Partial payments
Thanks to the option of making partial payments of your invoice, combined with the card not having a fixed upper purchase limit, you can make a larger purchase and then allocate the expense over several months.
Having a credit limit* means the option of choosing a limit on how much of your invoice you will be able to pay. You decide the amount you want to pay on the invoice each month (a minimum of 3 or EUR 30 per month).
There is no extra charge for the ability to pay in partial payments, and you only pay an interest on those months where you actually choose not to pay the whole amount. On your invoice it is clearly stated what the minimum amount to pay is, the rest can be postponed for future invoices.
About partial payments
- You can choose a partial payment limit ranging from EUR 1,000 to 10,000 (not higher than 10 % of your annual income).
- You choose how much you want to pay when the invoice arrives, at least 3 % or EUR 30 per month of the invoice total amount, as long as the amount is within the partial payment limit. Of course, you can pay the entire invoice at once whenever you wish.
- You only pay interest from the day you start with partial payment, which means you pay interest from the day the invoice is due - not from the date of purchase.
- There is still no fixed upper purchase limit for how much you can purchase with your card, even if you choose a partial payment of your invoice.
*The partial payment limit of Eurocard Gold is 1.000–10.000 euro. The interest rate for a credit in use is 3 month euribor + 7 %.