The money on the card is insured or not. Are the funds on the debit card insured? In what cases does an insured event occur for the payment of funds

A large number of people use debit cards, and in our country there are a huge number of banks that try to save their customers' funds. Due to the not very stable situation in the country, many banks are beginning to revoke their licenses, which is why customers lose quite large amounts of money. Is the money on the debit card insured or not?

Extract from DIA

The DIA or "Deposit Insurance Agency" was established back in 2004, this corporation insures any bank deposits in registered banks and those that are currently licensed.

This organization primarily insures the funds of individuals that lie in any bank in the country. This organization forces all banks in the country to participate, so any deposit or finances of the client himself will be insured.

All monetary and financial resources that lie in bank accounts are subject to insurance. Accounts of individuals, as well as legal entities, are subject to insurance, but only if this person is registered in the bank as an individual. face.

Given that a debit card is only a tool for using a bank account, the bank account will also be insured if the bank's license is revoked. Since the debit card and the linked bank account, as well as the funds that lie on it, are the client's funds, they will be insured in any case. Any banking business should have an insurance program with DIA.

In which case funds are not insured under DIA?

There are several points that you need to know and under which your deposits in a bank or other financial institutions will not be insured under the DIA. If you are a lawyer or a notary and your account was opened for the specified position, then your account will not be insured.

If the deposit that you open in the bank was opened directly to the bearer. If you have transferred funds at high interest as a trust, such funds are not a deposit and therefore cannot be insured.

If the bank has a part of foreign branches, and you decide to make a deposit in this particular branch, then you also do not have the right to this DIA insurance. The fact is that foreign branches are not included in the list of banks that can be insured under the DIA.

If you have a metal or precious deposit in the bank using any available precious metals, then you also do not receive insurance. Everything also operates within the law, and you cannot insure various drugs. metals, electronic currency. Only rubles and foreign currency, which are directly located in banks within the country, are subject to insurance.

Also, if you issued a debit or any other card in a financial institution that is not a bank. For example, such cards include the corn card. Also, funds on prepaid cards will not be insured.

If yours is linked directly to a legal entity or any organization, then the funds on it will not be insured. Such cards, for example, include Gazprom fuel cards for legal entities.

What is DIA in practice?

Most often, this agency starts paying bank customers only if the bank has a so-called insured event, when the bank's license is revoked. Then the bank can no longer carry out any banking operations, transactions, transfers, as well as use customer funds and use various payment systems.

Then, in this case, all clients who fall under the DIA insured event are paid an amount that is either equal to the amount of the deposit or the amount that was on the account of an individual, or does not exceed the cash in the amount of 1,400,000 rubles. This threshold was set on December 29, 2014 and is valid to this day.

How to get money by debit card from DIA?

To do this, you need to apply directly to any branch of the DIA, with a passport and an application. This should be done as soon as possible before the complete liquidation of the bank is completed. Further, from the moment of the occurrence of the insured event, within 14 days you must pay the required amount. During this time, the DIA will collect information from your former bank about your deposits and debit accounts.

In what cases may you not be given money through the DIA?

When a bank’s license is revoked, confusion may begin in the organization itself in this case, when you apply to the DIA for your funds to be returned to you, the bank simply may not provide this information - this happens rarely, but it happens. So in this case, it is extremely difficult to prove that there was money in your account and you are likely to lose it.

Sberbank card insurance is a reliable protection of funds on bank cards that will protect your finances from fraud and provide you with complete security when making various purchases, payments in retail chains, the Internet, cafes and stores.

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Money insurance on a Sberbank card is:

1. Reliable and convenient. Each plastic card holder can issue an insurance policy in any way convenient for him: either directly by contacting the nearest branch of the bank in person, or via the Internet in the Sberbank Online system.
2. Profitable. By accumulating Thank You bonuses, you can save up to 15% of the cost of an insurance policy.
3. Complete fraud protection. One policy covers all plastic cards that are at the disposal of a Sberbank client and are linked to his bank account.

Insurance of funds on the card under the "Card Protection" policy allows the holder of plastic bank cards (credit, debit, basic and additional) to independently choose the amount of insurance protection that he deems necessary. The policy is issued for a period of one year and begins to operate after 15 calendar days from the date of its issuance.

