Loading the page…
English
Englishעבריתالعربية
English
Englishעבריתالعربية
Data updated through July 2026
Revolving credit and credit payment plans can be expensive. Use them only when necessary and for as short a period as possible: they are loans, not merely convenient payment splitting.
Revolving credit and credit payment plans can make monthly payments look smaller while charging high interest. Repeated use rolls debt forward and compounds cost, so avoid using them for routine or deferrable spending.
A ₪10,000 balance at 12% annual interest costs approximately:
Remember: these amounts reflect interest only and do not necessarily reduce the balance. Revolving credit postpones the issue to next month and adds interest cost.
Deposit comparisons usually seek the highest rate. Here the goal is the opposite: find the institution charging the lowest rate.
The table defaults to highest rate first so costly lenders stand out. Use the highest/lowest control to reverse the order.
15.51%
10.33%14.76%Updated: July 2026
| 15.51% | 14.76% |
|---|---|---|
 | 15.39% | 12.92% |
 | 14.83% | 14.13% |
 | 14.73% | 13.48% |
 | 14.58% | 10.55% |
 | 14.16% | 12.65% |
 | 13.70% | 13.32% |
 | 13.05% | 10.91% |
 | 12.88% | 12.08% |
 | 12.48% | 12.53% |
 | 12.15% | 9.67% |
| 10.33% | 9.52% |
 | — | 11.44% |
Data source: Bank of Israel comparison tool. Data is updated monthly.
The issuer sets your actual rate, which may vary by customer profile, credit limit, account history and credit rating.
Do not rely only on a monthly or periodic rate; confirm the full annual rate.
Check the total amount payable over the full term, not only next month's payment.
Consider lower-cost alternatives such as a standard bank loan or an interest-free payment plan from the merchant.
Set a clear date for paying off this debt instead of carrying it forward.
With a regular card, the charge is debited on a fixed date. With revolving credit, you pay only part of the charge and carry the remaining balance over to the following month, with added interest.
It involves spreading a specific transaction over several payments, with each payment bearing interest payable to the credit card company or bank, unlike the regular interest-free installments offered by the merchant.
Yes. Even if it appears on your credit card statement, it is effectively credit on which interest is paid.
It is recommended to use it only rarely, when there is truly no alternative, and for the shortest possible period.
Before choosing credit or a flexible fixed monthly charge, stop and calculate the true cost. Do not let a temporary solution create permanent debt.