American Express Blue
Payment in instalments with no interest and deferred payment of up to 45 days
American Express credit card can be used for payment of goods and services as well as cash withdrawal in the country and abroad, at any and all locations bearing the American Express logo.
It allows the use of several flexible payment options while providing many other benefits, including longer term of deferred payment without interest and Selects rewards program consisting of numerous discounts and benefits worldwide.
It is accepted at more than 20,000 sales outlets throughout Serbia, and the number of retailers that join our acceptance network increases each and every day.
More informations on: https://www.americanexpress.com/serbia/en/homepage.shtml
- American Express Blue
- Representative example
- PAYMENT IN INSTALLMENTS WITHOUT INTEREST in more than 6,000 stores across the country with which the bank has a business cooperation agreement. The total amount of the transaction is divided into equal monthly instalments, and as such is completely interest-free. The number of instalments is agreed upon with the retailer (with a maximum of 12). The first instalment is due for payment in full immediately with your next monthly statement. All subsequent instalments are due in full via the statements in the coming months, depending on the number of instalments, and are entirely interest-free.
- DEFERRED PAYMENT WITHOUT INTEREST UP TO 45 DAYS at any retail outlet in the country and abroad.
- REVOLVING CREDIT allows you to settle the minimum monthly commitment fee in the sum amount of 5% of the remaining debt, accrued interest, fees and other charges, while the interest rate is calculated on the remaining amount of debt. The minimum amount of 5% is calculated on purchase transactions at retail locations and ATM cash withdrawals, while the membership fee, interest, other fees, instalments, and charges for cash withdrawals at ATMs are charged in full on a monthly invoice. A fixed interest rate in the amount of 18.43% per annum is calculated on the amount of debt in dinars (Effective Interest Rate on an annual basis from 19.18%), while a fixed interest rate in the amount of 12.60% per annum is calculated on the amount of debt in euros (Effective Interest Rate on an annual basis from 13.33%). Interest rate is calculated by using a compound interest method. Domestic expenditure is calculated in dinars, while expenditure made abroad is calculated in euros. The deadline for the settlement of the minimum monthly commitment falls on the 15th of the month. Commitments can be settled via Banca Intesa On-line service, Intesa Mobi service, standing order, payment in person at the Banca Intesa or terminals of other banks as well as the Post Office. If you prefer, you can pay an amount that is greater than the minimum monthly commitment or pay the total amount of liabilities.
Example of the minimum monthly commitment calculation:
|Transaction||Amount in RSD|
|1. Purchase at the POS terminal||10.000,00|
|2. Cash withdrawal at the ATM||5.000,00|
|3. Purchase in instalments (6,000 in 3 instalments)||2.000,00|
|4. Membership fee||150,00|
|5. Cash withdrawal commission||150,00|
|Monthly commitment (5% to items 1+2) +(3+4+5)||3.200,50|
Type of loan
Revolving credit card – American Exspress Blue
Currency in which the limit is approved
Criteria for indexing
Dinar equivalent per NBS average exchange rate on the funds withdrawal date
The loan amount
100 – 5000 EUR
The repayment period
Effective interest rate on an annual basis
2 bill of exchange
Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate
Annual membership fee
2 bills of exchange
Credit Bureau report
|Type of loan||Revolving credit card – American Blue Express|
|Criteria for indexing||Dinar equivalent per NBS average exchange rate|
|The loan amount||5.000 EUR|
|The repayment period||36 months|
|First Instalment Amount *|| |
if the entire limit is spent in EUR
(on an annual basis)
|Effective interest rate on an annual basis|
|Costs which are borne by the user, are known at the time of publication and are included in the calculation of the effective interest rate|
|Annual membership fee||1.800 RSD|
|Credit Bureau report||246 RSD|
|2 bills of exchange||100 RSD|
You can receive other calculations with this product in any of our Bank's branches.
Discover the world of privileges, discounts and benefits that American Express chooses for you. Selects program can be used around the world on several thousand sale points: in restaurants, hotels, spas, car rentals and travel agencies around the world.
A detailed list of offers can be viewed on the following website http://www.amexnetwork.com/selects
Annual membership fee for American Express Blue credit card is 1.800 dinars for the basic card and 900 dinars for each additional card and is paid in 12 monthly instalments. Other fees related to this card can be found on the website of Banca Intesa within the tariff booklet.