Bank card protection is valid in two cases:

1. Illegal disposal of funds that were on the holder's card.
2. Loss of a plastic card.

Under the illegal disposal of funds from plastic cards is understood:

• using the card for personal purposes as a result of theft of plastic or robbery;
• obtaining a bank card and a pin code for it as a result of the use of violent actions against the holder or threats with the subsequent use of the card;
• withdrawing money from an account by forging the personal signature of the owner of a bank card/account at the cash desk of a branch of Sberbank;
• use of fake plastic for the purpose of withdrawing funds, paying for purchases and services using real details of the original card;
• robbery of the owner of a plastic card in the first two hours from the moment of withdrawing cash from his card at an ATM;
• other illegal ways of taking possession of a bank card with its further use.

Card loss is insured in case of:

• robbery against the cardholder;
• robbery or theft;
• technical breakdown of an ATM or information and payment terminal;
• mechanical damage or demagnetization.

Cost of insurance

The cost of the Card Protection insurance policy depends on two main factors:

1. From the method of issuing insurance (in a bank branch through an operator or independently in your personal account through the Sberbank Online system).
2. From the amount of insurance protection, which the cardholder chooses at his own discretion.

Table. The cost of the "Card protection" insurance policy.

Based on the data in the table, it can be seen that the minimum insurance coverage is possible if the policy is issued online through Sberbank Online. Accordingly, the cost of such insurance will be the lowest. If we compare the conditions of policies that are issued at a bank branch and online, we can conclude that those that are issued independently via the Internet are cheaper.

Credit card insurance

Holders of plastic credit cards issued by Sberbank of the Russian Federation have access to all insurance products of the bank, including insurance of means of payment, that is, cards. If an insured event suddenly happened (fraudsters illegally obtained your credit card details and withdrew funds from your account, about which you were notified by SMS), the insurance company in this case will compensate you for the damage within the sum insured. But if the amount of damage exceeds the amount of insurance protection, then the difference will not be compensated.

Important! When determining the amount of insurance protection, it is necessary to objectively assess the degree of possible risks, so that in which case all damage is fully compensated by the insurance company.

To apply for the "Card Protection" insurance policy, you must come to the nearest branch of Sberbank and have identification documents with you. You can also insure your credit card yourself, with only Internet access. To apply for insurance online, you need:

1. Open the page of the official website of Sberbank.
2. Go to the "Insure yourself and your property" tab.
3. Select the item "Insurance of bank cards - apply online" from the proposed menu.
4. Specify the amount of insurance coverage.
5. Enter your passport details, address of residence and / or registration and other contact information in the appropriate form fields.
6. Confirm your actions.
7. After that, you will receive a letter with the "Card protection" policy in your e-mail box.
8. Read the policy and pay for the insurance with your bank card.

The procedure for obtaining insurance for your card will take only a few minutes, but at the same time it will give you a whole year of reliable protection against fraudulent activities and other scams.

Debit card insurance

The "Card Protection" insurance policy involves insurance of both credit and debit cards of Sberbank. You may have multiple debit cards, credit cards, and additional cards, all of which are covered by this policy. Having a debit card, you can apply for any insurance product, including insuring your card and the funds on it from unauthorized access and illegal use.

Regardless of how your insurance is issued (online or at a bank branch) and the form of the policy (paper or electronic), your card will be completely safe, because in the event of an insurance situation, all losses will be compensated within the amount of insurance coverage.

Important! Both electronic and paper policies have identical legal force, equally protecting cardholders from malicious acts of fraudsters and guaranteeing them compensation in the prescribed amount.

How to cancel card insurance

Everyone who had the honor of issuing a bank card (especially a credit card) was faced with the fact that a bank employee, in addition to the card, offered to take out “super profitable” insurance, which will provide absolute protection and will guarantee that in the event of theft, loss or illegal disposal funds from the card, the insurance company compensates for everything to the last penny.

The legislation of the Russian Federation speaks only of some compulsory types of insurance, where we are not talking about consumer insurance at all. Therefore, each Sberbank card holder absolutely legally has the right to refuse the insurance imposed on him, both when applying for a plastic card (including a credit card), and after the fact, that is, after the bank employee managed to convince the client of the need and the highest value insurance and issue him a policy.

Card and credit insurance is voluntary and everyone determines for himself the degree of importance and necessity of insurance. The only negative is that if you refuse insurance, the credit limit on the card may be reduced or the interest rate may be increased (rarely, but this is practiced, since the bank primarily insures its possible risks associated with issuing a loan).

To cancel insurance after it has been issued, you must:

1. Come to the bank with identification documents and an insurance policy (original).
2. Explain to the employee the purpose of your visit.
3. Ask for an application form.
4. Fill out an application, indicating all your coordinates and contact information, as well as the reason for refusing insurance.

