DUO DEBIT CARD

The Duo Debit card has two sides, each of which has a different payment method. The “Pay now” side is issued with the debit payment method, and the “Pay in 4” side is issued with the deferred payment in four instalments method. The payment methods associated with each card cannot be changed.

• Pay now

  This is a debit card linked to the holder's current account. Payments are charged to the account instantly, which means that with this card you can only access the funds in your current account at the time.

• Pay in 4

  This enables payment of the entire statement balance in four (4) instalments, provided the sum of the purchases (including cash transfers to your account using the Smart Cash service) is €120.00 or more. The first instalment is a grace period with this payment method. (For example: if the sum of your spending in January is greater than or equal to €120, no statement is generated in January as it is the first month of the grace period, with the four instalments being charged in February, March, April and May).

  The agreed interest rate is applied to the principal drawn down. See "Annual nominal interest rate".

  The part of the monthly instalment used to repay the principal replenishes the customer's credit limit, so it is basically like a loan that is renewed on each settlement.

  If the amount spent is less than €120.00, this will be settled at the end of the month in the same way as the “End-of-month” side, with no interest (0.00% APR).

The maintenance fee of the “Pay Now” card is €30 per year for the card issued to the main cardholder and €30 for each additional card. No issuance fees.

The maintenance fee will be waived for the main “Pay Now” cardholder if at least once during the year immediately preceding its accrual they have deferred or split the repayment of any amounts drawn down from the “Pay in 4” card, using the payment-in-4-instalments method.

The “Pay in 4” card has no issuance or maintenance fees.

“Pay now” side: The monthly limit depends on the available balance in the current account linked to the card.

• For purchases: the daily limit is €5.000 and the monthly limit is €10,000.
• For ATMs: the daily limit is €1.000 and the monthly limit is €3,000.

“Pay in 4” side (at a generic level, depending on what is assigned for each customer):

• For purchases: The limit for purchases is a maximum of €3,000 per day and per month, depending on the available card balance.

1) Pay in 4: provided the sum of the purchases (including cash transfers to accounts using the Smart Cash service) is €120 or more. 20.55% NIR. (22.60% APR):

Example assuming that the contract remains in force for its entire duration and that the parties fulfil their obligations under the agreed terms and conditions.

Example for a €1,500 purchase with repayment over four months: NIR 20.55% and APR 22.60%. The first three instalments will be €391.19, and the final instalment will be €391.20. Total amount repayable: €1,564.77, of which €64.77 is interest. Total cost: 64,77€. French repayment system.

2) Smart Cash service: this service is only available on the “Pay in 4” side. There is no fee for the service and it is treated like any other purchase. In other words, if the amount transferred to the account is €120 or more, or, if it is less, the sum of the spending with this side of the card (including Smart Cash) is more than €120, the following are applied to the principal drawn: 22.55% NIR. (22.60% APR):

Example assuming that the contract remains in force for its entire duration and that the parties fulfil their obligations under the agreed terms and conditions.

Example for a transfer of €1,500 to an account with a four-month repayment period: NIR 20.55% and APR 22.60%, made up of three instalments of €391.19 and a final instalment of €391.20. Total amount repayable: €1,564.77, of which €64.77 is interest. Total cost: 64,77€. French repayment system.

If the amount transferred to the account is less than €120 and the sum including all other purchases with this side of the card (including Smart Cash) is less than €120, it will be charged to the account at the beginning of the following month, with no interest (0.00% APR).

“PAY NOW” SIDE: ACCIDENT INSURANCE (AF5)

“PAY IN 4” SIDE: ACCIDENT INSURANCE (AF3) AND TRAVEL INSURANCE (V3).

The expiry date is the same for both cards and is shown on both of them.

• When you present your card to a point of sale terminal (POS), you pay using the “Pay now” side. In other words, you are paying with a debit card, and it is charged to your current account immediately. But remember you now need to enter your PIN for purchases over 50 euros. For your security, if the amount reaches €150 without you entering your PIN, the system will ask you to enter it.
• To pay with the “Pay in 4” side, you must always insert your card into the terminal and select it on the screen.

Yes. You can use the “Pay now” side to withdraw cash by debit from more than 17,000 cashpoints, with no fees: any Bankinter ATM or those of any the following companies: Grupo Cajas Rurales, Deutsche Bank, Grupo Cajamar, Laboral Kutxa, Banca March, Targo Bank, Euro Automatic Cash, Euronet and the entire Euro 6000 ATM network, CajaSur Banco, EVO Bank, CECABANK, Cashzone, Caixa Ontinyent, Colonya Caixa Pollença, ABANCA, Ibercaja, Kutxabank and Unicaja.