3000 euros
3000 euros
45 days
It provides more than you expect
To apply for an SEB Mastercard World Elite credit card, please contact SEB Private Banking by sending an e-mail to privaatpangandus@seb.ee or calling +372 665 6200.
Travel concierge service
Fast Track check-in at Vilnius, Riga and Tallinn international airports
Priority Pass – the opportunity to use business lounges at over 700 international airports
Car rental benefits, discounts and benefits in the hotels all around the world
World Elite travel insurance
The Mastercard World Elite credit card comes with free travel insurance with a broad cover provided by SEB in cooperation with PZU Kindlustus*.
It is valid worldwide (except for the country of residence of the insured person) and includes free insurance cover for the spouse or partner (with whom the insured person is in a non-marital relationship) travelling with the insured person and for two children under 18 (or under 22 if enrolled for full-time study).
NB! The insurance cover does not apply to the territory of the Russian Federation and Belarus and due to the state of war in the territory of Ukraine.
Learn more about travel insuranceLearn more about indemnified expenses
If you need urgent medical help while traveling, call PZU's 24-hour customer support on +372 662 4545. Please report any accidents to PZU, telephone: +372 622 4545; e-mail: seb@pzu.ee or via webpage.
* PZU Kindlustus is the Estonian Branch of the Lithuanian insurance company AB Lietuvos draudimas, which is a part of the international PZU Group and uses the PZU trademark in Estonia.
Travel concierge service
The Mastercard Concierge service means your personal assistant abroad, available on a 24/7 basis. The price for concierge service is included in the monthly fee for Mastercard World Elite.
Your personal assistant will provide you with information on various matters, advise you on the best service providers in various fields, make service reservations/bookings. If necessary, subject to your approval, your personal assistant may pay for the services, using your World Elite card data.
Please review the terms and conditions of use for the Mastercard Concierge service.
Fast Track check-in at Vilnius, Riga and Tallinn international airports
Thanks to priority security check, the Mastercard World Elite credit card will save you time at Tallinn airport, Riga airport and Vilnius airports.
In order to skip the line in Tallinn airport, Mastercard World Elite card must be swiped through a validator, inside the SEB Fast Track gate. Priority security check applies to the cardholder, to one companion traveller of the cardholder and to the cardholder’s children.
The invitation for priority security check in Riga airport can be collected at the special terminal in front of Check-in area. In Riga airport you can print two priority security check invitations over a 24 hour period.
In Vilnius airport Priority security check point is located on the left from the common aviation security check point on the first floor of the Departures.
Fast Track check-in at international airports
Upgrade your airport security experience with Mastercard® Airport Security Fast Track. Skip the queue. Maximise your time to relax, shop and dine in the airport.
To get access for booking the fast track service:
- Please make sure that internet purchases are enabled for your World Elite credit card
- Register your personal account in the Mastercard Travel Experiences mobile app (available on iOS and Android operating systems) or website
- After account registration you are ready to pre-order fast track for your upcoming airport visit
To book the fast track:
- Choose an airport, number of travellers, and the desired time slot
- Use your free Fast Track passes or pay using your registered Mastercard World Elite credit card
- Receive your eTicket via e-mail or in the app
- Arriving at the airport, proceed to the Fast Track zone of the terminal you need and show Airport Fast Track e-ticket to gain access
* The Fast Track pass can be used for free at the airports included in the program until 30.12.2023 only by the card holder. For traveling companions, the cardholder can purchase a paid Fast Track pass by paying with a registered Mastercard World Elite credit card.
Car rental benefits
If you like driving a car and enjoy all advantages of travelling by car, use the car rental benefits, provided for Mastercard World Elite cardholders.
- Up to 15% discount off standard rates
- Expedited Gold Service at over 1000 locations worldwide
- Bypass the queues and the counters at more than 50 of the world’s busiest airports
- Gold Plus Reward Programme 900 bonus points upon enrolment
Priority Pass
The Mastercard World Elite credit card comes with the internationally recognised Priority Pass membership card.
Priority Pass is the world’s biggest business client lounge access programme – it provides access to business client areas at 1300 airports on five continents, where you can enjoy peace, quiet and refreshing beverages.
The Mastercard World Elite credit card provides access to the business client area of the Priority Pass programme at no additional charge four times a year for one person or twice a year for two people.
To be able to enjoy the advantages of a business client area, register your Priority Pass membership card when entering.
For a list of business client areas, visit prioritypass.com/en/airport-lounges. A list of business class lounges is available online www.prioritypass.com/en/airport-lounges or www.prioritypass.com/en.
Please read the terms and conditions of use for the Priority Pass membership card (PDF).
Gold Plus Rewards - all global renting bookings at over 8500 locations across 147 countries
To use car hire upgrades, discounts and superb benefits you can join Avis Preferred programme with free membership for the recurring membership period of two years.
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.
For additional security of online purchases made with cards, you need also to connect to your internet bank, thus confirming your identity.
Types of repayment schemes
Interest-free credit card
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.
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.
Your card will be blocked so that it cannot 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
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
- To apply for the card, your monthly net income must amount to at least EUR 3000.
- Minimum credit limit of the card is EUR 3000.
- The credit is interest-free until the chosen day of the next month, when you have to pay for the transactions of the previous month.
- In case the user limit of the card is changed, the limit takes effect immediately.
- All service fees of the card are calculated within the user limit (e.g. cash withdrawal, monthly fee, changing the limit, etc.).
- The card comes with the internationally recognized Priority Pass membership card, PZU* travel insurance, Mastercard Concierge assistant service, priority security check at Tallinn, Riga and Vilnius airports and Mastercard Airport Security Fast Track priority security check at airports around the world.
Terms and conditions of international credit card agreement
Typical example of annual percentage rate of charge
The annual percentage rate of charge of the Mastercard World Elite credit card is 5.68% under the following sample conditions:
- a credit limit of 9,700 euros, which is immediately used in full each month and repaid as a single payment in the following month;
- card activation (issue) fee 39 euros;
- monthly maintenance fee 39 euros;
- monthly fee of the current account 0.30 euros.
The amount of repayments by the client is 9,700 euros and the total amount is 10,210.60 euros.
* PZU is the trademark of AB “Lietuvos draudimas” Estonian branch. AB “Lietuvos draudimas” is a Lithuanian non-life insurance company, belonging to the international PZU Group.
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