(i) With the deferred payment (“revolving”) method:
a) For purchases: 17.52% N.I.R. (19.00% A.P.R.) b) For cash withdrawals on credit at ATMs: 17.52% N.I.R. (19.00% A.P.R.) c) For the Smart Cash service that allows you to transfer cash from your card to your current account with a charge to your credit line: 17.52% N.I.R. (19.00% A.P.R.).
This transaction will be paid along with all the other amounts drawn down and the economic conditions linked to your card payment method will be applied.
For example, assuming the contract remains in force for its entire duration and the parties fulfil their obligations under the agreed terms and conditions:
For purchases with the deferred payment (“revolving”) method, cash withdrawals on credit at ATMs and transfers of cash to your Smart Cash current account:
If you draw down €1,500 on the first of the month and it is financed under the deferred payment (“revolving”) method for 48 months, and provided that you do not use any more of the credit assigned to the card, with the fixed annual Nominal Interest Rate of 17.52% (A.P.R. 19.00%), you would pay a total amount of €2,096.88 (€1,500 for principal and €596.88 for interest) in 48 monthly instalments. The first 47 instalments would be €43.69 and the last €43.45, at the end of which you would have repaid the credit facility in full. Total cost €596,88. French repayment system.
This example would vary according to the instalment or percentage chosen.
(ii) Deferred payment method in stores: 17.52% N.I.R. (19.00% A.P.R.). The deferred payment service in stores lets you spreads the cost of a purchase over three, six, nine or 12 months at the store's POS terminal, with a minimum purchase amount of €60. For a purchase of €6,000 made on the first day of the month with the deferred payment in stores method, fixed instalments to be paid over 12 months and assuming there are no more drawdowns during this period. Annual fixed Nominal Interest Rate: 17.52%, A.P.R. 19.00%, with 11 monthly instalments of €548.71 and a final instalment of €548.73. Total amount payable: € 6.584,54, of which €584,54 is interest. Total cost: 584,54€. French repayment system.
(iii) For the end of month payment method: interest-free. 0.00% A.P.R.
(iv) For the Compra Smart payment method 17.52% N.I.R (19.00% A.P.R.). This is a special payment method available within the general end of month payment method that lets you split purchases of €90 or more between three to 36 months, with a minimum monthly instalment of €30.
Example for a Compra Smart purchase of €6,000 made on the first day of the month with a repayment period of 36 months at 17.52% N.I.R, 19.00% A.P.R.: the first instalment, which only includes interest, will be €87.60, the next 34 instalments will be €220.16 each, and the final instalment will be €220.36. Total amount repayable: €7,793.40, of which €1,793.40 is interest. Total cost €1.793,40. French repayment system.