Pay later

When you defer your purchases
or payments this summer

Devolución del importe de tus compras

You can get cashback of up to €1,000!

Promotional code: COMGRATIS

Become a customer Más Info  

What’s the promotion?

This summer, save on your holidays! You can get cashback of up to €1,000 if you defer any purchase and/or payment on your account of €60 or more.

How can you take part in the promotion?

Simply:

  • Defer at least one payment or purchase equal to or greater than €60 between 3 June and 13 September 2019 (inclusively).
  • For every purchase and payment you defer, you get one entry in the draw.

Please note that:

  • You have to be an Openbank customer as of 25 September 2019 (inclusively).
  • You must be an individual, and over 18 years old.
  • You must be the main holder of a Current Account that is operationally “Active” and also an Openbank credit card.
  • You must have deferred at least one purchase or payment equal to or greater than 60 euros during the promotion period.
  • Deferred purchases with your Open Credit Card have an interest rate of 1.17 % nominal monthly (14.00 % annual NIR, APR 14.93 %)¹.
  • Deferred purchases 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.

 

1 Example of purchase in instalments with Open Credit Card 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, assuming that there are no more deferred purchases in that period and the contractual terms have not been breached. Annual nominal interest rate: 14.00%; APR 14.93%; 11 repayments of €89.79 and a final repayment of €89.77. Total amount of credit: €1,000. Total amount owed: €1,077.46. Total cost of the credit: €77.46. The APR and total amount that the holder must pay are calculated on the assumption that the contract will remain valid for its entire term and that the parties comply with their obligations on the terms and within the time frames agreed.

²Example of purchase in instalments with Premium Credit or Diamond Credit Card 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, assuming that there are no more deferred purchases in that period and the contractual terms have not been breached. Annual nominal interest rate: 9.57%; APR 10.00%; 11 repayments of €87.72 and a final repayment of €87.67. Total amount of credit: €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 valid for its entire term and that the parties comply with their obligations on the terms and within the time frames agreed.

The cashback is a cash capital yield subject to a 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:
COMGRATIS
Validity date of the promotion:
From 3 June 2019 to 13 September 2019
Deadline by which to meet the conditions:

September 13, 2019

Draw date:

September 25, 2019