350 euros
Credit limit
Up to 45 days
or a credit line with 5% monthly repayment
Purchase insurance
is free of charge and takes effect automatically
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
Your purchases are insured automatically
Creditcard can cover a lot
- Travel expenses
- Car rent
- Hotel reservation
- Your car repair costs
- Replacing broken household appliances
- Larger purchases
- Your medical expenses
Travel insurance
Provided by If Insurance
Our credit cards provide convenience when travelling, as you do not need to worry about the purchase of travel insurance or compare various offers.
Our travel insurance, which we provide in cooperation with our partner If Insurance, is available for an unlimited amount of trips and remains valid for as long as the credit card is active, and the travel’s duration doesn’t exceed 60 days.
Purchase insurance
Provided by If Insurance
Purchases made with SEB credit card are insured. For example, furniture, clothing, footwear, musical instruments, sports and leisure items, toys, household appliances, computers and other goods intended for long-term use.
Purchase insurance doesn’t require additional application, it is free of charge and also applies to online purchases.
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 creditcards
Mastercard Standard
- Travel insurance free of charge
- Purchase insurance free of charge, including online stores
- Free of charge when using Active and Family plan, otherwise – 2.50 euros a month
- An interest-free credit limit for up to 45 days or a credit line for gradual repayment
- Additional funds up to the amount of two monthly salaries
Mastercard Premium (previously – Gold)
- Travel insurance for the whole family free of charge
- Flight Delay Pass - lounge access in case of flight delay
- Fast Track security check at international airports
- Purchase insurance free of charge, including online stores
- Monthly fee – 3.60 euros
- An interest-free credit limit for up to 45 days or a credit line for gradual repayment
- Additional funds up to the amount of two monthly salaries
- Higher monthly transaction limits provide more flexibility for your payments
Mastercard World Elite
- Travel insurance with an especially broad range of insured risks
- Mastercard Travel & Lifestyle Services – 24/7 access to luxury travel and dining benefits
- Fast Track security check at international airports
- Priority Pass – the opportunity to use business lounges at over 1300 international airports
- Car rental benefits, discounts and benefits in hotels all around the world
- Monthly fee – 35 euros
Get more for less with our Service plans
With the Active plan or Family plan, you can use a credit card without the monthly fee
With the Active plan at 4 euros per month or Family plan at 5 euros per month, you will have:
- an unlimited number of transfers within Latvia and to all SEPA countries
- a free Mastercard Debit payment card
- Mastercard Standard credit card without the monthly fee
Types of repayment schemes
Credit line
The available amount of credit limit is from 350 euros up to 200% of your monthly net income.
You may repay the used amount of the credit line to the bank gradually – in the period from the 5th to 15th day of the following month, by repaying only 5% of the used credit limit. Interest rate on used credit limit, contractual penalties and late payment interest according to price list are deducted together with the principal.
Interest-free credit card
The amount of credit limit is from 350 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.
In case you lost your card
In case of loss or theft of a card, it must be blocked for security reasons.
