Cards
1. Your card with no issuance or maintenance fees
You will only pay for the credit you use
2. Store it on your mobile
Compatible with both iOS and Android
3. Make withdrawals
Through Online Banking or the Grupo Cajamar App.
And also from any ATM or by calling 900 813 576.
4. Your monthly payment adapts to you
Pay an affordable fixed monthly instalment that you can amend whenever you need to, with a simple phone call, at no cost and as many times as you want with its revolving mode (minimum monthly payment of 4% of the current limit of your line of credit).
You can pay off your debt at any time with no charges or fees, and your credit will become available again as soon as your repay your debt.
At the end of it all. Remember, choosing lower instalments could lead to a longer repayment term and ultimately a higher amount of interest.
On the Bank of Spain’s Banking Customer Website, you can carry out simulations to know which date you will finish repaying the debt of your revolving card and the amount of interest paid. Revolving simulator on the Bank of Spain's website.
Credit card issued by Cajamar Caja Rural and linked revolving credit line granted by GCC Consumo Establecimiento Financiero de Crédito, S.A. Subject to prior authorisation, study of the documentation provided, and signing of the contract.
This payment method allows you to draw on your available line of credit and repay any credit used through a monthly instalment, which you can change at any time at no cost, choosing an amount that best suits your needs and interests, as long as it complies with the minimum amount established by the bank. This instalment amount is calculated based on the percentage you have chosen, with a minimum of 4.00% applied to your current line of credit. This method of payment involves the payment of interest.
The selected monthly payment is intended for the payment of contractual interest and partial repayment of the drawn-down capital.
Representative example of a revolving payment arrangement for €1500, with monthly payments of €43.28 over a period of 47 months plus a residual monthly payment of €43.41. NIR 17.00% APR 21.05%. Total amount repaid €2.137,57. Interest €577.57. Total cost of the credit €637.57. French amortisation system. This provision carries a fee of 4.00% ( €60), which is included in the calculation of the APR and will be charged separately in the first instalment.
Representative example calculated according to Order ETD/699/2020, of 24 July, regulating the revolving payment method. It may not be representative at all times of the instalment amount, the repayment period or the other conditions offered. Please note that instalment amounts may vary depending on the approved amount of the line of credit, other draw-downs you make, the period in which you repay the amounts drawn down, and taking into account that the minimum instalment amount is 4.00% of your current line of credit.
The chosen instalment influences the total cost of the credit and the period in which it is repaid; the higher the instalment amount, the less interest you will pay and the quicker you will repay it.
Remember to use your credit line responsibly considering your monthly income, fixed expenses and payment of other products you may have. Overreliance on financing carries a risk of over-indebtedness with long-term consequences that can affect your financial planning.
These will be subject to the commercial offer and conditions determined by the bank and for certain products.
These payment methods mean that the payment of the amount of the purchase made, charged to the available amount of the line of credit, is distributed over time by means of periodic instalments, with a specified period, and at the end of this term, the full credit corresponding to that use will be repaid. In this case, the bank will make available to you all the information related to the amount, number of instalments, NIR, APR, fees, charges and other related information, before you make use of the credit line in any of these modalities.
In addition, through the Plazox*, system, customers can defer payment on purchases made in stores charged to the available balance of the card, under different financial conditions from the revolving payment system..
You can defer any amount from €60 or €100, depending on the sector, and each retailer can also establish a higher amount. Representative examples of a single purchase in store of €1500 with deferred payment mode and financed fee:
Right of withdrawal: You have 14 calendar days to inform the bank that you wish to withdraw from your credit or loan agreement as of the date you sign the agreement or, if later, from the moment you receive the contractual conditions and the mandatory information established by law.
You can withdraw from your contract without having to give any explanations and without penalty by contacting the bank in any of the following ways:
If you exercise your right of withdrawal, you must repay, without undue delay, no later than thirty (30) calendar days after you have sent the withdrawal notification, any amounts drawn down from your line of credit plus the daily interest accrued on that amount, calculated at the applicable contract rate, from the date of the draw-down until the effective date of capital repayment.
If you have queries, please find attached a document adequately summarising the Adequate explanations about the characteristics of the credit line(in Spanish) (PDF 355,14 KB.) and the Economic consequences of your revolving credit line agreement(in Spanish) (PDF 97,11 KB.).
Now you can sign for any operations you perform with your mobile signature.
Switch it off from the App and switch it back on when you find it..
You will receive free notifications with every transaction.
Revolving credit is defined as consumer credit that charges interest and is either of an indefinite duration or of a defined duration that is automatically extendible, granted to natural persons in which the credit provided is not fully repaid at the end of the agreed period. So, the credit limit available decreases as you draw on it, mainly through the acquisition of goods or services, cash withdrawals, or transfers of the credit granted. In turn, the borrower will make monthly payments (revolving payments) that correspond, in this order, to the following concepts: payment of interest (remuneration), fees, expenses, compensation and capital repayments.
