PRODUCT TYPE
Credit card in Kwanzas available for the acquisition of goods and services in a fast, convenient and secure way.
Features
Make purchases and payments both online and in merchants belonging to the Visa National and International network
Change and split payment with interest
Pay all your monthly expenses in a single installment the following month, benefiting from 20 to 30 days of interest-free credit
Make cash withdrawals at ATMs (Cash Advanced)
A complete, secured and detailed monthly statement of all transactions made with the Card
CONDITIONS OF USE
The use of the Visa Corporate credit card is limited to the amount available in the account associated with the card.
Applicable Fees
The fees and charges foreseen in the price list for Credit Cards apply
Tax
Fees and consideration for financial services are subject to a 14% VAT rate. Credit cards are exempt from Stamp Duty provided that the repayment of the credit is made without interest being paid, under contractually defined terms
However, whenever the use of credit cards generates interest for the Bank, the use of credit is subject to a 0,1% Stamp Duty on the monthly average obtained by adding the daily balance due, during the month, divided by 30. The interest charged is subject to a 0,2% Stamp Duty
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