In some cases, termination of an insurance contract is allowed by calling the Sberbank hotline, as well as through a personal account in the Sberbank Online system.

Question answer

Question: is it possible to refuse insurance of a Sberbank card?

Answer: insurance of credit and debit cards of Sberbank is a voluntary matter, and only the client of the bank has the right to decide on the need to purchase this banking product. That is, each plastic card holder has the full right to refuse to issue insurance.

Question: Is insurance of Sberbank bank cards mandatory?

Answer: life is unpredictable, and every day fraud schemes are more and more striking in their sophistication. No one will guarantee that the attackers will bypass you and your money will remain safe and sound. You need to be ready for anything, and the best solution in this case is to issue an insurance policy "Card Protection". This insurance product of Sberbank is not mandatory, but bank employees strongly recommend that their customers connect insurance as additional protection for plastic cards and a guarantee of monetary compensation in the event of an insured event.

Poll: Are you satisfied with the quality of services provided by Sberbank in general?

YesNot

For many customers who use banking services, the question arises whether the money in the bank account, including the debit card, is insured. Any credit or debit card has the same validity as any bank account. It is for this reason that the holders of such cards are fully covered by the law on deposit insurance. This applies not only to Sberbank. Money is protected by the state, and if it is on a credit card or debit card of any bank, then it is mandatory to be insured.

If, nevertheless, the bank's license is revoked, and you still have money in your bank account, you will not lose them. They will return to you within the period prescribed by law. It is mandatory to retain all documents that will help establish the fact that you are the owner of the funds on your debit card account. However, if you lose the documents, then there is a risk of not getting your money back.

There are special restrictions regarding all bank cards, and first of all they refer to the maximum amounts of storage and withdrawal.

If the account balance exceeded 1.4 million rubles before the license was revoked from the bank, then certain problems may arise in the process of returning money to the client. These difficulties lie in the fact that the funds will not be paid in full, but only a part of it will be returned, which does not exceed 1.4 million rubles. According to the law, the remaining part must also be paid from the proceeds from the sale of property and equipment of the bankrupt bank. In practice, this process can take years.

It is important to remember that it is not recommended to keep large amounts on the cards of those banks that do not have the function of quickly setting up and disabling restrictive limits that allow you to withdraw money in a certain amount or make a purchase using the mobile application. Another sensitive issue is the issue of inflation. The official statistics on inflation for the previous year reached 7% per annum, and when storing money on a regular card, there is a risk of losing this part in a year.

In order to be able to save their money at any time with interest that is intended to be compensation for inflation, many recommend using cards from banks that charge this interest. We are talking about free debit cards issued by the following banks (the list was compiled using Finblog.RF):

• "Rocketbank". Debit card "Opening-Rocket";
• Tinkoff. One of the most popular cards among the clients of this bank is the new Tinkoff Black card;
• Home Credit issues a free debit card;
• touch bank. Offers customers a universal card, which can be both debit and credit;
• Euroset. The debit card "Kukuruz", which has been actively used by Russians over the past years.

Using the services of Binbank, you can also select and issue a debit card, but this service is not provided free of charge in this institution.

On the issue of insuring money on a debit card

The Deposit Insurance Agency (hereinafter referred to as the DIA) starts paying out only in cases where the bank is on the verge of bankruptcy and its license is revoked. At the same time, the bank is deprived of the authority to conduct absolutely any operations, money transfers, as well as the ability to somehow use the funds that are on customer accounts and operate payment systems.

All clients who qualify under the DIA insured event (including debit card holders) will receive a full payment if the balance on the individual's account did not exceed 1.4 million rubles. When an insured event occurs, the agency must pay the required amount to clients within two weeks.

What deposits are insured by the state

Many are interested in whether deposits of individuals are insured, including deposits in foreign currency, as well as money on debit (salary) cards. Don't worry - they are insured.

If the bank is a member of the deposit insurance system, then the funds of individuals, regardless of citizenship, which are in deposits and on bank accounts, are subject to insurance, including:

• - time deposits and demand deposits, including foreign currency deposits;
• - current accounts, including those used for settlements with bank (plastic) cards, for receiving salaries, pensions or scholarships;
• - funds on the accounts of individual entrepreneurs (for insured events that occurred after 01/01/2014);
• - funds on nominal accounts of guardians/custodians, the beneficiaries of which are wards;
• - funds on escrow accounts for settlements under real estate purchase and sale transactions for the period of their state registration (for insured events that occurred after 04/01/2015).

