Deferred payment

  • Annual credit card issuance and maintenance fee of €45 for the card holder and €30 for the beneficiary, which is paid in full in the first installment and is added to the capital balance. 

    • Interest rate: 17.52% annually.
    • Credit limit of €1,500

    Monthly payments for a fixed amount: Each month you will pay a fixed amount that includes capital, interest and fees. The minimum monthly amount is €18, and you can choose any higher amount. 

    If you choose the Fixed Installment payment method, your card's credit limit is €1,500 and you make a single purchase for this amount on the same day that you sign up for the card (e.g. May 1), based on an annual nominal interest rate of 17.52% and a monthly payment of €145 (comprising capital, interest and fees), this is what you will pay:

    • 11 installments of €145. The first payment includes the total amount of the annual credit card issuance and maintenance fee, which is €45. This means you repay less capital than the total amount drawn down. This fee is paid on the 30th of the month. 
    • A final installment of €96.74.
    • The total amount payable will be €1,691.74 and the resulting APR will be 25.31%.

    The fixed monthly amount may not be less than 3% of the drawn balance reflected in the "Credit Card Account" statement before settlement, plus the interest generated during the corresponding monthly settlement period and the relevant fees.

Personalized payment

  • This system allows you to defer the payment of a purchase made with the Card or the balance drawn down on your card after the monthly settlement date, provided the amount is equal to or greater than €50. Payments will be for a fixed amount (that includes capital and interest) and will depend on the term you choose, within a minimum of 7 and a maximum of 36 payments. Personalized payments are settled on the last business day of each month. 

    Personalized payment With Interest 

    €45 annual credit card issuance and maintenance fee

    Interest rate: 18% annually 

    Credit limit €1,500 

    If your card has a credit limit of €1,500 and you spend the entire amount in a single purchase on the day you take out the card (for example on May 1) and choose to pay it over 12 months, you will pay:

    • The first installment will be €67.93, including only interest and the full amount of the annual credit card issuance and maintenance fee (which is €45).
    • the following 11 payments will be for €148.94 each.

    The total amount payable will be €1,706.27 and the resulting APR will be 26.17%

    Personalized payment With Fee

    €45 annual credit card issuance and maintenance fee 

    Deferral fee: 2.9%, 3.6% 4.3% or 5% on the amount deferred, depending on the period chosen (3, 4, 5 or 6 months). 

    Credit limit €1,500 

    Below are some examples of personalized payment methods with a fee over between 3 and 6 months, as they represent the maximum and minimum APRs, respectively. The NIR is 0% in all cases. 

    If your card has a credit limit of €1,500 and you spend the entire amount in a single purchase on the day you take out the card (for example on May 1) and choose to pay it over 6 months, you will pay: 

    The first installment will be of €370 and includes the corresponding portion of the capital, the deferral management fee (which is 5% of the amount financed) and the total amount of the annual credit card issuance and maintenance fee (which is €45).

    The following 5 payments will be Euros 250 each. 

    The total amount payable will be €1,620 and the resulting APR will be 32.60%

    If your card has a credit limit of €1,500, you use the entire limit to make a purchase on the same day that you sign up for the card (e.g. May 1) and choose to pay it over 3 months, this is what you will pay:

    The first payment will be for €588.50, which includes the part associated with the principal, the deferral fee, which is 2.9% of the financed amount, and the total amount of the annual card issue and maintenance fee, which is €45. 

    The next 2 installments will be €500 each. 

    The total amount payable will be €1,588.50 and the APR will be 43.15%.

    This system applies only to each specific settlement for which it is requested.