New dollar card: what date will be taken into account to apply the increase

Those who bought with card overseas last week, but still they do not have the summary closedthey started doubting this Thursday whether they would have to pay for their purchases with increase or not.

Is that the increase in the advance of the tax on income and personal property, which was 35% until Wednesday, from this Thursday 14 July it has become 45%. This percentage is added to the PAIS tax of 30%, so the new “dollar card” value is currently $ 236, compared to $ 223 before the increase, an increase of 6%.

As the regulations do not clarify this, this Thursday consumers, and even the banks, began to wonder what was going on with the purchases which, although they were made before the 14th, he had not yet been paid The uncertainty arose from the fact that in the norm signed by AFIP there were no specific clarifications, as there had been in the past, when the 35% was fixed.

Therefore, there was an exchange of information and a crossroads of consultations. And, from the ATACYC, which is the chamber that groups credit cards, they have unofficially communicated to the banks that the criterion will be assumed that the rate change is based on the date of consumption and not on the summary.

At the bank they waited for Thursday afternoon some formal communication from AFIP.

Secondly, from 14, in the credit cards they had systems dedicated exclusively to updating the new retention that they must carry out on the payment of the summary. So, if a customer called after this time to ask a question, request authorization to buy, or don’t know about an acquisition, the response was: check back later.

How to calculate how much you will pay on the card

To calculate how much you will pay when you receive the account summary for your consumptions made after July 14 abroad (or the payment for services in dollars, such as Spotify or Netflix), you need to make a simple account.

First, part of the the retail dollar on sale today is $ 135 in Banco Nación, the entity that is always taken as a reference, even if in other banks it could be a little more expensive.

At that official dollar value 30% of the PAIS tax is added. So 30% of $ 135 is $ 40.5. On the other hand, it is also necessary to be accountable 45% of the advance of the profit over $ 135, you get to $ 60.75.

So, the bill to be made is $ 135 (official dollar) plus $ 40.5 (30% PAIS tax) plus $ 60.75 (45% prepayment), which gives $ 236.25.

That $ 236.25 dollar card ends up being 6% more expensive than what was paid for up to now and it will be 6% more expensive than the solidarity dollar ($ 223), which is the value at which you can buy the $ 200 share of the savings dollar, which keeps the down payment at 35%.

NEITHER