Note that not only the deposited amount of money is insured, but also the accrued interest. They are calculated in proportion to the actual term of the deposit until the day of the insured event.

Remember!

Some institutions masquerade as banks, offering high interest rates and silent about the lack of appropriate guarantees! You can check whether an institution is included in the deposit insurance system on the websites of the Bank of Russia (www.cbr.ru) and DIA (www.asv.org.ru), as well as on the free DIA hotline 8-800-200-08-05 .

See also:

- rates of deposits of individuals in Rosselkhozbank >>

What deposits in banks are not insured by the state

Not all the money you entrust to a bank is government-insured and will be returned to you by the Deposit Insurance Agency (DIA) if the bank loses its license and fails. The following are not covered by the deposit insurance system:

• - deposits certified by a savings certificate to a bearer or a passbook to a bearer;
• - funds on the accounts of individual entrepreneurs without forming a legal entity, if the accounts are opened in connection with professional activities (for insured events that occurred before 01/01/2014);
• - funds on the accounts of lawyers and notaries, if the accounts are opened in connection with their professional activities;
• - deposits in branches of Russian banks located abroad;
• - funds transferred to banks for trust management;
• - funds placed on depersonalized metal accounts;
• - funds transferred to the so-called "electronic wallets" (electronic money).

Does the Agency insure funds placed with MFIs?

Citizens' funds deposited with microfinance organizations (MFIs) are not covered by the Federal Law "On Insurance of Deposits in Banks of the Russian Federation". MFIs are not banks and are not included in the mandatory deposit insurance system.

Are bank deposits insured?

For a long time, the deposits of individual entrepreneurs, who are individuals, were not insured by the state, as well as deposits of legal entities. But a few years ago this incident was eliminated. Currently, the funds on the accounts of individual entrepreneurs in banks are insured (for insured events that occurred after 01/01/2014).

See also:

- what are the rates on deposits today gives Binbank >>

- interest rates of deposits in Post Bank >>

How much are deposits insured in 2019

If the insured event occurred after December 29, 2014, the maximum amount of compensation for deposits is 1,400,000 rubles. It is up to this amount that deposits of individuals in banks of the Russian Federation are insured today.

If the insured event occurred from October 2, 2008 to December 29, 2014, then the maximum amount of compensation for deposits is 700 thousand rubles.

For insured events that occurred from March 25, 2007 to October 1, 2008, the maximum amount of insurance compensation is 400 thousand rubles;

If the insured event occurred from August 9, 2006 to March 25, 2007 - 190 thousand rubles;

IMPORTANT! Separate insurance indemnity, the maximum amount of which is up to 10 million rubles, payable:

According to an escrow account opened for settlements under a real estate purchase and sale transaction;

According to an escrow account opened for settlements under an agreement on participation in shared construction.

By the way!

The Central Bank of Russia and the Deposit Insurance Agency (DIA) have prepared a bill to compensate depositors of failed banks up to 10 million rubles. in special situations, such as when receiving an inheritance. This was told by the head of the DIA Yuri Isaev.

We are talking about cases of high balances on the bank account “due to special life circumstances,” Isaev specified. Special situations may be associated with temporary receipt of money from the sale of residential real estate, inheritance, social payments and benefits.

Deposit insurance in 2019: questions and answers

How is the amount of compensation calculated if the deposit is placed in a foreign currency?

If the deposit is placed in a foreign currency, the amount of compensation is calculated in rubles at the exchange rate set by the Bank of Russia on the day of the insured event.

How much compensation will spouses receive if each of them has deposits in the same bank?

In the event of an insured event, each of the spouses will independently receive compensation for deposits in the amount of 100 percent of the amount of his deposits in the bank, but not more than the maximum amount of insurance compensation established by law.

What amount will the depositor receive if he has deposits in different branches (branches) of the same bank?

Deposits in different branches (branches) of the same bank are deposits in the same bank. Therefore, they are subject to the general rule for calculating the amount of compensation: 100 percent of the amount of all deposits in the bank, but not more than the maximum amount of insurance compensation established by law.

Increasingly, payment for purchases and services occurs through bank cards - debit and credit. Therefore, a natural question arises about the insurance of bank cards - are the funds protected and how safe is it to store them on the card?

