Interest Free Period
The interest free period may last up to 51 days from date of purchase or withdrawal. Avoid paying interest on purchase transactions and cash advances by paying off your account in full by the specified payment due date each month.
Dates
The Monthly Statement will be issued on the 2nd of each month or the next business day if this falls on a non-business day.
The Bank will not issue a Monthly Statement if no amount has been debited or credited to the Card Account since the preceding Monthly Statement was issued and if there is no outstanding balance due by the Cardholder in respect of the Card Account.
Furthermore, the Payment Date for Direct Debit Mandates is the 22nd of each month or the next business day if the 22nd falls on a non-business day.
Direct Debit & Additional Payments
Automatic monthly repayments into your Credit Card account are made from your chosen savings or current account. Choose the percentage of your running balance which you would like paid each month and this will be automatically deducted from your chosen current or savings account.
You are responsible for ensuring that there are enough cleared funds in the indicated current or savings account on the Payment Date to cover the Minimum Payment Amount every month. The repayment will not be effected if there is an insufficient balance on the Payment Date in which case, you will also incur charges indicated above.
Additional payments made between the statement date and payment due date may be made over and above the repayment made through this Direct Debit feature.
Investigation Fees on Disputed Transactions When you report an invalid or unauthorised transaction, the Bank will carry out a full investigation. If following an investigation by the Bank, the investigation results show that the report made was unfounded, you will be bound to pay the charges due to the Bank in relation to the disputed transaction, as indicated in this document.
Daily Limits
- Purchases – no daily limit
- Classic Visa – ATM Cash Advance - € 500
- Gold Visa – ATM Cash Advance - € 2000
- Visa Debit – ATM Cash Withdrawal € 500