Payment in instalments
Credit cards from MasterCard and VISA programs enable you payment without interest in several monthly instalments at the points of sale all over the country with which Banca Intesa has a business cooperation agreement. Depending on the point of sale and the amount of transaction executed, the number of instalments can be from 3 to 12. The credit limit on your card is, immediately after the transaction is executed, decreased by its total amount.
As for Master Card and Visa credit cards, the installments shall fall due every 10th in a month, for American Express credit cards, every 15th in a month in the initial amount and as such they will fall due free from interest. Your credit card monthly statement will show the amount of the installment falling due for payment, and in the description part the concerned installment will be marked.
Payment in installments using American Express credit cards is different relative to Master Card and Visa credit cards, and it functions in the following way:
- The first rate fall due for payment in full, promptly along with the next monthly statement
- All next installments fall due in full through the statement, in following months depending on the number of installments and are fully free from interest
Example of paying in installments using American Express credit cards:
| Transaction | In RSD |
| 1. Purchase in 3 installments | 30,000 |
| 2. Amount of installment (30.000/3) | 10,000 |
| 3. Monthly fee | 200 |
| Minimum amount for payment on the statement: | |
| 5% on the item 1 + full installment from the item 3 | 10,000+200 |
| Total: | 10,200 |
You can settle your instalment in total (through Banca Intesa On-line or at the Bank’s counter) or through a minimum payment amount (indicated on the credit card bill).