BBVA Viajes+ Card

With the BBVA Viajes+ Card, you can buy whatever you need and get flexible payment terms. Select the payment method you want and change it at any time.

• Full payment: pay your monthly credit card bill on the 21st of the same month or the 5th of the following month.
• Deferred payment revolving: pay a fixed amount of the bill on the 21st of each month, with interest. You can also do so on the 5th of the following month, although you will have to pay interest on the amount until the payment date.

The BBVA Viajes+ Card includes insurance that covers most of the incidents you can encounter when traveling:

• Insurance for loss, damage or theft of luggage.
  
• Insurance for delayed or overbooked flights.
• Cancellation insurance (see insurance policy for conditions).
• Travel accident insurance of up to €760,000.
• Telephone interpreter service in English, French and German.
• ATM theft insurance.

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: 

· 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.

Example of personalized payment with interest:

· NIR: 18% annually.

· Credit limit: €1,500. 

· Annual credit card issuance and maintenance fee: €30. 

You take out the BBVA Viajes+ Card with a limit of €1,500. That same day, for example, May 1, 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 €52.19, which includes only interest and the annual credit card issuance and maintenance fee, which is €30.

· The next 11 installments will be for €148.94 each.

The total amount payable will be €1,690.53 and the APR will be 23.82%.

Example of personalized payment 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). 

· NIR: 0% yearly.

· Credit limit €1,500. 

· Annual credit card issuance and maintenance fee: €30. 

Below are some examples of customised payment methods with a fee over 3 to 6 months. The NIR is 0% in every case

You take out the BBVA Viajes+ 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 €355 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 €30.

· The next 5 installments will be for €250 each. 

· The total amount payable will be €1,605 and the APR will be 27.89%

If you choose to defer it over 5 months, this is what you will have to pay: 

· The first installment will be for €394.50 and includes part of the principal, the deferral management fee, which is 4.3% of the amount financed, and the annual credit card issuance and maintenance fee, which is €30.

· The next 4 installments will be for €300 each. 

· The total amount payable will be €1,594.50 and the APR will be 29.33%

If you choose to defer it over 4 months, this is what you will have to pay: 

• The first installment will be for €459 and includes part of the principal, the deferral management fee, which is 3.6% of the amount financed, and the annual credit card issuance and maintenance fee, which is €30.
• The next 3 installments will be for €375 each. 
• The total amount payable will be €1,584 and the APR will be 31.38%

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

• The first installment will be for €573.50 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 €30.
• The next 2 installments will be for €500 each. 
• The total amount payable will be €1,573.50 and the APR will be 34.67%

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