Yes, you have 14 calendar days to inform the institution that you wish to withdraw from your credit agreement from the date it was signed or, if later, from the receipt of the contractual terms and the mandatory information required under the applicable regulations at any given time.
You may withdraw from your contract without giving any reason and without penalty by contacting the institution in the following ways:
If you exercise your right of withdrawal, you must reimburse, without undue delay and no later than thirty (30) calendar days from the date of sending the withdrawal notice, the amount of any drawdowns made on your credit line and the daily interest accrued on that amount, calculated at the applicable contract rate, from the date the credit was drawn down until the date the capital is effectively repaid.
You can cancel your card through our Customer Service Department by calling 91 048 30 30.
The card settlement statement (or Billing) includes all details of the transactions according to the card’s payment method: Deferred Payment or Revolving payment mode, as well as the status and the available and drawn amounts of the credit line.
You will receive this statement monthly.
You will receive periodic information on a quarterly basis regarding the status of your credit, and if at any time you wish to request it in paper format, you may do so by calling 91 048 30 30.
Additionally, if you wish, you may request at any time the information specified in section 1 of Article 33 sexies of Order EHA/2899/2011 regarding your credit under the revolving payment modality. The institution will provide this information within a maximum period of five business days. Specifically, you may request detailed information on the amounts paid and the outstanding balance to date, or an amortization schedule with the installment applicable at that moment, among other information related to your credit.
To request this information, you can do so by calling 900 813 576.
The settlement of your card balance will take place between the 26th of the month and the 25th of the following month. The revolving installment will consist exclusively of interest and principal. Payments made will be allocated, first, to cover the amount of interest; second, to the repayment of principal; and third, to the payment of any applicable fees and expenses.
The credit has an indefinite duration, and as long as you continue to make drawdowns, statements will continue to be generated.
The statement will be submitted for payment between the 1st and the 5th of each month.
To request a transfer of the available balance from your card to your account, you can do so in the following ways:
Please note that all cash withdrawals made at any ATM or transfers are subject to a 4% fee on the amount withdrawn, with a minimum charge of €3.
Applying for credit should be a carefully considered decision on your part as a customer, and you should be sure that you will be able to meet the repayment of the credit installments. If, for any reason, you are unable to make the monthly payment of your financing, the institution may charge you the expenses incurred in carrying out actions to recover the unpaid debt.
These expenses are called “charges for the recovery of overdue positions” and their amount is set out both in the pre-contractual information provided to you before signing the agreement and in the contract itself.
Furthermore, if at least three consecutive monthly installments of your credit line, or the final installment, remain unpaid, the institution may declare the agreement due early and require payment of the entire outstanding principal, together with accrued and unpaid interest, as well as any applicable fees and expenses.
Finally, you should bear in mind that by signing the contract, you assume a payment obligation with the institution, and failure to comply may have serious consequences, such as legal action to recover the debt or the possibility of being listed in creditworthiness and asset solvency databases, which may hinder your ability to obtain financing in the future.
You can change your monthly repayment as often as you need to, according to your personal circumstances at any given moment, always with a minimum monthly payment of 4% of your credit line, with the purpose of reducing the risk of excessively extending the debt repayment term. You can do so by calling our customer service line on 900 813 576.
You can fully or partially repay the balance on your line of credit, without any early repayment fees.
The Cajamar Consumo card is issued by Caixa Rural d'Alginet and the line of credit is granted by GCC Consumo Establecimiento Financiero de Crédito, S.A.
* The Plazox service will not be available for purchases made in retailers associated with the following sectors: casinos, charity, massages and saunas, telephone top-ups, motorway tolls, and small purchases.
The minimum amount for an operation to be covered by this service will be €60 or €100, depending on the sector of activity. The minimum amount of €100 will apply to operations carried out in retailers associated with the following sectors: large food stores, petrol stations, supermarkets, pharmacies, drugstores and restaurants. The minimum amount of €60 will apply to operations carried out in retailers associated with the following sectors: travel agencies, hotels, passenger transport, jewellery stores, vehicle rentals, entertainment and shows, mail/telephone sales, retail, other large stores and other categories.
** Life Insurance provided by Cajamar Vida, S.A. de Seguros y Reaseguros. CIF. A-04465555, and other insurance products that are part of the insurance club provided by Cajamar Seguros Generales, S.A. de Seguros y Reaseguros. CIF.A-04653556, Generali España, S.A., de Seguros y Reaseguros, CIF-A28007268. Brokered by Cajamar Mediación, Linked Banking-Insurance Operator, S.L.U., CIF B-04428223, Calle Ciudad Financiera, 1 04131 – Almería, entered in the Special Administrative Register of insurance brokers, reinsurance brokers and their senior executives, held by the Directorate General of Insurance and Pension Funds (DGSFP) with registration code OV0014. It has public liability insurance policy in place in accordance with art. 152, point 1,(g) of Royal Decree-Law 3/2020, of 4 February, regarding urgent measures. View the insurers with which the Linked Banking-Insurance Operator has an agency contract in place.
