Example of deferred payment with fixed amount:
This example complies with the information requirements of Order EHA/1718/2010, which governs and controls the advertising of banking services and products, the conditions of which may not correspond to those of the contract.
If you make a purchase for €1,500 with a NIR of 19.80% and you choose to make a fixed monthly payment of €45.49, you would have to pay:
- 48 monthly payments of €45.49.
- The total amount payable will be €2,183.52 and the APR will be 22.02%.
IMPORTANT: With the settlement system of the Aqua Máxima credit card, it isn't always possible to repay the credit in 48 equal monthly installments because the minimum amount payable is 3% of the balance drawn. This means that every month, you will pay the higher of the following amounts:
- The selected payment, consisting of principal, interest and fees.
- Or 3% of the credit drawn before settlement, plus the interest and fees for the period.
If you get this card and on the same day, for example, April 14, 2024, you make a purchase for €1,500 and choose to make payments of €37 on the 5th of each month, the total amount payable over 48 months, assuming an NIR of 19.80%, would be €2,072.24. The APR will be 21.53%.