Useful Information About Credit Cards

Every month you will receive a statement (at the email address you provided or by mail, on paper) with a detailed description of the transactions made during the period, due interest, and fees. The date of issue of your monthly statement is indicated in the letter we send you along with your new credit card. The statement is also available in your Postbank online or mobile banking.

Within the payment period stated in your statement, you have the following options:

The monthly payment of the utilized credit limit can be made in the following ways:

How can you use your Postbank credit card for all your daily expenses without owing interest?

Thanks to the grace period of up to 50 days for credit card purchases (up to 45 days for purchases and cash withdrawals with a Mastercard Cash card). The grace period means that the funds used for purchases with your credit card can be used without incurring interest within a period of up to 50 days (respectively up to 45 days for Mastercard Cash), depending on the date of the transaction made and the date of your monthly card statement. The bank does not charge interest on purchases made with the card if the full card balance for the current period is paid off within this period. For example, if your statement is issued on the 10th and the due date for monthly payment is, for instance, the 31st, any purchase made before this due date will have a grace period from the date it was made until the payment due date. If, for example, you purchase a product at a POS terminal on the first day, your grace period will be from the first day until the payment due date, that is, 31 days. The longest grace period occurs if you make a purchase immediately after the date your statement for the current period is issued, because this transaction will only appear in your next statement, and thus you will have up to 50 days until payment is due.

You also have the additional option of, with a single call to our Call Center, spreading any of your purchases or withdrawals over 3, 6, 9, or 12 equal monthly installments without interest, for a minimal fee. This allows you to plan your obligation over time and enjoy very favorable conditions for using an amount from your credit limit, as no interest will be charged on the purchase for the selected period.