Company cards

Business Credit Card – a quick loan for your company

Credit limit from 300 to 15,000 EUR
Zero-interest period for up to 40 days
Includes travel insurance

Choose a card

	Business Debit Card Find out more	Business Credit Card Find out more	Business Gold Credit Card Find out more
	Convenient daily payments for you, less work for your accountant	Link several cards to the account and set individual limits	Included travel insurance package for you + 3 colleagues
	Monthly fee 2 EUR	Credit limit from 300 to 15,000 EUR	Interest-free period of up to 40 days for purchases
	Issuance fee 6 EUR	Interest-free period of up to 30 days for purchases	750,000 EUR travel insurance limit on medical expenses
	Receive free via mail	Monthly fee 4 EUR	Monthly fee10 EUR
	Convenient daily payments for you, less work for your accountant	Link several cards to the account and set individual limits	Included travel insurance package for you + 3 colleagues
Monthly fee	2 EUR	4 EUR	10 EUR
Issuance fee	6 EUR	6 EUR	10 EUR
Receiving fee	By post: free of charge At branch: 6 EUR	By post: free of charge At branch: 6 EUR	By post: free of charge At branch: 6 EUR
Travel insurance
Mastercard® Airport Security Fast Track
Access to airport lounges with LoungeKey™
Global Data Roaming
Business Bonus
Cards expense management
Credit limit		Up to 15 000 EUR	Up to 15 000 EUR
Interest-free period for card purchases		Up to 30 days	Up to 40 days
Automatic repayment of outstanding credit limit		1st day of next month	10th day of next month
Credit interest rate		18%	14%

Card ordered on a business day:	Time and place of receipt
	Spice or Ķīpsala branch	Other branches or card delivery to an address
by 12.30	Within 5 hours	On next business day
by 12.30	On next business day	On business day after the next

Product/Service		Price, EUR
Ordering and issuance
New or replaced card Also in cases when the card is lost, stolen, or damaged. Automated fee upon card activation.		6,00
Renewed card Issuance of the new card after validity period of previous card was expired is free of charge.		Free of charge
Urgently produced card options		41,00	Accelerated production and delivery of cards can be ordered at a branch or by calling us on 67 444 444. The card can be collected at bank branches or at the company’s contact address specified to the bank.
Receiving
By post		Free of charge
At a branch		6,00
Using
Monthly fee		0,00 - 2,00 Business debit card monthly fee: - Standard - 2.00 - Newly created companies that open an account within 12 months of registering the company, first year - 0,00	The card's monthly fee will be automatically debited from account in the beginning of every month.
Card purchases in Latvia and abroad		Free of charge
Currency exchange markup		2,95%	The fee is charged if the transaction (purchase or cash withdrawal) is made in a currency other than the card currency.Information on current Exchange Rates available on International Card Organization websites www.mastercard.com and www.visaeurope.com
Cash operations		See Cash transactions via ATMs and Retail outlets
Changes in Card Agreement (incl. change in limits, permitted services, card delivery method)	Easier via Internet Banking	6,00
Card claim processing		Free of charge	If processing of the claim involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
Checking the account balance:
- In ATMs of Swedbank in Latvia		Free of charge
- In other banks' cash machines in Latvia and worldwide		0,40
Printout of last 5 card transactions at Swedbank ATMs in Latvia		0,20
Changing and unblocking the card's PIN in Swedbank ATMs in Latvia		Free of charge	In case of entering PIN incorrectly three consecutive times in a POS terminal.
Closing
Closing the card	Easier via Internet Banking	Free of charge

Default card limits	Limits, EUR
Purchases	1400
For cash withdrawals	1400
For cash deposits	15000

Effective from 19.08.2020.

