Credit Card Setting

Representative examples

Credit Standard

Example pursuant to Act No. 257/2016 Coll. (duration one year) Mastercard Credit STANDARD
Credit card limit CZK 30,000
Interest rate per month/year 1,58 % / 18,96 %
Card account administration fee*) CZK 40 per month
APR (annual percentage rate) 24,10 %
Total amount due from the client CZK 33,561
Monthly principal repayment (total 12) CZK 2,500

The 12 monthly interest payments on the loan are:

  1. 474,00
  2. 434,50
  3. 395,00
  4. 355,50
  5. 316,00
  6. 276,50
  7. 237,00
  8. 197,50
  9. 158,00
  10. 118,50
  11. 79,00
  12. 39,50

A credit limit is taken out for an indefinite period of time.

APR is calculated on the assumption that the credit limit is drawn down through cashless payment on the first day following the conclusion of the contract, provided for a period of 1 year, with the interest rate mentioned above, repaid in identical monthly instalments starting 1 month after the date of the first drawdown, no interest-free period applied, the fee mentioned above paid, and only electronic statements used.

*) If the card is included in selected Personal Accounts, the card account administration is free of charge.

Given the fact that credit cards are mostly provided for an indefinite period of time, repayment may be done through monthly instalments in different amounts and a so-called interest-free period may be used in this case; the preconditions of law do not usually materialise in practice and the figures calculated above and actual figures may vary.

Credit Premium

Example pursuant to Act No. 257/2016 Coll. (duration one year) Mastercard Credit PREMIUM
Credit card limit CZK 100,000
Interest rate per month/year 1,33% / 15,96%
Card account administration fee*) CZK 120 per month
APR (annual percentage rate) 20,2 %
Total amount due from the client CZK 110,085
Monthly instalment amount CZK 8,333.3

The 12 monthly interest payments on the loan are:

  1. 1330,00
  2. 1219,17
  3. 1108,33
  4. 997,50
  5. 886,67
  6. 775,83
  7. 665,00
  8. 554,17
  9. 443,33
  10. 332,50
  11. 221,67
  12. 110,83

A credit limit is taken out for an indefinite period of time.

APR is calculated on the assumption that the credit limit is drawn down through cashless payment on the first day following the conclusion of the contract, provided for a period of 1 year, with the interest rate mentioned above, repaid in identical monthly instalments starting 1 month after the date of the first drawdown, no interest-free period applied, the fee mentioned above paid, and only electronic statements used.

*) If the card is included in selected Personal Accounts, the card account administration is free of charge.

Given the fact that credit cards are mostly provided for an indefinite period of time, repayment may be done through monthly instalments in different amounts and a so-called interest-free period may be used in this case; the preconditions of law do not usually materialise in practice and the figures calculated above and actual figures may vary.

Call and pay

Call and Pay Service Terms

  • Client must be the primary cardholder
  • Card must have at least 6 months of transaction history since card activation
  • Minimum transfer amount = CZK 2000
  • Transfer is only possible to an account held in CZK

Complementary Services for Cards

TRAVEL Insurance

More information on TRAVEL insurance.

SAFE Insurance

More information on SAFE Insurance.

Useful information and documents

TERMS AND CONDITIONS OF EARLY LOAN REPAYMENT

You have the right to repay your credit card loan free of charge, at any time, in whole or in part.

CONSEQUENCES OF FAILURE TO COMPLY WITH OBLIGATIONS

  • If you exceed the credit limit, you are required to pay the fee for exceeding the credit limit set out in the Price List HERE.
  • If you do not pay any debt arising from the contract by the due date, you are obliged to pay the Bank, for the period of delay, in addition to the interest agreed in the contract, interest on arrears in the amount according to Government Regulation No. 351/2013 Coll., as amended. If you do not pay the due debt, we may apply some or all of the following measures: we may reduce your credit limit, temporarily restrict or block the use of your credit card, declare the entire receivable or part of it due, assign the receivable to any third party, apply a contractual penalty according to the Price List here, withdraw from this Application/Contract. You are also obliged to pay the fees associated with sending reminders and notices according to the Price List HERE.
  • Business Terms and Conditions