If you need cash, you can withdraw it from your Worldcard as a cash advance and conveniently repay it in fixed monthly installments over a period of 3 to 12 months at a highly favorable interest rate. In addition, using a payment plan that shows the monthly installment amount and the number of installments, you can easily track your payments. Cash advance transactions with installment plans can be conducted at all Yapı Kredi branches and through the bank’s ATMs.

Terms of Use for Cash Advance with Installments

•    The minimum amount available for withdrawal via a cash advance with installments is 100 AZN.

•    A cash advance with installments is debited from the credit card’s designated cash withdrawal limit.

•    The cash advance with installments is limited to the available cash withdrawal limit of the cardholder at the time of the transaction.

•    Since a cash advance with installments is treated as a cash withdrawal, a cash withdrawal fee will also apply. You can check the fee amount here.

•    Bonus points are not earned for cash advance with installment transactions.

•    Installment amounts are added monthly to the periodic credit card balance.

•    If the credit card payment is not made in full or is partially made by the end of the payment period, the outstanding portion of the cash advance with installments within the current balance as of the statement date will accrue interest at the standard cash advance rate.

•    Once a cash advance with installments transaction is completed, it cannot be canceled or refunded; full repayment is only possible through early settlement. Partial repayment is not allowed.

•    In case of early repayment, the cash withdrawal fee and interest accrued up to the early repayment date are non-refundable. Only interest accrued after the early repayment date may be waived.

•    Early repayment is not possible on the day the cash advance with installments is conducted.

•    Cash advance with installments is available at all bank branches and ATMs.

With the Worldcard Classic, you can withdraw up to 50% of your credit limit at any time.

With the Worldcard Gold, you can withdraw up to 60% of your credit limit at any time.

With the Worldcard Platinum, you can withdraw up to 100% of your credit limit at any time.

One-Time Sale

The client (cardholder) wishes to purchase a product at a retail price of 100 AZN at a retail facility and repay its cost to the bank within 1 month.

In this case, the retail facility selects the “Sale” function on the POS terminal and enters the retail price of the product, as indicated on the price tag. No additional fees or interest are applied to the retail price of the product.

The amount of points accrued under this transaction — calculated based on the bonus rate applied to the retail price of the product sold by the World Member Retail Facility and deducted from that retail price in accordance with the agreement between the World Member Retail Facility and the bank — will be automatically debited by the relevant system from the World Member Retail Facility and credited to the cardholder’s account.

If the credit amount used by the cardholder to pay the retail price of the product is not fully repaid within the period established by the bank, the applicable interest will be charged on the outstanding amount.

Installment Sale

An installment sale occurs when the Client (cardholder) purchases goods at a retail facility and repays the Bank in installments. Depending on the retail facility, the purchase may be divided into 2 to 12 installments. No additional fees or interest are applied to the retail price of the product.

If the credit amount used by the cardholder to pay the retail price of the goods in installments is not fully repaid within the term established by the Bank, the applicable interest will be charged on the outstanding credit amount.

If the credit used by the cardholder to cover the total price of the goods indicated on the POS terminal receipt is not fully repaid within the installment payment schedule, additional interest will be accrued on the outstanding portion of the installment plan.

Installment Sale at Retail Price

The Client (cardholder) intends to purchase goods with a retail price of 100 AZN at a retail facility and repay this amount to the Bank over, for example, 12 months.

In this case, the retail facility selects the “Installment Sale” function on the POS terminal, enters the retail price shown on the price tag and the number of installments.

No additional fees or interest are applied to the retail price of the product. Fees and interest established under the agreement between the World Member Retail Facility and the Bank, as well as bonus points payable to the Client (cardholder) and funded by the World Member Retail Facility, are deducted from the retail price reflected on the POS terminal receipt. The remaining amount is transferred to the account of retail facility.

If the credit amount used by the cardholder to pay the retail price of the goods in installments is not fully repaid within the term established by the Bank, the applicable interest will be charged on the outstanding credit amount.

Installment Sale with Interest

The Client (cardholder) intends to purchase goods with a retail price of 100 AZN at a retail facility and repay this amount to the Bank over, for example, 12 months.

In this case, the retail facility selects the “Installment Sale with Interest” function on the POS terminal and enters the retail price shown on the price tag. The number of installments is then entered, and the POS terminal automatically adds to the retail price the amount calculated based on the interest rate established by the Bank for the selected installment period.

The amount of points accrued under this transaction — calculated based on the point rate applied to the retail price of the product sold by the World Member Retail Facility and deducted from that retail price in accordance with the agreement between the World Member Retail Facility and the bank — will be automatically debited by the relevant system from the World Member Retail Facility and credited to the cardholder’s account.

If the credit used by the cardholder to cover the total price of the goods indicated on the POS terminal receipt is not fully repaid within the installment payment schedule, additional interest will be accrued on the outstanding portion of the installment plan.

Installment Sale with a Markup Applied by the World Member Retail Facility

When processing a sale with a Worldcard, the World Member Retail Facility may, with the client's (cardholder’s) consent, apply a price different from (higher than) the retail price indicated on the product’s price tag.

In such cases, the final sale amount displayed on the POS terminal is deemed to constitute the credit obtained by the cardholder from the Bank.

The amount payable to the Bank under the interest rate determined by the agreement between the Bank and the World Member Retail Facility — based on the number of installment payments — as well as the amount of bonus points due to the client (cardholder) and payable by the World Member Retail Facility, are deducted from the final sale amount reflected on the POS receipt.

If the credit used by the cardholder to cover the total price of the goods indicated on the POS terminal receipt is not fully repaid within the installment payment schedule, additional interest will be accrued on the outstanding portion of the installment plan.