Facts FOREX Credit card
Fact: With the FOREX Credit Card, you can make payments and withdraw cash. Ordinary annual fee SEK 225. Credit rate currently 17.24% (October 2024), variable. With a used credit of SEK 20,000, the effective interest rate is 16.27% when paying with an e-invoice (19.90% with a paper invoice) and the total amount to be paid is SEK 21,648 when paying with an e-invoice (21,996 SEK with paper invoice). The amount is calculated based on an example where the credit is repaid in 12 months (installment amount on average SEK 1,804 when paying with e-invoice, SEK 1,833 with paper invoice) and that 39 interest-free days are used and that the credit is used without a fee for cash withdrawals. Cash withdrawals within the EU/EEA incl. Sweden costs 2% of the withdrawn amount, but at least SEK 40 per withdrawal. Cash withdrawals outside the EU/EEA and at FOREX (ATM/shop) are free of charge. Currency exchange surcharge is 0% on the exchange rate. If the entire account debt is not paid at once, the account debt must be repaid through monthly payments of at least 3%. However, the payment amount is at least SEK 150, but at most the debt on the account. The airline fee is SEK 29/paper invoice, SEK 0 if you use an e-invoice. The agreement is valid indefinitely and the right of withdrawal applies. FOREX AB cooperates with Entercard Group AB and is a credit intermediary regarding the debit and credit card. Creditor: Entercard Group AB (org. no. 556673-0585) 105 34 Stockholm. The company is under the supervision of the Financial Supervisory Authority.
Fee partial payment
SEK 57 per month, example for a purchase of SEK 10,000. 6 months: effective interest rate, 12.27%, total amount to pay SEK 10,342, monthly amount SEK 1,724. 12 months: effective interest rate, 13.12%, total amount to pay SEK 10,684, monthly amount SEK 890. 24 months: effective interest rate, 13.38%, total amount to pay SEK 11,368, monthly amount SEK 474.
Short legal text
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