Here, we've gathered everything you need to know about part payment of Eurocard invoices.
Frequently asked questions and answers
Who can sign up for partial payments?
Do you want to make partial payments and have a private Eurocard? Then you can choose to pay your invoice in part.
You can also choose partial payment if you have a Eurocard Corporate Gold or Eurocard Corporate Platinum with personal payment liability, provided that your employer has a partial payment agreement for its employees.
To pay part of the invoice, you must have a credit limit for your card. Apply for a credit limit and get an answer right away by logging in to My Eurocard.
What is a credit limit?
To pay your invoice in part, you must have a credit limit for your card. You only pay interest for the months that you choose not to pay the full invoice amount.
You can choose a minimum credit limit of NOK 10,000 (max. 15% of your annual income).
Your Eurocard still comes without a purchase limit.
How do I apply for partial payment services?
If you wish to use our partial payment services for your invoices, or if you want to change your credit limit, you can easily apply for this via our app or by logging in to My Eurocard.
How much of my invoice can be paid in part?
If you have a part payment, you can choose how much you want to pay when the invoice arrives, as long as the minimum amount of 1/60 part of the outstanding balance (min. NOK 450) is paid. The minimum amount is stated in the invoice. Remember that the interest charge become lower the larger payments you make each month.
If you have exeeded your credit reserve, this amount must also be paid, as you can only pay the amount within the credit reserve.
How much does it cost to make partial payments on my invoice?
When it comes to partial payments, it doesn't cost extra to have a credit limit, and you only pay interest on the months where you choose not to pay the full invoice amount.
Under price and terms, you can read more about rates that apply to your card, and see a calcuation example of effective interest rates when choosing partial payment.