A credit card with fixed payments is ideal for making bigger purchases in Estonia and in abroad.

• Repayment occurs once a month, pursuant to agreed date and amount
• You can make additional deposits to the card, increasing thereby the card’s purchase power.
• Annual interest is 18% on the used amount of credit. We begin the interest calculation when you start using the card.
• The interest for the users of Super+, 60+ or Family Plan is 14%.
• Card is issued free of charge (except for Picture card)
• The card has no monthly maintenance fee
• You may buy also travel insurance with the card Read about travel insurance
   

Credit limit

• Minimum credit limit is EUR 200
• If your monthly net income exceeds EUR 640, the maximum limit will be twice your monthly net income
• If your monthly net income is 320-640, the maximum limit will be your one month net income

User limit

• Minimum user limit of the card is EUR 0
• Maximum user limit of the card is EUR 6500.
• The user limit determines the amount, within which it is possible to carry out transactions with the specific card in a calendar month User limit may be higher than credit limit, however not more than EUR 6500.

Repayment

• Repayments of a fixed-payment credit card are made in fixed repayments on a specific date. Additionally, you can make payments to your account in order to speed up the repayment of the exhausted credit limit.
• You can choose a suitable payment date between 5th and 15th of the month
• Interest calculation will begin when you start using the card.

Limit of mandatory repayment

• If your monthly net income exceeds EUR 640, the maximum mandatory repayment limit will be your one month net income
• If your monthly net income is EUR 320-639, the maximum mandatory repayment limit will be half of your one month net income
• Minimum amount of mandatory repayment is 1/24 of credit limit

Other conditions

• Card is issued free of charge and has no monthly maintenance fee
• A fee is applied to cash withdrawal from an ATM
• You can make additional deposits to the card, increasing thereby the card’s purchase power.
• Upon expiry of the three-year term of the card, we shall automatically prepare you a new card and inform you in a letter of the branch where the card is sent. You may also order the card home by post, in which case the card must be activated in Internet Bank after receiving it.

Read more about sending the card home by post
Terms and conditions of agreement for credit card with standing payment

Annual percentage rate as a typical example

The annual percentage rate of a fixed payment credit card is 19.86% per year under the following sample conditions: credit limit €1000, repayment in equal instalments over 24 months, interest rate 18%.

The annual percentage rate of a fixed payment credit card (picture card) is 20.26% per year under the following sample conditions: credit limit €1000, card issue fee €3.20, repayment in equal instalments over 24 months, interest rate 18%.

Requirements to applicants

• You can apply for the card if you are at least 18 years of age
• Your monthly net income, i.e. income, from which the taxes and other monthly repayment obligations (e.g. loans and leases) have been deducted, is at least EUR 320
• If your salary has not been received in SEB for the last 6 months, you need to present an account statement for the last 6 months of the bank where the salary was received so far. In addition, please submit a confirmation of your employer, that from now on your salary will be transferred to SEB.

Application

To order a credit card with fixed payments, fill in the application on our webpage, in Internet Bank or at your nearest SEB branch.

We shall send the answer to your application in a few days. In case of a positive answer, we shall inform you of the day, when you can pick up the card.