Facts FOREX Credit card
Facts: With FOREX Credit Card you can make payments and withdraw cash. Regular annual fee 225 SEK. Credit interest rate currently 15.24% (FEB), variable. For a utilized credit of 20,000 SEK, the effective interest rate is 15.36% when paying by e-invoice and the total amount to be paid is 21,560 SEK when paying by e-invoice. The amount is calculated based on an example where the credit is repaid in 12 months (average installment amount 1,797 SEK when paying by e-invoice) and that 39 interest-free days are utilized and that the credit is utilized without a fee for cash withdrawals. Cash withdrawals within the EU/EEA incl. Sweden cost 2% of the withdrawn amount, however a minimum of 40 SEK per withdrawal. Cash withdrawals outside the EU/EEA and at FOREX (ATM/store) are free of charge. The 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%. The minimum payment amount is, however, SEK 150, but no more than the debt on the account. The cancellation fee is SEK 29/paper invoice, SEK 0 if you use an e-invoice. The agreement is valid until further notice and the right of withdrawal applies. FOREX AB cooperates with Entercard Group AB and is a credit intermediary regarding the payment and credit card. Creditor: Entercard Group AB (corp. no. 556673-0585) 105 34 Stockholm. The company is supervised by the Swedish 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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