XalqKart Cashback Taksit

Card type: VISA Rewards

Credit limit: AZN 500 – AZN 30,000

Who can apply?

Age: 20–70 years (by the end of the credit term)

Employment history: minimum 6 months at the current workplace

Installment: Purchases made at XalqKart Cashback Taksit partner merchants through Xalq Bank POS terminals can be paid in installments for up to 24 months.

Grace period: A grace period of up to 72 days applies to one-time (non-installment) payments. Cash withdrawals and equivalent transactions are not included in the grace period.

The outstanding balance incurred can be repaid interest-free by the 10th day of the second month following the transaction.

Interest is charged on any balance not repaid during the grace period for each calendar day starting from the transaction date (annual interest rate — 20%).

Cash withdrawal: Up to 100% of the available credit limit can be withdrawn in cash.

The grace period does not apply to cash withdrawals and equivalent transactions, including transfers, loan repayments, betting transactions, electronic wallet top-ups, etc. Interest is charged daily from the transaction date.

The actual annual percentage rate (APR) for the XalqKart Cashback Taksit card is min. 22.35%, max. 26.96%.

Debt repayment: The minimum monthly payment for XalqKart Cashback Taksit must be made between the 1st and 10th of each month. The minimum monthly payment includes accrued interest, 5% of the principal balance subject to interest, and the monthly installment payment.

Outstanding balances on XalqKart Cashback Taksit can be repaid via the XalqOnline mobile app, Xalq Bank branches, and payment terminals.

Cashback: 2% cashback is earned on every one-time (non-installment) purchase made with the XalqKart Cashback Taksit card. Cashback earned during the current month is credited to the card account on the last business day of that month.

A maximum of AZN 30 cashback per month can be earned on cashless transactions made at merchants that are not XalqKart cashback/bonus partners, within the same MCC code group.

Monthly cashback: min. AZN 3, max. AZN 300