Nordea Credit Mastercard

Nordea Credit Mastercard brings flexibility to your finances. If you have a combination card, you can choose whether to make a payment directly from your bank account or with the credit facility. When making payments with the credit facility, Mastercard Purchase Protection and Product Safety Insurance will protect your purchases. The credit limit you may apply for is 1,500–5,000 euros.

Nordea Credit Mastercard – security and flexibility

When you pay with your card’s credit facility, you get:  

  • added flexibility
  • security for your purchases.

You can start paying with wearables when you have Nordea’s payment or credit card and a smartphone, smartwatch or some other smart device. 

If you activate the Nordea Wallet mobile app, keeping track of your card transactions will be easy.

Nordea Credit Mastercard in brief

  • The credit limit is 1,500–5,000 euros.
  • You will receive an interest-free payment period of 30 days on average for all your purchases. 
  • The card comes with Product Safety Insurance and Purchase Protection.
  • You can have two instalment-free months a year.
  • The interest rate on the credit is the 3-month Euribor + 10.5%.

How to apply for a card

To qualify for the card, you need to have 

  • regular income 
  • a good payment history 
  • a clean credit record. 

You can also apply for a card with a family member aged 18 or older who resides in the same household.

The card will be posted to you.

Choose the payment method you prefer

With the contactless payment feature you can pay your purchases of less than 50 euros securely, without having to touch the payment terminal. 

You can also pay your purchases exceeding 50 euros without touching the payment terminal if you attach a mobile payment app to your card and pay the purchases by holding your smartphone or smartwatch close to the payment terminal. 

You can withdraw cash all over the world at ATMs carrying the Mastercard logo. 

When your card has the debit feature, you can pay for purchases and withdraw cash directly from your bank account in Finland and worldwide.

Shop safely online

Luottokortti, lukko ja paperikassi - small You can shop online once you have enabled online payments in Nordea Netbank or Nordea Mobile. 

When you pay with the credit facility of your card, you are covered by Purchase Protection. It helps you get your money back if anything goes wrong.

Similarly, the Product Safety Insurance included in the credit facility gives you considerable additional security for any products you purchase for your home or holiday home. This protection is valid for 180 days as of the purchase date. 

Flexibility to your everyday life

Desk calendar and an arrow visualising flexibility - small

You can choose whether to pay with credit or directly from your bank account. You will receive a monthly invoice on your credit card transactions. You can choose the due date of the invoice and the repayment amount (minimum instalment percentage). You only pay interest on the amount of credit left unpaid after the due date. 

In Netbank and mobile bank, you can see your card’s available balance as well as transfer money from your card’s credit facility to your bank account. You can also set a geographical usage area and online usage restrictions on your card.

Card usage

I have forgotten my PIN. Where can I find it?

You can check your PIN easily and free of charge from either mobile bank or Netbank. In mobile bank, you can check your PIN by selecting the card and tapping PIN code -> Show PIN. In Netbank, you can check your PIN under Overview or Finances -> Cards -> select card -> View PIN -> Show PIN. 

What does the 30-day interest-free payment period mean in credit cards?

The interest-free payment period is in practice a free loan for at least 30 days.  

Example: buying a vacuum cleaner

The due date of the credit card bill is the 15th of each month and the billing period is from 25 March to 26 April. We recommend that you choose the date on which you receive regular income as the due date to make it easy for you to pay the bill when you have money available. 

1 April You buy a vacuum cleaner.

15 April Due date of the credit card bill, on which you pay the bill for the previous billing period (March).

26 April Billing period changes. Any purchases made after this date will be billed in June.

15 May Due date for purchases made in April, including the vacuum cleaner in this case.

If you had bought the vacuum cleaner on 26 April, you would still pay it on 15 May. If you had bought the vacuum cleaner on 27 April, the due date would be 15 June instead. You can optimise the billing period of your credit card bill and make it as long as possible. You can have an interest-free payment period of as long as 45 days if you buy the vacuum cleaner on 27 April. 

How can I make changes to the security limits, usage area and online usage of my card?

Your card’s security settings can be changed in the old Netbank under Everyday finances -> Cards -> Security limits/Usage area and Internet. 

In the new Netbank, you can change the security settings by going to Finances -> Cards. Select the card whose settings you wish to change and edit the settings under ‘Card details’.

Frequently asked questions about payment and credit cards

Frequently asked questions about payment and credit cards

Credit interest

Credit interest

The annual percentage rate of charge calculated on a credit amount of EUR 1,500 taken with a Nordea Credit card is 17.7% (November 2020) for customers with a service package. The interest rate on the credit is the 3-month Euribor + 10.5%. The calculation includes the account management fee of 4.50 euros. 

E-invoice has been used as a default invoicing method in the calculation. No annual or monthly fee will be charged on the card included in the customer’s package. The annual percentage rate of charge for other customer groups is shown under Card terms/Standard European Consumer Credit Information. The minimum credit limit for Nordea Credit is 1,500 euros and the maximum credit limit is 5,000 euros. The credit is valid until further notice. The total repayable credit amount depends on the use of the credit, the agreed amount of the repayment instalments and the duration of the credit agreement. 

The creditor is Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki, FI-00020 NORDEA or Nordea Bank Oyj, Satamaradankatu 5, Helsinki, FI-00020 NORDEA. 

Prices for cards issued before 1 September 2019
Your rights when making payments in Europe

Apply for a card in netbank

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