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Credit card with fixed payment

Special offer: new fixed repayment credit cards signed between 17.10 and 30.12.2022 (Mastercard credit card, Pildikaart Krediitkaart MC and Mastercard Gold credit card) are free of card monthly maintenance fee until 31.03.2023.

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Minimum

200 euros

A credit line up to 200% of your monthly net income

fee

Card is issued free of charge and has no monthly maintenance fee

up to

150 euros

Contactless payments

It provides more than you expect

Secure payments. Apply remotely and receive card by post in a few days
Access to your own money and to the credit granted by the bank. If you are not using the bank’s money, you will not be charged for it.
At SEB ATMs you can change your card’s PIN with the one you prefer
You may buy also travel insurance with the card.

Wide range of coverage

  • Travel expenses
  • Car rent
  • Hotel reservation
  • Your car repair costs
  • Replacing broken household appliances
  • Larger purchases
  • Your medical expenses

Travel insurance

Affordable travel insurance for up to three family members. The annual insurance premium of PZU* travel insurance is only 89 euros. In addition to the Gold card owner, the insurance additionally covers up to three family members
The insurance is valid all over the world (except in the Republic of Estonia). You can conclude the travel insurance agreement in the Internet Bank

Learn more

* PZU is the trademark of AB “Lietuvos draudimas” Estonian branch. 
 

Card payments

  • In the internet bank or mobile app you can set allowed transactions and spending limits for your cards.
  • For additional security of online purchases made with cards, you need also to connect to your internet bank, thus confirming your identity.
  • Contactless functionality makes small purchases simple and quick, without inserting your card in the POS terminal and entering the PIN code. Maximum amount of contactless payment is 150 euros. 

How to make your card payments or payments from card account even easier:

 

  • Transfer money in the mobile app to recipients from your phonebook
  • Set up standing orders and review them in the internet bank
  • Make payments with Android phone by creating a digital version of your card
     

Compare credit cards

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private card predetermined repayment image

Credit card with predetermined repayment

  • Your monthly net income is at least EUR 640
  • 1.60 euros a month
  • Up to 45 days of interest-free credit
  • Possibility to transfer credit limit
  • Possibility to use your own funds
  • You can choose the day of repayment (5th – 15th date)
  • Make contactless payments up to 150 euros

    

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credit-card-with-fixed-payment

Credit card with fixed payment

  • Free of charge
  • Regular monthly repayment
  • Additional contributions possible
  • Special interest of 16% for users of Super+, Senior or Family Plan
  • Make contactless payments up to 50 euros

 * Special offer: new fixed repayment credit cards signed between 17.10 and 30.12.2022 (Mastercard credit card, Pildikaart Krediitkaart MC and Mastercard Gold credit card) are free of card monthly maintenance fee until 31.03.2023.

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Mastercard Gold credit card

Mastercard Gold credit card

  • Free of charge*
  • To apply for the card, your monthly net income must amount to at least EUR 1200
  • Up to 45 days of interest-free credit
  • Priority service at bank offices
  • Possibility to transfer credit limit
  • Possibility to use your own funds
  • You can choose the day of repayment (5th – 15th date)
  • Make contactless payments up to 150 euros
  • Higher monthly transaction limits provide more flexibility for your payments

 * Special offer: new fixed repayment credit cards signed between 17.10 and 30.12.2022 (Mastercard credit card, Pildikaart Krediitkaart MC and Mastercard Gold credit card) are free of card monthly maintenance fee until 31.03.2023.

Get more for less with our service plans

SEB Plans include all the daily banking services, which are important for you
For the users of Super+, Senior and Family Plan:

  • No monthly fee is applied for credit card with predetermined repayment or credit card with fixed payment
  • Special interest of 16% for credit card with fixed payment

The more services you use, the more favourable the chosen service plan will become for you. 
 

Types of repayment schemes 

Credit card with predetermined repayment


The amount of credit limit is from 1200 euros up to 100% of your monthly net income. You may use the interest-free credit limit free of charge for up to 45 days – if you pay back the used credit limit amount by the 15th day of the next month, no interest will be charged, and the full credit limit will be available again.

