Apply for FlexiCredit from Nordea

  1. Convenient digital services. Filling in the application in Netbank or Nordea Mobile is easy. You can easily adjust the repayment schedule for FlexiCredit in Netbank and Nordea Mobile at any time. You can manage your loans anytime it suits you. Read instructions for editing FlexiCredit settings.
  2. Nordea’s FlexiCredit is predictable. With fixed equal payments, you will always know in advance how much you need to pay. You will see the credit cost calculation and repayment calculation on the loan application. If the interest rates rise, your loan period will become longer.
  3. The process is quick. We will handle your FlexiCredit application quickly. You will, in most cases, get the decision instantly or in a few days at the latest. If we need additional information from you, we will contact you. Note: We will always contact you if you apply for credit with joint liability or debt consolidation. If you apply for credit with joint liability, we will always call the other applicant.

Pricing of FlexiCredit

You will see your price on the FlexiCredit application. Before sending us the credit application, we will show you the itemised costs of FlexiCredit based on the details you have filled in. Filling in the application does not commit you to anything – you can send it if you feel FlexiCredit is suitable for you.

Premium CustomersHome loan customersOther Nordea customers
Opening feeEUR 0.00EUR 0.00EUR 0.00
Account management feemax. EUR 12.50 per monthmax. EUR 12.50 per monthmax. EUR 12.50 per month
Interest rate margin2.90 %5.90 %8.90 %
Reference rateEuribor 3 kkEuribor 3 kkEuribor 3 kk
Annual percentage rate of charge, example calculationExample calculation for Premium CustomersExample calculation for home loan customersExample calculation for other customers
Calculations for FlexiCredit drawn down after 1 September 2019.

Nordea FlexiCredit won the review conducted by Kuluttaja magazine

Nordea FlexiCredit is the winner of Kuluttaja magazine’s test. The review covered all companies in Finland which offer unsecured credit products to personal customers and to whose customers the Finnish Financial Ombudsman Bureau (FINE) provides advice and help with resolving disputes. Their credit terms and conditions, credit-related costs and customer satisfaction were assessed. This data was collected from banks, dispute settlement bodies and EPSI Rating in May 2022. The credit terms and conditions assessed included the loan amounts and loan periods offered by the banks, monthly loan payments, the interest rate on the loan and the annual percentage rate of charge, the fees charged by the banks and an option for a payment holiday.

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Check your price

You will see your price on the FlexiCredit application.

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Unsecured FlexiCredit – Frequently asked questions

Do you have any questions about FlexiCredit? See our FAQ page for more information about unsecured FlexiCredit.

Frequently asked questions about FlexiCredit

Prices
Prices before 1.9.2019
Terms and conditions
Consumer credit
Example calculation

FlexiCredit – Rates and prices

Most common fees related to consumer loans drawn down after 1 September 2019

The reference rate is the 3-month Euribor (when the credit relationship is established, the value of the reference rate is determined according to the quotation on the first banking day of the month in which the credit application is signed).

The credit margin is 2.9–8.9%, depending on the customer’s total banking volume (margins valid as of 16 January 2020).

Rates and prices
ItemPrice

FlexiCredit margin, normal price

FlexiCredit margin, home loan customers

FlexiCredit margin, Premium Customers

8,90 %

5,90 %

2,90 %

Opening fee0,00 €
Raising fee
0,00 € 
Account management fee0,01% per päivä laskettuna myönnetyn luoton määrästä, enintään 12,50 € kuukaudessa
Costs of written investigations17 € / alkava tunti
Copies of receipts and invoices, per copy
10,00 €
Change of due date if the invoice has already been generated0,00 €
Change in repayment schedule
0,00 €
Balance or interest statement on request10,00 €
Payment reminder5,00 €

Reference rate and prices before 1.9.2019

Reference rate and prices for loans issued before 1.9.2019.

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor (quoted on the first banking day of the month in which the credit application is signed).

Prices before 1.9.2019
ItemisationPrice
Opening fee, credit amount EUR 2,000–5,000125,00 €
Opening fee, credit amount EUR 5,001–12,000175,00 €
Opening fee, credit amount over EUR 12,000200,00 €
Opening fee, credit amount over EUR 25,000300,00 €
Account management fee per month, automatic debiting4,50 €
Account management fee per month, e-invoice4,50 €
Account management fee per month, without automatic debiting7,00 €
Copies of receipts and invoices per copy10,00 €
Raising fee100,00 €
Lengthening of repayment time, over 14 days0 €
Balance or interest statement on request10,00 €
Payment reminder5,00 €

Terms and conditions

FlexiCredit is granted on normal credit terms. You are eligible for FlexiCredit if you are 18 years or older, live permanently in Finland, have regular income and a clean credit report.

Further information in the agreement:

Standard European Consumer Credit Information

To make comparing easier, the applicant has the right to receive the key information on the credit on a Standard European Consumer Credit Information form before signing the credit agreement. The information on the form may be calculated with the details given by the customer or on typical values. The form on this page is calculated with typical values, which means that a typical euro amount for this credit type is applied.

The form specifies the lender's contact information, the main features of the credit product, the costs, other important legal aspects and, if needed, the additional information required for distance selling. The information on the form may be binding or unbinding on the lender. A binding form requires a positive credit decision. 

You will find detailed information on the credit on the Standard European Consumer Credit Information formOpens new window

Example calculation

Calculation for consumer credits issued after 1.9.2019.

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 8.9%. With a nominal interest of 12.81% and a 83-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 17% (January 2024). The total sum of the credit and credit costs is 13,172.25 euros and the number of loan payments is 83. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's mortgage customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 5.9%. With a nominal interest of 9.81% and a 73-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 13.8% (January 2024). The total sum of the credit and credit costs is 11,590.54 euros and the number of loan payments is 73. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's Premium customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 2.9%. With a nominal interest of 6.81% and a 66-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 10.6% (January 2024). The total sum of the credit and credit costs is 10,446.66 euros and the number of loan payments is 94. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

FlexiCredit is provided under the normal credit terms and conditions by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki, FI-00020 NORDEA.

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