Since the balances on debit cards, including salary cards, are equated to deposits, they are insured from the moment the money is placed in the bank against the bankruptcy of a financial organization, but not against theft and other force majeure. This is possible provided that the bank is a member of the deposit insurance system, which is supervised by the State Corporation "Deposit Insurance Agency".

Insurance against loss of funds due to illegal actions of third parties is a voluntary matter, so the question “is the money on the bank card insured” should be asked, first of all, to yourself. Usually, when issuing a card, a bank employee asks the client if he wants to conclude an insurance contract. And although the idea itself is quite attractive and justified (taking into account the rapidly growing number of transactions and transactions on the Internet), the downside is the impossibility of the cardholder to independently choose an insurance company.

Despite the fact that banks often insistently offer to sign an insurance contract when issuing a debit or credit card, this is an exclusively voluntary matter. The conclusion of an insurance contract is not mandatory.

Today, many financial institutions offer bank card insurance: VTB24, Sberbank, Alfa-Bank, Promsvyazbank, Russian Standard, Tinkoff, Citibank, Rosbank and many others.

How much is credit card usually insured for?

Today, many banking institutions offer voluntary insurance to their cardholders. And although the policies and conditions of all banks are different, the average amount of insurance coverage, depending on the type of card, is as follows:

• for Visa Electron - 50,000 rubles,
• for Visa Classic and MasterCard Standard - 100,000 rubles,
• for golden Visa and MasterCard - 150,000 rubles,
• for platinum Visa and MasterCard - 250,000 rubles.

The cost of the service, i.e. insurance policy depends on the amount of insurance coverage and usually amounts to 1-1.5% of the insurance limit.

Bank customers should keep in mind that usually the whole world is covered by an insurance policy. Those. wherever the loss of the card or money occurs, if the situation falls under the insured event, the funds will be reimbursed by the insurance company.

Why you can insure a bank card

Usually, bank card protection implies a list of the most common insured events:

• theft or loss as a result of robbery,
• skimming (theft of card data using a skimmer - a special reader),
• phishing (illegal extraction by fraudsters of secret card data),
• criminal actions of employees of trade and service enterprises,
• theft of bank card details and PIN code,
• theft of cash shortly after withdrawing it from the card through an ATM,
• robbery on a cardholder who has withdrawn money from an ATM within 2-3 hours after withdrawal.

Sberbank's offer for card insurance

In order to protect the funds of its customers, Sberbank offers an insurance program called "Card Protection", which can be issued both online - on the website www.sberbank.ru, or by contacting the nearest branch of a financial institution.

Holders of plastics issued by Sberbank are offered reliable protection of bank cards linked to a client account with one insurance policy. Customers are offered a choice of 3 insurance coverage options.

Please note that applying online is not only easier and more convenient, but also more profitable. If at the branch you have to pay 3,900 rubles for an insurance policy, on the website its cost will be only 3,510 rubles.

How to get card insurance from Sberbank

To apply for a policy from Sberbank:

1. Download the page for applying for insurance coverage and choose the most suitable one from the three proposed options.
2. Provide contact information, passport details and your address.
3. Receive your insurance policy in electronic form to your e-mail.
4. Pay for the policy with a credit card.

An electronic insurance policy has the same legal force as a paper one and is equivalent to it. The advantages of an electronic document include the convenience of its design, transmission and storage.

Additional information for Sberbank plastic holders:

• The validity of the insurance policy is 1 year from the date of its entry into force.
• The policy comes into force on the fifteenth day after the payment.
• The security of bank cards after the purchase of the policy applies to all cards issued by Sberbank and linked to an account with this financial institution, including credit and debit, basic and additional.

Why are bank cards insured?

Insurance provides reliable protection of funds on bank cards against the following risks:

• Loss of a bank card due to breakdown of an ATM, theft, robbery, robbery, degaussing or mechanical damage,
• Illegal receipt of money from plastic by third parties as a result of: theft of cash within two hours from the moment they were cashed out through an ATM; skimming, phishing and other similar actions related to the theft of information from the card; using fake plastic with valid payment details to pay for services or goods, as well as to withdraw money from an ATM; forgery of the cardholder's signature in order to withdraw cash from any bank; forcibly obtaining a PIN code and the bank card itself and further withdrawing money from an ATM; use of plastic after it has been stolen.

If under the insurance contract only one card is insured, and it ceased to be valid before the expiration of the insurance period, a part of the insurance time is returned to its holder in proportion to the time during which this contract was valid. If several plastic cards are insured, and one of them has ceased to be valid, the insurance contract continues to work with respect to the rest of the cards.