Swedbank Credit Card

For shopping with confidence

180-day purchase insurance
New! Improved purchase insurance from 1 September
365-day purchase insurance
30-days interest-free period
Credit limit from 500 EUR

New! Experience more with Priceless

Your Swedbank Mastercard gives you exclusive access to Mastercard Priceless – a global platform with special concert, travel and leisure offers.

Find out more

New! Experience more with Priceless

Your Swedbank Mastercard gives you exclusive access to a global platform for offers – Mastercard Priceless.

Enjoy:

Special access to concerts, sports and cultural events
Travel deals and local tours
Exclusive dining and shopping opportunities

The deals are available for all Swedbank Mastercard debit and credit card holders. See the details of the conditions for each offer on the Priceless website.

Note! The Priceless website is available in English only.

Check the offers

It takes only 2 minutes to fill in the application

Access credit limit before card arrives

Manage your card easily in the mobile app

Card properties

A credit limit from 500 EUR – use it as backup money or for larger purchases.
Zero-interest period for up to 30 days – repay the card payments amount by the end of the month.
The zero-interest period applies to purchases made with the credit card. When a payment is made from the credit card's account, interest starts to accrue immediately. When paying by card (e.g. in shops), a zero-interest period is applied.
Repay the credit limit at a time convenient for you and pay interest only on the credit limit you have used. The interest will be charged on the payment day. You can view the accrued interest via Internet Banking under “Cards” > “My cards”.
Add your own funds and use your credit card as a daily payment method with no interest charged, while enjoying additional benefits.

365-day purchase insurance – protection for most purchases made with the credit card.
Included event ticket insurance and online shop shipment protection.
Discounts and special offers with our partners.
Access to the Mastercard Priceless platform.
A chance to book hotels and use car rental services.
The credit limit will come in handy for making a security deposit for a car rental, and no interest will be charged on it until the reservation is cancelled.
Option to get additional cards for family members – with the same benefits as the cardholder enjoys.

Card management through Internet Banking and the Swedbank mobile app – conveniently repay the credit limit, order a new card or block your current one, change the limits, view your PIN, and more.
Under Account balance, see the total transaction amount until the end of the next zero-interest period and until the following period.
Contactless payments with supported e-wallets (Apple Pay, Google Pay and others).
Digitized card – check which e-wallets and service providers it is linked to and manage the card details in the mobile app.
Cash withdrawals without any fee up to 750 EUR per month in Swedbank and SEB ATMs. In case of using the ATMs of other banks, the operator of the respective ATM network may charge an ATM service fee according to the price list. If cash is withdrawn in the ATMs of other banks, the amount of that transaction will be debited from the account within 2 business days.
Cash deposits and withdrawals in ATMs.
The credit card’s validity period – 3 years.
The credit card’s account is a EUR currency account. If an amount in another currency is transferred to it, it will be automatically converted to EUR at the bank's exchange rate during the night.

When will it come in handy?

The protection applies to a shipment from an online shop if it is delivered damaged or not delivered at all and the retailer refuses to reimburse the damage, re-ship or replace the goods.

How does it work?

Purchases paid for by card are protected – you have the opportunity to file a a card transaction claim.
If your purchase has been delivered damaged or not delivered at all, fill out a card transaction claim via Internet Banking.
The amount of the card transaction claim compensation is the amount of your purchase.

Card transaction claim information

The items for which your card transaction claim has been rejected are protected by purchase insurance.

The items you’ve paid for by a bank transfer or the items for which your card transaction claim was rejected are protected by purchase insurance. The item must have a delivery tracking number.

Sums insured
Terms and Conditions of Purchase Insurance (pdf)
Purchase Insurance Information Document (pdf)

The insurance is provided by Swedbank P&C Insurance AS Latvian branch.

When will it come in handy?

A bike gets stolen
A child accidentally tears the winter jacket
Glasses fall and break
Water spills on the computer and damages it
Skis get broken
And in many other situations

Goods purchased with a credit card in a shop or online worldwide or by transfer from the credit card’s account are insured.
Durable goods are insured against theft, damage or destruction, even if this happens through own fault. Durable goods are items that have a useful life of at least 3 years. The useful life of products is determined by the manufacturer.
The insurance is valid for 365 days from the time of purchase for most items, including clothing, sports equipment, electrical appliances, etc.
The insurance is valid from the time the credit card agreement is signed and remains in force until the agreement is terminated or switched to other type of credit card.
The insurance is valid if the credit card agreement is in force continuously from the time of purchase until the insurance claim is made.
Proof of purchase and payment must be submitted to make the insurance claim.

Purchase Insurance Terms and Conditions (pdf)

Purchase Insurance Information Document (pdf)

The sums insured are per each insured item, each insured event and each calendar year.

Per one item – 1000 EUR
Per one insured event – 2000 EUR
Per one calendar year – 4000 EUR
For a special group of insured items – 400 EUR Computers, tablets, their parts and external devices, mobile phones, glasses (including sunglasses), watches, unique items, jewelry (including precious stones, precious metals and pearls), a damaged or undelivered item from an online shop.
The deductible for each insured event – 30 EUR

The insurance is provided by Swedbank P&C Insurance AS Latvian branch.

When will it come in handy?

Ticket costs are covered if you or a member of your family are unable to attend the event due to illness, death, accident, transport disruption or other circumstances specified in the terms and conditions.
The insurance applies to public events taking place in Latvia – concerts, theatre performances, conferences and sports events – if the tickets have been purchased by the credit card holder.

