Last updated:
May suit
- You shop at stores that participate in the discount scheme.
- You repay the full bill and want to assess the insurance.
What to watch for
- ATM withdrawals cost NOK 35 plus 1%.
- Currency markup is 2%.
- Travel insurance requires at least 50% of transport costs to be paid with the card.
Black and gold serve different purposes
Black offers shop discounts and travel insurance, while gold has a different cost profile without these benefits. Assess discounts against your actual purchases at participating stores rather than a theoretical maximum saving. A discount does little to offset continuing debt. Black has nominal purchase interest of 25.22% and its own complete representative borrowing example.
Cash and foreign-currency spending
The ATM withdrawal charge is NOK 35 plus 1% of the amount. Withdrawing NOK 2,000 therefore costs NOK 55 in bank withdrawal fees, before possible currency markup and ATM owner charges. A bank-counter withdrawal has a different price. A separate nominal cash rate and the precise start of interest for black have not been verified, so they are not presented as facts.
Insurance and application checks
At least 50% of transport costs must be paid with the card to meet the insurance payment condition. The journey and insured people must also meet the rest of the policy. Applicants must be at least 18, have regular income and no payment remarks. D-number acceptance and minimum residence duration remain unconfirmed. Successful identification is different from credit approval.
Questions and answers
How is black different from gold?
Black provides shop discounts and conditional travel insurance. Gold has a lower documented nominal purchase rate without those benefits. Compare your payment pattern and each card’s complete borrowing example.
Are cash withdrawals free?
No. The bank ATM charge is NOK 35 plus 1% of the amount. Currency markup and an ATM owner charge can apply separately.
Does re:member black accept a D-number?
Acceptance for new applications has not been confirmed. Ask re:member about identity and income documentation. Regular income and no payment remarks do not automatically secure approval.
