An extra level of security for your online purchases

The card includes ATM robbery insurance, with the following conditions:

• The maximum indemnity limit is €600 per claim and card, and €1,200 per card per year.
• The insurance coverage extends for 15 minutes after the cash withdrawal is made.
• To receive the compensation, you must pay €30 as an excess.

No, you don't have to. Online stores like Amazon or Netflix let you enter your card details the first time you pay with it. Once you've entered the details, you don't have to re-enter a new CVV every time you make a purchase or pay for your subscription.

The first year, the Aqua Credit Card has no issue and maintenance fee.

After this time, this card will be part of the Adiós Comisiones Program, meaning you will have to check the requirements that you will have to meet to waive the issuance fee for one of the Cards you have associated to your account. 

When you withdraw cash on debit, that is, money available in your associated account, you will have to pay these fees:

• BBVA ATMs in Spain: 0%.
• ATMs of other banks in Spain: BBVA will charge the same fee as the owner of the ATM, which will be shown on the screen before the money is dispensed. 
• ATMs outside Spain: 4.5% (minimum €3).

When you withdraw cash on credit, that is, money from your card's credit, you will have to pay these fees:

• BBVA ATMs in Spain: 4% (minimum €4)
• ATMs of other banks in Spain: BBVA will charge the same fee as the owner of the ATM, which will be shown on the screen before the money is dispensed. The fee for withdrawing cash on credit at BBVA ATMs in Spain will also be added. 
• ATMs outside Spain: 5% (minimum €3).

A fee of 3% will be applied to the equivalent amount in euros for any transactions you make outside the eurozone, based on the exchange rate in effect for the payment systems on the corresponding settlement date.

Before the cash is withdrawn, the corresponding fees will always be displayed on the ATM screen.

 

With the personalized payment revolving, you can defer the payment of any purchase made with the card or the monthly amount owed, provided this amount is at least €50. 

The monthly payments will be for a fixed amount (which includes principal and interest if it is a personalized payment with interest, or principal and fees if it is a personalized payment with fee) and will depend on the term you choose, from a minimum of 3 months to a maximum of 36 months. This amount will be charged to the account on the 5th of each month. 

The first payment in both cases is different: 

• For a personalized payment with interest, it only includes interest.
• For a personalized payment with fee, a deferral fee is also included.

Once you take out the card, you can use both the BBVA app and bbva.es to calculate your monthly payment based on the repayment period you choose.

 

Personalized payment example revolving with interest:

• Interest rate: 18% annually.
• Credit limit: €1,500. 
• Yearly credit card issue and maintenance fee starting the second year: €43. See if your account contract allows you to waive this fee.

You take out the Aqua Credit Card with a limit of €1,500. That same day, for example, May 1, 2020, you make a purchase for the same amount and choose to defer it over 12 months. This is what you would have to pay: 

• The first installment will be for €65.19, which includes only interest and the annual credit card issuance and maintenance fee, which is €43.
  
• The next 11 installments will be for €148.94 each.
  
• The total amount payable will be €1,703.53 and the APR will be 25.75% (19.56% NDER).
  
• If you do not have to pay the annual credit card issuance and maintenance fee, the total amount will be €1,660.53 and the APR will be 19.52%.
  

Personalized payment example revolving with fee:

• Deferral fee: 2.9%, 3.6% 4.3% or 5% of the amount financed, depending on the period chosen (3, 4, 5 or 6 months). 
• Interest rate: 0% yearly.
• Credit limit €1,500. 
• Yearly credit card issue and maintenance fee starting the second year: €43. See if your account contract allows you to waive this fee.

You take out the Aqua Credit Card with a limit of €1,500.  That same day, for example, May 1, 2020, you make a purchase for the same amount and choose to defer it over 6 months. This is what you would have to pay: 

• The first installment will be for €368 and includes part of the principal, the deferral management fee, which is 5% of the amount financed, and the annual credit card issuance and maintenance fee, which is €43.
  
• The next 5 installments will be for €250 each. 
  
• The total amount payable will be €1,618 and the APR will be 31.96%.
  
• If you do not have to pay the annual credit card issuance and maintenance fee, the total amount will be €1,575 and the APR will be 19.07%.
  

If you choose to defer it over 3 months, this is what you will have to pay: 

• The first installment will be for €586.50 and includes part of the principal, the deferral management fee, which is 2.9% of the amount financed, and the annual credit card issuance and maintenance fee, which is €43.
  
• The next 2 installments will be for €500 each. 
  
• The total amount payable will be €1,586.50 and the APR will be 41.99%.
  
• If you do not have to pay the annual credit card issuance and maintenance fee, the total amount will be €1,543.50 and the APR will be 19.23%.

The settlement period starts on the 20th of the month and ends on the 20th of the following month. 

On the 20th of each month, a bill is issued for the total of all the purchases you made with your credit card during this period. If the 20th is not a business day, it will be issued on the preceding business day. 

You can choose the bill charge date: the 21st of the settlement month or the 5th of the following month, and you can change it at any time. Although if you opted for deferred payments, you will have to pay interest from the settlement date until the payment date.

If you change the debit date before the 20th of the month, it will take effect in that month's settlement. If you change it between day 20 and 30 of the month, the change will take effect in the settlement for the following month.

Deferred payments are settled on the last business day of the month. This day (30th or 31st), the bill corresponding to the settlement is issued, and then charged to the account on the 5th of the following month.

 

If that happens, you'll be able to use an additional 20%. A 3% fee will be applied to any additional amount that you use (minimum €6 and maximum €12).

With a debit card, you pay for your purchases immediately with the money in your account. With the credit card, you have a credit limit to buy on the spot and pay when it's best for you: the following month, in installments or with a fixed monthly payment.

The law requires us to give you this document with the pre-contractual information on the payment services of the Aqua Credit Card to help you better understand its terms and so you can make an informed decision.

It's also important to check the PSD2 European regulation on the security of credit card payments.