Nordea Bank Lowers Interest Rates under Nordea Voyage Credit Program
OREANDA-NEWS. April 25, 2012. The interest rates under Nordea Voyage bank cards with an overdraft limit have been reduced and now they range from 16% in foreign currency and from 18% in rubles, reported the press-centre of Nordea Bank.
The Nordea Voyage credit program envisions a target loan for purchasing the tourist services provided by the Bank’s partner companies using a Visa International bank card with the possibility of establishing an overdraft limit (including with a grace period for the payment of interest). No card maintenance fee thereunder is charged throughout the first period of validity (2 years).
A target loan for vacation is available in RUB, USD or EUR (in the amount from 500 to 12 000 EUR or its equivalent in USD or RUB at the Russian Central Bank’s exchange rate effective as of the loan giving date) for the term from 6 to 60 months (with the interval of 6 months from the minimal maturity possible).
No upfront and monthly fees are charged for the credit products under Nordea Voyage program. It is possible to prepay loans without penalties and fees.
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