Credits subsequent to the convenience credit card credits, i.e. a debit balance on the card account which has not been settled when it was first possible and for which an interest rate or tiered interest rate, usually higher than 0%, are charged. Often, the holder of a card shall pay minimum monthly instalments to repay the extended credit at least partially.
The definition of the concept is consistent with Regulation (EU) No 1071/2013 of the European Central Bank of 24 September 2013 concerning the balance sheet of the monetary financial institutions sector (recast) (ECB/2013/33).