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Can I defer the payments on my card?

Of course, because the Premium Visa Credit Card adapts to your needs.

  • Deferred payment: 

Defer the payment of what you spend with fixed or variable repayments. The minimum you can defer is 10% of the credit limit of your card, with a minimum repayment of €30.

The interest rate for “Deferred payment” is 0,95% monthly, 11,39% annual NIR (APR 12,00%).

Example for a purchase of €1,500 made on the 1st of the month, with a deferred 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 terms and conditions of the contract. Annual nominal interest rate: 11,39%;  APR 12,00%; 11 repayments of €132.85 and a final repayment of €132.81. Total amount of the credit: €1,500. Total amount owed: €1,594.16. Total cost of the credit: €94.16. The calculation takes into account the amount of the fee for issuing the card, which is €0. This example does not anticipate the existence of new uses of the credit line at this time, nor incidents with payments

  • Defer your purchase:

You can split any of your purchases over €60 into various instalments,  between 2 and 36 months 

The interest rate for “Defer your purchase” is 0,79% monthly, 9,57% annual NIR (APR 10,00%).

Example: For a DEFERRED PURCHASE of €1,000 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 terms and conditions of the contract. 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 credit: €1,000. Total amount owed: €1,052.59. Total  cost of the credit: €52.59. The APR and total amount that you must pay are calculated on the assumption that the contract will remain in force for its entire duration and that the Parties fulfil their obligations within the agreed conditions and deadlines.

  • Pay later:

You can delay all or part of the card payment at the end of the month for one month. The minimum to delay is 3% of the total bill and/or €25.

The monthly interest rate for “Pay later” is 0,79% monthly, 9,57% NIR (APR 10,00%).

Example: For a “Pay Later” the following month of €1,000 at a nominal annual interest rate of 9,57%; APR 10,00%. The calculation of interest assuming 31 days of deferment of the repayment until the following settlement is €7.97, assuming a total amount of the credit: €1,000.00. Total amount owed: €1,007.97. Total cost of the credit: €7.97. The APR and total amount that you must pay are calculated on the assumption that the contract will remain in force for its entire duration and that the Parties fulfil their obligations within the agreed conditions and deadlines.

If you choose the full payment option, you will make a single payment, without interest or fees, of the full amount charged to your card and it will be settled in your account each month.

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