Credit card with fixed payment

 

  • 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.
  • Minimum amount of mandatory repayment is 1/24 of credit limit.
  • You can choose a suitable payment date between 5th and 15th of the month.

In case you lost your card

If your card is lost or stolen, please block it immediately:

  • in the internet bank (section “Accounts/Cards” → “My cards”);
  • in the mobile app (in the Cards section, select your card and press Blocking);
  • SEB 24/7 help line no +372 665 5100.

If your card is lost or stolen, please block it immediately:

Your card will be blocked so that it can not be used by anybody.

Private individual

1. Credit card with fixed payment
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM free of charge
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM free of charge
issuance of a replacement card EUR 5
monthly fee free of charge
2. Picture card with fixed payment
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
issuance of a replacement card EUR 5
monthly fee free of charge
3. Mastercard credit card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM free of charge
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM free of charge
issuance of a replacement card EUR 5
monthly fee EUR 1.60
4. Picture card credit card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
issuance of a replacement card EUR 5
monthly fee EUR 1,60
5. MC Gold credit card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
issuance of a replacement card EUR 5
monthly fee EUR 3,50
6. Mastercard Platinum credit card (with Priority Pass service and travel insurance Platinum)
activating the card at a bank office or through the customer support (1) EUR 25
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 20
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 25
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 20
monthly fee EUR 10
7. Mastercard World Elite credit card (with Priority Pass service and travel insurance World Elite)
issue (with the cover of Emergency service, incl. prolongation) EUR 39
issuance of a replacement card EUR 19
additional card EUR 39
monthly fee EUR 39

Legal entity

1. Mastercard Business credit card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 2
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 2
issuance of a replacement card EUR 5
monthly fee EUR 3
2. Mastercard credit card-Picture card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
issuance of a replacement card EUR 5
monthly fee EUR 3
3. Mastercard Gold credit card
activating the card at a bank office or through the customer support (1) EUR 5
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 5
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 3,50
issuance of a replacement card EUR 5
monthly fee EUR 7
4. Mastercard Platinum credit card (with Priority Pass service and travel insurance Platinum)
activating the card at a bank office or through the customer support (1) EUR 25
activating the card in the Internet Bank, the mobile app, or at an ATM EUR 20
activating the prolonged card and additional card at a bank office or through the customer support (1) EUR 25
activating the prolonged card and additional card in the Internet Bank, the mobile app, or at an ATM EUR 20
issuance of a replacement card EUR 10
monthly fee EUR 12

(1) A card ordered to a bank office always activated by an employee of the bank office when the card is issued.

General transaction and service fees

1. Approval of loan limit free of charge
2. Annual interest of used loan 18%
3. Credit card with fixed payment (MC credit card, Picture card)
interest on used credit 18% per year
4. Approval/extension of credit limit free of charge
5. Security deposit interest rate one-month term deposit
6. Agreement amendment
loan limit change free of charge
lowering the credit limit free of charge
increasing the credit limit EUR 10
permanent change of monthly limit  
  at a bank office EUR 3.20
  internet-bank free of charge
7. Temporary card´s limit increase 1,5% of additional limit, min. EUR 8
8. Regular statement
by e-mail to a legal entity(1) free of charge
by post in Estonia EUR 0.4 per page, min EUR 4
by post outside Estonia EUR 0.4 per page, min EUR 10
9. Single statement at a bank office
for up to last 10 years EUR 4
10. Balance inquiry (balance; last transactions)
from SEB Estonia ATM's free of charge
from other bank's ATM EUR 0.40 / per inquiry
11. Payment at a service enterprise (fee for transaction in foreign currency will be added) free of charge
12. Cash deposit in SEB Estonia ATM’s (2)
up to EUR 4000 in a calendar month per client (holder of account(s)) with credit and/or debit card free of charge
if the amount exceeds EUR 4000 in a calendar month per client (holder of account(s)) with credit and/or debit card 0.3% of the deposited amount
13. Cash withdrawal from cash machine or bank office (incl. abroad) Fee for transaction in foreign currency will be added EUR 2 + 2.5% of the withdrawn amount
14. Transfer of credit limit to current account EUR 2 + 2% of the transaction amount
15. Fee for transaction in foreign currency (3)
transaction original currency is other (excl. EUR) 1,5% of the transaction amount
16. Blocking of card by bank free of charge
17. Debt claim letter EUR 5
18. Contractual penalty for use of blocked card, breach of limit or amounts not paid in time EUR 65
19. Duplicate of POS receipt
domestic transaction EUR 4
cross-border transaction EUR 8
20. Unjustified demand for refund
domestic transaction EUR 12
cross-border transaction EUR 16
21. Preparation of express bank cards EUR 40
22. Sending a card by
mail in Estonia free of charge
registered mail in Estonia EUR 5
mail outside Estonia EUR 10
23. Using Priority Pass service EUR 27 per using
24. Taking a bank card from an ATM and returning it (4) EUR 30

