Credit cards enable you to make payments up to a predefined limit. What are the withdrawal and payment limits?
Payments made using a credit card are recorded on your credit card statement on a monthly basis. These periods are fixed in advance for the whole year. Your current account is generally debited at the start of the following month. When are credit card statements paid?
You can check the balance of your card using the BILnet or BILnet Mobile web banking services at any time.
Finally, two payment options are available to you:
Payment in full: the full amount of purchases shown on the monthly statement is debited from the current account linked to the card.
Payment in instalments: 10% (min. €50) of the full amount of purchases shown on the monthly statement is debited from the current account linked to the card. The remaining balance may be repaid at the holder’s discretion by bank transfer. This balance is subject to a monthly interest rate of 1.25%. N.B.: The card limit is reduced by the amount that remains unpaid.
Please contact the BIL Client Care Center at +352 4590-5000 should you require any further information regarding these different payment options.
