In this news
Simple Quota, the Government program, has the same coefficient as the monetary policy rate. Therefore, every time the Central Bank lowers the rate, it also automatically does so to pay in installments with that plan.
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Strictly speaking, it is not so automatic, because you have to wait a few days. Whoever is going to carry out an operation in three or six installments with the official program will It is better to wait until next Tuesday to make that purchase, instead of making it today, tomorrow or the day after tomorrow.
Because From Tuesday the new rate will be in effect, as confirmed to this newspaper by a high source from the economic team. Drop from 70 to 60%since it is governed by the same coefficient as the rate imposed by the Central Bank.
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Other fees
To pay in installments outside the official program, which applies only to cards issued by banking entities, the rates are more than double, even though they went down and will continue doing it in the next few days.
The six installments outside the program, which had a nominal rate of 184%, dropped to 150%; while the twelve installments, which had a nominal annual rate from 193%, they fell to 157 percent.
In numbers
February was the first month of Simple Feewhich had a sales volume of $396,059 million, which implies an increase of 78.3% year-on-year (well below inflation) and 4,851,824 operations, which implies a decrease of 30.1% year-on-year.
The average ticket for each operation in February was $81,631and the items with the highest monthly sales were clothing with 32.3%, small appliances with 18.7%, followed by footwear and leather goods with 8.3%.
Now 12
What is the reason for the decrease in the number of operations, and the drop in sales in real terms of the Simple Quota compared to Now 12? in which the banks are not updating the spaces available for card payments in tune with inflation, as a precaution at a higher level of default.
So, cardholders often They do not have enough limit to be able to buy an appliance, for example, because your card is already ‘used’, as they say in financial jargon when there is no more space available to continue consuming.