(1) Starting from 11.10.2018, it is not possible to order regular account statements by e-mail.
(2) Maximum cash deposit limit per private person (holder of account(s)) in a month EUR 10,000, per business customer (holder of account(s)) EUR 15,000 a month.
(3) All claims for Card Operations executed in a foreign currency are received by the Bank from international card organisations (Mastercard), converted into euros according to their determined exchange rates.
(4) Only bank cards issued by foreign banks shall be returned. Confiscated cards are returned at the Tornimäe or Tartu bank branch

Credit limit

  • Minimum credit limit is EUR 200
  • Maximum limit is twice your monthly net income

Card Usage Limit

  • Minimum usage limit of the card is EUR 0
  • Maximum usage limit of the card is EUR 6500.
  • The card usage 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.
  • Minimum amount of mandatory repayment is 1/24 of 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.

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 fixed payment


Annual percentage rate as a typical example

The annual percentage rate of charge of an instalment credit card is 22.00% under the following sample conditions:

  • a credit limit of 1,000 euros, which is immediately used in full;
  • card activation (issue) fee 5 euros;
  • monthly fee of the current account 0.30 euros;
  • fixed annual interest rate* of 18% of the credit amount used;
  • repayment within a year in 12 monthly payments.

The amount of repayments by the client is 1,090.60 euros and the total amount is 1,099.20 euros. The agreement is concluded without a term and the annual percentage rate of charge, amount of repayments and total amount may increase if the repayment occurs over a longer period of time.
* Interest rate depends on the applicable benefits (e.g. with an SEB Plan, the lower interest rate of the respective plan is applied).

The annual percentage rate of an instalment credit card as a Picture Card is 21.63% under the following sample conditions:

  • a credit limit of 1,200 euros, which is immediately used in full;
  • card activation (issue) fee 5 euros;
  • monthly fee of the current account 0.30 euros.
  • fixed annual interest rate* of 18% on the credit amount used;
  • repayment within a year in 12 monthly payments.

The amount of repayments by the client is 1,308.65 euros and the total amount is 1,317.25 euros. The agreement is concluded without a term and the annual percentage rate of charge, amount of repayments and total amount may  increase if the repayment occurs over a longer period of time.
* Interest rate depends on the applicable benefits (e.g. with an SEB Plan, the lower interest rate of the respective plan is applied).

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+, Senior or Family Plan is 16%.
  • 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
  • To enable online purchases the card has been integrated with the “3D Secure” programme.

Requirements to applicants

  • You can apply for the card if you are at least 18 years of age
  • Your monthly net income is at least EUR 500
  • 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 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.

Checklist for the applicant of credit card

Taking a credit card is an important decision, involving risks. We would like to help you in preparing an informed decision.

