With the Iberia Icon Credit Card, you can buy whatever you need and get flexible payment terms. Select the payment method you want and change it at any time.
For every €3 spent, get 1 Avios, redeemable for discounts on flights and hotels.
Add the card to your smartphone from the BBVA app and pay directly with your phone.
Yes, an annual credit card issuance and maintenance fee of €99 for the account holder and of €50 for the beneficiary. In the first year there is a 50% reduction on the fee in both cases.
You will not pay this fee if you finance a transaction over €50 or pay a monthly bill with the deferred payment method (Revolving), using this credit card and at least once a year.
With the personalized payment, 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:
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.
Example of personalized payment with interest:
You sign up for the Iberia Icon Card with a limit of €3,000. That same day, for example, November 12, 2023, you make a purchase for the same amount and choose to defer it over 12 months.This is what you would have to pay:
Example of personalized payment with fee:
Below are some examples of customised payment methods with a fee over 3 to 6 months. The NIR is 0% in all cases.
Sign up for the Iberia Icon Credit Card with a limit of €3,000. That same day, for example, November 12, 2023, you make a purchase for the same amount and choose to defer it over 6 months. This is what you would have to pay:
If you choose to defer it over 5 months, this is what you will have to pay:
If you choose to defer it over 4 months, this is what you will have to pay:
If you choose to defer it over 3 months, this is what you will have to pay:
This system applies only to each specific settlement for which it is requested.
The APR in these representative examples was calculated based on an amount greater than €1,500, since it is not possible to get this card with a €1,500 credit limit.
With a deferred revolving payment, you can pay a fixed amount of your card bill each month. This payment method charges interest.
The monthly payment settlement date is the last business day of each month. On the 5th of the following month, you will pay a fixed monthly amount that includes principal, interest and fees.
The minimum monthly amount is €12, and you can choose any higher amount.
The payment chosen is used to pay the interest and agreed expenses first, and then to repay the loan or the balance you draw down. Because of this, selecting lower payments could lead to a smaller proportion of the principal being repaid every month.
Once you take out the card, you can use both the BBVA app and bbva.es to calculate the repayment period based on your chosen payment method, as well as the total interest payable, if any.
You can also use the Bank of Spain's revolving card simulator to calculate the approximate total card payment or the final payment date, based on the amount and the payment method chosen.
Remember that you can change the payment method for your card whenever you want.
Example of deferred revolving payment with fixed amount
This example complies with the information requirements of Order EHA/1718/2010, which governs and controls the advertising of banking services and products, the conditions of which may not correspond to those of the contract.
If you make a purchase for €1,500 with a NIR of 21.60% and you choose to make a fixed monthly payment of €46.93, you would have to pay:
IMPORTANT: With the settlement system of the Iberia Icon Credit Card, it isn't always possible to repay the credit in 48 equal monthly installments because the minimum amount payable is 3% of the balance drawn. This means that every month, you will pay the higher of the following amounts:
If you get this card and on the same day, for example, November 12, 2023, you make a purchase for €1,500 and choose to make payments of €38 on the 5th of each month, the total amount payable over 48 months, assuming an NIR of 21.60%, would be €2,125.01. The APR will be 23.68%.
