MyBank Indicative Rates & Charges
About our pricing structure
All loan applications are considered on an individual basis. The interest rate we quote you depends on factors such as DTI, collateral and risk.
|Personal loan||Nominal interest rates from 5.99% to 15.99%
Overdue payment interest 22%
|Setup fee||NOK 350 for loans of between NOK 10,000 and NOK 50,000
NOK 950 for loans of more than NOK 50,000
|Adjustment fee for existing loans||NOK 500|
|Monthly fee||NOK 0.00 if using AvtaleGiro direct debit|
|Reminder fee, final reminder||NOK 70|
|Debt collection notice||NOK 210|
Illustrative example: NOK 65,000 over 5 years at a nominal interest rate of 12.99% and setup fee of NOK 950, monthly fee NOK 0.00 amounts to an APR of 14.52%, and the total amount repayable is NOK 90,017.
Repayment schedules of between 1 and 15 years. Max. APR 28.94%.
|Deposits||Nominal interest rate||APR|
|Savings account – balance of up to NOK 2,000,000||1,85 %||1,87 %|
Deposits of more than NOK 2,000,000 only by special arrangement and on individualised interest rate terms. There are no withdrawal limits on our savings accounts.
|Receipt issuance, paper account statement, proof of payment sticker (“kvitteringsoblat”)||NOK 75|