documentTerms of usage of Cards for business

Product/Service		Price, EUR
		Business credit card	Business Gold credit card
Ordering and issuance
New or replaced card Also in cases when the card is lost, stolen, or damaged. Automated fee upon card activation.		6.00	10.00
Renewed card Issuance of the new card after validity period of previous card was expired is free of charge.		Free of charge	Free of charge
Urgently produced card options		41.00	45.00	Accelerated production and delivery of cards can be ordered at a branch or by calling us on 67 444 444. The card can be collected at branches of the bank or at the company’s contact address provided to the bank, after the decision is made if the credit limit for the credit card has not yet been approved.
Receiving
By post		0.00	0.00
At branch		6.00	6.00
Using
Monthly fee		4.00	10.00	The card's monthly fee will be automaticaly debited from account in the begin of every month.
Card purchases in Latvia and abroad		Free of charge	Free of charge
Zero-interest period		Until following month's 1st date	Until following month's 10th date	Interest-free period applicable only to card purchases, not cash withdrawals and transfers.
Currency exchange markup		2.95%	2.95%	The fee is charged if the transaction is made in a currency other than the card currency. Information on current Exchange Rates available on International Card Organization websites www.mastercard.com and www.visaeurope.com
Funds transfer from credit card limit account		See Payments	See Payments	Equal to payments from current account
Cash operations		See Cash transactions via ATMs and Retail outlets	See Cash transactions via ATMs and Retail outlets
Annual rate of interest on amount spent		18%	14%	Rate will be applied taking into account the zero-interest period for purchases.
Exceeding the credit limit and using credit limit not repaid on time		60% of the amount exceeded annually	60% of the amount exceeded annually
Travel Insurance		--	Free of charge	Travel insurance is offered to Business Gold credit cards. The insured risks.
Changes in Card Agreement (incl. change in limits, permitted services, card delivery method)	Easier via Internet Banking	6.00	6.00	Exception - change in card servicing account and granted credit limit at a branch is free of charge.
Card claim processing		Free of charge	Free of charge	If processing of the claim involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
Checking the account balance:
- In ATMs of Swedbank in Latvia		Free of charge	Free of charge
- In other banks' cash machines in Latvia and worldwide		0.40	0.40
Printout of last 5 card transactions at Swedbank ATMs in Latvia		0.20	0.20
Changing and unblocking the card's PIN in Swedbank ATMs in Latvia		Free of charge	Free of charge	In case of entering PIN incorrectly three consecutive times in a POS terminal.
Closing
Closing the card		Free of charge	Free of charge

Default card limits

	Limits, EUR
	Business credit card	Business Gold credit card
Purchases	1400	1400
For cash withdrawals	1400	1400
For cash deposits	15000	15000

Effective from 01.08.2021

documentTerms of usage of Cards for business

CostPocket enables companies to streamline their expense reporting processes by enabling companies to collect, digitalize, sort, archive and send company and employee receipts to accounting software via CostPocket’s webpage or mobile application solution.

Partner special offer for Swedbank’s business customers. Free trial for 3 months from signing up if using promocode: Swedbank.

Start here

Digitise card expense documents within seconds
CostPocket detects and sends receipt details to your accounting software
Debit and credit card reports are ready in minutes
Linked to Swedbank’s API accounts
Compliable with accounting software (ERP)
Paperless accounting thanks to expense digitisation
Saving cost and manual work by digitising expense-related documents

Expense approval
Integration with accounting software
Automatically detect missing expense documents
Business trip reports
Daily allowance
Mileage report
Receive e-invoices

Open an account via CostPocket web or app
Add your company’s bank card(s)
Link to accounting software (ERP)
Digitise receipts and invoices

For detailed information visit costpocket.com

Download:

Your company's financial security is one of Swedbank's top priorities. We encourage you to be responsible users of payment cards and to observe the security conditions for payment cards usage.

Only the cardholder - the person whose name appears on the card - may use the card. Do not let anyone, even a close person, to use the card issued in another person’s name.
Make sure that you as a cardholder always know where your payment card is.
If you pay by card, do not let the person serving you take it to a back room on their own because card data may be stolen.
Always check the transaction amount that you approve with the card.
Check card transactions regularly via Business Internet Banking or the Swedbank mobile app. If any transaction seems suspicious, please contact the bank immediately.
It is not recommended to send card number by e-mail or disclose it over the telephone when making a purchase because card data may be misused for fraudulent transactions but, if there are no other options, please be extra careful.
Be careful when using the ATMs of other banks. Some ATMs return payment card before dispensing the money. Make sure that you collect your payment card and the requested amount of cash before you leave the ATM.

