repayment of all the instalments. Whether you are paying for the purchase in instalments without interest at our partners’ points of sale or with a 5% fee in other stores, you can early repay all your instalments via e-bank.
If you wish to repay early the revolving part of your Masterata credit card purchase, you don’t have to come to the branch! E-bank and M-bank allow you to repay early all your dues.
If you still do not have a Mastarata credit card, fill out the application form and we will provide you with all the necessary information on how to get it.
When you use the Masterata credit card at our POS terminals at merchants with whom we have a cooperation agreement, you can pay the entire amount you spend in equal installments, at no additional cost. The number of installments is determined by you and you announce it to the merchant when paying. The number of installments can be from 2 up to 24, depending on the Masterata partner where you made payments.
For the List of Masterata partners and the maximum number of instalments into which you can break down your purchase at their stores, click here.
At our partners’ stores (except for online payments), the total amount spent is entirely free of interest and fees!
For any Online payment with Masterata credit card, Masterata will function according to the 2nd or 3rd repayment model (depending on the amount you pay). Please find the details of these repayment models below, in this section How does Masterata Work.
[1] If you do not declare the number of installments that you want in order to pay for the purchase, the payment will be executed according to the modality number 2.
| The amount of purchase made in 24 instalments | 50.000 RSD |
| Instalment amount (RSD 50,000/24 instalments) | 2.083 RSD |
| NIR annual | 0% |
| Instalment payment service fee | 0% |
| Monthly card maintenance fee | 250 RSD |
| Total monthly payment for the model without interest calculation (instalment amount + monthly card maintenance) | 2.333,33 RSD |
| Expenses related to credit card approval, known at the moment of publishing | |
| Bill of exchange | 50 RSD |
| Credit Bureau basic report | 246 RSD |
| The total amount paid by the client during the repayment period (purchase amount + monthly card maintenance fee + bill of exchange + Credit Bureau basic report) | 56.296 RSD |
| Representative example calculated on | 20.10.2021 |
If you use the card at POS terminals or ATMs abroad or in the country at the retailers’ we have not concluded cooperation agreement with, the spent amount exceeding 1.000 RSD can be paid in 3, 6 or 12 equal monthly instalments, in accordance with a defined scale given below. According to this model, one-time fee is charged 4% of the amount spent for transactions divided into 2 to 6 installments or of 5% of the amount spent for transactions divided to 12 installment which will also be broken down into instalments.[2]
Number of instalments against the amount
| The amount of purchase made in instalments from domestic non-partners | RSD 50,000 (on 3 installments) | RSD 50,000 (on 6 installments) | RSD 50,000 (on 12 installments) |
| Instalment amount | 16.666,67 RSD | 8333.33 | 4.167 RSD |
| NIR annual | 0% | 0% | 0% |
| Instalment payment service fee | 4% from transanction amount (2.000 RSD) | 4 % from transaction amount (2.000 RSD) | 5% from transaction amount (2.500 RSD) |
| Monthly card maintenance fee | 250 RSD | 250 RSD | 250 RSD |
| Total monthly payment for the model without interest calculation (instalment amount + fee broken down in instalments + monthly card maintenance) | 17.583,33 RSD | 8.916,66 RSD | 4.625,33 RSD |
| Expenses related to credit card approval, known at the moment of publishing | |||
| Bill of exchange | 50 RSD | 50 RSD | 50 RSD |
| Credit Bureau basic report | 246 RSD | 246 RSD | 246 RSD |
| The total amount paid by the client during the repayment period | 53.045,99 RSD | 53.795,96 RSD | 55.799,96 RSD |
| Representative example calculated on | 20.10.2021 | ||
If you use the card for the amount of less than 1,000 dinars the installments will be collected with a percentage of repayment of 5% of the monthly debt with accrued interest.
| Card limit | 100.000 RSD |
| Monthly repayment percentage | 5% of debit amount |
| NIR annual | 27% |
| EIR annual | 34.66% |
| Interest | 12.906.91 RSD |
| Total amount of fees | 3,296 RSD |
| The total amount paid by the client during the repayment period | 116.202,91 RSD |
| EIR calculated on | 20.10.2021. |
The calculation of EIR includes: NIR, the cost of card maintenance paid 250 RSD on a monthly basis, as well as the cost of bill of exchange (RSD 50) and Credit Bureau (RSD 246) that is paid on a one-time basis upon approval of the Masterata credit card.
The Bank reserves the right to determine the final limit of the card, as well as to request additional documentation. The limit is unique for each card and is determined in accordance with the credit ratio of each client.
In case of card loss or theft, notify Contact Center of OTP bank in the shortest time possible by dialling the following phone number: +38111 30 11 555
Give us a call and your card will be blocked that very moment.
Write to us via our online contact form and we will contact you.
A place where your card is worth more! Details on additional benefits our cards can bring to you.
Enjoy your leisure time and time spent with friends and arrange banking transactions whenever convenient for you. Via mobile application check your account balance and transfer funds to and from your accounts, pay bills free of charge, exchange money 24/7, and much more.
Map of branch locations
Find a branch
