Representative financing examples
(1) Classic Credit Card:
APR: 11.2%
Nominal Annual Rate (NAR): 8.000%; Annual fee for making the credit card available: €18.00, which corresponds to a monthly fee of €1.50. The first monthly fee is charged after the card subscription, and subsequent fees are charged within the following 30 days. The fee is waived whenever the customer makes total billing on the card equal to or greater than €150 in purchases, cash advances, and/or payment of services recorded in the card account in the 30 days prior to the monthly fee charge date. Transactions still in “authorization request” status are excluded, as they are not yet communicated and recorded in the card account. APR calculated for a credit example of €1,500 with a repayment term of 12 months.
(2) Gold Credit Card:
APR: 18.0%
Nominal Annual Rate (NAR): 11.000%; Annual fee for making the credit card available: €60.00, which corresponds to a monthly fee of €5.00. The first monthly fee is charged after the card subscription, and subsequent fees are charged within the following 30 days. The fee is waived whenever the customer makes total billing on the card equal to or greater than €250 in purchases, cash advances, and/or payment of services recorded in the card account in the 30 days prior to the monthly fee charge date. Transactions still in “authorization request” status are excluded, as they are not yet communicated and recorded in the card account. APR calculated for a credit example of €2,000 with a repayment term of 12 months.