American Express Green with a 100% deposits

Pay in instalments with no interest and with deferred payment of up to 45 days

American Express® Green credit card with a 100% deposit is a prestigious internationally valid credit card. Limit for consumption per credit card is approved on the basis of termed funds on a dedicated deposit account. The minimum deposit amount is 500 EUR, and maximum is 10,000 EUR.

During the first year you do not pay annual membership fee for this card, you have a longer period of deferred payment without interest and and participate in the Selects rewards program consisting of numerous discounts and benefits worldwide.

More informations on: https://www.americanexpress.com/serbia/en/homepage.shtml

  • Benefits
  • American Express Green
  • Representative example

This credit card provides:

  • FREE ANNUAL FEE FOR THE FIRST YEAR OF USE
  • CREDIT LIMIT EQUAL TO THE DEPOSIT
  • Calculation of interest rates according to the current interest rate on the placed deposit
  • PAYMENT IN INSTALLMENTS WITHOUT INTEREST in more than 5,000 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 (The effective interest rate cannot be calculated because the deposit of equal or greater value than the amount of credit limit is included in the calculation), while a fixed interest rate in the amount of 12,60% per annum is calculated on the amount of debt in euros (The effective interest rate cannot be calculated because the deposit of equal or greater value than the amount of credit limit is included in the calculation). 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 and 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.
  • GREEN PACKAGE TRAVEL INSURANCE: With Banca Intesa American Express Green Card you get a free Generali travel health insurance card for the whole world offering assistance and support on your travel, provided by Europe Assistance, and that all embassies accept as proof of health insurance which they require when granting visas. This insurance package also applies to members of your immediate family when they travel with you. For users of American Express Gold Card this insurance also covers accidents on ski-trip vacations.

·SELECTS PROGRAM – numerous privileges, discounts and benefits worldwide designed specifically for the users of these credit cards chosen for you by American Express. This program can be used around the world in several thousand retail locations: restaurants, hotels, spa centers, rent-a-car and tourist agencies.

A detailed list of offers can be seen on the website http://www.amexnetwork.com/selects%20

Annual membership fee for Banca Intesa American Express® Green credit card with a 100% deposit from the second year of use is 2,400 dinars for the basic, and 600 dinars for an additional card. The membership fee is paid in 12 monthly instalments. Other fees related to this card can be seen on the website of Banca Intesa within the tariff booklet.

Type of loan

Revolving credit card – American Express Green with a 100 % deposit

Currency in which the limit is approved

EUR

Criteria for indexing

Dinar equivalent per NBS average exchange rate on the funds withdrawal date

The loan amount

500 – 10.000 EUR

The repayment period

36 months

Deposit

100%

Interest rate

  • 18.43% on an annual level for consumption in RSD, fixed
  • 12.60% on an annual level for consumption in EUR, fixed

Effective interest rate on an annual basis

  • The effective interest rate cannot be calculated because the deposit of equal or greater value than the amount of credit limit is included in the calculation

Security instruments

/

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

Credit Bureau report

246 RSD

Costs borne by the user and are not known at the moment of publication

No additional costs


Type of loanRevolving credit card – American Express Green with a 100 % deposit
Loan currencyEUR
Criteria for indexingDinar equivalent per NBS average exchange rate
The loan amount10.000 EUR
Deposit10.000 EUR
The interest rate on the deposit/
The repayment period36 months
Interest rate
(on an annual basis)
  • 18.43% for consumption in RSD, fixed
  • 12.60% for consumption in EUR, fixed
Effective interest rate on an annual basisThe effective interest rate cannot be calculated because the deposit of equal
or greater value than the amount of credit limit is included in the calculation
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
Credit Bureau report246 RSD

* the amount of the first revolving instalment is 5% of the realized expenditure in the first accounting period and therefore does not include interest (interest for the first accounting period is not calculated), while each following revolving instalment represents the sum of 5% of the remaining debt (minimum 100 RSD / 5 EUR), the total amount of accrued interest, related fees and the amount of due instalment in case of payment in instalments. Each instalment that is related to a purchase in instalments is due for payment in full starting from the first accounting period upon the completion of the purchase, and enters into the minimum monthly obligation for payment, while the revolving interest is not calculated on it.

You can receive other calculations with this product in any of our Bank 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

You get a free
Generali health insurance card with assistance and support of Europ Assistance.

Annual membership fee for Banca Intesa American Express® Green credit card with a 100% deposit from the second year of use is 2,400 dinars for the basic, and 600 dinars for an additional card. The membership fee is paid in 12 monthly instalments. Other fees related to this card can be seen on the website of Banca Intesa within the tariff booklet.

Required documents