A credit card is a payment method tied to your bank account. You can use it to make transactions during a given period, after which the total amount spent on the card will be fully or partially debited from your account.
If you choose to pay in full, no interest will be applied to the amount spent, i.e. the payment is simply deferred.
If you choose to make a partial payment, the minimum amount debited will be 10% of the total amount spent. Interest will be applied, and the total amount is paid in instalments over a longer period, i.e. the payment is staggered.
Credit cards are a widely accepted means of payment, and are extremely handy for making purchases online and abroad.
A debit card is a bank card directly tied to your current account. In-store purchases and withdrawals are debited from your account straight away. What’s more, your debit card lets you make free cash withdrawals in euros using the BGL BNP Paribas ATM network, the BNP Paribas group Global Network and the Deutsche Bank network in Germany.
An automatic teller machine (ATM) allows you to withdraw or deposit cash and make transfers.
Contactless payment technology is used for making purchases without having to insert your bank card into a terminal.
It speeds up the payment process, thanks to terminal sensors that detect the chip in your card from a few centimetres away.
For payments of less than EUR 25, contactless cardholders don’t need to enter their PIN. For payments over EUR 25, you’ll have to enter your PIN code as usual. The daily limit for contactless payments is EUR 100.
The reporting date marks the end of the accounting period for your credit card expenses.
The debit date is the date on which we deduct the expenses incurred before the reporting date from the cardholder’s account. (View monthly credit card reporting dates here)
A card statement lists all of the credit card transactions made during a given period. It is generated on a monthly basis.
A BGL BNP Paribas account is considered inactive after 18 months if no account transactions have been carried out by the client, if the account holder has not contacted the bank, or if they have not carried out any operations on an account opened in their name with the same institution.