Splitting transactions into instalments using Telenor Banka credit card

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ABOUT US NEWS NEWS AND PRESS RELEASES SPLITTING TRANSACTIONS INTO INSTALMENTS USING TELENOR BANKA CREDIT CARD

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12th April 2017 – Telenor Banka allows credit card holders to split their repayments into monthly installments even after the payment has been effected. 
 
The clients now can split all their credit card transactions on the Internet, in retail shops or at ATMs in excess of 2,000 dinars into installments. Also, they can choose the number of monthly installments, the maximal available number of installments being 12.    

„Dividing repayment into installments makes it easier for the clients to plan the budget and gives them additional flexibility in management of their financial matters. The clients may choose the number of installments that suits them the best, not at the time of making the payment, but after the payment has been effected, which is a unique service in the Serbian market“, said Miloš Polovina, Marketing Director of Telenor Banka.    
   
Additional advantage is the possibility to transfer card transactions, either completed or pending, from the current account to the credit card, and choose between the revolving repayment facility and repayment through installments. Once the amount of debit has been transferred in this way, the funds in the current account are freed, and in case of any unexpected expenses the clients may choose to split the repayment into installments.  
   
All transactions effected in one month can be divided into installments until the end of that month. Splitting into installments is easy. Use Telenor Banka application and select Split into installments in the transaction details for the credit card.