Last updated:
May suit
- You want to compare ordinary purchases with full repayment.
- You want to calculate a particular payment deferral before choosing it.
What to watch for
- Long payment deferral is not cost-free.
- ATM withdrawals cost NOK 35 plus 1% and accrue interest.
- The main product text says age 20 while its FAQ says 23.
Interest-free days versus payment deferral
Up to 50 interest-free days follows the ordinary billing cycle and requires repayment under the card terms. A separate longer payment deferral has a fee and needs its own assessment. If considering a phone or another large purchase, compare the total repayment with retailer financing. Look at interest and fees rather than only the monthly instalment.
Use the price list when information differs
The verified price list states annual nominal purchase interest of 22.28%. Product text and price list differ on monthly interest, so the comparison uses the explicit annual rate from the price list. ATM cash costs NOK 35 plus 1%, with interest from when funds are available. Read the entire representative example before choosing ongoing borrowing.
Clarify the age threshold before applying
The main issuer text says 20, while its FAQ says 23. This is an issue to clarify, rather than a reason to choose the lower number. Annual income of at least NOK 200,000, no payment remarks and BankID use are documented. D-number acceptance and minimum residence duration remain unconfirmed. The bank must clarify identification and the current age requirement and perform its own credit assessment.
Questions and answers
How old must I be for Ikano Visa?
Issuer information conflicts: age 20 in the main text and 23 in the FAQ. Ask Ikano to confirm its current requirement before applying. Neither figure promises approval.
Is payment deferral free and interest-free?
The ordinary interest-free period and separate longer payment deferral are different arrangements. Long deferral has a fee. Check total costs and repayment dates for your chosen option.
Can I apply with a D-number?
Acceptance has not been confirmed. The bank uses BankID and states income and payment-history requirements. Ask directly about identification and documents before applying.
