The credit cards issued by Novo Banco are an everyday convenience for its customers, along with current accounts. In addition, this bank offers financing options, including Novo Banco personal loans, investment options such as term deposits and insurance.

There are four credit cards available, each with a different credit limit and interest rate. The Novo Banco NB Branco card has the lowest credit limit, followed by the NB Verde, NB Gold and NB Platinum cards.

With the exception of the green card, which is free for customers with a 100% NB account, credit cards always have an annual fee. In addition, Novo Banco is one of the few financial institutions that does not offer cards with cashback, air miles or partner benefits.

Advantages of Novo Banco credit cards

• Reduced interest payments for the next 36 months
• Payments from 5% of credit or 4% of a set amount.
• Virtual MBNet Cards and MB Way Service
• Advances and installments
• Package of security services and card insurance

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What is the best Novo Banco credit card?

Depending on the amount of credit you choose, you have many possibilities. However, the interest rate applied and the annuity charges will be the main considerations when deciding.

How can I apply for a Novo Banco credit card?

Membership can be done online via the New Bank or homebanking service, in addition to Novo Banco branches.

Novo Banco credit cards

White card

White Card: 10.6% APR at 0.00% TAN for a credit limit of €1,500 with a payback period of 12 months (updated in the third quarter of 2022).

In addition to the 65€ fee for presenting the credit card, stamp duty is charged.

Main attributes:

• Interest rate of 0%.
• The credit limit options available include €500, €1,000, €1,500 and €2,000.
• Low monthly payments.
• Date of issue of the flexible statement.
• The annual fee depends on the amount of the credit limit shown in the table below.

Credit limits	Annuity
€500	€35
€1.000	€50
€1.500	€65
€2.000	€80

Green Card

APR of 11.8% for a TAN of 8,400% for a loan limit of €1,500 with a payback period of 12 months (updated in the 3rd quarter of 2022).

In addition to the 13€ fee for presenting the credit card, stamp duty is charged.

Main attributes:

• Credit card issued by VISA that integrates debit functionality in Portugal for current account transactions.
• There are several credit limit options, ranging from €500 to €5,000.
• It can be used at more than 24 million locations and hundreds of ATMs around the world.
• Date of issue of the flexible statement.

Available operations:

This card is associated with a card account that allows the following transactions in Portugal and abroad:

• Purchases made in establishments and gas stations belonging to the VISA and/or Multibanco networks;
• Cash advances are available through automated teller machines (ATMs), bank branches participating in the VISA network and via novobanco Online or Direct Line.

The debit feature of this card allows you to make the following withdrawals from your current account at ATMs in the Multibanco network:

• Withdrawing money;
• Payment for services;
• Balance and transaction queries;
• Bank transfers.

In Portugal, the card is accepted wherever cards are accepted (even those that only accept Multibanco).

Gold Card

APR of 15.8% for an APR of 11.150% for a credit limit of €1,750 with a repayment term of 12 months (updated until the 3rd quarter of 2022).

In addition to the 25€ fee for providing a credit card, stamp duty is charged.

Main attributes:

• Credit card issued by VISA that integrates debit functionality in Portugal for current account transactions.
• There are various credit limit possibilities, ranging from €1,500 to €25,000.
• It can be used at more than 24 million locations and hundreds of ATMs around the world.
• Date of issue of the flexible statement.

Available operations:

This card is associated with a card account that allows the following transactions in Portugal and abroad:

• Purchases made in establishments and gas stations belonging to the VISA and/or Multibanco networks;
• Cash advances are available through automated teller machines (ATMs), bank branches participating in the VISA network and via novobanco Online or Direct Line.

The debit feature of this card allows you to make the following withdrawals from your current account at ATMs in the Multibanco network:

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• Withdrawing money;
• Payment for services;
• Balance and transaction queries;
• Bank transfers.

In Portugal, the card is accepted wherever cards are accepted (even those that only accept Multibanco).