This information is based on the Flexibility and Payment Options Study for Credit Cards from Spanish Banks by INTELIENS, published in October 2024. Check the report for more information.

Yes, you can split your purchases both before and after paying for them by clicking the "Pay in instalments" option. 

Go to the CaixaBank website or app and split the purchase from "My Accounts" or "My Cards".

MyCard offers several options to pay for your purchases:
- Daily payment: pay for your purchases in full the following day. This option is automatically applied if no other option is selected.
- Pay every 2 days: the purchase is charged to your account two days later.
- Pay every x days: choose to pay every 3 to 30 days.
- Weekly payment: pay for all your purchases on a specific day of the week.
- Payment when a certain amount is reached: pay when your total purchases reach a specific amount that you set.
- Monthly payment: pay for all the purchases made from the 28th to the 27th on the 1st of the following month.
- Deferred (revolving) payment: pay a fixed amount and the associated interest every month. You choose how much to pay each month above a minimum.
- Split specific purchases: split the payment before or after the purchase. Check the periods in the specific question.

There is no card issuance fee in the first year. In subsequent years, the fee can be waived if you meet any of the following conditions: 
- If you make at least one deferred or split payment transaction for a purchase made with the card.
- If you are under 26.
- If the purchases you made with your card during the year exceed €3,000.
- If you're already in the Día a Día programme.

You can see your assigned credit limit by following these steps:
- Sign in to your account on the Caixabank website or app.
- Go to the cards section.
- Click on your MyCard.

View the balance available in your MyCard in real time on the CaixaBank website or app. Go to the "Upcoming MyCard Charges" section in your linked account to view your purchases and their scheduled payment dates so you'll always know your remaining balance after all pending payments.

Yes, you can download your MyCard to your mobile or smartwatch and pay for your purchases without having to carry your physical card by using Google Pay, Samsung Pay, Apple Pay, Garmin Pay or Swatch Pay.
You can also deactivate it whenever you want. For example, if you lose your physical card, you can temporarily block it and keep paying with your mobile.

Go to the card section on the CaixaBank website or app, select 'Options' for the card you want to change, and select 'Customise payment method'. Do it by 15:00 on the last business day of the month to apply the change to the following settlement.

Settlement is when the total amount of your purchases is charged to your account. This is done based on the payment method you have chosen. 

The instalment or split payment option lets you choose how long to take to repay purchases.
Split payments can be activated before or after making the purchase:

• If you choose to activate the split payment before the purchase (without a 1-month deferral), you can choose one of the following repayment periods: 
  - From 2 to 12 months.
  - In 15, 18, 21 or 24 months.
  
  
• If you choose to split after the purchase (with a 1-month deferral), you can choose one of the following repayment periods:
  - From 3 to 13 months.
  - In 16, 19, 22 or 25 months.

Let's take a look at two examples for a €1,500 purchase:

• If you activate the split payment before the purchase and choose to repay it in 12 months (no deferral).
  You will pay:
  - €1,670.88 In total (i.e., the total amount owed).
  - €1,500 for the price of the purchase (i.e., the total amount of the credit).
  - €170.88 in interest (i.e., the total cost of the credit).
  - 22.42% APR and 20.40% NIR
  - In 12 instalments of €139.24 each.
• If you activate the split payment after the purchase and choose to repay it in 13 months (12 payments + 1-month deferral). During the deferral period, interest accrues on the principal. 
  You will pay:
  - €1,699.26 in total (i.e., the total amount owed).
  - €1,500 for the price of the purchase (i.e., the total amount of the credit).
  - €199.26 in interest (i.e., the total cost of the credit).
  - 22.42% APR and 20.40% NIR
  - In 11 instalments of €141.61 each + 1 instalment of €141.55.
  
  In both examples, the straight-line repayment system is used.

A deferred (revolving) payment is a flexible way to pay for your purchases with a credit card that lets you make payments in monthly instalments. With this system, you don't need to pay for all your purchases at the end of the month. Instead, you can pay only part of the balance and pay the rest later, with interest. This means that each month, you can pay a minimum amount or a fixed instalment of your choice. The outstanding balance is added to the following month, with interest, letting you continue using the card until you reach your credit limit. It's a flexible way to handle your payments, but keep in mind that you will pay interest for any amount you carry over every month. Choosing lower instalments might result in a longer repayment period with the consequent effect of accruing a higher amount of interest.

• Let's see an example:
  If you request a €1,500 credit repayable over 48 months.

You will pay:
- €2,206.23 in total (i.e., the total amount owed).
- €1,500 for the price of the purchase (i.e., the total amount of the credit).
- €706.23 in interest (i.e., the total cost of the credit).
- 22.42% APR and 20.40% NIR
- In 47 payments of €45.97 each + a final payment of €45.64.

The straight-line repayment system is used.
This calculation assumes you won't make any new purchases that increase your debt and that the credit is used at the beginning of the period. You can view the fees applied to banking services in fees and commissions.
Find out more details about deferred (revolving) payments.

To approve your credit card, we evaluate your creditworthiness and ability to repay as determined by our risk policies. Your card will be issued by CaixaBank Payments & Consumer (CPC), registered with the Bank of Spain. CaixaBank acts as an agent of CPC, and your funds will be protected in a separate account with CaixaBank.

The MyCard credit card issued by the hybrid payment entity CaixaBank Payments & Consumer, E.F.C., E.P., S.A.U. ("CPC"), domiciled at Avenida de Manoteras n.º 20, Edificio París (28050 Madrid). Caixabank, S.A. acts as agent of the card issuing entity. User funds are protected through a deposit in a separate account at CaixaBank, S.A. The issuance of the card is subject to prior approval by CPC. You can view the usual prices applied to banking services at www.caixabank.es/tarifas.