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Overdraft Flexikredit

Conditions for Obtaining the Flexikredit Overdraft

Flexikredit – A Reliable Overdraft Option

Flexikredit is an overdraft facility that allows you to have a debit in your account, and have access to a permanent financial reserve of CZK 5,000 to CZK 100,000. Students can get a financial reserve from CZK 2,000 to CZK 10,000. Flexikredit is set up without collateral or a guarantor, and furthermore:

  • You only pay interest on the amount that you actually draw (for example, with a one-week overdraft of CZK 5,000, you only pay CZK 19.20)
  • You can overdraw a current account through a payment card, Internet Banking, Mobile Banking, or Telephone Banking, by a withdrawal at a cash desk, or by a transfer of money from your current account
  • The money drawn out is always automatically paid from incoming payments or deposits into your current account
  • You pay interest only on the amount drawn from the credit line made available to you
  • You do not pay any regular installments; the amount drawn out can be settled in a lump sum any time that it suits you (e.g., with the money you send to your current account)
  • You only need one visit to a GE Money Bank branch to get Flexikredit

With Flexikredit, you will also get:

  • A current account, which we will open for your at no cost before setting up the Flexikredit
  • Infolimit service with which you will know, starting 4 months after the opening of your account, at any time or location, how much money GE Money Bank will offer you

After the Flexikredit is approved, the permissible debit limit is set automatically on your current account. The money is available to you immediately.

Conditions for Obtainig the Overdraft

Payable Flexikredit

Should you not manage to settle up a fully drawn Flexikredit once in 180 days, the bank is entitled to cancel the authorized limit and to automatically transfer the debit balance on the current account to the Payable Flefikredit.

The Payable Flexikredit will enable you to pay back the credit gradually in up to 24 monthly annuity installments (the bank will inform you about their amounts) and you can thus continue using your current account without limitations.

This convenient solution will burden your monthly budget substantially less and moreover no complications will arise for you connected with outstanding payables.

Flexicredit Is Easy to Get

You can set up the Flexicredit overdraft option at the GE Money Bank branch maintaining your account. If you do not have a current account with us, we will gladly open it for you.

You can also open a current account without waiting at any GE Money Bank branch.

Request a free call   Book time at GE Money Bank branch

 
 

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General Business Terms and Conditions
  • Fee for notifying the transfer of Flexikredit to the credit account of the Payable Flexikredit – CZK 200, one-time fee
  • Maintenance fee for Payable Flexikredit – CZK 49 a month
  • Changing data of the monthly installment of Flexikredit – CZK 100 , one-time
  • Extraordinary installment / early termination – free of charge