(+382 202) 19905

Visa Relax card

Card for relaxed payment in installments

Visa Relax payWave is a bank card you can use to make payments for goods and services in numerous points of sale accepting Visa cards, as well as for your online payments, and the bill you are paying is automatically divided into 6 or 12 monthly installments.

In addition to top security chip technology, Visa Relax is also enabled for payWave contactless payment. Thanks to this technology, you can make your purchases under EUR 15 without a PIN code. All you need to do is wave your card next to a payWave POS terminal. Payments above EUR 15 are completed in the same way, but require a PIN code.

Who it is intended for?

Visa Relax payWave is intended for Bank clients having a credit limit available for purchases in installments.

Key benefits

  • automatic splitting of the bill into 6 or 12 monthly installments
  • electronic payment in Montenegro and abroad in installments only
  • Internet purchases in installments only
  • fast payWave contactless payment
  • option to receive a security SMS message following every completed transaction

How it works?

The card can be used in the network of POS terminals across the country and the world, in all sales points carrying Visa logo, i.e. at 24 million establishments globally.

When making a payment, the amount due is automatically divided into 6 monthly installments for amounts under EUR 300, or in 12 monthly installments for amounts above EUR 300.

Visa Relax payWave can’t be used for cash withdrawals at ATMs.

The card can also be used for online purchases. We recommend that you limit your transactions to websites using the CVV standard for confirmation of cardholder’s identity.

The primary card user is the person who owns the account. Only one primary card can be issued per an account. Several secondary cards may be issued in addition to the primary one, with all the transactions by secondary cards being debited from the account of the primary cardholder. A secondary card may only be issued with the consent of the account holder that the primary card is linked to. Both primary and secondary cards are issued for a term of 3 years and are automatically renewed following this term.

If your card is lost/stolen in Montenegro or abroad, please report it immediately at +382 19905 (available 24/7/365) or at our nearest branch.

Applicable fees

Issuance of cardno fee
Monthly membership feeEUR 0.50
Transactions under EUR 300 EUR2.00 per installment
Transactions over EUR 300 EUR3.00 per installment

Documents required for card issuance

To be issued Visa Relax payWave card, please submit a filled out application form for the installment credit limit at one of our offices.

Example: Bill 300 €
Amount: 300 €
Repayment term: 6 months
Transaction fee per installment: 2 €
Amount of monthly rate: 52 €
Total amount you pay: 312 €

Example: Bill 1200 €
Amount: 1,200 €
Repayment term: 12 months
Transaction fee per installment: 3 €
Amount of monthly rate: 103 €
Total amount you pay: 1,236 €
How to find us
Find branch office or ATM