Now, also for motorcycle lovers

Car Loan

TAEG 8,5% | TAN 6,400%
TAEG 8,0% | TAN 6,000%

Valid Campaign from 1/11 to 31/12

Simulate

Don't go around in circles

Fixed rate throughout the duration of the Loan:
TAEG 8,5% | TAN 6,400%
TAEG 8,0% | TAN 6,000%

Get ready to move

Loan opening fee of 2% over the financed amount, with a maximum of €300.

Control the speed

Deadline ( from 18 to 84 months) and amount ( €1.500 to €30.000) fleixibility.

Start the journey from a distance

Through the Site or the App, simulate your Credit at any time.

Young adults car loan

Now, also for motorcycle lovers

TAEG 8,5% | TAN 6,400%
TAEG 6,7% | TAN 4,800%

Valid Campaign from 1/10 to 31/12

If you are under 35 years old, learn about the solution we have for you

Learn more

Frequently Asked Questions

What else do you need to know?

These are our frequently asked questions.

What is TAN (Nominal Rate)?

The TAN (Nominal Rate) is the interest rate expressed as a fixed or variable percentage, applied to the used Credit amount on an anual basis.

What is TAEG? And MTIC?

TAEG (Annual Percentage Rate) is the total cost of the Loan, paid by the consumer, expressed as an annual percentage of the granted loan's amount. When calculating the TAEG, expenses of collection of refunds and interest payment are included,as well as the remaing charges to bear (taxes, fees and mandatory insurances).

TAEG can be used to compare Loan proposals. For Loan proposals with the same amount, term, and refund modality, the proposal with the lowest TAEG is the cheapest for the Client. It includes interest + fees + expense+ taxes + insurances.

MTIC (total amount charged to the consumer) its the sum of the total amount of the Loan with the associated costs (interest, fees, taxes and other charges).

Take note that for Loans the tax is variable, MTIC is merely indicative as the interes rate of these Loans can vary with time, according to the fluctuation of the indexed used. (EURIBOR).

What is the main advantage of requesting a Car Loan?

You can request the Loan, anywhere at any time, through our App (up to €15.000). For amounts from €15.001 to €30.000, the request will have to be done at an ActivoBank Branch or through our Support Line.

What are the deadlines for Car Loans?

The deadlines vary:

  • 18 and 48 months, for amounts up to 3.000€;
  • 18 and 84 months, for amounts higher than 3.001€.
Is this financing subject to the payment of Stamp Duty?

Yes, the Stamp Duty is applied to the Loan opening, over the interest and associated fees (for example, the Loan Opening Fee).

Is it possible to make an early, partial or total repayment of my Loan?

Yes, you can do it covered by the Loan’s contract, with 30 days' notice. Early repayment is subject to a fee calculated as follows: early repayment fee of 0.5% of the amount of the capital repaid early, if the period between the time of early repayment and the date stipulated for the end of this contract is greater than one year. If this period is less than or equal to one year, the early repayment fee is 0.25% of the amount of the capital repaid early.

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Clarify your doubts!

HelpCenter

*Support Line +351 210 030 700, in or outside Portugal. Personalized service on working days and national holidays (8h-22h), Saturdays (10h-20h), Sundays and remaining holidays (12h-20h). Automatic customer service available 24 hours/day. The cost of communications depends on the tariff agreed with your telecommunications operator.

TAEG of 8,0%, TAN of 6,000%, with monthly instalments of 147,24€, for a 10.000€ loan with a 84-month term. Total amount charged to the consumer: 12.840,16€, including loan opening fee €200, interest, Stamp Tax for the use of the loan and for fees. Loan opening fee of 2% over the financed amount, with a maximum of €300. Subject to Credit assessment.

Campaign valid from November 1st to December 31st, 2022. 

The loan's settlements are regular charges of the banking client's household budget. It is essential that the client previously weighs his financial ability to ensure the payment of the ongoing settlements of the loans he wishes to hire. For further information on household budget management consult "Todos Contam" at www.todoscontam.pt The provision of the loan is subject to the macroprudential rules of the Banco de Portugal.

For amounts up tp 15.000€ the loan request is analyzed online and, if approved, the hiring of the loan will be made online and the requested amount will be deposited on the Current Account. For higher amounts, in case of approval, the hiring of the loan will be made at an ActivoBank Branch. Valid for Clients with a risk profile that is adequate to the product.

The opening of an account is conditioned to the Customer's admission by the Bank, in accordance with its Customer Acceptance Policy. The Minimum amount to open an account is 500€ and 100€ to online Account openings. The minimum initial deposit of 100€ is also applicable for Salary Accounts and Student Accounts. This amount is Account Balance and is entirely at the Customer's disposal.