When applying for a credit card, you should do a proper homework:

  • consider for what and how much credit you need and what would be your sources for repayment;
  • submit us true and adequate information for making the credit decision;
  • make it very clear for yourself which costs are involved in taking the credit card;
  • consider with the possibility that your financial situation may deteriorate and you must be able to repay the credit also when it happens;
  • examine carefully all credit documents (agreement, information sheet, etc.), before signing;
  • there are no unsolvable problems and situations, but there are different options – we are your partner, who you should contact well in advance even if you encounter problems with repaying the credit.

You may ask information about the terms and conditions of our credit card and get explanations both, before concluding the agreement as well as during its term. In case of questions, contact us on the general information lines of SEB Pank.
 

When examining the terms and conditions of credit card and the agreement, please pay attention to the following:


1. Standard European Consumer Credit Information

Before conclusion of a credit card agreement, we deliver to you for your information a personal Standard European Consumer Credit Information sheet, on which we give brief information on the more important conditions of the agreement. Please examine carefully the information presented on the information sheet.

2. Drawdown of credit

You can use the credit as of receiving your card. To use an instalment credit card, a separate card account is opened for you. Your card must be active to use the credit.

3. Right to withdraw from the credit card agreement

After signing the agreement, you may still withdraw from it within 14 days on conditions set out in the agreement.

4. Interest and changes in interest

Interest is a fee, which is paid for using the credit.

The interest rate of an international credit card (charge card) is 0%.

For an international charge card and instalment credit card with loan limit the interest depends on the price applicable to the client. The interest according to price list is 18% per year. The actual interest rate depends on the applicable benefits (such as lower interest rate applied to some SEB Plans). The bank does not inform the client separately on the establishment and expiry of a special interest rates.

5. Payments

If your international credit card (charge card) has no loan limit, you will repay each month on the payment date specified in the agreement the amounts of transactions received by the bank in the last month and the commission fees.

If your international charge card has a loan limit, you will pay each month on the payment date

  • interest calculated on the part of loan limit used in the previous month;
  • total amount of transactions received by the bank in the last month and commission fees on the part, exceeding the loan limit;
  • used part of the loan limit at least within the minimum monthly repayment amount fixed in the agreement. If the funds in your account exceed the minimum repayment on the payment date, the bank may debit the monthly loan limit repayment within the extent, which amounts to the maximum repayment fixed in the agreement.

For an instalment credit card, you will pay each month on the payment date specified in the agreement:

  • interest, calculated on the credit limit used in the previous month;
  • the credit amount exceeding the mandatory repayment limit within the mandatory repayment amount, if, on the 1st day of the given month, the used amount of credit exceeds the mandatory repayment limit.

If funds have been transferred to the card account from the 1st day of the given month until the payment day, you will have to pay an amount of mandatory repayment which is less by the receivables for the respective period. The bank shall not make a transfer from your account, if the mandatory repayment to be debited is less than 10 euros on the payment date.

Upon termination of the agreement or in any other case as stipulated in the agreement (e.g. if your card has been blocked for at least 2 months), you will be obliged to repay the entire used credit amount. For an international charge card with a loan limit and an instalment credit card, and if all the cards related to the agreement have been closed and you do not have any other arrears towards the bank, you may repay the used credit amount during the agreed period (within a maximum of two years). Whereas you undertake to pay the bank an annual 20% of interest on each payment date of the outstanding amount of credit.

6. Early repayment

The used credit amount of an international charge card cannot be repaid before term. Payments are made automatically only on the payment date.

You can repay the used part of the loan limit of an international charge card or the used credit amount of an instalment credit card before the term at the time suitable for you, by making a payment in internet bank or at a bank office.

7. Amendment of the terms and conditions of the credit card agreement

The bank has the right to change the terms and conditions of an international credit card and instalment credit card unilaterally, by giving an advance notice of two months.

The account holder may cancel the agreement by notifying the bank thereof at least one month in advance. After having received a cancellation application of the agreement, the bank shall close all cards tied to the agreement.

