Credit card provides protection for your holiday trips and purchases
Almost all of Nordea credit cards include insurance, in addition to an interest-free payment period and an instalment-free period. The prerequisite for the validity of the insurance is that you pay your purchases with the credit facility of your card.
For instance, a Nordea Gold credit card includes Travel Insurance and Product Safety Insurance if you buy your holiday trip or a sofa, for example, with credit. Paying larger acquisitions with credit is usually sensible in order to be entitled to insurance even if your finances sufficed for cash payments. Thanks to the average 30-day interest-free payment period*, paying with credit will not incur extra costs, and you get protection for your purchases and acquisitions.
*The annual percentage rate of charge calculated on a Nordea Gold Mastercard credit of 1,500 euros is 16.5% (for customers with a service package, November 2020)