Benefits of Instabank credit card
✓17.9% nominal rate, one of the lowest in Norway
✓5% monthly discount in rotating categories
✓Fixed 5% green discount on public transport and EV charging
✓Transfer credit straight to your bank account
✓Note: no interest-free period, interest accrues from day 1
Who is this card for?
Instabank credit card from Instabank is best suited for people who want the lowest possible rate and green discounts. The effective rate is 21.66%, with a nominal rate of 17.9%. The credit limit is set individually and is up to NOK 100,000.
Cost example
Effective rate 21.66%, NOK 45,000 over 12 months. Cost NOK 4,963, total NOK 49,963. The application is free and non-binding, and you sign with BankID.
Questions and answers
Which card has the lowest rate?
Instabank credit card has the lowest rate in our selection: 17.9% nominal rate and 21.66% effective rate. Note that the card has no interest-free period, so interest accrues from day 1.
What is the green discount on Instabank credit card?
You get a fixed 5% discount on public transport and EV charging every month. Instabank also has rotating categories with a 5% monthly discount, for example groceries or fuel.
Can I transfer credit from Instabank credit card to my bank account?
Yes. Instabank lets you transfer available credit straight to your own bank account. You pay it back the same way as regular card purchases, and interest accrues from the transfer date.