You can do this at any time:
- in the internet bank (section “Cards” → “My cards”);
- in the mobile app (in the Cards section, select your card and press Blocking);
- by calling the bank at +371 26668777
| Service | I Interest-free credit limit |
II Credit line | III Fixed payment1 |
|---|---|---|---|
| Fee for preparing a card/additional card, if activated in a bank or by calling the Client centre | 5.00 EUR | 5.00 EUR | 5.00 EUR |
| Fee for preparing a card/additional card, if activated in the internet bank, mobile app or ATM | 2.50 EUR | 2.50 EUR | 2.50 EUR |
| Fee for use of the card/additional card (per month)2 | 2.50 EUR | 2.50 EUR | 2.50 EUR |
| Replacing a card/additional card | 15.00 EUR | 15.00 EUR | 15.00 EUR |
| Replacing a card/additional card, if activated in the internet bank or mobile app | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Commission for purchase in Latvia and abroad | Free of charge | Free of charge | Free of charge |
| Cash withdrawal in another bank | 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash withdrawal at ATMs | 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash withdrawal at business operators' outlets | 2%, min 4.00 EUR | 2%, min 4.00 EUR | 2%, min 4.00 EUR |
| Cash deposit at SEB bank’s ATM: | |||
|
Free of charge | Free of charge | Free of charge |
|
0,1% of transaction amount | 0,1% of transaction amount | 0,1% of transaction amount |
| Changes in the credit card agreement (submitted to the bank) | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Changes in the credit card agreement (submitted in internet bank)3 | Free of charge | Free of charge | Free of charge |
| Reviewing an application of credit limit increase | 10.00 EUR | 10.00 EUR | 10.00 EUR |
| Fee for the used credit limit (per year) | 0% | 18% (1,5% per month) | 18% (1,5% per month) |
| Monthly repayment amount | 100% | 5% | Fixed in compliance with the agreement |
| Late payment interest (per year) | 36% (3% per month) | 36% (3% per month) | 36% (3% per month) |
| Contractual penalty (per year) | 36% (3% per month) | 36% (3% per month) | 36% (3% per month) |
Others charges and terms related to Contactless Mastercard
| Service | Fee |
|---|---|
| Fee for sending a card/additional card by mail in the territory of Latvia | 1.00 EUR |
| Fee for sending a card/additional card to abroad | 10.00 EUR |
| Fee for sending card/additional card to a parcel machine in Latvia | 2.30 EUR |
| Reviewing a complaint4, 5 | Free of charge |
| Change of PIN code in SEB bank’s ATMs | Free of charge |
| Fee for unblocking PIN code of a card in SEB bank’s ATMs, if the PIN has been entered incorrectly for 3 consecutive times while using POS terminal | Free of charge |
| Change of card transaction limit within SEB bank's standard limit (in person)6 | 5.00 EUR |
| Change of card transaction limit above the standard maximum limit set by SEB bank6 | 10.00 EUR |
| Consideration of a loan application | Free of charge |
| Checking the account balance through ATMs of: | |
|
Free of charge |
|
0.45 EUR |
|
1.00 EUR |
| Fee for urgent card issue7 | 30.00 EUR |
| Surcharge on currency exchange when the currency of the card’s main account is not that of the transaction currency8 | 3% |
The limit of transactions within one calendar month includes purchased and cash withdrawal transactions of 5,000 EUR.
Total cash deposit limit in ATMs with all customer’s cards is 7,000 EUR per month.9
For other services (current account maintenance, transactions in the account, processing of the customer’s documents etc.) which SEB bank provides to the customer in relation to payment card servicing, the customer pays in accordance with SEB bank’s General Price list for individuals.
A maximum of 200 banknotes can be deposited in an ATM in a single deposit transaction.
1 From December 2017 new cards with a fixed payment refund scheme are not offered.
2 Charged starting from the second month of using the card/additional card.
3 Except increase of the credit limit.
4 If processing of the complaint involves obtaining documentary proof of transactions, then a fee will be charged to the amount of the actual cost of the service.
5 Application shall be deemed received by us:
- on the current working day if the application is submitted and received before 16:00;
- on the next working day if the application is submitted after 16:00.
In case working day is shortened according to the law, the above deadline shall be one hour prior to end of the shortened working day.
6 Includes changes in POS, ATM and monthly spending limits.
7 If the card is ordered on business day by 12:00, it will be available at the Rīdzene customer service point on the same day after 16:00. If the card is ordered after 12:00, it can be received at Rīdzene on the next business day after 16:00.
8 Information about exchange rates is available on the home page of International card organizations
https://www.mastercard.com/global/currencyconversion/index.html and https://www.visaeurope.com/making-payments/exchange-rates.
9 SEB bank has the right to unilaterally reduce or increase the cash deposit limit upon evaluation of the Customer's business and personal activities.
Frequently asked questions
For security purposes, contactless payment functionality will be activated after you confirm your very first payment with the specific card with its PIN code. You can modify the contactless payment limits according to your daily needs and habits. Upon reaching this limit in one or several payments, the next purchase will need to be confirmed with the PIN regardless of the payment amount. This limit can be changed:
- in the mobile app (“Cards” → “Settings and limits”)
- in the internet bank (“Cards” → “My cards” → “Limits and Settings”)
In case you don’t use contactless payments, we suggest disabling this functionality for security purposes.
