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Salary Overdraft

Forget about unexpected expenses with a Credo Bank Overdraft.

Wallet with cash and transaction flow arrows

The amount withdrawn from the overdraft can be used for any purpose. To activate the limit, your salary must have been credited to your Credo Bank account for the last three months.


The approved limit can be used instantly - both through Mycredo and with a plastic card. Interest on the overdraft is calculated with daily accuracy.


Transfer your salary account to Credo Bank to get improved conditions for banking services.

Conditions:

  • Maximum loan amount: 5,000 GEL
  • Minimum loan amount: 200 GEL
  • Maximum salary utilization: 90%
  • Term: 12 months
  • Service fee: 0%
  • Life insurance fee: 0%
  • Card withdrawal fee: according to the card withdrawal rate
  • Cash withdrawal fee: according to the account withdrawal rate

Advantages:

  • Instant Use: Access the limit immediately upon approval.
  • Reserve Amount: Up to 5,000 GEL.
  • Daily Interest Calculation: Interest accrual with daily precision.
  • Global Access: Use your overdraft anywhere in the world.
  • Convenient Management: Manage your account through Mycredo.

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