Purchase tickets by paying with a credit card or by transfer from the credit card’s account. The insurance is valid if the credit card agreement is in force continuously from the time of purchase until the insurance claim is made.
The total amount of tickets insured per calendar year is 1000 EUR.
No deductible, but the amount of insurance indemnity for unused tickets must be at least 30 EUR.

The insurance is provided by Swedbank P&C Insurance AS Latvian branch.

Pricelist and conditions

Card’s monthly fee – 2.50 EUR.
Card production and delivery by post - 2 EUR, to the branch - 4 EUR.
Interest rate from 20% per year. It is set for each customer individually.

Terms of Use of Credit Cards (pdf)
Purchase Insurance Terms and Conditions (pdf)
Purchase Insurance Information Document (pdf)

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

Service		Price, EUR
Receiving
Ordering the card	Easier via Internet Banking	Free of charge	The card delivery method can be selected via Internet Banking.
Card production and delivery	Best value by post	2.00-4.00 By post in Latvia - 2.00 At branches - 4.00	The fee is debited automatically after activation of the card. The fee for a card produced after expiry of the previous card's validity period is payable by the customer in the last month of the validity period of the previous card or after activation of the card.
Accelerated production and delivery of card		35.00	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 our branches or at a delivery address specified by the customer to the bank after the decision is made if the credit limit for the credit card has not yet been approved. Part of this fee (a minimum of 20 EUR) is transferred by the bank to third parties for the card delivery service.
Using
Monthly fee		2.50	The fee is debited from the account linked to the credit card on the monthly payment date set in the agreement. The fee is debited automatically for each month when the card has been in customer’s use.
Purchases in Latvia and abroad		Free of charge
Currency exchange mark-up		2%	The fee is charged if the transaction (purchase or cash withdrawal) is made in a currency other than the card currency. Information about current exchange rates is available on the websites of the international card organizations www.mastercard.com and www.visaeurope.com
A transfer from the credit card account		See Payments	Fees for transfers from the credit card account are identical to those for payments from the current account.
Cash transactions		See Cash transactions in ATMs and retail outlets
Purchase Insurance		Free of charge	More about Purchase Insurance.
Interest-free period		Until end of the current month	The interest-free period applies to card purchases only. The interest-free period does not apply to cash withdrawals and transfers.
Interest rate per annum on amount outstanding		From 20%	The interest rate is set individually and depends on the customer’s credit history, amount of loan obligations, and transfers of regular income to their account with Swedbank.
Exceeding the credit limit and using the credit limit not repaid on time		0.167% of the exceeded amount per day
Early partial repayment of credit	Easier via Internet Banking	Free of charge
Changes in the credit card agreement		Free of charge
Balance in ATMs
In Swedbank ATMs in Latvia		Free of charge
- In ATMs of other banks		0.40
Printout of last 5 transactions in Swedbank ATMs in Latvia		0.20
Emergency cash assistance in Western Union service points		42.00	In cases of loss or blocking of the card.
Claim processing		Free of charge	Cards can be easily and quickly suspended in the mobile app, and will be closed automatically within 10 days.
Closing
Closing the card	Easier Internet Banking and the mobile app	Free of charge	Cards can be easily and quickly suspended in the mobile app, and will be closed automatically within 10 days.

Effective from 01.09.2022.

How to Apply

Apply for the credit card via Internet Banking.
We will inform you of the decision by phone or via SMS.
Read the conditions, accept them and sign the agreement (new lending transactions may be concluded and credit cards may be activated via Internet Banking between 7 AM and 10 PM). Automated aggregation and registration of data on transactions concluded during the day takes place after 10 PM and, pursuant to the Consumer Rights Protection Law, it is prohibited to enter into consumer lending contracts during night time until 7 AM.
After signing the agreement, you can immediately start using the credit card limit.
Your card will arrive within 5 working days.
When you receive your card, log in to Internet Banking or in mobile app and activate it there (new lending transactions may be concluded and credit cards may be activated via Internet Banking between 7 AM and 10 PM). Automated aggregation and registration of data on transactions concluded during the day takes place after 10 PM and, pursuant to the Consumer Rights Protection Law, it is prohibited to enter into consumer lending contracts during night time until 7 AM.

Income

Your after-tax income must be at least EUR 600 (for Platinum EUR 670) per month.
You must be earning a steady income for at least 6 consecutive months and your probation period must be over.

Obligations

Monthly expenses for covering your credits may not exceed 40% of your monthly income.
You may not have outstanding credits in Swedbank or from other creditors or unpaid bills for different services.
Be ready to submit the official documents evidencing the income if the expected source of repayment is not a salary/wages.

Partners’ offers

Sustainability

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.

New! From now all newly issued Revolving credit cards are made of recycled plastic!

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)

The card comes with included travel insurance for the whole family and 180-day purchase insurance.

Swedbank's best travel insurance, access to airport lounges and rental car insurance.

Insure yourself against a sudden illness or unemployment in the amount of credit card liabilities.

Card related questions and card claims

Insurance related questions and claims

phone
Insurance is provided by Swedbank P&C Insurance AS Latvian branch.

Make insurance claim

If the medical expenses are above 1000 EUR, they must be agreed with us in advance by phone on +371 67 444 449.

You have already presented an application for this product. Do you want to fill a new application?

Swedbank Credit Card

For shopping with confidence

New! Experience more with Priceless

Card properties

When will it come in handy?

How does it work?

When will it come in handy?

When will it come in handy?

Pricelist and conditions