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 (“Cards” → “My cards” → “Block card”)
- by calling SEB at +371 26668777 (24/7)
Yes. You can order a new card in the internet bank section "Cards" → "New card". Cards are sent by post to your residential address, office address or anywhere else in Latvia or abroad, wherever you usually stay or prefer to receive the card at. The fee for sending card by mail in Latvia is 1 euro. The fee is not applied to customers under the age of 21, as well as to persons who have become a customer of SEB remotely (using a mobile app). The fee for sending the card abroad is 10 euros. You can also receive the card to an Omniva parcel machine in Latvia. The commission fee for sending a card to a parcel machine is 2.30 euros.
You can view your card’s PIN code in the internet bank section "Cards" → "My cards" → "View PIN code".
Yes. You can change the PIN code by using an ATM of SEB.
If you enter a wrong PIN three times in a row when making a purchase, the card will be automatically blocked for security purposes.
In such case, please contact the bank by writing a letter in the internet bank to request the card to be unblocked. Afterwards you can unblock the card at any ATM by entering the correct PIN code.
Remember that you can view your card’s PIN code in the internet bank. If necessary, you can change the PIN code using an ATM of SEB.
First you need to activate the card in one of these ways:
- in the mobile app (“Cards” → “Activate your new card” → “Activate”)
- or in the internet bank (“Cards” → “My cards” → “Activate card” and enter the last 5 digits of your new card’s number)
Renewed cards can also be activated by using ATMs of SEB – insert the card, enter the PIN code and select "Card activation".
The default daily limit for cash withdrawals at an ATM with a debit card is 1500 euros, but you can freely increase this limit up to 2200 euros:
- in the mobile app (“Cards” → “Settings and limits”)
- in the internet bank (“Cards” → “My cards” → “Limits and Settings”)
Please note that a commission fee is applied if you withdraw more than 750 euros during a month.
The design of the new payment and credit cards was inspired by the unique landscapes of the Nordic region. Each card has a different theme. For example, the debit cards for private individuals feature the Baltic Sea, while the business credit cards depict an evergreen forest.
In addition, 84% of the new card is made of bioplastics, produced using environmentally friendly corn starch. Thus, we reduce our CO2 footprint right from the start of production.
In our search for a greener way to produce payment cards, we analysed the full life cycle of the card – from the materials used in production, through the manufacturing process and transportation, to the end of the card's life cycle.
At the same time, it was important for us to find a material that was not only environmentally friendly, but also durable and safe. The bioplastic cards are tested and certified by the card manufacturer. The manufacturer assures that the payment cards will withstand a full life cycle. However, we remind you that the customer and the cardholder have a duty to safeguard the card and use it with care protecting it from mechanical or electronic damages.
The new cards are chip-enabled and can be used for contactless payments, just like the existing ones.
We've added a tactile cut-out to the most commonly used payment cards. This makes it easier for people with visual impairments to recognise and use the cards.
You will notice that we have already replaced your card image with the new design in the SEB mobile app, internet bank and digital wallets. Whereas, as to the plastic cards, we'll replace them gradually – when your current card expires, we'll automatically make you a new design card. This can lead to situations where you see an image of the new design card next to your existing old design card in the internet bank or on the mobile app.
You don't need to apply for a new card or take any other action – our existing cards will remain in operation as usual. When your card is about to expire, we will automatically produce and send you a new design card.
However, if you want to use the new design card now, you can replace the card or apply for a new card. Whereas, if you use a credit card, you can apply for additional card and then close your existing credit card.
Please note that charges apply for replacing a card, applying for a new card and ordering an additional card according to the price list.
We have introduced a new visual design for our cards, including the existing Mastercard Gold credit card. Furthermore, we have changed the name of the card to Mastercard Premium.
You will notice in the SEB mobile app, internet bank and digital wallets that we have already replaced your card image with the new design and changed the name of the card. Whereas, as to the plastic cards, we'll replace them gradually – when your current card expires, we'll automatically make you a new design card. This can lead to situations where you see an image of the new design card next to your existing old design card in online banking section or on the mobile app.
You don't need to apply for a new card or take any other action – your existing Mastercard Gold credit card will remain in operation as normal. When your card is about to expire, we will automatically produce and send you a with the new design and name.
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