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23rd April, 2018

OTP Szép card spending above Ft 8bn

There is Ft 3.3 billion left on OTP Széchenyi leisure cards (Szép cards) in fringe benefits provided by employers during 2016.

Funds transferred onto the accounts to pay for accommodation, catering and leisure must be used by May 31.

Employees who miss the deadline will lose their benefits and the bank will return the money to employers.

Spending with OTP Szép cards last year and the first four months of this year amounted to Ft 77 billion.

Card issuers have notified clients of the deadlines. The two four-day weekends before the end of May 31 will offer customers a chance to use the cards at hotels and restaurants, but people can also book their summer vacation, analysts said.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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