SEPPE
Overall APR example for Olympiacos F.C. Visa Gold
Interest rate for purchases
15,95% + 0,60%
The overall Annual Percentage Rate (APR) is calculated based on the provisions of Joint Ministerial Decision Z1-699/2010 of the Ministers of Finance, Economy, Competitiveness and Shipping, and Justice, Transparency and Human Rights (Government Gazette 917/23.6.2010, Vol. B) and the following assumptions. The APR comes to 20.15%.
NOMINAL INTEREST RATE: 15,95% + 0,6% Levy (Law 128/1975) adjusted based on the changes of the Euribor 1M rate. In addition to these changes, the interest rate will also be adjusted by +0.5%, plus €22 annual fee, €1500 purchase on 01/01/2013, issue of 1st account on 31/01/2013, 12 instalments.
1st instalment 20/2/2013 €168.94, 2nd instalment 20/3/2013 €145.11, 3rd instalment 20/4/2013 €143.28, 4th instalment 20/5/2013 €141.45, 5th instalment 20/6/2013 €139.62, 6th instalment 20/7/2013 €137.80, 7th instalment 20/8/2013 €135.97, 8th instalment 20/9/2013 €134.14, 9th instalment 20/10/2013 €132.31, 10th instalment 20/11/2013 €130.48, 11th instalment 20/12/2013 €128.66,
12th instalment 20/1/2013 €126.83. Total €1,664,59. Note that the APR and the total repayment amount above are given purely as an example. They arise only if the data mentioned above exist.
Cash advance interest rate
19,15% + 0,60%
The overall Annual Percentage Rate (APR) is calculated based on the provisions of Joint Ministerial Decision Z1-699/2010 of the Ministers of Finance, Economy, Competitiveness and Shipping, and Justice, Transparency and Human Rights (Government Gazette 917/23.6.2010, Vol. B) and the following assumptions. The APR comes to 24.84%.
NOMINAL INTEREST RATE: 18,90% + 0,6% Levy (Law 128/1975) adjusted based on the changes of the Euribor 1M rate. In addition to these changes, the interest rate will also be adjusted by +0.5%, plus €22 annual fee, €1500 purchase on 01/01/2013, issue of 1st account on 31/01/2013, 12 instalments.
1st instalment 20/2/2013 €171.37, 2nd instalment 20/3/2013 €147.34, 3rd instalment 20/4/2013 €145.31, 4th instalment 20/5/2013 €143.28, 5th instalment 20/6/2013 €141.25, 6th instalment 20/7/2013 €139.22, 7th instalment 20/8/2013 €137.19, 8th instalment 20/9/2013 €135.16, 9th instalment 20/10/2013 €133.12, 10th instalment 20/11/2013 €131.09, 11th instalment 20/12/2013 €129.06,
12th instalment 20/1/2013 €127.03. Total €1,680.44. Note that the APR and the total repayment amount above are given purely as an example. They arise only if the data mentioned above exist.
Balance transfer
9,00% + 0,60%
The overall Annual Percentage Rate (APR) is calculated based on the provisions of Joint Ministerial Decision Z1-699/2010 of the Ministers of Finance, Economy, Competitiveness and Shipping, and Justice, Transparency and Human Rights (Government Gazette 917/23.6.2010, Vol. B) and the following assumptions. The APR comes to 13,14%
NOMINAL INTEREST RATE: 9,00% + 0,6% Levy (Law 128/1975) adjusted based on the changes of the Euribor 1M rate. In addition to these changes, the interest rate will also be adjusted by +0.5%, plus €22 annual fee, €1500 purchase on 01/01/2013, issue of 1st account on 31/01/2013, 12 instalments.
1st instalment 20/2/2013 €159.00, 2nd instalment 20/3/2013 €136.00, 3rd instalment 20/4/2013 €135.00, 4th instalment 20/5/2013 €134.00, 5th instalment 20/6/2013 €133.00, 6th instalment 20/7/2013 €132.00, 7th instalment 20/8/2013 €131.00, 8th instalment 20/9/2013 €130.00, 9th instalment 20/10/2013 €129.00, 10th instalment 20/11/2013 €128.00, 11th instalment 20/12/2013 €127.00, 12th instalment 20/1/2014 €126.00. Total €1,600.00. Note that the APR and the total repayment amount above are given purely as an example. They arise only if the data mentioned above exist.