Defer payments at Christmas

Defer your Christmas and Sales
payments and shopping

Defer your purchases

Get up to 5% cashback

Promo code:: APLAZA19

Become a Customer

What’s the promotion?

You can save with your purchases because you are an Openbank customer. When you defer any purchase and payment in your account over €60, in up to 36 months, you recover up to 5% of the amount (the maximum amount of the credit will be €30 net).

How can you take part in the promotion?

You just have to:

  • Own an Openbank credit card.
  • Register by clicking on “Join the promotion”, and enter the code APLAZA19 by 5 February 2019 (inclusively).
  • Defer payment of at least one purchase equal to or greater than €60 during the promotion period.

In March 2019 you will be paid up to 5% of the deferred amount, with a maximum of  €30.

If you don't have your credit card yet, you have several options:

  • Open Credit Card: apply for it for free and renew it for free if you arrange to have your payroll or pension paid into your account, have regular income of at least €900, use the card once a month or choose the Deferred Payment option. Otherwise, it will cost you €2 to renew the card each month. For more information, click here.
     
  • Premium Cards Pack: Pack of Debit and Credit Cards with more advantages and benefits. For more information, click here.
     
  • Diamond Cards Pack: Our most exclusive Debit and Credit Cards Pack with special benefits. For more information, click here.
     

Please note that:

  • For each deferred purchase/payment we will give you up to 5% cashback on the initial amount. The maximum cashback amount is €30 net of total/deferred purchases in the period.
  • You must be an individual, and over 18 years old.
  • Deferred purchases and payments with your Open Credit Card have an interest rate of 1.39% nominal monthly (16.67% annual NIR, APR 18.00%)¹.

Deferred purchases and payments with your Premium Credit Card or Diamond Credit Card have an interest rate of 0.79% nominal monthly (9.57% annual NIR, APR 10.00%)².

 

¹Example of purchase/payment in instalments with Open Credit of €1,000 over 12 months made on the 1st of the month, with a regular payment method involving a fixed repayment over 12 months, on the assumption that there are no more deferred purchases in that period and there is no breach of the contractual terms. Annual nominal interest rate: 16.67%; APR 18.00%; 11 repayments of € 91.05 and a final payment of € 91.03. Total amount of the loan: € 1,000. Total amount owed: € 1,092.58. Total cost of the credit: € 92.58. The APR and total amount that the holder must pay are calculated on the assumption that the contract will remain in force for its entire term and that the parties comply with their obligations within the agreed terms and deadlines.

²Example of payment in instalments with Premium Credit or Diamond Credit of €1,000 over 12 months made on the 1st of the month, with a regular payment method involving a fixed repayment over 12 months, on the assumption that there are no more deferred purchases in that period and there is no breach of the contractual terms. Annual nominal interest rate: 9.57%; APR 10.00%; 11 repayments of €87.72  and a final repayment of €87.67. Total amount of the loan: €1,000. Total amount owed: €1,052.59. Total cost of the credit: €52.59. The APR and total amount that the holder must pay are calculated on the assumption that the contract will remain in force for its entire term and that the parties comply with their obligations within the agreed terms and deadlines.

The bonus is a capital yield subject to a cash withholding of 19% that will be applied by the Bank and the remaining sum will be credited to the customer. The customer will declare this capital yield in their personal income tax return as savings, deducting the withholding applied.

Promotional code:
APLAZA19
Validity date of the promotion:
From 15 November 2018 to 5 February 2019
Promotion payment date:

March 2019

Promotion terms and conditions: