In the good old days, you had to show up at the bank’s office if you wanted to get Norway’s best credit card. Fortunately, this has changed and today it is possible to find and apply for a credit card online. This is good for consumers as it is much less time consuming and it is easier to get an overview of the best deals on the market. Here is some practical information for those looking for a credit card online.
What is a Credit Card?
A credit card is a short-term loan that should be repaid as soon as possible. It is common for credit cards to have an interest-free period of up to 45 days, sometimes longer. Most cards will have a credit limit or maximum amount that you can spend on the card. If you spend the entire amount, you will not be able to use the card again until you have repaid part of the credit you have used, also known as the minimum amount. The minimum amount is usually around 2.5-3% or a minimum of $ 250.
Where can I get a credit card online?
You will normally be able to apply for a credit card online or at a bank branch. This varies from bank to bank, but most major banks such as Kordea, NNB, Banske Bank and 24 Bank accept applications online as long as you have BankID.
What kind of card is right for me?
Credit cards come in a variety of variants – some cards provide cashback on merchandise purchases while other cards have a low effective interest rate. Which card is right for you is based on your individual needs. For example, if you travel a lot you should consider a credit card that has good travel insurance and that gives you airmiles. At the Eugene Grandlet you can apply for the following credit cards:
- Credit cards that give you cashback on merchandise purchases
- Free credit cards
- Custom gasoline card
- Cards with low effective interest rates