Get paid anytime BBVA
Get your paycheck before it's deposited.
This example will make it clear
On January 23rd, 2021, your fridge breaks down and you don't want to wait until the beginning of the month to replace it. You advance your paycheck, let's suppose it's €1,500, and you'll pay it back in 6 months.
You would pay €250 a month for the next 6 months plus a one-time payment of €20 (and €0.70/month in postage). In total, you would pay €1,524.20.
In this example, the NIR is 0% and the APR is 5.26% (the APR was calculated taking into account postage expenses: €0.70 monthly).