With this type of loan, any inflow into your account repays the debt and you can redraw the money again up to your credit limit
If you’ll be using the overdraft for up to any 7 calendar days in a month, you won’t pay any interest charges – the overdraft interest rate will be 0%.
The overdraft fee for the first year of use is PLN 0. The fee in the next years will be:
Effective interest rate of 9.11% p.a. assuming that the total loan amount (without the credit costs financed) is PLN 9,000; total payable amount is PLN 9,131.56; variable nominal interest is 8.75% p.a.; total cost of credit – PLN 131.56 (including interest amount of PLN 131.56, Personal Account maintenance monthly fee of PLN 0, funds transfer fee of PLN 0 and ATM cash withdrawal fee of PLN 0). This calculation was made as of April 18th, 2017 based on a representative example. Lending period – 3 months.