8. Consequences and costs of violating the credit card agreement

The bank has the right to block the use of a credit card to full extent or in part for specific transactions, inter alia, if

  • You do not fulfil your contractual obligation (such as the repayment obligation) and remain in arrears to the bank;
  • The bank becomes aware of a fact, pursuant to which it may reasonably conclude that
    - your solvency has deteriorated;
    - due performance of the agreement is questionable, or
    - the card is or may be used against your will;
  • You have not used the card for at least six (6) consecutive months;
  • There are other grounds for blocking, which arise from the agreement or the general terms and conditions.

The Bank shall release the block on the use of the card within 10 calendar days as of receiving the application of the account holder, if the circumstances forming the basis of blocking have lapsed. The credit card agreement ends when all cards issued based on the agreement have been blocked for at least two consecutive months.

If you do not make the contractual payments in due time, we may demand penalty for late payment within the rate as set out in the agreement.

Should you remain in arrears, we will first send you a reminder. If the debt is still not settled, we shall send you a debt notice, for which you will be charged. If the payments are overdue for more than 45 days, we shall forward the debt information to a payment default registry (Creditinfo Eesti AS). All costs related to debt collection shall be borne by you.

9. Costs related to the credit card agreement

For using the credit card, you will have to pay the card issue fee and a monthly maintenance fee. Please read also the price list of credit cards, which you can find from our webpage.

Credit card agreement involves also the following fixed costs:

  • monthly fee of current account (price list);
  • fee for cash withdrawal at an ATM or branch;
  • 1.5% fee on the transaction amount for a transaction in a foreign currency.

10. Risk of possible decrease in solvency of the account holder

Please consider how to cope with the repayment of credit, should the overall economic environment deteriorate, your salary or other income decrease or your other expenditures increase.

To make a well-informed decision, analyse the actual financial situation of your family.

Contact us immediately if you encounter solvency problems. Call us right away also if your employment is terminated or an execution proceeding is commenced against you or your bank account has been seized. Together we shall find the most suitable solution to the situation.

11. Complaints and disputes

If you have any complaints concerning our activity, then first try to resolve the issue by negotiating with us. You can read about the general procedure of settling the disputes on our website.

If you feel that our answer is not the one you expected from us and you still think that we have violated your rights when granting the credit, you will have the right to turn to the Consumer Protection Board (Pronksi 12, 10117 Tallinn; www.ttja.ee) or the Financial Supervision Authority (Sakala 4, 15030 Tallinn; www.fi.ee), for advice and explanations.

Furthermore, in order to resolve a dispute, you may contact the Consumer Disputes Committee operating at the Consumer Protection Board or turn to court. A complaint to the Consumer Dispute Committee can be submitted also digitally via Online Dispute Resolution website at www.ec.europa.eu

Frequently asked questions

In case your card is lost or stolen, we suggest blocking it immediately. You can block the card: 

  • in the mobile app (“Cards” → “Card” → “Blocking”)
  • in the Internet Bank (“Accounts and cards” → “My cards” → “Block card”)
  • by calling SEB Bank at +372 665 5100 (24/7) or on Skype
     

Yes. You can order a new card in the Internet Bank section "Accounts and cards" → "New card". Debit cards are sent by post. We can send the card to your residential address, office address or anywhere else in Estonia or abroad, wherever you usually stay or prefer to receive the card at. Sending by ordinary mail in Estonia is free.

You can view your card’s PIN code in the Internet Bank section "Accounts/Cards" → "My cards" → "View PIN code".

Yes. You can change the PIN code by using an ATM of SEB.

First you need to activate the card. You can do it either in mobile app or the Internet Bank:

  • in the mobile app (“Cards” → “Card”)
  • in the Internet Bank (“Accounts and cards” → “My cards” → “Activate card”)
     

A maximum daily limit for cash withdrawal at an ATM by a debit card is 3500 euros.
You can change cash withdrawal limits:

  • in the mobile app (“Cards” → “Settings and limits”)
  • in the Internet Bank (“Accounts and cards” → “My cards” → “Change details”)

Which loan type is the most suitable for you?

Select the goal you wish to achieve and compare the available financing solutions.

Home purchase or construction

 

Buying a car

 

Home renovation and furnishing

 

Daily needs and larger purchases

 

Studying

 

Travelling