American Express Green credit card intended for members of the Serbian Medical Chamber

This credit card provides:

• NO MEMBERSHIP FEE FOR THE FIRST YEAR OF USE
• 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 of 19,38%), 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 of 13,54%). 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.

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	183,33
5. Cash withdrawal commission	150,00
6. Interest	300,00
Total debt	17.633,33
Monthly commitment 5% to items (1+2)+3+4+5+6	3.383,33

• GREEN PACKAGE TRAVEL INSURANCE: With Banca Intesa American Express Green Card you get a free 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.

* For insurance cards issued with date of begining until 28.02.2018

• 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

Annual membership fee is 2200 RSD for the basic card and 1,000 RSD for an additional card (users are exempted from paying the membership fee for the first year), and it is paid in 12 monthly instalments. Other fees pertaining 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 Medical Chamber
Loan currency	EUR
Criteria for indexing	Dinar equivalent per NBS average exchange rate
The loan amount	3.000 EUR
Deposit	/
The repayment period	36 months
First Instalment Amount *	16.799,69 RSD if the entire limit is spent in RSD 150.00 EUR if the entire limit is spent in EUR
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 basis	19.38% for consumption in RSD 13.54% for consumption in EUR
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	2.200 RSD
Credit Bureau report	246 RSD
2 bills of exchange	100 RSD

(*)the amount of the first revolving instalment is 5% of the realized consumption 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.

Annual membership fee is 2200 RSD for the basic card and 1,000 RSD for an additional card (users are exempted from paying the membership fee for the first year), and it is paid in 12 monthly instalments. Other fees pertaining to this card can be seen on the website of Banca Intesa within the tariff booklet.