KBC Flex Budget

The flexible line of credit that you repay at your own pace

KBC Flex Budget

The flexible line of credit that you repay at your own pace

Repay your way

You decide how much you pay off each month. Repay all in one go or over time.

Adjust your monthly limit

Set how much you can spend on your card so you don't max it out.

Watch your spending

Track your spending and manage your credit card with KBC Touch.

What is KBC Flex Budget?

Interested in taking out a Silver, Gold or Platinum Credit Card? While you're at it, you might want to take out a KBC Flex Budget facility as well! This extra cash reserve can be used any time you want, without a repayment period being set beforehand1. This gives you flexibility in paying back what you've spent on your card. 

You can also transfer the reserve on your KBC Flex Budget facility to your current account and use it to pay bills or make payment with your KBC Bank Card. The limit for your chosen credit card is the standard maximum limit for your KBC Flex Budget facility. 

Repaying at your own pace

Everything at once, or a little bit at a time? It's you who decides when and at what pace you repay what you've spent. You only pay interest for the period and on the amount for which you postpone repayment.

  • Monthly repayment : you can repay the full balance once a month by direct debit, which means you're not charged interest.
  • Spread repayment: you decide how much you pay off each month.
        - You can repay a fixed percentage of what you owe, for instance 35%2
        - You can also repay a fixed amount each time, for instance 250 euros2
  • Transfer to your current account: you pay interest from the moment you make the transfer. The time you want to take to repay the amount in question can also be set separately for this type of transfer3.

1 A debt clearance period applies to this cash reserve.
2 By law, the amount you repay monthly must be at least 5.6% of your outstanding balance.
3 For credit cards taken out before 29 August 2016, you pay transaction charges, but interest is only charged the month after.

As the time approaches to make repayment, make sure there is enough money on your account. On the 1st of the month, the amount to be paid back is debited automatically from your account.

If the balance available on your account is insufficient, you still have a few more days to credit your account. This is because the amounts available on your account will be debited automatically during the first five calendar days of the month until the amount owed for the month concerned has been collected in full.

However, should the balance on your account still be insufficient after this period to repay the legally required minimum amount owed for that month, we will repeat this procedure until the last banking day of the month.

Want to adjust your monthly limit? No problem

You can quickly and easily raise or lower the monthly limit for your credit card in KBC Touch. The maximum limit is the standard amount permitted for your chosen credit card.

Suppose you've opted for a KBC Gold Credit Card. The permitted limit for this card is 5,000 euros, which is also the maximum amount you can use during the month. If you notice that you never really use more than 2,000 euros, you can lower your limit in KBC Touch. However if you've booked, say, a city trip to New York and the departure date is getting closer, you can simply raise your limit again.

If you want to change the maximum limit for your credit card yourself, be sure to make an appointment at your KBC Bank branch or call 078 353 137.

See details of your expenditure at a glance!

The Manage credit tab in KBC Touch lets you know in an instant:

  • how much credit you've already used on your KBC Flex Budget facility (orange)
  • how much is still available (green)
  • how much you've spent in the month in question and what will be deducted from your KBC Flex Budget facility the following month (yellow)

You can also transfer money to your KBC Current Account here, as well as change the time you want to take to repay what you owe.

The Manage credit tab lets you see:

  • the monthly limit that you can change
  • how much you've spent on your credit card

Why do you receive a billing statement twice a month?

  • You receive the first statement around the 20th of the month essentially for information purposes. It contains an overview of all the spending you've carried out on your card during the preceding period. The total amount is given in the second billing statement.

  • The second statement is always provided on the 1st of the month. It contains the total amount and – if you have opted to spread your repayments – the amount to be repaid every month. Details of cash withdrawals or amounts repaid early are also included on it.

You can also find both billing statements in KBC Touch.

Considering a credit card with KBC Flex Budget facility?

Check out your options. When you find a suitable card, apply for it straightaway in KBC Touch.

Learn more

Attention, borrowing money also costs money

The KBC Silver Credit Card and KBC Gold Credit Card are credit cards issued by: KBC Bank NV, with registered office at Havenlaan 2, 1080 Brussels, Belgium, VAT BE 0462.920.226, RLP Brussels, FSMA 026256 A.

KBC Flex Budget is an open-ended credit facility linked to the KBC Silver Credit Card, KBC Gold Credit Card or KBC Platinum Credit Card and used as an additional means for drawing credit.

Lender and credit card issuer: KBC Bank NV. Subject to your card or credit application being approved by KBC Bank NV.

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