A cardholder receive a new card and also a PIN in a separate envelope. A cardholder receive a new card and also a PIN in a separate envelope.
- Renewed cards will keep their former PIN.
Do not tell or show the PIN to anyone, not even to bank employees.
Memorise it, do not write down the PIN on the card or anywhere else where it can be seen by others.
New! Check your card’s PIN code in the Swedbank app. Its secure, easy and will help, if you forget your original PIN or cannot remember it after changing.
For payment approval, try to enter the PIN so that no one else can see it. The card can be stolen and be used by somebody else. If the card with PIN code is used by a thief, it is the customer’s own responsibility.
If you suspect that the PIN has become known to someone else or if the bank has notified you of the need to change your PIN, the cardholder must change it immediately. It can be done at any Swedbank ATM. When selecting new PIN, do not re-use your old PIN.
Do not use identical PIN codes for different cards for the ease of memorising them.
For security reasons, PIN may be entered incorrectly only twice. After the third time, the card will automatically be blocked:
- If the card is blocked in POS terminal, it may be unblocked in Swedbank ATMs by entering correct PIN at first attempt.
- If the card gets blocked in ATM or you can’t remember the PIN, a new card must be ordered.

If a payment card is lost or stolen, it must be closed immediately. This can be done on the Business Internet Banking site or the mobile app, by sending a message to the bank or by contacting the bank by phone on 67 444 444. For security reasons, we advise cardholders to keep Swedbank's phone number in their phone's memory.
If the card is lost or stolen abroad and it’s not possible to get in touch the bank, then the card can be suspended by calling the MasterCard 24h international assistance line on +1 636 722 7111 (charged).

Information about possible risks
Failure to fulfil your financial commitments in full increases the cost of the financing you receive and may have an adverse impact on your credit history. Furthermore, if the contract is terminated due to a serious breach on your part, compulsory recovery of the debt may be undertaken and you could lose ownership of the mortgaged property.

Two small business owners. A man holds a finished product, a woman a tablet.

Mastercard® Business Bonus

Valuable benefits and offers for businesses.

From time-saving apps to dedicated business travel discounts.

Complete your business tasks more easily
Optimise your processes and improve your operational management
Use booking and car hire discounts

Discover offers here

Joining the programme is free of charge, no need to register nor share any personal information. Just use your eligible Mastercard business card.

Using cash not only brings environmental issues but also may support the shadow economy. By moving from cash to digital payments, we can protect our planet, remove the anonymity of transactions, and even more - save time spent managing money.

Pay digitally. It helps you track your expenses, set the limits for certain expense categories, and identify where you can manage your consumption habits.
Be aware of non-recyclable receipts. Paper receipts are made from non-recyclable thermal paper. When paying by card, ask for a paperless receipt which you can receive online by e-mail.
Contactless payments are clean and hygienic. By using contactless payments, you can reduce the physical contact between different people who are exchanging banknotes or touching the ATM.

The total volume of card payments in the Baltics increased by 45% during the last 6 years. Paying by card is hygienic, quick and flexible - use contactless or chip and PIN transactions.

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Source: Swedbank

Measure your cash payments’ CO₂ footprint and see how many trees are needed to absorb the emissions created per year.

Cash payments

Yearly CO₂ footprint
0
Trees required to absorb CO₂
0

If you paid by card, you could save

CO₂ emissions (kg)
0
Trees
0

Source: Lindgreen, E.R., van Schendel, M., Jonker, N. et al. (2018); Hanegraaf, R., Larçin, A., Jonker, N. et al (2020)

Receive a consultation

To find out which financing option would work best for your company, sign up for a consultation!

Find out more

POS terminals for card acceptance

If the customer's got a card, the business needs a terminal!

Personal Credit Card

If you need extra money for personal purchases, the credit card will come in handy.

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Company cards

Business Credit Card – a quick loan for your company

Business Debit Card

Business Credit Card